news image


India’s real estate can be a winner

2020-03-23 07:02:00

Troubled times for other asset classes creates opportunity for NRI buyers Shajai Jacob, Special to Gulf News NRIs should give real estate in India a closer look... in times of uncertainty, the sector... read more

Aldar offers Dh100m in relief measures to tenants

2020-03-18 07:34:42

Easy installment schemes have been introduced, which also applies to schools it operates Sami Zaatari, Staff Reporter Tenants at Aldar communities and commercial properties will be able to pay rents... read more

Coronavirus impact: Dubai Holding, Meraas in Dh1b relief package

2020-03-18 07:33:26

Funds will be used to help out businesses and customers of the two Dubai enterprises Staff Report Meraas, the master-developer behind some of Dubai's prime residential and leisure destinations, will... read more

Danube pitches up with Dubai's first offplan launch in 2020

2020-03-15 05:14:59

Prices start at Dh299,000 for 'Olivz' project on Mohammed Bin Zayed Road Manoj Nair, Associate Editor Not just another offplan launch in Dubai. The Olivz from Danube is the first such launch this... read more

It's Sheikh Mohammed Bin Zayed's birthday today

2020-03-11 09:51:57

Web Report/Dubai   His Highness Sheikh Mohammed bin Rashid Al Maktoum shared a short poem on Twitter to wish Sheikh Mohamed.   UAE royals, citizens and residents alike have taken to... read more

Developers go slow with new launches, private sector leads

2020-03-15 05:20:26

Waheed Abbas/Dubai   Private sector developers lead while government-backed firms are going slow in terms of new project launches in Dubai, with increased focus on ongoing projects and... read more

Dubai's Jebel Ali Free Zone licence fees cut

2020-03-11 06:52:07

DP World, the owner, announces fee cuts of 50% to 70% Manoj Nair, Associate Editor Jebel Ali Free Zone is currently home to 7,500 businesses. Image Credit: Gulf News Archive Dubai: DP World,... read more

Emaar Hospitality suspends bookings at three hotels in Dubai

2020-03-10 13:32:33

This will extend until August 31 and comes amidst general slowdown in hotel sector Sarah Diaa, Staff Reporter Emaar has made a preemptive move to tackle ongoing slowdown in the hospitality sector. It... read more

Emaar Hospitality suspends bookings at three hotels in Dubai

2020-03-11 06:49:08

This will extend until August 31 and comes amidst general slowdown in hotel sector Sarah Diaa, Staff Reporter Emaar has made a preemptive move to tackle ongoing slowdown in the hospitality sector. It... read more

Expo 2020 Dubai: Have you seen 'The Lake of Expo'?

2020-03-10 08:09:55

The Lake of Expo picture was recently shared on social media by the official Expo account Yousra Zaki, Web Features Editor Image Credit: Dubai: With less than one year... read more

For Dubai developers, going for niches are what matters

2020-03-10 08:02:37

Buyer affordability will continue to be a key theme even with more homes being delivered Esha Nag, Property Weekly Editor This year more than 50,000 new homes could be added to Dubai's property... read more

Expo 2020 Dubai ‘on track’ despite coronavirus

2020-03-09 05:33:12

Spokesperson says organizers are consulting very closely with authorities Bloomberg An aerial view taken after the recent crowning of Al Wasl dome shows the progress of construction at the Expo 2020... read more

Mega projects investments in Gulf hit $1 trillion

2020-03-05 08:01:48

Mega projects remain important for Gulf region, new report says Staff Report Dubai: The age of the “mega-projects” is not over in the Gulf — in fact, there are nearly $1 trillion... read more

UAE online sales feed demand for industrial property

2020-03-05 08:00:15

Industrial real estate is becoming a hot-ticket item because of digital economy The promoters of Manrre Logistics Fund, including Manohar Lahori, with senior Nasdaq Dubai officials at the listing of... read more

UAE property can scale up via a tech boost

2020-03-05 07:58:36

Developers can deploy new concepts such as AI to aid selling and building homes Farhad Azizi, Special to Gulf News There's nothing like bringing in virtual reality and AI to spruce up a real estate... read more

