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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… |
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Emaar’s new project draws global responseEmaar Properties, the global property developer, closed on-line registration for its newest residential project in Downtown Dubai, The Address Residence Sky View, in less than one hour following massive investor interest. Emaar.co More… |
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Jordan property makes modest gains in 2012Rental rates in Jordan for one and two-bedroom apartments remained mostly unchanged in 2012 compared to the previous year, whereas increased demand for three-bedroom units resulted in an average increase of 2 per cent, said a report. More… |
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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… |
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Dubai serviced flats 'seeing good growth'Serviced apartments in Dubai could offer investors double-digit annual yields before additional supply reduces the sector's profitability going forward, a banker at HSBC said. The sector is receiving interest from investors lo More… |
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48pc of Dubai hotels within 2km of mega mallsForty-eight per cent of hotels and hotel apartments in Dubai are located within 2km of one of five mega shopping malls in the city, a report said, highlighting a growing trend that tourists want to be close to major retail attractions. More… |
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Abu Dhabi invests $5.4bn in labour citiesAbu Dhabi has invested Dh20 billion ($5.4 billion) for the development of 23 labour cities, that will boast new, high-quality apartments, in bid to improve the workers' living standards, said a report. The land for the labour More… |
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Bahrain developer hands over waterfront homesFontana, a four-tower luxurious living project on the Juffair waterfront in Bahrain, said it has started delivering of the freehold apartment title deeds to its customers. Fontana Towers developed by The Developers WLL is a symbol More… |
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Emaar's apartment sales jump in Q3Emaar Properties' revenue from apartments sales more than tripled in the third quarter, helping Dubai's largest developer overcome a sharp decline in the sale of commercial units. Revenu More… |
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Abu Dhabi hotel guests top record 1.74mAbu Dhabi has achieved record hotel guest numbers in the first nine months of this year with more than 1.74 million people staying in the emirate’s 131 hotels and hotel apartments – a 15 per cent increase on the same period last year More… |
