Monday 31 August 2015
 
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freehold

UAE firm plans $816m freehold luxury villa project

G&Co, a premium property company, is set to develop Millennium Square, a first-of-its-kind semi-detached freehold luxury villa project, in Dubai, UAE, at an estimated cost of Dh3 billion ($816.6 million). It will come up at Me

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SHH to hand over Ajman residential units

Sweet Homes Holdings (SHH), a leading UAE-based developer, said it has completed the first phase of its Paradise Lakes Towers, a real estate development in Ajman, UAE, and was ready to hand over the units to the residents. The Par

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Dubai off-plan residential sales retain strength

With freehold transactions falling by almost one third in total during the third quarter of the year, Dubai’s off-plan residential sales market is still buoyant and continues to attract regional and international investors, a report said.

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Dubai sees steady increase in land prices

With an expanding significance of freehold in Dubai, UAE, land prices will continue to gather momentum, especially towards the build-up for the World Expo 2020, said a report. As Dubai's real estate market enters its third cyc

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Non-freehold property only for UAE, GCC nationals

The ownership of property in non-free holding areas in Dubai is limited to only UAE and GCC nationals, said a report citing a Dubai Court of Cassation ruling. The court stressed this after rejecting an appeal of a Pakistani family

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DFC launches freehold home sales

Al-Futtaim Group Real Estate (AFGRE) has announced the first release of 24 newly-completed town homes in the third phase of Al Badia Residences at Dubai Festival City (DFC). DFC is the first creek side, mixed-use waterfront commu

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Bahrain’s housing scene ‘set to worsen’

The rate of growth in the waiting list for affordable housing in Bahrain exceeds the rate at which the Government can address the problem and the situation looks set to worsen in the short term, said a report. The need to social housing –

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Kuwait low on freehold housing

While there are substantial volumes of supply in the commercial and residential investment sectors, an undersupply of private residential (freehold) housing is a key challenge to the Kuwait real estate market, a report said. DTZ, one

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Sakana starts piling at freehold project

Sakana Holistic Housing Solutions announced today (February 23) that piling commenced recently in Nasmah West, a 25-storey residential development in Juffair, Bahrain. A freehold project, which is being developed by RMK Projects (a divisio

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Ocean View, SBK in key Abu Dhabi realty deal

Ocean View Abu Dhabi, a new real estate company, has been set up to market Abu Dhabi’s attractively priced properties, including some amazing waterfront developments, to high net worth individuals from across the globe. Ocean View Abu Dhab

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