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A report published today by international real estate advisor Savills has ranked the United States of America (USA), the United Arab Emirates (UAE) and Singapore respectively as the top three countries for residential investability on the basis of economic...
A new survey of the Dubai real estate sector revealed indicate that Dubai property market is currently undergoing a correction in property values over the three months to June, but the rental market continues to strengthen.According to the latest survey by...
India's strange real estate sector: of delayed projects and surplus houses. Emaar MGF, a joint venture between MGF Developments Ltd and Emaar Properties PJSC, Dubai has been one of the leading FDI players in the Indian real estate market.When a...
Falling Oil Prices and Real EstateGlobal oil prices have fallen sharply in recent months, putting pressure on energy-exporting countries that count on the commodity as their primary source of income. Between June and January, the price of crude oil...
Key Dubai Real Estate Performance Indicators Continue to Soften, but Investment Options Remain, according to dubai-based real estate investment company Phidar Advisory.Phidar Advisory in their Q4 research notes for the residential and office markets in Dubai has said that...
Top 10 things to consider before buying a Villa in DubaiDubai is a melting pot of cultures, offering a comfortable living experience of a high quality. Constantly soaring to new heights and offering a plethora of options in all...
Cityscape Global has seen a 27% increase in opening day visitor numbers, year on year, as major local and international developers turned out to launch a host of new projects amid a buoyant real estate market. Middle East investors were...
 53% of UAE residents have property within their investment portfolios, compared to 43% holding traditional ‘safe haven’ asset gold More confidence in overseas property markets amongst UAE residents, with 41% owning property outside the UAE compared to just 12% with...
Dubai-based real estate development company, Meraas Holding, today launched ‘La Mer’, a mixed-use development that will take shape in Dubai's exclusive beachfront district Jumeirah in the vicinity of Pearl Jumeirah Island. Construction of “La Mer” is set to commence...
Knight Frank, the leading independent global property consultancy, today announces its Autumn 2014: Dubai Residential Insight Report.Indians were the biggest spenders, investing close to AED 10.5 billion in the emirateAmong GCC nations, Saudis dominated the real estate investment activity...
The World Cup is in full flow and it is no secret that the world’s best footballers who are showing off their skills in Brazil, are earning a substantial sum of money for participating in the month long tournament.Portugese...
Middle East Investors to Spend US$180 Billion in Global Real Estate Markets Over Next Decade: CBRE- Sovereign Wealth Funds Poised for Major Impact on Global Property Markets - Europe Clear Favorite with 80% of Expected Allocation - $85bn to Flow into...
With a combined value of close to $240bn, Dubai’s biggest real estate projects will massively redefine the emirate’s landscape in the next decade.MEED Projects, which tracks various construction projects across the region, has compiled the latest data on ongoing...
As far as economic prosperity is concerned, one doesn't have to look towards the otherwise conventional Western countries nor towards the Far East, in China. It’s in the Middle East that the treasure trove of economic prosperity lies with...
The fall of the Soviet Union in 1991 have demoted communism and socialism to the least importance upon which capitalistic notions flourished all around the world. Since then, the dominant economic trends revolve around the economic theory of deregulation...
The Dubai Canal project will transform the city through Real Estate and Tourism InnovationThe Dubai Canal Project, a 14-million square feet mega development extending the Dubai creek water way into the Arabian Gulf offers a fresh perspective to waterfront...
JLL Survey Highlights Dubai amongst Global Metropolises with Stronger Economic TrendsIn order to determine and map out the futuristic developmental trends of leading metropolises, leading global property consultants, Jones Lang LaSalle (JLL) carried out the first City Momentum Index...
Oil & gas revenues look for safe, long term home in global property, reveals JLL's latest Global Capital Markets Research report.JLL's report provides insights into the investment trends of Middle Eastern oil rich economies including, an estimate of the...
Dubai is the most expensive region for expatriates to rent properties with 30% increase in rental property ratesWhat’s the next best thing to do if we aren’t able to afford our ‘dream home’ in an exquisite foreign location? Of...
Dubai's economy is bouncing back with latest trade figures revealing that Dubai's trade grew exponentially to over 1.32 trillion dirhams (about US$ 362 million) in 2013, leading to a growth of about 7.6%.Regarded to be one of the richest...
Looking at the architectural marvels that dot the landscape of the United Arab Emirates, it doesn’t take long for one to imagine living in one of these marvels. It’s an often repeated thought amongst all who dream of living...
