Emiratis accounted for Dh12.54 billion ($3.41 billion) or 66 per cent of the total Dh19 billion ($5.1 billion) pumped into Dubai’s real estate market by GCC nationals in the first half of 2014, sending a message across the world that the r
The Dh2.3 billion ($626 million) Royal Estates project was officially launched by Bollywood superstar Shah Rukh Khan at an event held in Madinat Jumeirah in Dubai recently.
The development is a collaboration among Aristocratic Star, Pal
Kuwait’s residential sector recorded more than KD1 billion ($3.5 billion) in sales during the first half of the year, up 17 per cent compared to the same period last year.
In June, the sales hit KD172 million ($606.3 million
The rise of Dubai's red-hot residential real estate market is slowing as government steps to curb speculative buying have an impact and higher prices start to affect demand, consultants JLL said in a report on Sunday.
Sur Industrial Estate, which pertains to the Public Establishment for Industrial Estates (PEIE), hosted a workshop highlighting safety and security procedures in industrial facilities.
The workshop comes
Real estate valuation prepared by qualified valuers in the UAE will be formally regulated by the Royal Institution of Chartered Surveyors’ (RICS) professional body.
Following a drive by the Dubai Governme
Middle Eastern investors are expected to spend $180 billion in commercial real estate markets outside of their region over the next decade, according to a recent research.
Global property advisory CBRE’s
Dubai-based Nakheel, a major real estate developer, has signed a letter of intent with German real estate brokerage company Engel and Völkers (E&V) to create a new company specialising in selling and leasing properties in the emirate.