Short-term rentals in Dubai are growing in popularity among travellers, with close to 4,200 active listings on Airbnb.com, hitting hotel prices across the emirate, a new report has revealed.
According to property consultancy Knigh
Bahrain’s HRH Prime Minister Prince Khalifa bin Salman Al Khalifa has called to fast-track construction of 40,000 homes for citizens, reported the Gulf Daily News, our sister publication.
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Dubai developer Jumeirah Golf Estates (JGE) has awarded a contract to Sumer Contracting Company for the construction of 728 mid-market homes at its DP World Tour Championship golf course development.
The developer, which has been
The Egyptian government has started building new flats for slum dwellers under an ambitious housing plan which is expected to cost about E£14 billion ($1.58 billion).
A few of them like Bayada Mohamed have already moved into
New US single-family home sales recorded their biggest gain in 24 years in April, touching a more than eight-year high as purchases increased broadly, a sign of growing confidence in the economy's prospects.
Saudi Arabia's government has authorised the housing ministry to seek the assistance of Britain, France and China in building hundreds of thousands of homes to ease a shortage of affordable housing in the kingdom.
The Abu Dhabi government is set to hand over 2,048 homes to its citizens across the emirate, including 236 units in Al Ain and 349 in the Western Region, said a report.
The announcement was made by Sheikh Mohamed bin Zayed Al Nahy
Iranian ultra-high-net-worth private and corporate/state backed buyers will spend up to £6 billion ($8.63 billion) over the next five to 10 years on investing in overseas property in locations including London, Dubai, Switzerland, Germany
Egypt's Ministry of Housing has begun awarding new residential projects to contractors under its ambitious Tahya Masr social housing scheme which will see the construction of 200,000 new homes in the coming years, said a report.
Nearly 25,000 new homes are to be built by the end of 2018 and distributed to Bahraini families, said a report, citing the kingdom's housing minister.
A total of 3,539 homes were built last year while 7,886 houses will be buil