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Look: Dubai’s smartest building

2018-06-23 09:30:22

Property developer Omniyat takes architecture to another level with its smart building Image Credit: Omniyat   Mariam M. Al Serkal, Senior Web Reporter     Dubai: The city of... read more

Dubai Municipality cuts market fee for firms by 50%

2018-06-23 09:31:39

Dubai Municipality to charge only 2.5% of annual rent as market fee Sajila Saseendran, Senior Reporter     Dubai: Dubai Municipality on Thursday said it will start deducting 50 per... read more

Dh10m home maintenance support for low-income families

2018-06-05 08:32:16

Masaai Al Khair initiative will provide renovation support for social security beneficiaries and low-income families in Dubai Hessa Bint Eisa Bu HumaidImage Credit: Supplied Abdullah Al... read more

Dh10b mixed-use Abu Dhabi development near Dubai border launched

2018-04-29 11:04:38

Maisonette prices start from Dh290k ($78k) at Al Ghadeer development; master developer Aldar to start selling units from Tuesday at Cityscape Abu Dhabi Al Ghadeer project is one of the key... read more

Revealed: Dubai communities with the happiest residents

2018-04-29 10:59:07

People surrounded with lots of greenery appear to be the happiest It looks like people's happiness levels are associated with the type of community they live in.Image Credit: Getty... read more

Exempt us from paid parking, say Al Khail Gate residents

2018-04-29 10:57:22

Tenants seek one free parking slot per flat to tide over looming crisis of paid parking Image Credit: Sajila Saseendran/Gulf News Al Khail Gate parking   Sajila Saseendran, Senior... read more

Dubai’s Al Khail Gate community to become paid parking zone

2018-04-29 10:55:30

Management enters into paid parking partnership with RTA for ‘optimal parking facilities’ for tenants   When contacted, the management confirmed to Gulf News that it has entered... read more

Former Deyaar chief Shahin’s 15-year jail term over Dh56m land deal upheld

2017-06-13 08:12:20

Salam Al Amir DUBAI // Former Deyaar chief executive Zack Shahin and three others will have to see out their 15-year jail terms for theft and fraud involving more than Dh56 million. The four were... read more

Float still on the cards, says ASGC chief executive

2017-06-13 08:15:46

Michael Fahy read more

UAE a leader in sustainable buildings, says Core Savills

2017-06-13 07:54:32

Michael Fahy read more

Eagle Hills to build new hotel and gated community in Fujairah

2017-06-13 07:58:30

Michael Fahy read more

Former Drake & Scull vice-chairman sells stake at Dubai contractor

2017-06-13 08:08:09

Michael Fahy The former Drake & Scull vice-chairman Khaldoun Tabari has sold his stake in the contractor Drake & Scull to the company pledging to put Dh500 million of new money into the... read more

Viceroy Dubai developer to launch Dh2.1 billion hospitality Reit

2017-06-13 08:10:37

Michael Fahy The developer behind two Viceroy hotels in Dubai has said that it is launching a Dh2.1 billion real estate investment trust (Reit). Five Holdings, the company previously known as Skai... read more

Inflation in construction likely to grow as capacity shortages bite

2017-06-13 07:37:22

Michael Fahy read more

Surprise UK election outcome to create brief window of opportunity for property investors

2017-06-13 07:45:41

Lucy Barnard read more

Big is beautiful with this Dh22.5 million Dubai Marina penthouse

2017-06-13 07:32:25

Lucy Barnard The Dubai property broker Luxhabitat argues that the steep price tag still offers value for money for those rich enough to buy it. Courtesy Luxhabitat   read more

Emaar Properties plans IPO for UAE real estate development business

2017-06-07 09:03:04

Lucy Barnard read more

Sizeable Saudi Arabian market a big draw for newly appointed Dar Al Arkan chief executive

2017-06-07 05:41:35

Michael Fahy The size of the Saudi Arabian market and the desire for bricks and mortar investments were the two things that drove former Damac MD Ziad El Chaar towards his new role leading Dar Al... read more

Regional sovereign wealth funds look to invest in real estate for liquidity

2017-06-07 06:22:02

Michael Fahy Middle Eastern sovereign wealth funds are targeting real estate investments to generate yields in the low interest-rate environment and own a liquid asset as withdrawals continue,... read more

Arabtec wins Dh1.46bn contract to build tower in Dubai

2017-05-25 09:01:44

Michael Fahy read more

Parking is prime in Hong Kong property market

2017-05-25 08:54:54

* Reuters   \ read more

Damac Properties managing director Ziad El Chaar resigns

2017-05-25 08:58:19

Mahmoud Kassem read more

New Dubai Creek Harbour project fly through revealed by Emaar – video

2017-05-21 11:34:37

The six-square-kilometre Dubai Creek Harbour development is near Ras Al Khor National Wildlife Sanctuary and a 10-minute drive from Dubai International Airport. When completed it will be twice the... read more

Evicted tenant is refusing to vacate Dubai property

2017-05-21 11:23:55

Mario Volpi read more

Evicted tenant is refusing to vacate Dubai property

2017-05-23 05:43:11

Mario Volpi read more

Think outside the glass box when building in the UAE, says architect

2017-05-25 08:49:27

Michael Fahy read more

Provision for money owed weighs on Drake & Scull International first quarter

2017-05-17 11:43:44

Michael Fahy Contractor Drake & Scull International (DSI) posted a loss of Dh722.5 million in the first quarter as it made provisions against contract sums owed from customers. The company wrote... read more

Aldar Academies set to manage Adnoc schools

2017-05-21 11:11:18

John Everington read more

Eshraq Properties reports smaller loss for quarter

2017-05-15 13:00:05

The National staff Eshraq Properties on Monday said its first-quarter comprehensive loss narrowed year on year as revenue rose. The developer which last month teamed up with Mubadala Development... read more

London luxury living in a right royal residence

2017-05-16 07:15:10

Chris Nelson The Buckingham Gate development is close to two major London parks . Courtesy Beauchamp Estates   Buckingham Gate buyers will benefit from interiors fit for a king. Or queen.... read more

Damac positive amid tough market

2017-05-16 07:21:53

John Everington read more

UAE space centre takes its ‘Passive House’ for hot countries to Vienna showcase

2017-05-15 07:07:29

hris Nelson MBRSC has showcased the first sustainable autonomous house for hot and humid climate at The International Passive House Conference in Vienna. Courtesy MBRSC   The Sustainable... read more

‘Geographic diversity’ and new contracts drive Depa Q1 profit

2017-05-15 07:33:51

Sananda Sahoo read more

Emaar residential launches lift profit amid ‘positive economy’

2017-05-15 07:36:53

LeAnne Graves read more

Marsa Al Arab project near Burj Al Arab to feature two new luxury islands

2017-05-15 07:41:14

Sananda Sahoo Marsa Al Arab is to be built near the Burj Al Arab by Jumeirah Beach, adding two artificial islands and displace a water park. Courtesy Dubai Holding.   Dubai Holding on Sunday... read more

A chance for Indian banks to move on

2017-05-14 09:24:16

Rebecca Bundhun Aditya Berlia, an executive board member of the Apeejay Stya and Svran Group, a family-run industrial and investment house in New Delhi, talks about bad debt and distressed assets in... read more

India Inc to shore up its finances

2017-05-14 09:27:46

Rebecca Bundhun read more

Nakheel awards Dh1.5bn contract for The Palm Gateway development

2017-05-14 09:31:28

Sananda Sahoo read more

Arabtec appointment of Appleby wraps up key management roles

2017-05-13 08:45:23

The National staff Arabtec Holding has appointed Gavin Appleby, the former Middle East managing director of OCS group, as managing director of the company’s mechanical, electrical and plumbing... read more

Dubai company still liable for tenancy contract in its name

2017-05-13 08:49:04

Mario Volpi read more

Land and property sales keep Aldar profit ahead of forecast

2017-05-13 08:42:59

Lucy Barnard read more

Emirates Reit reports lower first-quarter profit

2017-05-10 09:48:43

Lucy Barnard Net profit at Emirates Reit, the UAE’s first listed real estate investment trust, fell by 36.3 per cent in the first three months of this year compared with a year ago because of a... read more

Top-quality Dubai office rents to rise

2017-05-10 09:50:58

Lucy Barnard read more

Zaha Hadid’s first Dubai project The Opus is ahead of the curve

2017-05-13 08:26:50

Nick Leech Interior work on the residential complex and hotel continues, but the dramatic addition to the Dubai skyline will not be fully unveiled until the end of next summer. Pawan Singh / The... read more

New chief executive for Arabtec Construction appointed

2017-05-07 13:30:25

The National staff Arabtec Holding has appointed Boyd Merrett as chief executive of Arabtec Construction. He joins Arabtec from CIMIC Group, where he was the general manager for Leighton Asia in Hong... read more

Aldar awards main contract for Yas Acres development to Trojan

2017-05-10 09:41:43

Lucy Barnard read more

Drake & Scull shares slump as shareholders vote to increase capital reduction

2017-05-10 09:46:12

Lucy Barnard read more

Rera legislation in India a leveller of playing field

2017-05-07 11:32:13

Rebecca Bundhun Aaron Solomon, a partner at Solomon & Co, a law firm in Mumbai, talks about the implications of Rera in India for UAE developers. What might Rera mean for UAE investors in... read more

India’s real estate law faces resistance

2017-05-07 11:35:31

Rebecca Bundhun   read more

The Dh80m country house estate near London comes with a rich history

2017-05-07 11:18:42

Michael Fahy Dunsborough Park has all the hallmarks of a proper English country estate. Courtesy Savills   read more

Hill International chief executive departs

2017-05-07 11:22:05

Michael Fahy David Richter, the chief executive of Hill International, is to leave the firm with immediate effect. Mr Richter is set to be replaced as interim chief executive by Paul Evans. Mr Evans... read more

Arabtec’s wait for quarterly profit ends

2017-05-07 11:26:38

Lucy Barnard   read more

Weak demand and increasing supply hurt prospects for Abu Dhabi property

2017-05-07 10:44:46

Michael Fahy read more

Dubai tenant told to pay bills, rent for two apartments at the same time

2017-05-07 10:58:24

Mario Volpi read more

Arabtec plans to get rights issue sorted this month

2017-05-03 08:23:05

Michael Fahy The contractor Arabtec has said that it is planning to tie up its rights issue – the first step of its capital reorganisation programme to clean up its balance sheet – by the... read more

Luxury London property a growing headache for foreign investors

2017-05-03 08:26:48

Chris Nelson read more

Cheap digs for global billionaires in Dubai

2017-05-03 08:32:29

Lucy Barnard read more

Development projects to bring homes and jobs to outskirts of Abu Dhabi

2017-05-03 08:46:01

Anwar Ahmad read more

Dubai tenant finds new villa uninhabitable and wants landlord to change contract

2017-03-08 07:09:47

Mario Volpi read more

Bangkok ‘Ghost Tower’ remains a chilling reminder for Thais

2017-03-08 07:24:08

* AP The roof of the Sathorn Unique building, known as the 'Ghost Tower' in Bangkok, Thailand. The 49-storey high-rise is abandoned and unfinished. Sakchai Lalit / AP   The shell of the Ghost... read more

Dubai a magnet for the world’s wealthy, says Knight Frank

2017-03-08 07:28:29

Michael Fahy read more

UK builder Carillion muted on prospects for Gulf construction

2017-03-08 07:38:47

Michael Fahy The UK-based construction company Carillion has said that it expects the pace of new contract awards in the Middle East to remain slow this year amid a low oil price environment. The... read more

UAE millennial homeowners lower than global average

2017-03-08 07:42:33

Lucy Barnard The proportion of UAE Millennials owning their own homes came in roughly in line with the proportion of homeowners in the general population. Clint McLean for The National A quarter of... read more

Schon transfers half of Dubai Lagoon project to Xanadu to expedite completion

2017-03-01 06:07:50

Lucy Barnard Schon Properties, the developer behind the stalled Dh7 billion Dubai Lagoon project in Dubai Investments Park, has agreed to transfer half of the beleaguered mega-project to another... read more

Dar Group retains WorleyParsons stake after takeover approach is rebuffed

2017-03-01 06:07:34

Michael Fahy Dubai-based engineering consultancy Dar Group has become a substantial shareholder in WorleyParsons despite an earlier bid to take over its Australian rival being knocked... read more

UAE-based investors save millions as demand for London property surges

2017-02-27 11:01:36

hris Nelson read more

Emirates Reit reports lower profit as value of portfolio matures

2017-02-28 07:31:25

Michael Fahy read more

Bloom and Foundation sign joint venture deal to build staff accommodation

2017-02-28 13:04:50

Lucy Barnard The Bloom chief executive Sameh Muhtadi said the concept is very similar to the way in which Aldar will build staff accommodation for Etihad cabin crew. Christopher Pike / The... read more

London house market returns to tempt international buyers

2017-02-28 13:08:48

Lucy Barnard read more

GCC leads the way in smart approach to development

2017-02-28 13:12:45

Richard Smith In a recent white paper titled "Innovations and Disruptions in Building Energy Efficiency in the GCC", Frost & Sullivan highlights a number of technologies and services that it says... read more

Green buildings grow in appeal

2017-02-28 13:17:07

Richard Smith Electronics and advanced ceramics manufacturer Kyocera uses morning glory at its plant in Okaya, above, as well as passion fruit, below, in Kirishima, in green curtains. Courtesy... read more

