Friday 28 July 2017
 
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real estate

Makkah real estate sentiment gets a lift in H1

The overall sentiment in the Makkah real estate market was boosted during the first half (H1) of 2017 as the government lifted the quota on Hajj pilgrims despite ongoing major infrastructural work on the Holy Mosque, a report said.

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Amlak to hand over Dubai villas in Q4

Amlak Finance, a leading specialised real estate financier in the Middle East region, has announced the completion of the first phase of its new residential development project in the Mirdiff area of Dubai, UAE. The Dh135-million

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UAE capital 'becoming most affordable housing market'

Slackening demand has sent residential sale prices tumbling in Abu Dhabi and rents have also declined in most districts, making the UAE’s capital more affordable following prolonged government austerity measures, according to a report.

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Abu Dhabi real estate 'faced tough market conditions'

The real estate market in Abu Dhabi witnessed challenging market conditions during the second quarter mainly due to a drop in demand and increase in supply of housing units in the UAE capital, according to a leading real estate consultancy Astec

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$1.4bn project boosts Dubai commercial real estate market

While Dubai’s commercial real estate market has experienced muted growth over the past six months, the recently-announced Emirates Towers Business Park is set to become the most defining commercial development in the emirate over 10 years,

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Riyadh real estate market ‘softens in Q2’

The real estate market in the Saudi capital Riyadh continued to ‘soften’ in the second quarter, with further declines in performance across the office, residential, retail and hotels sectors, according to JLL, one of the world’

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UAE real estate market sees mixed trends in H1

The UAE estate market witnessed mixed trends in the first half with both the sale and rental prices at Dubai and Abu Dhabi registering a minor decline.  However, the market it remained a rich ground for investors looking for strong returns,

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JLL names new country head for Saudi Arabia

Leading real estate investment firm JLL has appointed Ibrahim Albuloushi as its new national director and country head for Saudi Arabia replacing Jamil Ghaznawi, who moves into a senior role with an important client of the firm. J

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Kuwait's real estate sales soar on housing demand

Kuwait's real estate market picked up momentum in May with sales surging to their highest level in 18 months hitting KD289 million ($951 million), up 37 per cent compared to the previous year, according to a report by National Bank of Kuwait

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DLD starts awareness drive for ‘Dubai Brokers’ app

The Dubai Land Department (DLD) has launched an awareness campaign for its first-of-its-kind application ‘Dubai Brokers,’ said a report. ‘Dubai Brokers’ is the most important application issued by DLD for p

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