Thursday 11 February 2016
 
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property market

Millennials 'set to dominate Dubai property market'

With so many new homes slated to enter the market, demand is projected to increase rapidly, especially from the millennials (those born between 1976 and 1990) who are primed to venture into buying homes instead of renting, according to the organ

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Indians pump $4.6bn into Dubai property market

Indians have become the biggest overseas property investors in Dubai, UAE, spending more than Rs30,000 crore ($4.59 billion) last year alone, said a report. This is more than a quarter of the total of around Rs1 lakh crore ($15.3

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Riyadh office market stable as projects delayed

Riyadh’s office market has remained largely stable over the second quarter of 2015, partially due to further delays in the construction of many of the key projects, a report said. The office market in the Saudi capital has s

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UAE credit growth expected to be flat in 2015

Credit growth in the United Arab Emirates is expected to be around 2 per cent this year, a senior banking official said, in a fresh sign the UAE credit cycle may have peaked because of low oil prices and cooling property markets.

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London hot property market for Mideast investors

London remains an attractive destination for Middle East investors looking to expand their property portfolio, according to a new report from property investment firm IP Global. A number of outer London locations are showing parti

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Sharjah property market feels Dubai ripple effect

The property market in the northern UAE emirate of Sharjah, saw rental rate stabilise in last three quarters of 2014 as slowdown in the neigbouring Dubai stalled tenant migration, according to a report. Throughout the Northern Emi

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Abu Dhabi property market sees healthy demand

Government initiatives to stimulate job growth, fuelled in part by a knock-on effect from the Expo 2020 win, provided healthy demand across all asset classes in Abu Dhabi, UAE, said a report. There has been a marked improvement in

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Dubai on recovery path, Abu Dhabi way behind

Within a general atmosphere of improving investor confidence and an optimistic business outlook across the UAE, Dubai remains a more robust market, while Abu Dhabi is way behind its neighbouring emirate in terms of the timing of recovery, said a

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Dubai residential market bounces back in Q2

The residential property market in Dubai witnessed solid growth in the second quarter with average rent increases of 6 per cent for apartments and 9 per cent for villas after a stable first quarter, said a report. The sales prices recorde

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Clarity 'returning to Egypt property market'

It remains a challenging time for the real estate sector in Cairo amid on-going uncertainty, however clarity is slowly returning to the Egyptian property market, according to a report. The general outlook continues to be cautious but optim

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