UAE-based investors save millions as demand for London property surges

2017-02-28 13:20:18

Chris Nelson read more

Aldar mid-market focus signals coming surge in Abu Dhabi property

2017-02-27 06:15:10

Lucy Barnard read more

Dubai company ready to 3D print your house, says 19-year-old founder

2017-02-27 06:18:55

Michael Fahy read more

Frank Kane’s working lunch: Ziad Makhzoumi one of most compelling men on Gulf’s financial scene

2017-02-26 12:13:25

Frank Kane read more

Al Gergawi to leave Dubai Holding post

2017-02-26 12:16:47

Michael Fahy read more

Chief executive of Arabtec’s construction unit to step down

2017-02-26 11:40:02

Michael Fahy Raja Ghanma, the chief executive of Arabtec Construction, is to step down from the company. Mr Ghanma, who has been with the company for 23 years, is to leave the company by the end of... read more

The Dh114m Central London penthouse with a view to a thrill

2017-02-26 11:43:34

Michael Fahy read more

Investors in stalled Abu Dhabi project refuse ‘half of money back offer’

2017-02-26 12:07:18

Anwar Ahmad read more

Dubai tenant must compromise to reconnect air conditioning that has been switched off for non-payment

2017-02-23 08:39:52

Mario Volpi read more

Arabtec gains regulatory approval for capital restructuring plan

2017-02-23 08:43:45

Michael Fahy Arabtec Holding’s chairman, Mohamed Al Rumaithi, has said that its proposed recapitalisation programme "will provide the foundation for building a successful and sustainable future... read more

Dubai’s Emaar opens property showcase in London’s Harrods store

2017-02-23 08:47:53

Emma E Forrest read more

Mario Volpi: Dubai tenant must compromise to reconnect air conditioning that has been switched off for non-payment

2017-02-26 11:12:16

Mario Volpi read more

Balfour Beatty sells Middle East operations to Dubai-based joint venture partner

2017-02-23 08:31:28

Michael Fahy The UK-based contractor Balfour Beatty is to substantially exit from the Middle East after selling its stake in a couple of long-held joint ventures for £11 million (Dh50.2m) in... read more

Dubai issues new rules for brokers marketing overseas properties in the emirate

2017-02-23 08:36:22

Michael Fahy Dubai Land Department (DLD) has issued a new set of rules governing how brokers can sell overseas properties in the emirate in a bid to prevent potential investors from being ripped... read more

Dubai in line for world’s first rotating skyscraper

2017-02-23 08:10:37

Ian Oxborrow The apartments would be able to rotate individually. Courtesy Dynamic Architecture   Dubai is full of jaw-dropping views from its myriad of skyscrapers, but for those who demand a... read more

Cheaper housing in Dubai suppresses Sharjah and Ajman rents

2017-02-23 08:17:30

Michael Fahy read more

Jumeirah Central is a ‘catalyst for a new industry’, says COO

2017-02-23 08:22:32

Michael Fahy Morgan Parker, the chief operating officer of Jumeirah Central, left, gives a talk on the Jumeirah Central development. Kamran Jebreili / AP Photo   Morgan Parker, the chief... read more

Bechtel lands contract to run key Saudi projects body

2017-02-23 08:25:16

Michael Fahy The US construction company Bechtel has been awarded a contract to help set up and operate Saudi Arabia’s National Project Management Organisation (NPMO). The NPMO, known as... read more

Jumeirah Central to be showcased in Cannes

2017-02-23 08:28:24

Michael Fahy Dubai Holding is to present the first seven projects to be brought forward at its Dh73.5 billion Jumeirah Central project at its international launch event at the Mipim global real... read more

Strong dollar weakens short-term demand for Dubai property

2017-02-23 08:01:20

Michael Fahy read more

Nakheel chief hopes to attract partners for two more Deira Islands resorts this year

2017-02-23 08:06:07

Michael Fahy read more

Housing costs continue to fall in Dubai, according to S&P

2017-02-16 11:30:09

Lucy Barnard read more

Nakheel begins work on Ibn Battuta mall expansion

2017-02-16 11:16:57

Lucy Barnard Nakheel has started construction work on its latest planned Dh850 million expansion at its Ibn Battuta shopping mall complex in Dubai. The Dubai Government-owned developer said that... read more

Dubai Land Department to introduce standard property lease form

2017-02-16 11:20:53

Lucy Barnard read more

Property broker Asteco expects Abu Dhabi rents to fall

2017-02-16 11:27:13

Lucy Barnard read more

Damac Properties’ fourth-quarter net profit rises 1.3%

2017-02-16 10:46:25

* Reuters   read more

Arkan Building Materials annual profit declines 25%

2017-02-16 10:53:20

LeAnne Graves Abu Dhabi-based Arkan Building Materials reported a 25 per cent drop in full-year profit as market pressure on prices also drove down revenues. Net profit fell to Dh75.7 million... read more

Manazel Real Estate profit rises 16% in second half

2017-02-16 10:55:28

John Everington Manazel Real Estate reported a 16 per cent rise in profit during the second half of 2016, following a company-wide restructuring exercise and high take-up of its Al Reef 2... read more

Emaar Properties says fourth-quarter net profit up 56%

2017-02-16 10:58:06

* Reuters read more

Contractor Drake & Scull to raise capital after loss

2017-02-16 11:01:59

Lucy Barnard read more

Aldar to focus on mid-market this year

2017-02-16 11:09:48

Lucy Barnard read more

Signs of momentum for Dubai property sector

2017-02-16 11:13:30

Lucy Barnard read more

London’s Trafalgar Square now an admirable luxury property hotspot

2017-02-13 14:01:37

Chris Nelson Tourists in Trafalgar Square, London. The area is now home to new luxury apartments at less than neighbouring high-end boroughs. John Stillwell / PA   Famed for its statue of Lord... read more

Falling Dubai housing rents to come under further pressure this year

2017-02-13 14:06:58

Lucy Barnard read more

Arabtec in Dh1.5bn rights issue as full year losses widen amid weak construction market in Gulf

2017-02-13 14:10:03

Lucy Barnard read more

Abu Dhabi’s residential rents to continue to decline in 2017

2017-02-13 13:58:18

Lucy Barnard read more

Abu Dhabi’s foresight pays off in London as Mayfair squares return to glory

2017-02-13 13:51:05

Chris Nelson   Mayfair is home to high-end stores as well as Grosvenor Square and Hanover Square. Both squares are being redeveloped into luxury residences. Oli Scarff / Getty   Abu... read more

Union Properties profit fell by half in 2016

2017-02-13 13:55:33

Michael Fahy Union Properties has announced a 51 per cent decline in full-year profits for 2016 to Dh211.4 million, from Dh434.6m in 2015. The company filed preliminary financial results on the Dubai... read more

Arabtec announces second board meeting of the year

2017-02-13 13:24:20

Lucy Barnard read more

House prices tumble in London’s most expensive neighbourhoods

2017-02-13 13:27:23

* Bloomberg   read more

Property resale registration fees illegal in Abu Dhabi

2017-02-13 13:32:04

Mario Volpi read more

First phase of aerospace facility completed at Dubai South

2017-02-13 13:35:06

Dania Saadi read more

Manazel plans major tourism project in Ghantoot

2017-02-13 13:45:54

Lucy Barnard read more

UK house prices drop for first time since Brexit

2017-02-08 12:20:58

Reuters   read more

China State Construction unit aiming for summer 2018 finish at Viceroy Dubai site hit by fire

2017-02-13 13:15:38

Michael Fahy read more

China State Construction confident that funding deals will secure more Middle East work

2017-02-13 13:20:00

Michael Fahy read more

Emaar to receive Dh1.22 billion insurance claim on Address Downtown hotel fire

2017-02-08 12:15:36

Lucy Barnard read more

Al Shafar to double footprint of steel production site at Dubai Industrial Park

2017-02-08 12:18:39

Michael Fahy Dubai-based Al Shafar Group of Companies (ASGC) is to invest Dh175 million into an expansion of its steel fabrication plant at Dubai Industrial Park. Al Shafar Steel Engineering (also... read more

Late payments to UAE firms doubled last year, says credit insurer Coface

2017-02-07 10:02:56

Andrew Scott read more

UAE’s first residential Reit launched

2017-02-07 13:54:34

Lucy Barnard read more

Construction work to start at Dubai Properties’ 1/JBR tower

2017-02-08 12:11:51

Michael Fahy Above, an artist rendering of the 1/JBR project, a 46-storey tower that has a development value exceeding Dh1 billion. Courtesy Dubai Properties   An artist rendering of the... read more

India’s property sector gains in Jaitley budget

2017-02-05 10:14:36

Rebecca Bundhun read more

India government moves to boost affordable housing

2017-02-05 10:20:23

Rebecca Bundhun read more

Al Maryah Central mall developer seeks tower funds

2017-02-05 10:24:16

Lucy Barnard read more

Sawiris raw as deal for Greek islands for refugees falls flat

2017-02-05 09:57:08

Lucy Barnard read more

Dubai property headed for an upturn, forecasts Knight Frank

2017-02-05 10:04:24

Lucy Barnard Knight Frank has become the latest broker to call the bottom of the Dubai market, saying that it expects house prices and rents in the city to start to increase from mid-2017 onwards. In... read more

Get in early on this Dh871m resort in Cyprus

2017-02-05 10:09:28

Lucy Barnard read more

Property handovers and retail expansion drive Nakheel to record figures

2017-02-02 11:38:23

Lucy Barnard Property handovers in areas such as the Palm Jumeirah helped Nakheel raise its profit last quarter. Satish Kumar / The National   Nakheel, the company that built Palm Jumeirah,... read more

Rents and house prices continue downward trend in Abu Dhabi

2017-02-02 11:41:29

Lucy Barnard read more

Dubai tenant wants lower rent on apartment facing construction, but landlord wants to raise it

2017-02-01 11:03:35

Mario Volpi Dubai Marina. Reem Mohammed / The National   We are currently renting a two-bedroom apartment in Dubai Marina for Dh180,000 a year. The rental agreement ends on March 28 and... read more

Demand for industrial property in Dubai weakens

2017-02-01 10:42:22

Michael Fahy read more

Rules hold back development of co-working space in Dubai

2017-02-01 10:48:02

Michael Fahy Dubai’s government and free zone authorities may need to change some of their current rules if they are to embrace technological trends shaping office development, according to... read more

Emaar Malls quarterly profit edges higher

2017-02-01 10:54:49

Michael Fahy read more

Dubai’s Expo 2020 committee to award Dh11bn of construction work this year

2017-01-30 10:55:34

Michael Fahy Above, an artist rendition of the Dubai Expo 2020 venue. Courtesy Expo 2020   read more

Abu Dhabi developer Bloom Holding considers IPO to finance projects

2017-01-31 06:52:47

Lucy Barnard read more

London property remains in demand even as bankers head for exit

2017-01-29 11:03:12

Michael Fahy read more

Under-fire Facebook CEO Mark Zuckerberg stops attempt to force Hawaii land sale

2017-01-29 12:06:49

Alex Dobuzinskis read more

CBRE seeks Middle East buyer for prime London shopping centre

2017-01-30 07:08:46

Michael Fahy read more

Dubai mortgage market doubles in size over seven-year period

2017-01-30 07:23:38

Michael Fahy read more

Disabled code for Dubai buildings on track

2017-01-29 07:49:51

Michael Fahy read more

The $70 million New York penthouse for those with a cosmopolitan world view

2017-01-26 10:42:55

Michael Fahy The penthouse went on sale in 2015 and the fit-out was completed last year. It has an asking price of $70 million. Courtesy Hayes Davidson and James Euwing   The 50 United... read more

HLG lands Dh401m contract to build Al Garhoud Towers

2017-01-25 12:06:53

Michael Fahy Dubai-based HLG Contracting has landed a Dh401 million contract to build a trio of linked towers near Dubai airport. The contract was awarded by Hasabi Real Estate for the Al Garhoud... read more

Dubai developer Deyaar’s profit falls in 2016 in face of ‘challenging’ market

2017-01-25 12:09:05

Lucy Barnard read more

Dubai renter unsure whether to write cheque to agency or landlord

2017-01-25 12:14:13

Mario Volpi read more

‘Floating homes’ to be built in phase one of Marasi Business Bay on Dubai Canal

2017-01-26 10:32:25

Michael Fahy Above, an artist rendition of the 'floating homes' at Marasi Business Bay development in Dubai. Courtesy Admares   Admares will build 10 'floating' water homes, two restaurants... read more

Arabtec adopts new risk management plan

2017-01-24 10:07:58

Lucy Barnard read more

High life in one of the Palm Jumeirah’s tallest towers – in pictures

2017-01-24 10:18:28

Kerzner International is launching sales of apartments at its Royal Atlantis Resorts and Residences on the Palm as it banks on an upturn in Dubai’s real estate investor sentiment. See what it... read more

CH2M Hill says latest restructure will cost up to $70 million

2017-01-25 07:38:43

Michael Fahy US-based construction management company CH2M Hill says its second major restructuring plan in two years will lead to it incurring costs of up to US$70 million. In delayed filings... read more

