Thursday 17 April 2014
 
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Property glut softens growth rate in Abu Dhabi

Additional property supply in 2014 softened residential rental rates further in the first quarter (Q1) of the year, with little or no increase in some areas, while high-end properties in investment areas recorded modest increases of between 1-3

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Emaar unveils luxury homes in ‘BLVD Crescent’

Emaar Properties has unveiled luxury apartments in ‘BLVD Crescent,’ the newest stylish and contemporary residential development in the heart of Downtown Dubai.    The development features two tow

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Cluttons Dubai launches new luxury apartments

Cluttons Dubai has launched a new phase of two-bedroom apartments at the Jumeirah Beach Residence (JBR) at Shams 1. The apartments, which start from Dh2.2 million ($598,848), are about 1,400 sq ft featuring modern amenities and la

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Jordan apartment sales price up 14pc

The apartment sales prices in Jordan rose 14 per cent year-on-year but the rental rates remained relatively unchanged at two per cent due to increased supply, said a report. Although rental rates in Jordan experienced no significa

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Sharjah residential rents up 33pc

The residential leasing market in the Northern Emirates continues to follow the upward trend witnessed throughout 2013, which was particularly apparent in Sharjah which witnessed a 33 per cent jump last year, said a report. Two ot

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Dubai prime property prices growth slows

Prices of prime apartments and villas in Dubai grew slower in the fourth quarter of last year compared to the preceding quarters due to a number of 'cooling' steps taken by the authorities, a report said. The prices increased 15

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Damac awards Riyadh project to Binladin unit

Dubai-based real estate developer Damac Properties has awarded the main construction contract in its Riyadh project Damac Esclusiva Luxury Serviced Apartments to Haramain Gate for Construction, a subsidiary of Binladin group. The

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Omniyat to bring top global hotel brands to Dubai

Omniyat, a leading developer in the Middle East, is set to bring two international, premium hotel brands to Dubai by year end besides launching three mega service apartments projects, said a top official. With a portfolio of 15 pl

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Staybridge Suites opens in Lebanon

InterContinental Hotels Group (IHG) has opened the Staybridge Suites Beirut, marking the entrance of the international extended-stay hotel brand into the country. Staybridge Suites is located in Verdun Street in downtown Beirut, w

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Dubai Marriott launches summer packages

Dubai Marriott Hotels, which has six properties in the city, has launched summer packages for travellers from June 1, for three months. The package includes six nights for the price of five at Dubai Marriott Harbour Hotel & Su

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