Saturday 23 May 2015
 
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Dubai: Sell in May and go away

The best month to buy a property in Dubai is in October through February, while the optimum time to sell is in May through July, a report said. The relationship between price change and transactional volume in the market helps def

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Kingdom Tower apartment sale to start this year

Residential apartments at Saudi Arabia's Kingdom Tower, which is slated to become the world's tallest building on completion in 2018, will likely go on sale later this year, the developer's chief executive told Reuters.

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Mid-market hotels gain momentum in Dubai

Of the total of 44 new hotels and hotel apartments launched in Dubai, UAE during 2014, 13 hotels came from the four-star sector and nine of the new apartments fell into the standard classification, a report said, highlighting the surge of the mi

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Yassat Gloria Hotel Apartments gets 4-star rating

Yassat Gloria Hotel Apartments, a leading 41-storey building in Dubai, has been granted a four-star rating by the emirate’s Department of Tourism and Commerce Marketing. The property, located on Sheikh Zayed Road, features 1

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Strong dollar erodes Dubai residential sale prices

The strong US dollar continued to hit Dubai property prices during the first quarter (Q1) of the year, but apartment transaction volumes remain resilient, an industry expert said, adding that the market downturn is attracting selective investmen

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Golden Sands sees Scandinavian region as potential market

Golden Sands Hotel Apartments (GHSA), a premier serviced apartment complex in Dubai, UAE, recently took part in the five-day ITB Berlin targeting the Scandinavian region as a new market. The team, headed by Mohammed Khoori, genera

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4,000 new apartments coming up in Jebel Ali

About 4,000 new apartments will be coming up in the next three years at Jebel Ali in Dubai, UAE, amid a major development push from regional players such as Nakheel and Damac, according to a report. Tenders for these new apartment

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Damac Maison opens new hotel apartments in Dubai

Luxury real estate developer Damac Properties has opened its third luxury serviced hotel apartments in the Burj Area of Dubai, UAE – Damac Maison Cour Jardin – managed by the company’s hospitality arm, Damac Maison Hotels &

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Abu Dhabi hotel guests top 2.8m during Jan-Oct

More than 2.8 million guests checked into Abu Dhabi’s 156 hotels and hotel apartments in the first 10 months of this year, marking a 25 per cent increase on the same period last year, according to figures just released by Abu Dhabi Tourism

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Cluttons, Impact to launch freehold apartments in Bahrain

Cluttons, a leading international real estate advisor, and Bahrain-based property consultant Impact Estate are set to launch the sale of new luxurious freehold apartments at a residential tower in the kingdom. Orchid Plaza, develo

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