The broad-based recovery witnessed in the residential sector over the past 18 months has now slowed down, as rental prices and sale values in Dubai have stabilized in most locations, said a report.
The Dubai real estate market has
Sustainability is gaining momentum globally and areas in the region, such as the UAE, have the opportunity to be the flagship of sustainable development, said property expert JLL, which released its sustainability report on Sunday.
Dubai's Road and Transport Authority (RTA) has roped in top real estate investment and advisory firm JLL for the leasing and on-going management of the retail locations at the Red and Green line metro stations.
Commenting on the dea
Abu Dhabi’s real estate market has experienced growth in prime residential sector with the sales price of units increasing seven per cent during the second quarter of the year, according to a JLL report.
The rise of Dubai's red-hot residential real estate market is slowing as government steps to curb speculative buying have an impact and higher prices start to affect demand, consultants JLL said in a report on Sunday.
More and more investors from the Middle Eastern region are buying residential properties in prime areas of Central London, according to JLL, a leading real estate investment and advisory firm.
International residential developers
Dubai has retained its status as the best performer among major markets in the Middle East when looking at overall hotel performance, thanks to its increasing global popularity as a destination backed by the government’s pro-tourism initia
The Abu Dhabi real estate market continued to grow during the first three months (Q1) of the year, with the prime residential sector seeing increased rents and prices and near to full occupancy for high quality products, a report said.
The Cairo real estate market is most likely to remain subdued in the short term, ahead of a potential period of gradual recovery from late 2014 or 2015, said a report.
While there have been new completions in the residential and r
Dubai's residential real estate sector witnessed increased prices and rents across all areas in the first quarter of this year, with rates growing faster in secondary locations, a report said.
The retail, hotel and industrial