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Saturday, December 14, 2019

Property

Latest updates on property, launch of new projects, implementation of new technology along with growth and development of real estate business in GCC.

Dubai Builder Sees Property Slump Lasting for Years

A United Arab Emirates developer who says he’s waiting for a market rebound before starting a $4 billion project expects the country’s property slump...

Focus on affordable housing sharpens in GCC countries

Gulf Cooperation Council (GCC) countries are doubling their efforts to further enhance low- and middle-income households’ ability to own affordable housing, as part of...

Qatar’s $500M food store

John McKillop who heads Hassad Australia, the agricultural company established eight years ago by oil and gas rich Qatar buys farms in Australia to...

An Omani sheikh paid $34 million for two apartments so his...

A wealthy sheikh from Oman paid £25 million ($34 million) to buy two flats so his family, friends, and staff could live next to...

Dubai: Property suffers biggest price drops in 4 years

Chestertons MENA said sales prices for apartments and villas fell 5 percent quarter-on-quarter in Q1, denoting the highest quarterly drop in sales prices since...

Dubai property prices and rents continue to fall

Dubai villa and apartment rental rates maintained a downward trajectory during the third quarter of 2018, reflecting a trend observed over the past quarters,...

Abu Dhabi: Expats Can Now Own Plots In Investment Zones

The Abu Dhabi government’s move to change a real estate rule to allow expats to own freehold property in designated zones is a step in the...

UAE rents will fall 5-10% in 6 months, say experts

Rents are likely to fall by 5 to 10% in the next 6 months throughout the UAE according to experts. Redundancies and an oversupply...

Dubai Creek Tower: the world’s next tallest tower!

Intriguing new photos have emerged courtesy of developer Emaar Properties showing an aerial shot of the tower's vast footprint, along with workers deep underground...

MENA hotel investment is booming!

The Middle East hotel investment market has been expanding rapidly with no signs of slowing down. As of August, the Middle East construction pipeline totaled...
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