Dubai holiday homes get a corona-sized chill

2020-03-05 07:57:00

Slow bookings and cancellations force operators to cut rates, often to half Esha Nag, Property Weekly Editor Holiday home in Palm Jumeirah.Image Credit: Supplied Dubai: Holiday home businesses in... read more

Expo 2020 Dubai ‘following coronavirus situation closely’

2020-03-09 05:31:26

Spokesperson says they are working closely with MoHP to apply guidance Reuters An aerial view taken after the recent crowning of Al Wasl dome shows the progress of construction at the Expo 2020 site... read more

AR Rahman talent hunt in the UAE for Expo 2020

2020-03-09 05:29:31

Irish Eden Belleza, Videographer  and  Manjusha Radhakrishnan, Chief Reporter   Oscar-winning Indian composer AR Rahman will spearhead a nation-wide talent hunt for an... read more

Expo 2020 Dubai: AR Rahman to hunt for all-women orchestra in the UAE

2020-03-09 05:25:38

The Oscar-winning musician will also launch the Firdaus Studio at the Expo 2020 site Manjusha Radhakrishnan, Chief Reporter A.R RahmanImage Credit: AFP Oscar-winning Indian composer AR Rahman will... read more

Dubai's 3D printed office bags Guinness World Record

2020-02-27 07:21:59

Overall, it took 17 days to print, two days to install and three months to build Gulf News Web Report 1 of 12 Dubai Future Foundation (DFF) was officially recognised as a new Guinness World Records... read more

Dubai and UAE score big in high-profile global rankings

2020-02-27 07:24:38

Dubai places 5th worldwide among the best cities for expats to work and live Manoj Nair, Associate Editor  and  Compiled by Nathaniel Lacsina, Digital Content Producer   1... read more

Dubai residential buildings cannot feature ads any longer

2020-02-25 09:17:52

Emirate issues Decree with strict rules on outdoor advertising and where it can be placed Staff Report Dubai issues tougher regulations on advertising and the messages they carry. Image Credit:... read more

Chinese investment in UAE realty on back burner

2020-02-27 07:42:50

UAE real estate companies say that they have not faced any payment challenges from existing buyers from China. (File photo) Developers not banking on Chinese buyers in new projects for now... read more

Damac sees erosion in 2019 revenue to Dh4.4b

2020-02-26 10:13:54

Foreign, UAE investors rush to revive delayed mid-rise projects in emirate Manoj Nair, Associate Editor Mid-market communities such as Jumeirah Village Circle and Arjan has been of particular... read more

Why Indians, Pakistanis are racing to pick up stalled Dubai projects

2020-02-26 10:19:26

Foreign, UAE investors rush to revive delayed mid-rise projects in emirate Manoj Nair, Associate Editor Mid-market communities such as Jumeirah Village Circle and Arjan has been of particular... read more

Commercial realty sector seen as huge contributor to UAE's economic growth

2020-02-27 07:40:54

AI led digital transformation is taking shape in the UAE's commercial real estate sector. Building operations generate huge quantities of data. The commercial real estate industry in the... read more

Ramadan 2020: 60 days until Holy Month starts in April

2020-02-24 06:35:58

Muslims in the UAE will fast for up to 14 hours and 58 minutes during Ramadan 2020 Mariam M. Al Serkal, Web Chief Reporter In this photograph taken on August 10, an official from the State Islamic... read more

Samana Developers launches Dh100 million Golf Avenue project with 50% finance facility

2020-02-24 11:22:46

Located in Dubai Studio City, Golf Avenue has been designed with resort style features GN Focus Report Samana Golf Avenue features 233 luxury studios, one and two-bedroom apartments Image... read more

Are you a tenant in Dubai, here's how to get your security deposit back

2020-02-23 08:22:37

Tenants have every right to get their security deposit back in full Anjana Kumar, Senior Web Reporter Guidelines on how to get your security deposit back in the UAE Image Credit: Gulf News... read more