Dubai property prices have further to fall, Phidar report says

2017-01-25 08:32:45

Lucy Barnard read more

Arabtec shares suspended from trading on DFM ahead of Q4 results announcement

2017-01-23 09:59:05

The National staff read more

Dubai’s ‘muted’ office market leads to rental declines

2017-01-23 10:05:11

Michael Fahy read more

Eshraq focuses on Abu Dhabi and Dubai projects as construction starts

2017-01-24 05:27:20

Lucy Barnard A model of Marina Rise project by Eshraq at Cityscape Abu Dhabi 2013. The company is aiming to start work on the development in April this year after a long delay. Ravindranath K / The... read more

Kerzner to launch apartment sales at Royal Atlantis on the Palm

2017-01-24 05:31:31

Sananda Sahoo read more

Deyaar set to develop mixed-used project in Dubai South

2017-01-22 12:42:06

Michael Fahy Developer Deyaar has signed an agreement with Dubai South on a new 1.27 million square feet project within the district’s residential zone. A memorandum of understanding has been... read more

Dubai and Abu Dhabi named as favoured locations by world’s wealthiest homebuyers

2017-01-22 12:44:59

Michael Fahy read more

UAE to reclaim crown from Saudi Arabia as biggest construction market in region

2017-01-22 05:39:54

Michael Fahy read more

Buy this €5m Algarve villa and get Portuguese residency

2017-01-21 09:16:14

Andrew Scott read more

Dubai tenant wants to know whether to take a lease buyout package

2017-01-21 07:53:40

Mario Volpi read more

Sobha launches ‘quad homes’ at $4 billion Hartland project in Dubai

2017-01-21 09:07:23

Michael Fahy read more

Nakheel to add 105km of cycling tracks in its Dubai communities

2017-01-21 09:11:46

Michael Fahy The map of Nakheel's master plan for cycling paths. This will join up with the existing paths in Dubai. Courtesy Nakheel.   Jumeirah Islands cycle path // Dubai, 18 January 2017... read more

Dubai housing market close to the bottom, but Abu Dhabi has further to fall, says expert

2017-01-09 09:57:49

Michael Fahy read more

Buying off plan property in the UAE – what you need to know

2017-01-09 08:10:05

Lukman Hajje read more

UK rise in inherited wealth likely to widen inequality gap

2017-01-05 11:34:35

* Bloomberg   read more

The Dh84m traditional London home with an oligarch’s upgrade

2017-01-09 07:52:24

Michael Fahy Tower House in St John’s Wood in London was one of five homes on Carlton Hill built as test cases for new architectural designs in what became known as the Battle of the Styles... read more

Dubai solar: The low-down on how solar panels will affect your home’s value

2017-01-09 07:57:42

Michael Fahy read more

Dubai tenant wary about paying landlord’s supposed power of attorney

2017-01-04 13:38:55

Mario Volpi read more

Dubai World Trade Centre awards construction contract to Al Futtaim Carillion

2017-01-04 13:42:37

Michael Fahy Dubai World Trade Centre has awarded a £160 million (Dh721.4m) construction contract to build a new phase of its One Central mixed-use development to Al Futtaim Carillion. Phase... read more

Dip in UAE interbank rate could ease mortgage payments

2017-01-05 11:28:36

Mahmoud Kassem read more

Dubai Harbour scheme wins plaudits for ‘joined-up thinking’

2017-01-04 13:30:49

Michael Fahy An artist’s impression of the Dubai Lighthouse. Courtesy Dubai Government Media Office   The new Dubai Harbour project has been hailed by experts as a way for Dubai to make... read more

Abu Dhabi introduces three per cent municipality charge on households

2017-01-04 13:35:19

Michael Fahy read more

Qatari construction firm IHG to raise more than Dh500m through IPO

2017-01-03 07:56:03

Michael Fahy Qatar’s Investment Holding Group (IHG) plans to float on the country’s stock exchange, representing one of the first attempts by a family-owned firm to list on the... read more

Dubai Harbour: Sheikh Mohammed unveils major new project with Middle East’s biggest marina

2017-01-04 13:25:05

Michael Fahy A Rendering of Dubai Harbour, which is to be nestled between the Palm Jumeirah and Jumeirah Beach Residences. Wam   An artist’s impression of the Dubai Lighthouse in the... read more

India banknote demonetisation to hit home sales

2017-01-09 08:14:24

Rebecca Bundhun Indians line up outside the Reserve Bank of India to deposit the old rupee notes. The Modi government in November scrapped 500 and 1,000 rupee notes in an effort to crack down on... read more

Affordable homes lift UAE economy, survey says

2017-01-09 08:13:41

Michael Fahy Asma Dakkak, the research manager at JLL Mena, said that the shortage of affordable housing poses a problem from 'both a social and economic perspective'. Delores Johnson / The... read more

UK house prices beat forecasts but sharp slowdown expected next year

2017-01-09 08:15:35

* Reuters   Traditional terraced properties with the Canary Wharf skyline behind in Greenwich in London. UK property prices have bettered forecasts but a slowdown is predicted. Matthew Lloyd /... read more

The Dh3.75m loft apartment sitting at the top of the Bay

2017-01-09 08:15:07

Michael Fahy The loft is on the 50th floor of Executive Towers. Courtesy Luxhabitat   The loft is on the 50th floor of Executive Towers. Courtesy Luxhabitat   The loft living concept... read more

Dubai house prices are flatlining, says ReidIn

2017-01-09 08:14:45

Michael Fahy Dubai’s residential property market has shown signs that declining values may be coming to an end. Anna Nielsen for The National   Dubai’s residential property market... read more

Meydan raises Dh1 billion to get projects moving ahead of Expo 2020

2017-01-09 08:16:37

Michael Fahy Meydan’s Dubai Water Canal project will have an estimated value of between Dh30bn to 35bn. Reem Mohammed / The National   The Dubai-based developer Meydan has raised Dh1... read more

Mario Volpi: Jobless Dubai tenant cannot renew lease until he finds employment

2017-01-09 08:15:56

Mario Volpi Apartment buildings on Sheikh Zayed Road in Jumeirah Lakes Towers. It is not legal for tenants to lease homes on visit visas in Dubai. Antonie Robertson / The National   I would... read more

Mario Volpi: Jobless Dubai tenant cannot renew lease until he finds employment

2017-01-09 08:16:16

Mario Volpi Apartment buildings on Sheikh Zayed Road in Jumeirah Lakes Towers. It is not legal for tenants to lease homes on visit visas in Dubai. Antonie Robertson / The National   I would... read more

Year in review: Contractors felt the pinch as Saudi Arabia prioritised spending

2016-12-28 10:27:29

Michael Fahy read more

Abu Dhabi landlords weigh options of reintroduced rent cap

2016-12-28 10:30:09

Lucy Barnard read more

Year in review: UAE’s hot property cools for a year

2017-01-09 08:17:04

Lucy Barnard Prime areas are edging lower but average sale prices in areas such as Dubai Silicon Oasis and Dubai Sports City have risen by up to 5 per cent this year. Satish Kumar / The... read more

Saudi Arabia needs to move ahead with project management offices to unclog pipeline

2016-12-28 10:09:53

Michael Fahy read more

Aldar’s Shams Meera project on Reem Island – video

2016-12-28 10:04:31

    Construction activities at Shams Meera are progressing on schedule, according to its developer Aldar. The project was launched in June 2015 and over 90 per cent of the units, with... read more

Dh23m Palm Jumeirah villa is still a hard sell

2016-12-28 09:34:59

Lucy Barnard From the villa’s private beach, you can gaze out over the Marina skyline and the Burj Al Arab. Courtesy LuxHabitat   The villa’s location opposite one of the bridges... read more

Adia sells off a slew of hotels in Australia

2016-12-28 09:57:26

Sananda Sahoo read more

How can UAE landlord resolve an appliance dispute with her tenant?

2016-12-26 11:35:31

Mario Volpi read more

Racing themed-park revived by developer Union Properties

2016-12-26 12:18:08

Lucy Barnard   Dubai’s Union Properties (UP) has revived plans to build a motor racing theme park in Dubailand. In a statement to the Dubai bourse, UP said that pre-feasibility studies... read more

Emaar Properties to build hotel on RAK’s Marjan Island

2016-12-26 12:25:10

Lucy Barnard   Emaar Properties has announced plans to build its first major hotel project in Ras Al Khaimah as part of the emirate’s ambitious tourism plans. Dubai’s largest listed... read more

Saudi housing ministry plans centre to resolve housing disputes

2016-12-21 05:51:21

Lucy Barnard read more

New supply to lower Dubai suburban rents in 2017

2016-12-20 11:13:44

Lucy Barnard read more

UDC to build two towers on Pearl-Qatar

2016-12-20 11:15:16

Lucy Barnard read more

Revenue rises at Nakheel’s Ibn Battuta Mall in Dubai

2016-12-20 11:10:53

Andrew Scott read more

Pedestrianisation of Palm Jumeirah to start next year

2016-12-20 11:12:04

Andrew Scott read more

Mortgage costs will rise, but not immediately

2016-12-17 09:32:53

Lucy Barnard   Mortgage costs in the UAE will increase after the US Fed’s rate rise and are forecast for further rises next year. But that is unlikley to deter a recovery next year in... read more

Infrastructure work paves way for Dh3bn Mirdif Hills project

2016-12-17 09:37:48

Michael Fahy   read more

Kerzner to build Atlantis hotel in Hawaii

2016-12-17 06:47:19

Sananda Sahoo read more

Damac awards contracts worth Dh1.26bn in last four months

2016-12-15 07:55:50

Lucy Barnard Dubai developer Damac awarded 15 construction and consultancy contracts worth Dh1.26 billion in the four months between August and November, the company said on Tuesday. Damac said this... read more

Abu Dhabi reinstates 5% rent cap

2016-12-15 07:56:49

Lucy Barnard   read more

Abu Dhabi developer completes ‘phase three’ of Bloom Gardens project near Khalifa Park

2016-12-15 07:54:44

Lucy Barnard   read more

India’s cash games may hit Dubai property sales

2016-12-15 07:53:41

Rebecca Bundhun   read more

The Dh146m Emirates Hills family home for the elite

2016-12-09 12:10:22

read more

Drake & Scull appoints PwC to review financial liabilities

2016-12-09 12:12:30

read more

What can Dubai landlord do if tenant does not vacate apartment that is up for sale?

2016-12-09 11:57:42

read more

Heart of Europe development at The World Islands off Dubai coast takes major step forward

2016-12-09 12:00:27

Above, a rendering of the six-island Heart of Europe development in The World Islands off the Dubai coast. Courtesy Kleindienst Group   Above, the interior of the Dh12 million Signature... read more

Emaar’s Alabbar says Dubai property market to see ‘rebalancing’ next year

2016-12-09 12:02:07

Dubai’s real estate market will see a "rebalancing" between supply and demand into next year, according to the head of the emirate’s largest developer. The company expects growth next... read more

Aldar Properties opens West Yas villa sales to expats

2016-12-09 12:04:06

read more

Qatar to spend $13 billion on megaprojects in 2017

2016-12-09 11:53:26

read more

Adnoc awards Hill International Dh57m facilities management deal

2016-12-09 11:55:21

Michael Fahy   Abu Dhabi National Oil Co (Adnoc) has awarded a Dh57 million facilities management contract to project manager Hill International. Under the three-year deal for Adnoc’s... read more

Adnoc awards Hill International Dh57m facilities management deal

2016-12-09 11:55:25

Michael Fahy   Abu Dhabi National Oil Co (Adnoc) has awarded a Dh57 million facilities management contract to project manager Hill International. Under the three-year deal for Adnoc’s... read more

Abu Dhabi’s Marina Mall to undergo Dh3 billion extension

2016-12-09 11:51:27

National Investment Company said that work will start on the Dh3 billion extension in the first quarter of next year. Courtesy Marina Mall   Michael Fahy   Abu Dhabi’s... read more

Time to get optimistic over Dubai realty

2016-11-16 13:46:38

Emaar’s third-quarter numbers hold out promise for even better off-plan sales By Sameer Lakhani, Special to Gulf News     Emaar’s latest results continue to show a healthy... read more

Abu Dhabi's landlords face intense pressure

2016-11-16 13:48:50

Rents for high-end homes are taking direct hits as tenants opt for affordable Staff Report     Dubai:  Pressure is mounting on Abu Dhabi's landlords to scale back on their rental... read more

Overseas arm of Lebanon’s Solidere readies for second act

2016-11-16 13:50:58

It is scouting for new projects to take on in the region, including Dubai and Abu Dhabi Image Credit: Supplied The Golf Villas at Al Zorah in Ajman By Manoj Nair, Associate... read more

Dubai Land Department makes it official with new awards

2016-11-16 13:53:41

Institutes a process to identify the best projects and businesses in the Gulf By Manoj Nair, Associate Editor     Dubai The best real estate projects — luxury as well as... read more

Growing pressure on Abu Dhabi landlords to lower rents

2016-11-17 12:50:47

Economic uncertainty causing tenants to look for cheaper homes Sarah Diaa, Staff Reporter     Abu Dhabi: Uncertainty in the global economic outlook is putting landlords in Abu Dhabi... read more

Union Properties profit at Dh32m in third quarter

2016-11-16 13:32:29

Figure brings profit in first nine months down to Dh146m Sarah Diaa, Staff Reporter     Abu Dhabi: Union Properties (UPP), the Dubai-listed developer, reported on Wednesday Dh32.3... read more

