Tuesday, July 23, 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.

Saudi renovates a town previously infested by terrorists

Despite a Houthi-led onslaught on Saudi towns and oil ships, the Kingdom just announced it was in the process of rebuilding a town that...

6.7% Of Bahrain’s Assets Are In The Hands Of Non-Residents

Non-residents possess 6.7% of the Kingdom’s assets, according to Bahrain Foreign Investment Survey.The Information and eGovernment Authority (iGA) in collaboration with the Economic Development...

Dubai land prices ‘rise13% in 2017’

Rise in first six months of year was not matched by similar increase in house pricesLand prices in Dubai freehold zones rose by 13%...

More plot owners now opt to develop land in Dubai

The real estate sector in Dubai, currently on an upswing cycle, is showing signs of increasing maturity and sustainability with a change of investment...

Rental rates falling across Dubai

Dubai-UAE: Asteco’s Dubai Real Estate Report Q1 2018 has recorded an annual decline in villa and apartment sales of 6% and 9% respectively, with large...

How retiree visa will boost UAE real estate

The UAE government's announcement for a five-year residency visa for retired expatriates aged 55 and over is expected to result in increased investment in...

“Don’t Buy Dubai Property Before Real Slump” – Mobius

Prices and rents have already dropped by as much as a third in the past five years during what S&P Global Ratings has called...

World’s tallest building, Saudi’s $2 billion Jeddah Tower, delayed AGAIN

The completion date for the world's tallest tower has been pushed back to 2019, a Saudi Arabian billionaire said yesterday, almost six years after...

Saudi to resume building mammoth Mecca hotel

Saudi Arabia is set to restart work on one of the world’s largest hotel projects, the US$3.5bil (RM15bil) Abraj Kudai in Mecca, which halted...

A primer on Dubai rental index calculations

With key locations in Dubai recording rental declines through the year, it will be up to the city’s Rental Index to mirror the changes...
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