Saturday, July 20, 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 villa sold for AED100 Million!

One of the most expensive residential real estate deals in Dubai has closed for AED100 million (US$27.226 million)—a sign, perhaps, that the emirate’s luxury...

Dubai & Abu Dhabi ranked 2nd & 3rd most expensive M....

According to Mercer’s 2017 Cost of Living Survey, Dubai and Abu Dhabi are the second and third most expensive Middle Eastern cities for expatriate...

Qatar approves draft law on property ownership by foreigners

Qatar announced approval of a draft law on regulating the ownership and use of properties by foreigners, media reports said on Thursday.The decision was...

Abu Dhabi homeowners told to alter value of homes to Dh1...

Homeowners have been advised to falsify the value of their property on an official document to avoid being billed for Abu Dhabi’s new municipality...

Trending Residential Locations in Dubai- Big Data Analysis

Living in Dubai is considered one of the most exciting experiences you will ever get to have for the city has everything to offer...

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...

Where are rents dropping fastest in Dubai?

The Q3 Dubai Real Estate Report from real estate consultancy Asteco showed that Dubai Marina posted the highest decline in rental rates at 19...

Bahrain: 3 Dead, Over 40 Injured In Building Collapse

Three people have died and more than 40 injured after a residential building collapsed in Bahrain Tuesday night following a gas cylinder explosion.A large...

Dubai: Municipality fees at hotels, restaurants slashed

Dubai has announced plans to reduce the municipality fee on sales at restaurants and hotels. The municipality fee will be cut to 7% from...

INVESTORS BEWARE: UK ‘on the brink of worst house price collapse...

House prices are teetering on the brink of a crash that could be as bad as the bust of the early 1990s, a leading...
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