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Abu Dhabi market sees selective recovery in Q1The real estate market in Abu Dhabi witnessed a selective recovery during the first quarter as prime residential rents increased by 8 per cent in selected higher quality schemes, while rents in secondary quality residential stock continued to fa More… |
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40,000 homes to enter Dubai property marketAnother 40,000 new homes will enter Dubai's property market over the next two years as developers revive projects stalled after the collapse of the emirate's real estate market, a report said on Sunday. &nb More… |
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Global real estate investments to hit $500bnThe direct investment into commercial real estate globally is on a high and the volumes are likely to reach a whopping $500 billion in 2013 from $443 billion in 2012, due to increased levels of demand for real estate coupled with a strategic rea More… |
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Dubai real estate sees selective recoveryThe real estate market in Dubai is witnessing a selective recovery as optimism returns over the second half of 2012 with a flurry of new project announcements, said a report. The Dubai economy has seen signs of solid recover More… |
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Dubai real estate eyes solid growth in 2013Dubai's real estate sector has lagged the overall economy during 2012, but now there are signs that confidence is returning among both investors and developers, while Abu Dhabi is still addressing key challenges, said a report. Ther More… |
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JLL, Mace to back UAE’s World Expo bidLeading consultancies Jones Lang LaSalle (JLL) and Mace have been appointed to support the development of the masterplan for Dubai Trade Centre-Jebel Ali, the UAE’s proposed site for the 2020 World Expo in Dubai. JLL, a financial More… |
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Saudi residential market posts solid Q1 growthThe Saudi real estate market witnessed solid growth in the first quarter with the residential prices on the rise in both capital Riyadh and the Kingdom's leisure destination Jeddah, according to a report. During the period, Riyadh saw More… |
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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 More… |
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Abu Dhabi retail space in big demandThe retail real estate market in Abu Dhabi remained steady during the first quarter of 2012 with good demand as there were no significant deliveries during the period, according to a report. The sector experienced the least amount of chang More… |
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Abu Dhabi rents set for further fall says reportThe residential rents in Abu Dhabi registered a 7 per cent drop in the first quarter and were set to fall further amid significant jump in supply across all sectors at a time of weak demand and tight economic conditions, said a report. The More… |
