Sales in Kuwait’s residential sector totalled KD98 million ($324 million) during July falling below the KD100 million mark for the first time in almost three years, reflecting a decrease of 28 per cent year-on-year (y/y), a report said.
Nshama, a private developer of integrated lifestyle communities, has unveiled Jenna, the first residential apartments to be developed at its trendy lifestyle project Town Square in Dubai, UAE.
Town Square is located in New Dubai in clos
The residential property sale prices across Dubai, UAE, fell 9.8 per cent year-on-year (y-o-y) in July, while in capital Abu Dhabi the prices were down two per cent, said a report.
The Dubai Residential Property Sales Price Index
Dubai-based MAG 5 Property Development (MAG 5 PD) has announced that 80 per cent of Phase One of its affordable housing project located at Dubai World Central (DWC)’s residential district area has sold out.
MAG 5 Boulevard o
Dubai-based developer Danube Properties has awarded a Dh300-million ($81.5 million) contract for the main construction works on its new residential projects to the UAE’s Naresco General Contracting (Naresco).
Shoring and exca
While the real estate market in Jeddah remained in the upturn stage of its cycle during the second quarter, further rental growth may be seen over the rest of the year in office and residential sectors of the Saudi commercial hub, an industry ex
Riyadh’s office market has remained largely stable over the second quarter of 2015, partially due to further delays in the construction of many of the key projects, a report said.
The office market in the Saudi capital has s
Abu Dhabi residential rents rose on an average by three per cent during Q2 2015, and are expected to rise further this year as limited new supply enters the UAE capital, according to a new report.
The second quarter witnessed only 1,647
Abu Dhabi’s real estate market remained stable during the second quarter (Q2) of this year, with performance of most sectors remaining flat, and a slight increase in hospitality performance, said an industry expert.
Azizi Developments, a leading UAE property developer, has announced the launch of its Daisy and Freesia residential project in Al Farjan master development in the heart of Dubai.
The project aims to fulfil the growing need for wor