Hyatt to open four luxury hotel in Pakistan

2016-11-16 13:39:58

Pakistan’s largest private property group Bahria Town signs agreement in Dubai with Hyatt Hotels Corporation to open new properties Hyatt Announces Entry Iinto Pakistan With Plans For... read more

Inflationary pressure a threat for facilities management

2016-11-16 13:19:14

Capping it will remain a constant battle for attrition for service providers By Tariq Chauhan, Special to Gulf News     Globally, inflation rates for services have exceeded those for... read more

In Dubai, industrial realty is running hot

2016-11-16 13:21:47

The massive Dubai Industrial Park is intent on maintaining the hot pace The Park’s premise to investors and tenants is built on that relatively simple formula of being the hub of firImage... read more

Dubai Marina was the top pick in Q3-16

2016-11-16 13:24:25

The highest transaction values were recorded on the Palm and Downtown Staff Report     Dubai: Dubai Marina was the most popular location in terms of property sales in Dubai during the... read more

It’s all in the Trump name

2016-11-16 13:28:40

Dubai realty will have a chance to find out the new value of that branding Manoj Nair, Associate Editor     Dubai: What is a “Trump” branding worth? More so now that he is... read more

Aldar closes with strong Q3 net profit gains

2016-11-16 11:43:02

Revenues are also on solid ground helped by off-plan sales read more

Land prices are firming up again in Dubai

2016-11-16 12:49:54

They need to be quick with acquiring new plots in such a situation, says Danube chief read more

Emaar 9-month net profit rises 19% to Dh3.62b

2016-11-16 12:54:22

Third quarter net up 36% year on year Image Credit: Ahmed Ramzan/Gulf News Archive The Burj Khalifa. The firm says it now has a backlog of Dh47.576 billion to be realised over the next few... read more

Damac 9-months to Sept net profit falls 23%

2016-11-07 10:14:09

Net profit for the reporting period fell to be at Dh2.84 billion Staff Report     Dubai Damac Properties said on Monday its net profit for the nine months to September fell 23 per... read more

Damac’s nine-month net slips 23% to Dh2.84b

2016-11-13 08:08:18

But the developer is hoping to turn it around from the fourth quarter itself Staff Report     Dubai Weighed down by lower revenues during the third quarter, Damac Properties recorded a... read more

Abu Dhabi developers lower a gear on project speeds

2016-11-13 08:43:32

Only limited new supply can be expected through to the year end Staff Report     Dubai Abu Dhabi developers seem to be taking pointer or two from their Dubai counterparts’... read more

RAK Properties’ net profit soars to Dh79.15m

2016-11-15 08:55:37

Increased pace of handovers and new launches propel income gains Staff Report     Dubai: New launches and increased handovers helped RAK Properties pull off a 187.9 per cent increase... read more

How to get lower rent in Dubai

2016-11-06 12:23:35

Analysts suggest looking at other locations where new apartments have opened up Cleofe Maceda, Senior Web Reporter     Dubai: Housing costs, along with utility bills, are one of the... read more

Property will registrations made easier in Dubai

2016-11-06 13:31:12

This follows extension of alliance between Land Department and DIFC Wills Staff Report       Dubai: The process of probating a will featuring property bequests has just got... read more

CBRE: Rental rates in Abu Dhabi down 5% in Q3

2016-11-07 05:32:33

As rents in prime units decline, affordable units are seeing growing demand Sarah Diaa, Staff Reporter     Abu Dhabi: Rental rates in Abu Dhabi’s prime residential units and... read more

Dubai property values inch back into positive zone

2016-11-06 05:32:46

Even high-end locations are feeling the pulse of heightened interest Manoj Nair, Associate Editor     The decline in Dubai’s property values — something that’s been... read more

Germany’s real estate finds comfort in the crowd

2016-11-02 11:48:34

Newfangled funding processes are starting to make their presence felt Reuters     Frankfurt: For Hermann Tecklenburg, head of a family-run construction firm in western Germany, the... read more

The virtual way of searching for a home

2016-11-02 11:50:41

As in other sectors, real estate marketing is getting upended By Mansi Saxena, Special to Gulf News     Imagine you are in the market to buy a house in Dubai Marina. What’s the... read more

Dubai’s coolest destination to work has other plans too

2016-11-02 11:52:47

Dubai Design District will soon be taking decisions on its residential mix By Manoj Nair, Associate Editor     Dubai: Dubai’s coolest location to work could yet be the place to... read more

Rent still rising? Here are the real reasons why

2016-11-02 11:54:49

UAE property analysts explain why there's been mixed feedback between tenants and market reports Cleofe Maceda, Senior Web Reporter     Dubai: Property analysts have been unanimous in... read more

Dubai Investments records all-round gains in Q3-16

2016-11-02 11:43:28

Surge in net profits for third quarter boosted by rental income Staff Report     Dubai: New property releases as well as its sustained demand for spots at its flagship industrial park... read more

Emaar appoints new chief digital officer

2016-11-02 11:45:56

Veresh Sita to drive technology strategy for next growth era Staff Report     Abu Dhabi: Emaar Properties announced the appointment of Veresh Sita as the company’s chief digital... read more

Strong rental income propels Emirates Reit numbers

2016-11-02 11:00:26

In terms of market cap, it is now the world’s largest Sharia-compliant Reit Staff Report    Dubai: Higher rental income from its portfolio is starting to add clout to Emirates... read more

Dubai luxury realty lags in global rankings

2016-11-02 11:36:19

Vancouver is at the top of the hustings while London has taken a dip By Manoj Nair, Associate Editor     Dubai: Dubai has slipped out of the rankings of the best-performing luxury real... read more

Dubai housing rents fall further by 2% in Q3

2016-10-31 14:26:22

One-bed flats post biggest decline, according to latest market data Image Credit: Abdel-Krim Kallouche/Gulf News Archive View of Shaikh Zayed Road in Dubai. Cleofe Maceda, Senior Web... read more

Mortgage deals hold their own in Dubai realty

2016-10-31 14:20:28

In recent months, these have been pushing comfortably past 50% of all apartment sales Manoj Nair, Associate Editor     Dubai: UAE banks are certainly comfortable with what they are... read more

Overnight visitors spend mega bucks in Dubai

2016-10-31 14:17:47

This has swelled the figures for F&B and retail compared with other cities, says Savills By Manoj Nair, Associate Editor     DUBAI: Dubai’s hotel and retail sector expansion... read more

Dubai’s residential market sways to two beats

2016-10-31 09:00:25

But the one being sounded out for mid-market developments is still the slower track By Sameer Lakhani, Special to Gulf News     The challenges first-time homeowners face in Dubai has... read more

Star ratings for Dubai buildings by 2017 end

2016-10-31 10:10:57

The assessments are completed in Deira and under way in Bur Dubai Image Credit: Virendra Saklani/Gulf News (From left) Mahmoud El-Burai, CEO of DREI and representative of Global Compact Network,... read more

A new mall in Dubai, inspired by nature

2016-10-31 14:09:47

The Dh1.1 billion Cityland Mall is scheduled to open in Q2 2018 Cityland Group, creators of the acclaimed Dubai Miracle Garden and Dubai Butterfly Garden, officially announceImage Credit:... read more

Deira properties surveyed as part of new classification

2016-10-31 07:24:51

Work is also underway in Bur Dubai district ahead of a citywide roll-out Staff Report     Dubai: The properties in Deira district and much of Bur Dubai have been resurveyed as part of... read more

Water released in Dubai Canal

2016-10-24 12:48:26

Significant development for Dh2 billion project set to be completed next month Dubai Canal making its way through Business Bay.Image Credit: Pankaj Sharma / Gulf News Water released at... read more

Emirates Post space on lease to private companies

2016-10-24 12:50:54

Emirates Post sees strong demand for spaces in post offices Staff Report     Abu Dhabi: Emirates Post Group (EPG) said it is continuing to lease space in post offices to private... read more

Bahrain’s Mumtalakat to invest in the real estate sector: CEO

2016-10-31 07:17:03

The company plans projects worth $500 million in Bahrain Image Credit: Abdul Rahman/Gulf News From left: Pekka Hietala, Prof. of Finance, Chair, Finance Area, Insead, Mahmood H. Al Kooheji, CEO,... read more

Core operations boost Deyaar’s nine-month net profit

2016-10-24 12:46:46

Records Dh168m built around higher property sales and lower costs Staff Report     Dubai: A sizeable increase in revenues from its core operations helped the developer Deyaar report a... read more

Airbnb’s New York fight moves from legislature to courtroom

2016-10-23 11:18:52

The online service asked a judge to declare the law unconstitutional Bloomberg     New York: Airbnb Inc is fighting to stay alive in the biggest rental market in the US. Hours after... read more

Abu Dhabi’s property market faces intense pressures

2016-10-23 10:39:45

Tightening job market has impacted on home rentals with landlords willing to offer cuts Staff Report     Dubai: Abu Dhabi’s residential supply lines have taken a sharp dip, with... read more

Overseas investors can have it their way in UK realty

2016-10-23 10:40:53

Domestic buyers seem to be hesitating over Brexit concerns By Robert Fraser, Special to Gulf News     Now that the dust has settled after June’s EU referendum; we can take a... read more

Going mid-market need not be a price war

2016-10-23 10:41:49

There are many ways private developers can play in this space, Danube chief says By Manoj Nair, Associate Editor     Dubai: The muscling in of Dubai’s master-developers into the... read more

Dubai’s mid-market realty gets into overdrive

2016-10-23 11:17:24

Buyers benefit as developers fighting it out on prices and choice of locations Image Credit: Gulf News Archives The CEO of MAG Property Development said the market is ‘starting to see the... read more

Job cuts in Abu Dhabi lead to drop in rental rates

2016-10-23 11:18:11

JLL: Average prime rents for 2-bedroom flats down 6% in Q3 Sarah Diaa, Staff Reporter     Abu Dhabi: Increased job cuts in both the private and public sector have taken on a toll on... read more

Dubai’s prime office locations are running hot

2016-10-23 10:38:39

Tecom and D3 continue record high occupancy while JLT is seeing a turnaround Image Credit: Zarina Fernandes/ Gulf News Manoj Nair, Associate Editor     Dubai: The clusters in Tecom... read more

Setting sail alongside the Dubai Water Canal

2016-10-23 10:37:35

Dubai Properties confirms Promenade at Business Bay will open next month Image Credit: Courtesy: Dubai PropertiesDevelopers are in a race to come up with enduring attractions along the... read more

China cooling property market is new economic growth threat

2016-10-23 10:35:26

The risk of a sharp property downturn threatens to derail an economy that’s gaining momentum Image Credit: AFP Residential luxury homes in Beijing. Tightening is likely if prices keep... read more

It’s no longer about just locations in Dubai realty

2016-10-23 10:36:18

Sub-markets and individual plots are starting to make it count for developers Image Credit: Abdel-Krim Kallouche/Gulf News Archives A view of Up left to right, Tecom and Emirates Golf Club, and... read more

Supply mismatch is not helping Dubai’s rentals

2016-10-23 10:26:11

Much of new stock packed at the high-end of residential leasing market, says Phidar By Manoj Nair, Associate Editor     Dubai: Chances of a major drop in Dubai’s home rentals are... read more

Still plenty of takers for luxury realty in Dubai

2016-10-23 10:27:08

Sales go live for new Kempinski Residences tower project in Business Bay Image Credit: Zarina Fernandes/Gulf News 1 bedroom show apartments during a media tour of Kempinski Residences Business... read more

Emirates REIT parent extends reach to Ras Al Khaimah

2016-10-23 10:27:56

Its funds can invest in real estate assets in the emirate following a decree Staff Report     Dubai: The parent company of Emirates REIT (real estate investment trust) has received an... read more

Bright spots are showing up in Dubai property

2016-10-23 10:28:40

Transactional values are inching up and particularly in mid-market locations Staff Report     Dubai: For developers in Dubai planning launches, the numbers are starting to look right.... read more

London realty moves on with a soft touch

2016-10-23 10:29:37

A ‘hard Brexit’ does not seem to hold much of a shock for property market Image Credit: Clint Egbert/Gulf News Knight Frank group chairman Alistair Elliott said the volume of... read more

Aldar projects ‘progressing in line with expectation’

2016-10-23 10:32:12

Main contractor for Yas Acres to be appointed by mid-2017 Staff Report     Abu Dhabi: Aldar Properties said on Wednesday that all its projects are “progressing in line with... read more

Decline in Abu Dhabi rents and house prices to continue

2016-10-11 13:48:16

Lucy Barnard read more

Nakheel opens beachfront restaurant strip at Palm Jumeirah

2016-10-11 13:40:29

The National staff read more

Demand shrinks for large offices in Dubai

2016-10-11 13:42:28

Lucy Barnard read more

New era for DSI as Tabari steps down

2016-10-11 13:44:15

Lucy Barnard Shares in embattled Dubai contractor Drake & Scull International (DSI) posted their largest one-day gain in five months after the company announced that Khaldoun Tabari, the... read more

Off-plan property sales must be stopped, says chairman of Al Habtoor

2016-10-11 13:46:11

Sean Cronin read more

Uncertainty hovers over Saudi Arabia residential property market

2016-10-11 13:35:12

Lucy Barnard read more

Dubai’s developers squeeze prices and apartment sizes to stoke investor demand

2016-10-11 13:38:21

Michael Fahy read more

UAE developers need to keep track of changing lifestyles to prevent towers becoming obsolete

