The apartment prices in Dubai, UAE, have fallen 11 per cent in the past one year and will decline further because of tighter regulations, rising inflation and a strong UAE currency, said a report.
Inflows of cash from troubled areas of
The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit and leading serviced residence owner-operator, has opened its first serviced residence in Saudi Arabia.
Vincent Miccolis, Asc
There will be a sharp rise in apartment rental prices across Saudi Arabia over the next six months, thanks to the effect of the 30 per cent mortgage law, said a report.
Stability is likely only in 2017, when the kingdom’s governme
Auris Metro Central Hotel Apartments, a unit of Dubai-based The First Group, has been awarded TripAdvisor’s Certificate of Excellence for the second consecutive year.
Located in the heart of Dubai’s bustling Tecom precinct,
Luxury real estate developer Damac Properties has opened the first NAIA Hotels and Hotel Apartments project in the heart of the Burj Area of Dubai, UAE.
NAIA Breeze, a 342-key luxury project with five-star service standards overlo
Meraas, a Dubai-based holding company, has joined hands with international luxury brand Bulgari to launch a first-of-its-kind master development on a private island off Jumeirah in Dubai.
It comes as part of the 1.7 million-sq-ft
Amwaj Mermaid, a new BD2.3 million ($6.06 million) residential project of Bahraini developer Rashid Albufalah, has opened its doors.
Amwaj Mermaid is a six-storey boutique residence boasting 18 spacious ready-to-move-in apartments
A luxurious 10,500-sq-ft New York apartment owned by a Saudi prince which is furnished with bullet-proof panic rooms and a sushi island bar, has been put on the market for $48.5 million down from the $75 million price it was listed for in 2012,
Golden Sands Hotel Apartments (GSHA), a premier serviced apartment complex in Dubai, UAE, is looking to attract a bigger share of the Indian tourists segment, which represents close to 25 per cent of their total guests.
During this year
Dubai’s market dynamics are now prompting a slowing down of growth figures and could herald a softening in demand for competitively-priced residential rental units in the Northern Emirates as Dubai market conditions continue to adjust, sai