Arada unveils Madar at Aljada, Sharjah's newest family entertainment destination

2020-02-27 07:39:33

Staff Report/Sharjah (Supplied) Madar, a new leisure destination, is all set to open its doors to the public for the first time on February 27 during a launch weekend that will be packed with... read more

Abu Dhabi to introduce new regulations for holiday homes

2020-02-23 08:00:38

Emirate to start regulating rapidly growing tourism accommodation sector Staff Report An Ariel view of Abu Dhabi skyline along the corniche. The Department of Culture and Tourism - Abu Dhabi (DCT Abu... read more

Handing cash won’t solve Paris home prices

2020-02-23 07:58:44

But politicians cannot seem to think beyond promises and instant gratification By Lionel Laurent Paris property values have skyrocketed, and it will take much more than cash handouts to make homes... read more

UAE offices can do with a bit of ‘opening’ up

2020-02-23 07:56:58

Larger workspaces and open layouts are what tenants want more of Matthew Dadd, Special to Gulf News Clear sightlines across a large area - that's what today's ideal workspaces aspire for. Image for... read more

Court verdict on Marina 101 may end investors' agony

2020-02-20 06:08:39

Marina 101's 42 floors will feature exclusive hotel apartments. - KT file photo Collectively, the three lenders had given the developer a term loan of Dh349 million under club deal... read more

Newcomers to UAE prefer to play safe by renting

2020-02-23 07:54:45

Under pressure property values are the prompt behind renting rather than buy Esha Nag, Property Weekly Editor Newcomers to the UAE prefer going the rental route rather than buy. Under pressure rents... read more

UAE’s mission to mars: last metal piece of Hope Probe installed

2020-02-19 06:05:52

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and... read more

Starry-eyed UAE school students meet Lionel Messi at Expo 2020 site

2020-02-19 04:59:29

It was very enjoyable to meet and spend time with the students, superstar says Staff Report Image Credit: Supplied Dubai: Ten lucky school students from across the UAE won a once-in-lifetime chance... read more

India should investigate tax abuse within the country

2020-02-19 13:11:36

They are wasting their energies chasing overseas wealth held by resident Indians By Atif Rahman, Special to Gulf News Indian government should look within the country to chase tax breaches,... read more

In pictures: Autonomous jetman takes flight in Dubai in first Expo 2020 mission

2020-02-19 13:07:59

Travelling at 240-km/h, he climbed 100-metres in eight seconds reaching 1,800-metres Ashley Hammond, Chief Reporter 1 of 5 Dubai: Expo 2020 Dubai and Jetman Dubai have accomplished another world... read more

For luxury home buyers, there is more than Emirates Hills to pick

2020-02-17 11:44:16

District One too is now a happening destination as far as investors are concerned Esha Nag District One is finding a lot of traction with luxury buyers. This is a trend that should continue through... read more

The height of luxury in Dubai's property market

2020-02-17 06:24:25

Palma places Dh55m penthouse on market at its Serenia Residences Manoj Nair, Associate Editor 1 of 7 The real deal - One of three 'Presidential Suites' at the Serenia Residences on the Palm. The... read more

This 15,000-sqft flat on Dubai Palm yours for Dh55 million today

2020-02-17 06:21:25

Dubai's luxury residential market has been seeing some heavy deal-making in recent months Manoj Nair, Associate Editor This is not a computer-generated image, but the real deal. Palma's new... read more

Arabtec swings to Dh774.5m loss in 2019

2020-02-20 06:05:02

(Photo by Rahul Gajjar)  Arabtec Holding reported on Sunday a Dh774.5 million net loss in 2019, citing weaker income from its construction business amid tighter liquidity in the... read more

See 9 cheapest areas to live in Sharjah and average rents here

2020-02-23 07:50:10

See cheap rents of apartments in Sharjah, also find average prices here Anjana Kumar, Senior Web Reporter 1 of 10 Sharjah rents have been dropping consistently. In 2020 rents are likely to drop... read more