2016-10-11 13:33:42

A study published last month by Dubizzle found that millennials (people born between 1980 and 2000) make up the greatest proportion of Dubai’s population. Sarah Dea / The National   The... read more

A Dh47m home in the New York district that went from hippie hangout to millionaire’s playground

2016-10-11 13:29:38

Michael Fahy read more

Manhattan apartment sales tumble amid wary buyers and growing choice

2016-10-04 11:31:02

Bloomberg   The Manhattan skyline as viewed from one of the top floors of a tower in New York City. Apartment prices have plunged in Manhattan. Spencer Platt / Getty   There are... read more

Arabtec to build hotel in Dubai Internet City

2016-10-04 11:31:58

Lucy Barnard   read more

Dubai’s tenants get onto the property ladder

2016-10-04 13:38:45

Extent of price decline prompt many to make the switch and helped by mortgage support By Manoj Nair, Associate Editor   Dubai The extent of decline in Dubai’s property values may be... read more

GSA joins Singaporean wealth fund for student rooms deal in UK and Germany

2016-10-04 13:39:58

Michael Fahy   read more

Saudi Binladin’s cash flow crisis starts to ease

2016-10-05 06:07:28

Michael Fahy The cash flow crisis that has engulfed Saudi Arabia’s biggest builder, Saudi Binladin Group, has started to ease with much-needed payments from the kingdom’s finance... read more

Thai developer in UAE roadshow for Four Seasons Residences project

2016-10-05 06:14:02

Sananda Sahoo Above, a rendering of the Four Seasons Residences by Country Group Development. Courtesy Country Group Development   The under-construction development is located alongside a... read more

Call to loosen UAE mortgage cap, boosting first-time buyers’ prospects

2016-10-05 06:16:26

Michael Fahy   read more

Dubai’s tenants get onto the property ladder

2016-10-05 06:52:51

Extent of price decline prompt many to make the switch and helped by mortgage support By Manoj Nair, Associate Editor   Dubai:  The extent of decline in Dubai’s property values may be... read more

Singapore house prices fall by most in seven years

2016-10-04 11:27:08

Bloomberg   read more

Select Group sells 65 per cent of new Marina project ahead of launch

2016-10-04 11:28:15

Michael Fahy   read more

Dubai South launches will force a reset of prices

2016-10-04 11:23:11

Two recent launches have set new benchmarks on affordable pricing options in Dubai By Manoj Nair, Associate Editor   Dubai: Investors are piling back in for Dubai’s off-plan... read more

Strict guidelines come into effect on property sales in Dubai

2016-10-04 11:24:00

This applies equally to overseas properties marketed and sold here Staff Report   Dubai: All properties — including those developed overseas — being marketed in Dubai will now... read more

Dubai South inks deal with Australian state

2016-10-04 11:24:59

Aimed at opening new opportunities for Queensland businesses to collaborate and develop their products and services in the UAE Staff Report   Dubai: Dubai South has inked a statement of... read more

China cities introduce home curbs to cool overheated property

2016-10-04 11:20:59

Sichuan’s provincial capital Chengdu and Henan’s provincial capital Zhengzhou on Sunday banned people from buying a third property in some areas Bloomberg   Shanghai: Local... read more

Saudi’s Kingdom Holding sells Four Seasons Toronto for $171.8m

2016-10-04 11:21:57

The property was sold to family investment vehicles related to Shahid Khan Reuters   Dubai: Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Al Waleed Bin... read more

Dubai realty sees a studio rush

2016-10-04 11:19:57

Buyers have a wide price band to choose from with new off-plan launches Image Credit: SRG Holdings and Select Property The Marquise Square development on Burj Khalifa Street has an average launch... read more

Dubai rents: Popular areas post increases

2016-09-22 14:06:51

Overall housing costs post decline but certain communities still exhibit price jumps of up to 11% Cleofe Maceda, Senior Web Reporter   Dubai: Housing costs in Dubai remained generally cheaper in... read more

Where Dubai rents have risen and fallen, H1 2016 – in pictures

2016-09-21 07:42:18

Find out how rental prices in Dubai have changed during the first half of 2016 and the average annual rates you will pay, according to data provided by Asteco.   DOWNTOWN DUBAI HIGH END TO... read more

Japan’s bullet train operators ride on realty

2016-09-22 09:37:28

Their sprawling property assets make them a prized catch in upcoming IPO Bloomberg   Tokyo Japan’s bullet train operators are finding it also pays to run hotels, shops, restaurants and own... read more

China’s property market surges ignoring curbs

2016-09-22 09:39:28

The number of cities recording value gains has increased and can create a bubble Bloomberg Image Credit: AFP The financial district of Pudong in Shanghai. Property prices that are still rising... read more

Luxury and mid-market realty compete for investor attention

2016-09-22 09:50:47

Dubai’s high-end properties could have the edge given limited supply and strong demand, says Knight Frank By Manoj Nair, Associate Editor Dubai: Should the next wave of investors in Dubai go... read more

Price upturns start to show up in Dubai realty

2016-09-22 09:52:44

Both ends of pricing spectrum show effects of gradual rise in investor interest By Manoj Nair, Associate Editor Luxury villas on the Palm and apartments in Sports City are recording the best... read more

UAE’s home rentals can get a Bankruptcy Law lift

2016-09-22 10:00:39

More businesses consider options of leasing directly on behalf of employees as new Law stipulates that cheques issued by commercial entities will not be considered a criminal offence if they... read more

The Brexit doomsday scenarios yet to play out

2016-09-22 13:42:21

Chances are that actual impact on UK realty will take on a milder form, says Savills By Manoj Nair, Associate Editor Dubai   Brexit and London property? The connection — or the precise... read more

Emiratis among leading investors in Europe’s prime ski resorts

2016-09-21 07:34:26

Michael Fahy read more

Activist shareholder succeeds in removing Hill International’s founder from its board

2016-09-21 07:37:21

Michael Fahy US consultancy Hill International helped in the construction of Jumeirah Etihad Towers in Abu Dhabi. Alia Jeroudi for The National   The US construction consultancy Hill... read more

Dubai developer tests demand for Dh10m plus apartments

2016-09-21 07:53:44

More such super-premium launches are in the offing as developers get comfortable Image Credit: Virendra Saklani/Gulf News BARARI Seventh Heaven, luxury residential building in Al Barari which has... read more

Harry Potter’s home for sale in the UK

2016-09-21 06:58:22

  Harry Potter fans may have found the ultimate piece of movie memorabilia, with the wizard’s childhood home now up for sale at the Half-Blood Prince-ly sum of £475,000 (Dh2.2... read more

Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers

2016-09-21 07:06:20

Michael Fahy Above, an aerial view of the Al Maryah Central mall construction site in Abu Dhabi. Courtesy Gulf Related   An artist concept of the south roof of Al Maryah Central. Courtesy... read more

Gulf Related chief bullish on prospects for Al Maryah Central despite market slowdown

2016-09-21 07:07:56

Michael Fahy read more

Gulf Related eyes 20% of Abu Dhabi’s retail spend by 2018

2016-09-21 07:52:50

Al Maryah Central mall developer sees high quality brands at project, sector experience helping it achieve target in two years Fareed Rahman, Senior Reporter Image Credit: Abdul Rahman/Gulf... read more

Forum Group to build Palm Jumeirah luxury villas

2016-09-21 06:51:14

Andrew Scott The Mediterranean-inspired XXII Carat villas will be situated near the end of the Palm Jumeirah West Crest. Courtesy Forum Group   The Mediterranean-inspired XXII Carat villas... read more

Where Abu Dhabi rents have risen and fallen, H1 2016 – in pictures

2016-09-21 06:55:19

Find out how rental prices in Abu Dhabi have changed during the first half of 2016 and the average annual rates you will pay, according to data provided by Asteco.   KHALIDIYA / AL BATEEN HIGH... read more

Now, a studio in Dubai for Dh280,000

2016-09-19 08:04:20

Dubai South confirms that will be the launch price at The Pulse Staff Report   Dubai South has launched The Pulse Residence at Cityscape Global. The residential community targets... read more

Dubai South to start selling apartments from Dh280,000

2016-09-19 08:18:11

Michael Fahy The first units at the Pulse are due to be completed by 2019. Courtesy Dubai South   read more

Plan for energy at island in Nakheel’s The World project via Waterlovt floating homes

2016-09-19 08:22:39

Michael Fahy Above, a rendering of a Waterlovt houseboat. Courtesy Waterlovt / Belevari Marine   The founder of a company that wants to bring floating homes to the UAE says it is in talks with... read more

Plan for energy at island in Nakheel’s The World project via Waterlovt floating homes

2016-09-19 08:22:40

Michael Fahy Above, a rendering of a Waterlovt houseboat. Courtesy Waterlovt / Belevari Marine   The founder of a company that wants to bring floating homes to the UAE says it is in talks with... read more

Union Properties’ delayed Dh1.1 billion Vertx project to start next year

2016-09-21 06:49:10

Michael Fahy Ahmed Al Marri, the general manager of Dubai-based Union Properties, has said the developer is hoping to start its delayed five-tower Vertx scheme in Motor City by the middle of... read more

India property: investment tips for NRI landlords

2016-09-19 08:09:35

Rebecca Bundhun   Above, advertisements of new projects in Greater Noida in the outskirts of Delhi. Krystof Kriz / CTK via AP Images   Deepthy Saleem, from Kerala in India, has lived in... read more

Dubai and Abu Dhabi named Middle East’s most sustainable cities

2016-09-15 07:37:39

Michael Fahy   read more

Dubai’s office high-rises are within reach

2016-09-19 08:00:30

They have remained unchanged of late in an extremely soft rental market By Manoj Nair, Associate Editor Towers on Shaikh Zayed Road. The report examines the rental performance of commercial... read more

Dubai landlady refused to do maintenance for nine years – should villa be returned in good condition?

2016-09-15 07:28:49

Mario Volpi   read more

Booming Philippine property market inspires confidence among expat investors

2016-09-15 07:31:17

Chris Nelson   read more

Luxury London home sellers get message and rush to slash prices

2016-09-15 07:33:49

Bloomberg   read more

Clean-up of distressed realty slows in Europe

2016-09-15 12:24:38

It could be that investors are still spooked over the Brexit ramifications Bloomberg London, Oslo: The clean-up of distressed real estate assets slowed in Europe as deals were delayed by investors... read more

Plot sales offer silver lining for Dubai developers

2016-09-15 12:28:22

By Manoj Nair, Associate Editor Image Credit: Gulf News Archives Construction workers building villas in Dubai. If enough investors buy plots, the master-developer can focus exclusively on creating... read more

Indonesia’s wealthy cannot hide in Singapore realty

2016-09-15 12:44:08

Crackdown on Indonesian tax offenders casts net wide for overseas assets By David Roman, Pooja Thakur and Chanyaporn Chanjaroen, Bloomberg   Singapore: Never mind that Singapore is... read more

Plot sales offer silver lining for Dubai developers

2016-09-19 07:55:47

Whether in Jumeirah or Akoya, they are making a strong case for such transaction   By Manoj Nair, Associate Editor Image Credit: Gulf News Archives Construction workers building villas in... read more

Luxury residences fit for royals at The Park Crescent in London – in pictures

2016-09-15 07:26:04

The National staff   The courtyard garden inside of one of the residences at The Park Crescent. Courtesy Amazon Property   A bathroom suite in one of the residences at The Park Crescent.... read more

Middle East ‘wave of capital’ targeting London properties

2016-09-15 07:22:14

Michael Fahy   read more

In Dubai realty, Dh1m is the new price point to fight for

2016-09-19 07:50:55

Private developers mix and match strategies to counter the big names’ affordable push By Manoj Nair, Associate Editor Visitors look at Jumeirah Central project during Cityscape Global... read more

Dh13.5 million Elite Residence penthouse is swimming in luxury

2016-09-15 05:53:00

Andrew Scott   read more

Live among Dubai Marina’s elite for Dh13.9 million – in pictures

2016-09-15 05:56:50

This penthouse on the 92-floor Elite Residence is in the third tallest residential building in the world and takes up half of the 77th storey.   The property has been renovated to a modern... read more

Majid Al Futtaim expands into Egyptian mixed-use projects

2016-09-15 06:03:07

Sananda Sahoo   Majid Al Futtaim plans to start mixed-use real estate development in Egypt next year as it expands from its core retail activities. It is waiting to acquire land in the country,... read more

Developer Sobha eyeing huge Dubai project, chairman says

2016-09-15 06:04:52

Michael Fahy   Sobha Group is planning another "huge" project in Dubai, which will be bigger than the Dh21 billion, 400,000 hectare Mohammed Bin Rashid City District One project, said the... read more

Bloom Holding looks to finalise deal on affordable housing project near Abu Dhabi airport

2016-09-15 06:16:29

Michael Fahy   read more

Omniyat to move into affordable housing

2016-09-15 07:19:33

Michael Fahy   read more

Coup and wars no deterrent for Turkey realty

2016-09-15 11:06:20

Developer of Istanbul financial hub says property market remains a magnet for ME investors By Manoj Nair, Associate Editor Image Credit: Clint Egbert/Gulf News The Agaoglu stand at Cityscape... read more

