 |
Doha property market steady in first quarterThe Doha real estate market was marked by average sales, rental rates and stable activity levels during the first quarter of the year, reflecting a positive outlook as developers resurrect projects ahead of an infrastructure surge, a report said More… |
 |
Aldar wins contract to build 996 villasAbu Dhabi's Aldar Properties has won a contract to build 996 villas in the United Arab Emirates capital, the company's chairman said, expecting to see at least 2 percent growth in the emirate's real estate market th More… |
 |
Dubai residential rates see robust growthThe residential property market in Dubai recorded robust growth in nearly all sectors in the last six months with the lower budget end of the villa market registering the sharpest rise in values of 20.2 per cent, a report said. Th More… |
 |
Abu Dhabi prime rentals drop on chase for valueResidential buildings in Abu Dhabi formerly considered prime are seeing vacancy levels increasing and rates falling as tenants relocate in a flight to quality and value-for-money, a report said. Tenants living in Abu Dhabi have be More… |
 |
Arabtec, Lootah win Nakheel villa contractsProperty developer Nakheel on Sunday awarded contracts worth $136 million to two local construction firms for a luxury villa project stalled after Dubai's property market collapse. The devel More… |
 |
UFMCO wins maintenance deal for 153 villasQatar’s United Facilities Management Company (UFMCO) has been awarded its first three-year maintenance contract with Qatar Vinyl Company to provide electrical, plumbing and civil services for 153 villas. &nbs More… |
 |
Blominvest Saudi awards $127m housing contractSaudi Blominvest, a part of Lebanese banking group Blom, has signed up leading developer Maskan Arabia for the construction of the first three phases of its upcoming SR475 million ($127 million) residential project in Riyadh. These phas More… |
 |
Bahrain plans $104 million sports cityBahrain will soon have its first BD40 million ($104.64 million) sports city, a state-of-the-art private development, which will feature a mixed sports dome, an outdoor pitch, mini-soccer hall, squash court and a climbing area, a report said. More… |
 |
Saudi residential rents surge in H1The apartment rental rates in the Saudi cities of Riyadh and Jeddah rose strongly during the first half mainly due to massive demand for low and middle-income housing among both Saudi nationals and expatriates, according to a report. More… |
 |
Dubai property sector ‘on recovery path’The Dubai property sector is showing strong signs of recovery following the 2008/2009 crash that hit Dubai investors during the international financial crisis, said a report. “The real estate market in Dubai is finally showing sig More… |