Property and real estate are two aspects in an economy that are highly vulnerable and immensely susceptible to the slightest variation. When these two elements enjoy a period of boom, there’s much to speak about – boast and brag...
Deloitte Survey Reveals Changing Preferential Moods: From China to the Middle-east Despite the gloom and doom that overrode most of the global economy in 2013, the Asian economic giant China notched some significant successes as far as its economic activities...
The purchase includes high-end residences and serviced apartments and two 5-star hotelsPearl Dubai FZ LLC today announces the successful sale of prime property assets valued at US$1.9 billion (6.8 Billion AED) within its 20 million sq ft Dubai Pearl...
Unveiling District One: Welcoming the New-age Metropolis of Mohammed bin Rashid CityDistrict One of the AED30bn ($8.17bn) Mohammed bin Rashid City was unveiled on Tuesday, 28th January 2014, by His Highness Sheikh Mohammed bin Rashid, Vice-president, Prime Minister and Ruler...
It was recently announced that Dubai will be the first Middle Eastern city to host a World Expo trade convention, which happens in 2020. With sustainability set to be one of the three core themes at the event, the World...
eMart - The new real estate portal aims to provide transparency and credibility to Dubai's real estate marketThe first of its kind in the region enhancing the leadership of Dubai on the global map of real estateLatest initiative in line...
Dubai Cityscape Global 2013 has attracted over 30,000 visitors, a 53 percent rise compared to last year.Cityscape Global is Middle East's mega real estate gathering event where participants showcase their latest property developments and peripheral real estate products and...
Asian institutional investors are looking to invest in excess of US $150 billion in global real estate- Limited Investable Stock in Home Regions Leads to Overseas Investment Surge - Asia will seek opportunities overseas in Dubai, London, New York, SydneyAsian...
Mubadala and Gulf Related Announce AED 248 Million Refinancing of The Galleria Debt with the National Bank of Abu Dhabi, following the Successful Opening and 100% Leasing of the Retail Mall.Mubadala Real Estate & Infrastructure (‘MREI’), a business unit of Mubadala Development...
Despite rising rents the UAE retail market remains a competitive option for international retailers, according to the latest research by CBRE, the global real estate consulting firm.Retail Rents in New York, London, Tokyo and Zurich on the RiseAverage retail...
An Abu Dhabi government requirement for public sector workers to reside in Abu Dhabi, provides a boost to the capital’s real estate sector.The real estate market is already benefiting from the Executive Council of Abu Dhabi’s planned five year...
The Dubai residential property market recovery gathers pace, with Sharjah also benefiting, reveals Cluttons. Cluttons, the global real estate company with a dedicated Middle Eastern presence, today issues its latest market analysis in The Property Report (Summer 2013).  This annual publication...
RESIDENTIAL RENTS CONTINUE TO SLIDE IN ABU DHABI, BUT A RECOVERY IS EXPECTED IN THE FRAGMENTED RENTAL MARKET BEFORE THE END OF 2013. Residential rental rates fell by 4% during the quarter, despite the increasing interest in rentals. Office rents remain...
Growing interest from global investors has sparked a rebound of the UAE commercial property market.The Global Commercial Property Survey by the Royal Institution of Chartered Surveyors (RICS), shows a sharp increase in global investor confidence in the UAE property...
The Abu Dhabi Investment Council has partnered with two other Japanese investors to buy a billion dollar Tokyo office tower.Market information shows that this is the biggest property deal in Japan since February, and the largest involving a foreign...
"You can print money, manufacture diamonds, and people are a dime a dozen, but they'll always need land. It's the one thing they're not making any more of." -- Lex Luther, in Superman Returns, back in 2006.Looks like Lex...
The International Monetary Fund (IMF) has warned Dubai authorities that another real estate bubble may be in the making, if the government does not intervene to slow the dramatic increase in property values. In the aftermath of the 2008 global...
In the latest move to help the Dubai real estate sector revive some investor confidence, the government of Dubai has decided to compensate investors who have lost billions of dollars in officially cancelled projects. Under a decree by Dubai’s ruler...
The Government of Dubai Land Department has announced that funds invested in the emirates' real estate market has reached AED53 billion, with Emiratis ranking highest among Gulf investors with AED12 billion in spending - reports WAM.A break-down of AED53...