Penalty for delays? Why Dubai’s new home owners are not moving in any time soon

2016-09-15 12:08:48

Project delays are cropping up again as Dubai realty tries to adjust to market softness By Manoj Nair, Associate Editor   Visitors at Cityscape Global at Dubai World Trade Centre.Image... read more

Post-Breixt, it is about managing investor expectations

2016-09-15 12:16:09

The crash in London values has not come to pass, says Savills By Manoj Nair, Associate Editor Dubai: There’s the Brexit in the perceptions of overseas investors and then there is the reality... read more

Dh5b-Dh10b bonanza awaits UAE construction sector

2016-09-15 12:18:17

If plans come to fruition, a major turnaround for the economy could be in hand by the second half of 2017 Staff Report Dubai: Dubai’s developers have shown the intent … next up they need... read more

In Dubai realty, Dh1m is the new price point to fight for Private developers mix and matc

2016-09-15 12:23:23

Private developers mix and match strategies to counter the big names’ affordable push By Manoj Nair, Associate Editor Visitors look at Jumeirah Central project during Cityscape Global at... read more

Dubai realty upturn: half of residents consider buying home

2016-09-08 10:21:25

Core Savills survey finds more residents are now inclined to buy a property Image Credit: ANM archive Ideal for families to spend time outdoors, The Springs features landscaped gardens, cycle paths... read more

Now a one-bedroom apartment for Dh385,000

2016-09-08 10:23:02

Developer tests waters by launching affordable housing for those earning Dh6,000 plus Exhibitors going through the affordable housing options at SunBeam Homes stall at the Cityscape... read more

Developer starts thinking beyond brick-and-mortar

2016-09-08 10:23:51

MAG sets up dedicated division to integrate ‘well-being’ as part of the process Staff Report     Dubai: The developer MAG wants to go beyond just making brick-and-mortar... read more

Yields firm up nicely for mid-tier locations: ValuStrat

2016-09-08 10:24:49

There are also some selective gains for more premium clusters Staff Report     Dubai: Mid-market is where the yields currently reign supreme in Dubai. And that explains why clusters... read more

Buying homes in Dubai is no longer an exclusive rich man’s game

2016-09-08 10:25:40

Developers are now targeting mid-income residents A scale model of the Akoya Oxygen project from Damac on display at Cityscape Global. Damac has just announcedImage Credit: Virendra... read more

Sharjah unveils Dh1.2b mega mall

2016-09-08 10:26:40

Emirate’s largest shopping destination covering an area of 2m square feet to be located at Tilal City Image Credit: Virendra Saklani/Gulf News Shaikh Sultan Bin Ahmad Al Qasimi with the scale... read more

Dubai realty is game for the theme park ride

2016-09-08 10:27:41

The brand new attractions lining up can give a much needed lift to sector Craig Plumb, Special to Gulf News     Creating world-class entertainment options has been one of the drivers... read more

Contractor ventures into Dubai realty space

2016-09-08 10:28:48

India’s Shapoorji Pallonji will leverage on a four decade presence in local market By Manoj Nair, Associate Editor     Dubai: Dubai realty is getting a brand new developer... read more

Abu Dhabi’s developers finally turn to mid-market

2016-09-08 10:29:44

But supply continues to be extremely tight and offers no respite to residents Image Credit: Virendra Saklani/Gulf News A model of Soho Square at Saadiyat Island, Abu Dhabi, on display at Cityscape... read more

Saudi’s Emaar Economic City affiliate gets 2.7b riyal loan

2016-09-08 10:30:44

Ports Development Co secured a murabaha facility from Arab National Bank and Saudi British Bank with a tenor of 14 years Reuters     DUBAI: Saudi Arabia’s Emaar the Economic City... read more

Dubai Wholesale City gets into full leasing mode

2016-09-08 10:31:59

All options are open for investors in how they want to be based at Dh30b development Image Credit: Virendra Saklani/Gulf News Abdulla Belhoul (above) said Dubai Wholesale City will offer clusters... read more

Nakheel creates in-house owners association division

2016-09-08 10:32:51

Nakheel Strata aims to take on contracts for third-party properties as well Staff Report     Dubai: The master-developer Nakheel has launched an in-house owners association (OA)... read more

UAE superyacht builder wows the Cannes glitterati with its biggest vessel yet

2016-09-08 13:26:03

Chris Nelson   read more

Owning a piece of BBC’s vaunted past

2016-09-08 09:39:12

UAE investors already buy into new mixed-use development at Television Centre Image Credit: Supplied The Television Centre redevelopment will allow residents to live above three active BBC... read more

Dubai’s residents go where affordable leads them

2016-09-08 09:44:13

Studios and one-bedrooms in high demand as families downsize in an uncertain economy Dubai added only 2,000 new 'mid-level and affordable apartments' such as the Canal Residence West.Image... read more

Pass on your Dubai realty assets online

2016-09-08 09:45:03

DIFC Wills & Probate Registry sets up web platform for all such deeds Staff Report     Dubai: Now you can pass on your real estate assets to your near and dear ones via the... read more

Sharjah mulls possibilities for new communities

2016-09-08 09:45:54

The existing ones have been met with significant investor interest for properties and plots Image Credit: Virendra Saklani/Gulf News Young said Al Zahia itself is a keystone of the ‘New... read more

Dubai Properties CEO to focus on stability

2016-09-08 09:46:41

The master-developer already has a substantial project portfolio, including extensive new retail Image Credit: Virendra Saklani/Gulf News Abdulla Lahej By Manoj Nair, Associate... read more

Medyan One Mall arrives at the starting gate

2016-09-08 09:47:25

First set of contracts for 3m-sq-ft mega destination could be imminent By Manoj Nair, Associate Editor     Dubai: The Meydan One Mall project is all set to get off from the starting... read more

Dubai developers seed market with projects

2016-09-08 09:48:13

Construction sector already has enough to effect a sentiment turnaround Image Credit: Ahmed Ramzan/Gulf News Shaikh Mohammad, Shaikh Hamdan Bin Mohammad and other officials take a tour at the... read more

Honeymoon retreat: Developer of floating seahorse villas to open heart-shaped island off Dubai coast

2016-09-08 13:03:24

Honeymoon retreat: Developer of floating seahorse villas to open heart-shaped island off Dubai coast   Josef Kleindienst believes his project can prosper even in a weakening property... read more

New property projects at Cityscape Global 2016 in Dubai – in pictures

2016-09-08 10:50:44

Up to 300 companies from the UAE and abroad are showcasing their property projects as Cityscape Global 2016 opens in Dubai. Here are some developments on show at the three-day event. Above, an... read more

Palm 360: Will Nakheel’s new project have Dubai’s best views? – in pictures

2016-09-08 12:45:21

Nakheel has unveiled Palm 360 – an iconic, twin-tower hotel and residential project on Dubai’s Palm Jumeirah featuring 12,000 square foot branded penthouses.   The pool area. It is... read more

Abu Dhabi rents falling but still one of world’s most expensive places to live

2016-09-08 13:02:20

Lucy Barnard   Saadiyat Beach villas are some of the more expensive properties to rent in Abu Dhabi. Mona Al Marzooqi / The National   Average monthly rents for residential property in... read more

Cityscape Global 2016 in Dubai, first day – in pictures

2016-09-08 13:01:58

Up to 300 companies from the UAE and globally are showcasing their projects at the three-day Cityscape Global 2016 in Dubai, which opened on Tuesday. Take a look at some of the property developments... read more

Nakheel aims to build on Dubai’s expansion plans

2016-09-08 13:14:22

Lucy Barnard   Ibn Battuta Residences, Nakheel’s new twin-tower residential project was unveiled at Cityscape Global. Courtesy Nakheel   Ali Rashid Lootah, the chairman... read more

Health of US property matters to us all

2016-09-08 13:01:24

Frank Kane These were chilling words, heard in New York in June: "We are approaching a situation of systemic risk that nobody is talking about." The speaker was talking about the American property... read more

Eagle Hills to promote Bahrain project in Saudi Arabia

2016-09-08 13:12:17

Lucy Barnard   Eagle Hills, the Abu Dhabi property developer fronted by Emaar chairman Mohamed Alabbar, is to run a series of roadshows in Saudi Arabia aimed at drumming up interest in its... read more

Dubai South reveals its first Residential District developments at Cityscape

2016-09-08 13:11:31

Lucy Barnard   Dubai South unveiled its first two key real estate projects, The Villages and The Pulse, for its Dh25 billion Residential District development at Cityscape Global. Courtesy Dubai... read more

Damac to open sales offices in China

2016-09-08 13:10:41

Michael Fahy   Damac, the developer based in Dubai, is to open three new offices in China to market its projects more effectively to Chinese buyers. Damac is planning to open business... read more

RAK master developer Al Marjan expects prices to rise

2016-09-08 13:16:56

Sananda Sahoo   The Ras Al Khaimah master developer Al Marjan Island expects plot prices to appreciate because of a shortage of waterfront plots. The artificial islands cluster, which now... read more

Majid Al Futtaim counts on Lebanese buyers at Waterfront City project in Beirut

2016-09-08 13:19:21

Sananda Sahoo   Majid Al Futtaim is banking on Lebanese buyers for its mixed-use project in Lebanon as foreign investor appetite cools amid regional instability. The Dubai retailer and... read more

Contractor for Deyaar’s Dh3bn Midtown project likely by year-end

2016-09-08 13:21:00

Michael Fahy   read more

Use Dubai’s advantage as education hub to target Chinese property investors, developers told

2016-09-08 13:22:35

Michael Fahy     ( Courtesy of TheNational ) read more

GFH turns to Reits for Bahrain and Dubai projects

2016-09-08 13:24:11

Dania Saadi   The property arm of GFH Financial Group is considering using real estate investment trusts (Reits) to pump funds into its projects in Bahrain and Dubai, as the Islamic... read more

Dh158bn Dubai property deals: Which communities on top

2016-09-08 08:12:05

Dubai Land Department states the amount achieved through 38,838 transactions over eight months By: Staff Published Monday, September 05, 2016 Dubai Land Department’s (DLD)... read more

Developers put on show of strength at Cityscape Global

2016-09-08 08:44:06

New and repackaged projects go on show in Dubai this week as developers aim to tap into the Expo 2020 effect More than 40,000 visitors and delegates are expected at Cityscape Global this... read more

Prime properties: Dubai Canal set to make waves

2016-09-08 09:17:59

As the Dubai Water Canal mega project gears up for a year-end launch, GN Focus gets experts to gauge the far-reaching impact the development will have on the UAE property market The Dubai... read more

Education making a lot of sense for regional investors

2016-09-08 09:26:02

Big developers, private equity firms are just as keen on asset prospects By Manoj Nair, Associate Editor     Dubai: Invest in education — real estate funds in the Gulf searching... read more

UAE rents fall, but only in certain areas

2016-09-08 09:26:51

Sharp drops at premium end of rental space, but not so in mid-market locations Image Credit: Kishore Kumar/ANM The Cluttons report cites the villa rents on the Palm and Jumeirah Islands as taking a... read more

Emaar unveils sizeable mid-market offering

2016-09-08 09:29:46

Launches joint venture to create 15,000 homes in Dubai South Mohamed Alabbar, Chairman of Emaar Properties (left) and Khalifa Suhail Al Zafein, Executive Chairman ofDubaiImage Credit: Pankaj... read more

Will easing mortgage cap jump-start UAE realty?

2016-09-08 09:30:45

GN Focus debates pros and cons of easing regulations to breathe new life into the UAE property market A view of Dubai downtown at night. Lowering the mortgage cap will help kickstart the sector... read more

The Outlet Village launched in Dubai

2016-09-08 09:31:54

New shopping destination to offer top global brands at discounted prices in a luxury setting Located in Jebel Ali, The Outlet Village is inspired by the hilltop town of San Gimignano in... read more

Dubai’s master-developers ditch the short-term

2016-09-08 09:33:28

With Jumeirah Central and Emaar South, the rules of the game have changed   Image Credit: Zarina Fernandes/ Gulf News Archive People view scale models of Al Habtoor City at Cityscape... read more

Nakheel unveils twin-tower on the Palm

2016-09-08 09:34:08

The Palm 360 will also have a residential component with 12,000 sq ft penthouses Image Credit: Courtesy: Nakheel The Palm 360 on Palm Jumeirah’s western crescent isanticipated for delivery in... read more

Realty fund makes Silicon Oasis acquisition

2016-09-08 09:34:59

ENBD’s Emirates Real Estate Fund buys Binghatti Terraces Staff Report   Dubai: Emirates Real Estate Fund — managed by Emirates NBD Asset Management — has acquired Binghatti... read more

Sobha Group calls in interest for townhouse cluster

2016-09-08 09:35:49

It encompasses 740,000 square metres of freehold community in Mohammad Bin Rashid Al Maktoum City Staff Report     Dubai: The Sobha Group is inviting expressions of interest for its... read more

Marasi Business Bay on track for Phase 1

2016-09-08 09:36:35

Marina and Park will be delivered in the fourth quarter 2017 Staff Report   Dubai: The water homes-fronted Marasi Business Bay development’s Phase 1 is on schedule for delivery in the... read more

Cityscape Global kicks off in Dubai

2016-09-08 09:38:00

Developers readying to announce new projects in emirate The Heart Of Europe project on display at Cityscape Global at Dubai World Trade Centre.Image Credit: Virendra Saklani/Gulf News Image... read more

