Dubai developer Nakheel has awarded a Dh75 million ($20.3 million) contract to build a new residential complex with 130 apartments on Dubai’s Palm Jumeirah island.
The developer has awarded the deal to the UAE-based Tr
Four people, including one firefighter, were injured in a fire that broke out in the bunk beds of an apartment in a 17-storey building in Abu Dhabi.
The Abu Dhabi Police and the Civil Defense extinguished the fire, said a statemen
Average apartment and villa sales price increases in Abu Dhabi stabilised at 4 per cent and 2 per cent respectively during the second quarter (Q2) of the year compared to Q2 2013 as investor confidence returned, a report said.
Damac Properties has launched the first units on Akoya Drive, including the first hotel from NAIA by Damac.
NAIA luxury hotel rooms and hotel apartments are being made available for investment by the luxury rea
London's red-hot property market has struck a new record with the sale of a £140 million ($237 million) unfurnished apartment, but even the developer of the opulent building warned that some asking prices in Britain were unsustainable.
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
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
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
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.