Real Estate

Real Estate and related Industry News

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 hotels Pearl 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 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...
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 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...
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, Sydney Asian...
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 Rise Average 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...
Dubai witnesses strong rental growth in emerging masterplan locations as cost sensitive occupiers drive demand Total value of residential transactions reached AED28.8 billion in the first half of 2013 The Dubai office market continued to experience rising demand with new leasing...
Office and residential rental rates remain stable with renewed interest in commercial sales transactions Bahrain’s economic growth showed positive signs in the first quarter as oil outputs were revived; employment in the kingdom also rose significantly over the last year,...
Jones Lang LaSalle, the world's leading real estate investment and advisory firm, has released its second quarter, 2013 Abu Dhabi Market Overview report covering the office, residential, retail and hospitality market segments, highlights the market recovery commenced in Q1,...
Latest figures released by Dubai's Land Department shows that Dubai Real Estate transactions are up 30% closing on $30 billion in H1 2013. According to figures recently released by the Government of Dubai Land Department, the total value of real...
New market data suggests that global commercial real estate markets have continued to make a solid recovery, largely driven by the Asian and Middle East region. Compared to the same period last year, the transaction volumes are up by 11...
It has been reported that the Abu Dhabi Investment Authority (ADIA) is planning to invest an estimated USD 200 million in India’s real estate sector. The ADIA, a sovereign wealth fund responsible for managing the vast wealth of oil-rich UAE,...
Although GCC investors are scouring the world for bargain deals, London’s real estate market has continued to attract them in huge numbers. According to Paul Preston, director and head of property investment company IP Global Middle East, London has earned...
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...
IP Global Property Barometer Q2 2013: Jakarta ranked highest among the promising markets of Asia-Pacific  Jakarta, with the fourth largest population in the world has attractive demographics for real estate investors The Australian economy is becoming two phase, with Queensland and...
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...
Government of Turkey tunes laws to attract more FDI. Repeals the 'Law of Reciprocity' act. Foreign owners of Turkish property can now get their resident permits extended. UAE buyers snap up Luxury residential projects in Turkey. Luxury residential project 'The Residences at...
Dubai's award winning Infinity Tower to open Monday, June 10th, 2013. Much of the future we envisioned as children was influenced by George Jetson, his boy Elroy, daughter Judy, Jane, his wife and of course, the world they lived in. From...
Cluttons in the UAE: "Residential rental market prices in Sharjah move back towards the peak of 2007." Cluttons, the real estate specialist which has enjoyed a dedicated Middle Eastern presence since 1976, reports a strengthening rental residential market in...
Qatar Holding has bought a 40 percent stake in a new 290,000-square metre skyscraper project near the centre of Milan, it was announced on Friday. Porta Nuova represents one of the most prestigious city center mixed use developments in Europe...
A real estate report highlighting the Doha real estate market is expected to remain stable and may even witness a surge in unit sales and rentals over the coming months. In the residential real estate sector, the Al Asmakh Real...
  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,...
Property sales in Doha have continued at a swift pace through the first quarter of 2013, with a 2 percent increase in the total value of transactions. The latest Asteco Q1 2013, Qatar report says that compared with the fourth...
A new report reveals that the UAE real estate market has made widespread gains and is trending to positive territory this year. Bayut.com, one of the leading UAE real estate portals, points out that the real estate recovery is no...
A market report finds that an estimated 40,000 new homes will be available for buyers in Dubai over the next two years. Published by consultants Jones Lang LaSalle, the report shows that a number of new properties will be developed...
Cluttons in Abu Dhabi: Residential rents increase in some locations -- while overall, Abu Dhabi becomes a more affordable place to live Major Highlights of  Cluttons Q1 2013 market report for Abu Dhabi: A number of large-scale announcements in the past six...
All sectors of the Dubai real estate market are positioned in the recovery stage of their market cycle for the first time since 2008 Jones Lang LaSalle’s Q1 2013 market report: Major Highlights The real estate investment market has been very...