London to be home to tallest tower in western Europe

2016-09-08 10:37:38

London to be home to tallest tower in western Europe     The Spire London by China's Greenland Group will consist of 861 apartments. Courtesy Greenland Group   Spire London... read more

Middle East buyers pump $10b into overseas commercial realty

2016-09-04 12:01:31

The economy and low oil don’t seem to have whetted their appetite during H1-16 By Manoj Nair, Associate Editor   Dubai Soft oil and local economies did not get in the way of Middle East... read more

Dubai’s $20b city is as futuristic as it comes

2016-09-06 06:54:35

Master plan of Jumeirah Central also provides for aerial expressways and a central station Image Credit: WAM How Jumeirah Central is expected to look. By Manoj Nair, Associate... read more

Dubai’s office space holds the line on rents

2016-09-08 08:20:25

But Abu Dhabi and Sharjah continue to face intense pressure from subdued demand By Manoj Nair, Associate Editor     Dubai: Dubai’s office tenants are seeking value — they... read more

Dubai’s $20b city is as futuristic as it comes

2016-09-08 08:33:51

Master plan of Jumeirah Central also provides for aerial expressways and a central station Image Credit: WAM How Jumeirah Central is expected to look. By Manoj Nair, Associate... read more

Summer does not get in way of deals in Dubai realty

2016-09-08 08:35:45

First eight months see a substantial Dh158b in overall transactions Staff Report     Dubai: The summer months have not proved to be as much of a drag on Dubai’s land and property... read more

Aldar to launch next phase of Yas Acres

2016-09-08 08:38:27

Developer sells 90% of villas, town houses launched so far Staff Report     Abu Dhabi: Aldar Properties, the Abu Dhabi-based developer, said it is preparing to launch the next precinct... read more

Bloom Properties announces project in Jumeirah Village Circle

2016-09-08 08:38:07

Project marks company’s foray into mid-market housing in Dubai Staff Report     Abu Dhabi: Bloom Properties, the Abu Dhabi-based developer, announced a mixed-use project in... read more

Work starts on Dh5b, 20-tower Deira Islands Boulevard

2016-09-08 08:40:37

Of the 20 towers, 16 will be residential towers with a total of 2,600 apartments Image Credit: Supplied   Staff Report     Dubai: Work has started on the Dh5 billion project on... read more

Dubai Marina records highest number of shifting in H1-16

2016-09-04 11:55:41

Online polls home in on the most popular residential hotspots Staff Report   Dubai: The slight softening in rental rates would have helped as well as Dubai Marina and Jumeirah Beach Residence... read more

Six local firms brought in for Nakheel’s Jebel Ali project

2016-09-04 11:57:06

They will provide the design and construction supervision for Dh7.5b community Image Credit: Courtesy: Nakheel An image of the Jebel Ali Gardens community, which will include 42 high-rises housing... read more

Dubai out to create 'future' city

2016-09-04 11:58:06

The 47m square feet Jumeirah Central is to set a development benchmark Image Credit: Manoj Nair, Associate Editor   Dubai: Dubai is creating the mini-city of the future. Located off Shaikh... read more

Dubai anchors a mega-development in Jumeirah

2016-09-04 11:59:40

It will fast-track the makeover of one of the city’s most prestigious neighbourhoods Image Credit: WAM  Manoj Nair, Associate Editor   Dubai: The unveiling of Jumeirah Central... read more

Dubai out to create the “future” city

2016-09-04 12:00:40

The 47m square feet Jumeirah Central is to set a development benchmark Manoj Nair, Associate Editor   Dubai: Dubai is creating the mini-city of the future. Located off Shaikh Zayed Road,... read more

Nakheel reveals more details of its Dh7.5 billion Jebel Ali Gardens community

2016-09-04 12:06:29

Tasks six Emirati firms with overseeing design and construction supervision By: Staff   Pic: Supplied Dubai master developer Nakheel is drawing on the talent and expertise of... read more

Sheikh Mohammed launches 'city of the future' with Jumeirah Central

2016-09-04 12:07:24

Urban development will host climate-controlled arcades, aerial gondolas and world-leading infrastructure By: Wam   Pic: Wam The Vice President and Prime Minister of the UAE and... read more

Jebel Ali Gardens to be ready by 2020

2016-09-08 08:15:25

Nakheel tasks six Emirati firms with overseeing design and construction supervision By  Staff Published Saturday, September 03, 2016 Pic: Supplied Dubai master developer Nakheel... read more

UAE developers top in Forbes rankings

2016-09-04 11:46:16

Emaar and Damac star among publicly listed while Qatari Diar leads among privately held Staff Report   Dubai: UAE’s developers Emaar, Damac and Aldar were rated as the top public-listed... read more

Work on $1b Maryah Plaza set to start after delay

2016-09-04 11:47:43

The first of the four high rise towers is scheduled for completion in 2018 Image Credit: Abdul Rahman/Gulf News Adel Saleh Mohammed, Founder-President & Executive Chairman of Al Fara’a... read more

Right time to go shopping for cut-price villas in Dubai

2016-09-04 11:48:43

Key locations have seen a sharp drop or have stabilised at more attractive levels Image Credit: Pankaj sharma/Gulf News   By Manoj Nair, Associate Editor   Dubai: Want to buy a villa... read more

Nakheel confirms 1.2m square feet mall for Nad Al Sheba

2016-09-04 11:54:39

It will be anchored as part of an upscale residential community featuring 1,500 villas Image Credit: Courtesy: Nakheel The Nad Al Sheba Mall will feature around 200 shops, restaurants and... read more

Blackstone wins where Goldman Sachs fails to close

2016-09-01 04:49:06

This means Blackstone will pick all of Alecta’s US interests Bloomberg   Seattle: Goldman Sachs Group Inc was the original winner of Alecta’s US real estate sale before the... read more

UK home prices face down Brexit concerns

2016-09-01 04:51:26

Values actually rose the most in five months, says Nationwide findings By Thomas Seal, Bloomberg   London: UK house prices rose the most in five months in August as a shortage of supply... read more

Education has the makings of being prime realty play

2016-09-01 04:53:35

With supply tightly controlled and demand high, schools matter a lot for investors By Craig Plumb, Special to Gulf News   A growing number of real estate players have responded to the need for... read more

DIFC office demand lifts Dubai to top spot

2016-09-01 04:54:29

City is the top-performing regional market for offices, says JLL report Staff Report   DUBAI: High demand for space within the DIFC cluster seems to have been a factor in office rentals in... read more

Want to live rent-free, all expenses paid in Dubai? Here’s how…

2016-09-04 12:09:08

Emaar Hospitality is giving guests chance to win a yearlong stay at The Address Residences Boulevard By: Staff   If the renewal of the annual rent contact looms on the horizon and... read more

Gulf investors play waiting game with London realty

2016-09-01 04:47:47

City still features among top overseas choices alongside New York and Singapore Image Credit: Reuters People view properties for sale in an estate agents window in London, Britain. By Manoj Nair,... read more

Dubai set to re-emerge as Gulf buyers’ top choice

2016-09-01 04:48:01

It could well be the influence of the Expo 2020 build up, says Cluttons By Manoj Nair, Associate Editor   Dubai: The Expo 2020 effect could soon start featuring in Gulf investors’... read more

Fibrex awarded contract of Aldar’s Shams Meera residential development in Shams Abu Dhabi on Reem Island

2016-09-01 04:47:34

The development comprises the construction of two 25-storey towers overlooking a landscaped park Staff Report   Abu Dhabi: Aldar Properties said on Monday it has awarded the main contractor... read more

Dubai’s rental declines are limited to the high-end

2016-09-01 04:46:37

An across the board rent softening has not happened in the city in this correction By Manoj Nair, Associate Editor   Dubai: Dubai’s residents are not getting much of a cheer from their... read more

Ajman Real Estate Regulatory Agency meets Chinese delegation

2016-09-01 04:47:04

To review real estate investment opportunities in Ajman WAM   AJMAN: Yafea’ Al Faraj , Ajman Real Estate Regulatory Agency (ARRA) Executive Director, held a meeting with a Chinese... read more

Tamleek Real Estate to be Manazil’s UAE sales representative for the Adagio Hotel Apartments

2016-09-01 04:46:18

The Adagio Hotel Apartments is expected to open in 2019 Staff Report   Dubai: Manazil Global Property Development, A Dubai-based developer, has signed an exclusive partnership with Tamleek... read more

Union Properties enter into Dh290m financing agreement

2016-09-01 04:43:09

Union Properties shares closed 0.14% lower at Dh0.74 Staff Report   Dubai: Union Properties said on Sunday it has entered into a Dh290 million financing agreement with Ajman Bank and RAK Bank... read more

Indian realty finally gets a reason to cheer

2016-08-31 13:45:54

Buyers are starting to come back and there is less of unsold inventory as a burden Bengaluru. Many Indian developers still believe the present is an opportune time to launch new projects.Image... read more

Qatar’s real estate feels the heat on all fronts

2016-08-31 13:50:35

Over-reliance on energy sector puts considerable rent pressure on homes and offices Image Credit: AFP A view of the Qatari capital Doha. By Manoj Nair, Associate Editor   Dubai The heat is... read more

India’s realty law can give developers discipline

2016-08-31 13:51:51

There is a tendency among some to spread sales proceeds and debts across projects Image Credit: AFP The Mumbai city skyline. Already reeling under slow economic growth, real estatecompanies in... read more

Building a green platform for the greater good

2016-08-31 14:00:40

The UAE has the perfect opportunity to set the agenda and run with it By Tariq Chauhan, Special to Gulf News   Energy costs in the Gulf are bound to be impacted due to the increasing movements... read more

New supply slowdown can impact Dubai realty

2016-08-31 14:02:07

It can create doubts in the minds of prospective first-time buyers on when to buy By Sameer Lakhani, Special to Gulf News   In a recent cross-section analysis of two-bedroom apartment rents... read more

Dubai developer announces Dh750m Palm Jumeirah property

2016-08-31 14:03:50

Azizi Developments’ 178-unit hotel apartment project to feature 120 one-bedroom units, 58 two-bedroom units and four penthouse apartments Staff Report   Dubai: Dubai-based Azizi... read more

Bloom Properties to deliver Abu Dhabi project in December

2016-08-31 14:05:15

Project handover had initially been scheduled for the first quarter of 2017 Staff Report   Abu Dhabi: Bloom Properties is set to deliver Phase 3 of its Bloom Gardens master development in Abu... read more

ADFD formalises Dh2.9b grant to Bahrain

2016-08-31 14:07:17

Funding to enable start of consturction on new island Staff Report   Abu Dhabi: The Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm, announced on Wednesday... read more

UAE Realty Inc. finds a firm footing

2016-08-31 13:44:33

Nakheel’s Dh4.4b sukuk repayment reaffirms strength of government developers Image Credit: WAM /Gulf News Archive The Palm Jumeirah, a Nakheel project. With the likes of Nakheel and other... read more

Back to Dubai: Why reverse migration from Sharjah, Ajman

2016-09-06 06:56:54

Increase in affordable housing options in the emirate: report By: Parag Deulgaonkar   International City, Warsan, Dubai. Photo by Ahmad Ardity A growing focus of developers in the... read more

Dubai Holding, Emaar to revive world's longest luxury hotel chain

2016-09-04 12:05:05

Bawadi project in Dubailand is in early stages, says Fadel Al Ali By: Parag Deulgaonkar   A rendering of the Bawadi project launched in 2007. (Supplied) Bawadi, announced as the... read more

Foxtons says Brexit to prolong London housing woes

2016-06-28 09:07:40

Broker’s earnings will fall significantly from a year earlier as ‘challenging conditions’ hurt sales volumes Bloomberg   Berlin: Foxtons Group Plc forecast lower 2016... read more

Brexit vote unlikely to curtail Gulf appetite for UK property

2016-06-28 09:09:14

It will take more than the Brexit vote to shake Gulf confidence in the London property market AFP   DUBAI: Harrods, the Savoy, the Shard — London property has long been a magnet for... read more

Land Department launches app for leasing processes

2016-06-28 09:10:26

Various parties involved can get most of their work done online Staff Report RssShare on facebookShare on twitterAdd on google plusSend Email to FriendAddthis0 Dubai: The Dubai Land Department... read more

Foreign investors eye UK property after Brexit fallout

2016-06-28 09:04:48

Property prices are expected to take a hit, with reports of buyers pulling out of transactions due to market uncertainty                      ... read more

Damac’s first-half projects total Dh3b

2016-06-28 09:06:11

The developer issued 25 contracts including one for more than 2,600 villas Staff Report   Dubai Damac Properties issued 25 construction contracts valued at a combined Dh3 billion in the... read more

London realty could be another to take a hit

2016-06-26 10:56:19

UK developers undecided about marketing off-plan launches now to Gulf investors By Manoj Nair, Associate Editor     Dubai: The pound need not be the sole victim – at least in the... read more

Vanke deal unlikely to pass in current form as holders push back

2016-06-26 10:54:53

Opposition from the two leading stakeholders, which hold a combined 39.5% of Vanke, threatens to derail a deal that the management of China’s largest home builder said is a... read more

*New Parking Zones:*

2016-05-25 12:21:39

Dubai’s parking zones have two main categories of commercial and non-commercial zones.   Code A -- Commercial Areas - Roadside parking Code B -- Commercial Areas - parking lots Code C... read more

