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Real Estate and related Industry News

The Emirate of Ajman is home to the world’s highest rental yields, according to UAE based real estate company Propertyfinder. - Apartment rental yields in Ajman are among the highest globally, boasting 9.6% per annum, according to - The emirate is...
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...
Leading Saudi newspaper Arab News cited an unidentified report on Sunday which said the Gulf Kingdom has put on hold public work projects worth more than SAR500bn ($133bn) across the country, including 166 in major cities. According to Citigroup’s MENA Construction Projects...
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 emirate Among GCC nations, Saudis dominated the real estate investment activity...
  Emaar Properties and two other developers have announced more grand projects to fuel the recovery of the Dubai real estate sector at a recent property show and Emaar Properties, Dubai’s largest developer and the builder of the Burj Khalifa,...
  An increasing number of Dubai residents prefer newly developed suburbs for relocation compared to highly populated established areas like Dubai Marina and Downtown. Dubailand has climbed to the top position on the list of most popular areas in Dubai,...
  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...
There has been a lot of buzz in Dubai over the past few weeks about highly desirable real estate projects that are being launched and sold out within days or even hours of being released. This is not to...
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...
Dubai property prices have recorded another robust performance in Q2, which is the fourth consecutive quarter of (strong) leasing and sales growth. Apartment sales prices grew on average by 12 percent in the three months to the end of June...
As property prices began to crash with the financial crisis, some of the largest pension funds in the US are beginning to take a step back from investing in fancy properties. Pension funds are some of the biggest investors in...
Mandatory Midday Break for laborers will start from June 15, said the Ministry of Labour. Companies will have to give two and a half hour break from 12:30 pm to 3:00 pm to those workers who work in open areas...
A new USD 272 million retail, residential and hotel development launched on Abu Dhabi’s Al Maryah Island is expected to be completed by 2017. Named the Sowwah Central, this project will feature a 214,000 square meter shopping centre, along with...
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...
Should you buy or rent? new online tool will help you decide on buying or renting a home in Dubai/UAE by comparing the total cost of renting with the total cost of buying a property in Dubai/UAE. Propertyfinder’s new Rent...
The coveted position for the world's tallest building is always on. It all started with the Home Insurance Building, Chicago(42 meters) in 1884  to the Burj Khalifa (828 meters), Dubai  in 2010. The  architecture challenging races seem to never stop, as...
The fall of the Soviet Union in 1991 has 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...
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...
As you grow in life, you write a list of accomplishments for yourself, of which the one that probably tops the list for many is – buying a house! As you dive into this decision, you may consider whether you...
At Emaar Beachfront, a private gated island destination in the Arabian Gulf, discover Miami beach style living in Dubai Emaar Beachfront launches first residential community with homes opening to pristine ocean views • Beach Vista in Emaar Beachfront offers direct access...
eMart - The new real estate portal aims to provide transparency and credibility to Dubai's real estate market The first of its kind in the region enhancing the leadership of Dubai on the global map of real estate Latest initiative in line...
According to Savills, a global real estate services provider, in their latest research report on Dubai office rental market revealed that businesses are taking advantage of lower rents in Dubai.
Property prices on the Palm Jumeirah have begun to sink to a four year low, with apartments going on sale for as low as AED 650 per square feet. Studies show that a number of apartments on the Palm...
Arcmad Al-Mashtal, a 5 star hotel has recently been opened in Al-Soudania in the midst of poverty stricken Gaza Strip. The building strikes a stark contrast to its surroundings. Cross-check all the features that make a hotel a 5 star...
According to a Colliers International report, the Qatar economy has become one of the most vibrant in the Middle East and the world at large, on the back of its hydrocarbon reserves. The World Economic Forum Global Competitiveness Report for...
  With Dubai's real estate prices softening across the Emirate, renters and buyers are searching for the most visually appealing properties and neighbourhoods Affordable luxury is now in vogue as the ‘unobtainable now becomes the obtainable’ when it comes to Dubai...
Following suit after the recent crackdown in Sharjah and Abu Dhabi, now Dubai is regulating the air-drying of clothes in balconies and the display of dish antennas. Hanging clothes, installing dish antennas, or placing junk in balconies and those ignoring...
The JW Marriott Marquis Dubai has been officially recognized by The Guinness World Records as the world's tallest hotel. At a height of 355 metres, the hotel is only 26 metres shorter than the Empire State Building in New York. The hotel...
Unveiling District One: Welcoming the New-age Metropolis of Mohammed bin Rashid City District 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...
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...