Officially, you can rent a studio in Dubai for Dh25,000 a year

2016-05-25 13:59:56

Rent index says DIP, Outsource Zone are cheapest localities to rent By: Parag Deulgaonkar   Pic Courtesy: DIP website The official Dubai rent index reveals the cheapest studio units... read more

Marasi Business Bay: Water homes, floating hotels in Dubai

2016-05-25 14:08:52

Dubai Holding unveils over Dh1bn waterfront destination along Dubai Water Canal By  Parag Deulgaonkar Published Tuesday, May 24, 2016 Dubai Properties Group (DPG), the real estate... read more

Dubai’s industrial realty needs a change of pace

2016-03-27 12:54:20

Private investors are missing out by not creating new stock for rental opportunities By David Godchaux, Special to Gulf News   News that the Dubai Government is preparing to construct a new... read more

Investors take a shine to land

2016-03-27 13:03:13

Investors are seeing arbitrage pricing opportunities in the current market Manoj Nair, Associate Editor   Dubai: Land is another asset where investors have been piling on in Dubai. “On... read more

Dubai real estate slowly wins back investors

2016-03-27 13:10:40

Real estate scrips are doing well, while property transactions are gaining too   Image Credit: Ahmed Ramzan/Gulf News Archives Residents relax at a park in Jumeirah Lake Towers. Property... read more

Emaar considers stock listings for hotels unit along with Turkish and Indian businesses

2016-03-24 08:22:52

Michael Fahy   read more

Arabtec lands Dh1.7bn housing contract in Fujairah

2016-03-24 08:24:08

Michael Fahy   read more

Investcorp snaps up properties in Florida and Minnesota

2016-03-27 12:57:32

Dania Saadi   read more

Dubai World and MGM Mirage sells joint Las Vegas retail project

2016-03-20 07:53:38

LeAnne Graves   read more

Dh40m Dubai villa offers elegance and the most desired address – in pictures

2016-03-19 09:38:44

Yet the greater expense of properties at Emirates Hills is a sign of its popularity. Take a look around this stunning property which is on the market. The property comes with a huge pool and... read more

The Dh40m villa with more to offer than an expensive plot

2016-03-19 09:42:12

read more

Reem Mall progresses in Abu Dhabi as $800m loan moves nearer

2016-03-19 09:45:52

read more

Bildco starts rebuilding with Dubai concrete block factory and new steel mill

2016-03-19 09:50:17

Michael Fahy read more

Inside Burj Khalifa’s new observation decks

2016-03-16 10:12:22

Grandiose spiral flight links observation decks on Levels 124 and 125 on world’s tallest tower Staff Report     Image Credit: Supplied   Dubai: The iconic Burj Khalifa has... read more

Saudi central bank raises home buyers’ loan-to-value limit to 85%

2016-03-16 10:14:24

  Saudi Arabia’s central bank will allow mortgage companies to supply a greater share of funding for home purchases, raising the maximum permitted contribution to 85 per cent from 70... read more

Dubai tenant and landlord swindled by property agency as cheque bounces

2016-03-16 10:17:27

Mario Volpi   read more

Jumeirah Heights residents have aircon cut off for debts ‘incurred by earlier tenants’

2016-03-19 09:32:22

Emmanuel Samoglou   Jumeirah Heights residents are up in arms after their air conditioning was disconnected because of unpaid district cooling bills they say were incurred before they moved... read more

Even rains can be a hazard for UAE buildings

2016-03-19 09:59:11

It is not enough to future-proof against threats from fire and high temperatures By Rhys Steel, Special to Gulf News   The recent storms in the UAE have left some areas flooded and, as a... read more

Picking up distressed realty assets on the cheap

2016-03-19 10:01:03

Current soft market in Dubai is creating specific opportunities, says Select chief Image Credit: A.K Kallouche/Gulf News Rahail Aslam, Group CEO of Select Group, at a project under construction in... read more

Qatar tenants get no respite on rents

2016-03-19 10:02:11

Slowing economy is no reason for landlords to keep hiking rates Staff Report   Dubai: A slowing economy hasn’t had any sort of impact on Qatar’s residential rental market, with a... read more

Bengaluru among top picks for UAE’s wealthy

2016-03-19 10:03:13

Indian city joins London and New York as investment destinations, says Cluttons By Manoj Nair, Associate Editor   Dubai: London and New York are the top preferences of the UAE’s... read more

Dubai’s property down cycle finally over?

2016-03-16 10:08:54

Few locations show price upticks as ‘early bird’ investors start seeking good deals By Cleofe Maceda, Senior Web Reporter   Dubai: After months of decline, Dubai’s property... read more

Oman builders to restructure as losses mount

2016-03-16 10:10:19

Two of Oman’s biggest builders plan to restructure in a bid to cut costs as losses mount. Michael Fahy   read more

Qatar could face further World Cup 2022 infrastructure cutbacks

2016-03-16 09:52:23

Qatar’s property market could be heading for a correction if low oil prices continue to slow the country’s economy, a report warns. Lucy Barnard   read more

China Overseas buys Citic’s property assets for $4.8b

2016-03-16 09:53:41

It will sell 1.1b shares at HK$27.13 each to the Citic companies as part of the transaction Bloomberg   Beijing: China Overseas Land & Investment Ltd said it will buy the Chinese... read more

Sharjah introduces online payments system for contractors

2016-03-16 09:55:46

Sharjah’s government is introducing a new online payments service for contractors, which it has said will cut the time that companies wait for payment by half. Michael Fahy   read more

Meraas Holding said to seek $381m loan

2016-03-16 09:57:29

Marsa Al Seef project on the Dubai Creek includes three hotels, an open air museum, an amphitheatre, cafes and restaurants Bloomberg   Meraas Holding LLC, a state-backed property developer in... read more

Top 10 villas for sale on Dubai’s Palm Jumeirah – in pictures

2016-03-16 10:08:04

Stunning views, blue waters, spacious gardens and lavish interiors - the villas on Palm Jumeirah are the epitome of luxury. Take a look at 10 of the best currently on the market with... read more

Meydan secures Dh1.73b funding from QNB-CBI

2016-03-16 09:50:22

This will be used for key infrastructure related works at Meydan City development By Manoj Nair, Associate Editor   Dubai: The Meydan Group has tapped a $476 million (Dh1.73 billion)... read more

Office tenants can have some leeway in Business Bay

2016-03-13 06:33:52

Regular new supply and a two-tier submarket is giving tenants a slight upper hand Image Credit: Arshad Ali/Gulf News Archives Office locations in Business Bay are estimated at around Dh100 a square... read more

Dubai Expo 2020: Designs chosen for centrepiece pavilions

2016-03-13 07:25:37

Winning designs have been chosen for three of the major pavilions that will form a major part of Dubai’s Expo 2020 presence. Michael Fahy   The design chosen for the Opportunity pavilion... read more

Office rents in prime Dubai sites costly but rates fall elsewhere

2016-03-13 07:13:30

  Lucy Barnard   read more

Emaar increases retail rent in shopping spaces including The Dubai Mall

2016-03-13 07:18:29

Andrew Scott One of Dubai’s biggest landlords of shopping space has increased rents for retailers already tackling a slowdown in economic activity in the emirate. read more

Residents salvage belongings after storm damage

2016-03-13 07:04:07

Some New Dubai communities were hit hard by Wednesday’s floods Faisal Masudi, Staff Reporter   Dubai A day after the rainstorm, residents of many New Dubai communities on Thursday were... read more

Investors wait on Hong Kong realty to slip further

2016-03-10 07:39:16

Their fence sitting led to sales in February hitting a 25-year low Bloomberg   Hong Kong: Hong Kong residential home sales plunged 70 per cent in February from a year earlier to a 25-year... read more

Investors start chasing value in Dubai realty

2016-03-10 07:40:35

This has property values and demand coalesce around mid-market offerings By Sameer Lakhani, Special to Gulf News   In his famous play “Satire”, Juvenal asked the question that has... read more

A plain vanilla approach will not cut it any more

2016-03-13 06:30:38

Real estate development requires a dash of technology for a next-generation user By Craig Plumb, Special to Gulf News Dubai: Real estate is, by definition, a responsive industry. This poses two... read more

Having designs on Dubai’s latest mall in the making

2016-03-13 06:32:15

A 1.5m square feet mall in MBR City is in the design phase, says Emaar Image Credit: Zarina Fernandes/ Gulf News A scale model of the Dubai Hills project. Manoj Nair, Associate... read more

Mall with rooftop park coming to Dubai Canal

2016-03-13 06:51:25

More than 900 hotel rooms and 5,000 residential units to be built on the two banks of canal                             ... read more

Dubai developers keep building despite weak market

2016-03-10 07:37:07

Structural changes to the market, such as tighter regulations, fewer speculations, will ensure softer landing, say analysts Reuters   Dubai: Dubai developers are pressing ahead with their... read more

It’s not all subdued selling activity in Dubai

2016-03-10 07:30:19

In Q4-2015, some mid-tier communities recorded healthy gains in transactions Image Credit: Virendra Saklani/Gulf News Archives. Dubai saw more transactionsbetween the third andfourth quarters of... read more

The many variations on affordable property theme

2016-03-10 07:32:04

In Dubai, it tends to answer to a broad description and thus be self-defeating By Toby Young, Special to Gulf News   ‘Affordable’ is the buzzword in Dubai’s real estate... read more

Dubai slips in prime property rankings

2016-03-10 07:36:04

Knight Frank report assigns it a 96th spot among global cities Staff Report   Dubai: After being in the top echelons between 2012-14, Dubai slipped in the global city rankings for prime... read more

Another ‘tech city’ launched in Kerala

2016-02-23 11:45:13

Malabar Developers unveils Dh1.07b integrated IT township for Thrissur By Manoj Nair, Associate Editor   Dubai: “Tech cities” are the flavour of the week for the real estate sector... read more

Dubai property developers try new ways of attracting buyers as market remains in a rut

2016-02-23 10:49:26

Dubai property developers are offering increasingly generous terms to clinch sales in a softening market. Lucy Barnard and Michael Fahy read more

UAE property insurance premiums to soften despite blazes

2016-02-23 10:50:55

Property insurance premiums in the UAE could fall this year despite a spate of high-rise fires because of excess capacity in the market, a new report from Marsh shows. Sean Cronin read more

Sweett Group hit with Dh11.9m fine after being convicted of UAE bribery offence

2016-02-23 10:42:48

Michael Fahy The UK-based building consultancy Sweett Group was hit with a £2.25 million (Dh11.9m) fine after being convicted of a bribery offence which took place in the UAE. The company... read more

Dubai Properties launches affordable property scheme in Dubailand

2016-02-23 10:44:29

Dubai Properties Group has announced the launch of a new affordable housing project, Serena, in Dubailand. Michael Fahy read more

Construction disputes to rise in Middle East as cash tightens

2016-02-23 10:45:49

Arabtec’s disclosure that it is “vigorously seeking full recovery of receivables” owed is yet another sign that construction disputes in the region are set to rise as cash becomes... read more

Dubai builder Arabtec to be more selective in taking on work

2016-02-23 10:47:31

The UAE contractor Arabtec is adopting “a more selective approach to project tendering” after posting a preliminary loss of Dh2.3 billion in 2015, which it blamed on a difficult... read more

Dubai’s developers push ahead with high-profile launches

2016-02-23 11:46:35

Dubai Properties unveils Spanish-themed Serena community at Dubailand Image Credit: Dubai Properties Group master plan of Serena by Dubai Properties Group. Published: 17:28 February 21, 2016 By... read more

Damac to build luxury flats with car lifts next to Dubai Canal

2016-02-23 10:37:53

The property developer Damac is building new luxury flats next to the Dubai Canal, each with their own car lifts. The six-tower, 4 million square foot project, Aykon City, will be built on... read more

Contractors face slowdown in Abu Dhabi unless new projects come to market

2016-02-23 10:39:55

Abu Dhabi’s construction sector is set to outperform the emirate’s wider economy this year, but there are fears that not enough projects are coming to market to replace those being... read more

China to limit land available for homes in cities with property oversupply

2016-02-23 11:35:20

Edict affects land for homes by commercial developers; Part of measures to revive property industry, economy Edict affects land for homes by commercial developers; Part of measures to revive property... read more

Damac reports robust net profits for 2015

2016-02-13 08:54:14

Records Dh4.51b on revenues of Dh8.53b and states market fundamentals are intact By Manoj Nair, Associate Editor   Dubai: The Dubai based developer Damac booked upbeat revenues – Dh8.53... read more

Development costs touch Dh5.8b at Dubai Parks

2016-02-13 08:57:26

The project crosses the 70% mark on infrastructure as it heads for October opening Image Credit: Gulf News Archives Dubai Parks and Resorts contruction site visit in Jebel Ali Staff... read more

Rak Properties net profit up nearly 3% to Dh160m in 2015

2016-02-13 08:48:44

The company’s revenue for the previous year touched Dh367.8 million Staff Report   Dubai: Rak Properties recorded a profit of Dh160 million in 2015, up nearly 3 per cent from Dh155.7... read more

Emaar Properties 2015 net profit up 11%

2016-02-13 08:48:27

During 2015, demand for residential property in Dubai has been strong with total sales at Dh10.23 billion Image Credit: Gulf News Archive "Emaar has played an integral part in shaping the property... read more