RTA opens last two phases of roads leading to Expo 2020 Dubai

2020-02-19 13:03:04

Now drive from Al Houdh Interchange to Al Maktoum Airport in just 6 minutes Staff Report RTA opens last two phases of roads leading to Expo Image Credit: Supplied Dubai: Dubai’s Roads and... read more

Union Properties slips into Dh218.8m loss

2020-02-17 06:21:50

Paying out subsidiaries’ loans was a major factor in the loss making Staff Report One of Union Properties' signature communities - Uptown Mirdif. The developer recorded losses of Dh218.8... read more

Indian and Pakistani investors in Dubai watch out, taxmen are behind you

2020-02-17 06:16:48

Tax authorities in India and Pakistan scan assets held abroad by their residents Manoj Nair, Associate Editor Indian and Pakistani investors have been heavy hitters in Dubai's real estate. Tighter... read more

Special packages for Africa unveiled at a roadshow in Addis Ababa to promote Expo 2020

2020-02-19 13:00:49

Some 54 African states learn how they can benefit from upcoming Expo 2020 Dubai Ashfaq Ahmed, Associate Editor - Online Sajid Barkat, CEO, AS World Group and Ndiaye Ramatoulaye Diallo, Minister of... read more

Emaar records Dh6.2b in 2019 net profit

2020-02-17 06:10:26

Dubai developer has sales backlog of Dh33 billion from within the UAE Staff Report Burj Khalifa, Emaar's flagship development. Net profit for Emaar Properties remained flat, totalling Dh6.2 billion... read more

More than 10,000 take bus tour to Expo 2020 Dubai site

2020-02-19 12:57:39

‘The World’s Greatest Show in the Making’ bus tours welcome 120-plus nationalities Staff Report Eight months ahead of Expo, organisers have welcomed more than 10,000 visitors to the... read more

The Expo 2020 Dubai countdown: What is the approach to short-term hiring

2020-02-19 12:51:31

Peter Cleverton, the General Manager, EMEA at HireRight gives us his insight Staff Report Image Credit: Supplied With Expo 2020 Dubai under a year away, thoughts are turning to 20 October 2020,... read more

Aldar nets Dh1.98b in 2019 profit

2020-02-17 06:07:42

Recommends cash dividend of Dh0.145 and 4% higher on 2018 Staff Report Sustained demand for its recent launches ensured Aldar Properties closed 2019 with a profit gain. File picture of a model of... read more

Deyaar records accumulated losses of Dh1.5b

2020-02-12 08:09:25

Developer plans a capital reduction strategy to offset these losses Manoj Nair, Associate Editor The Deyaar stand at a property exhibition. Image Credit: Supplied Dubai: Deyaar has confirmed... read more

Developers continue to tweak payment schemes to attract first-time homebuyers

2020-02-11 14:10:01

From Dh3m, analysts say more affordable options now start at around Dh1m Hina Navin, Special to Property Weekly Jumeirah Village Circle is a good location for house-hunters because of the variety of... read more

UAE to get new family entertainment destination

2020-02-11 14:00:20

Wam/Sharjah Includes more than 5,000 trees and 800 car spaces. Arada, a property development company based in Sharjah, has announced that the first phase of Madar, a family-focused... read more

New city in Fujairah completed at a cost of Dh1.9 billion

2020-02-11 07:43:52

1,100 villas over 2.2 square km will house around 7,000 citizens Ashley Hammond, Chief Reporter President His Highness Sheikh Khalifa Bin Zayed Al Nahyan (left), and His Highness Sheikh Mohamed Bin... read more

Abu Dhabi company in Dh1b property deal

2020-02-11 07:40:55

ESIC acquires 1,352 residential and commercial units, funded through a recent Sukuk Staff Report A generic image of Abu Dhabi's skyline. Mega deals such as the one by ESIC will generate significant... read more

Damac sees erosion in 2019 revenue to Dh4.4b

2020-02-11 06:14:21

Dubai developer booked sales of Dh3.1b during the year and delivered 4,700 homes Staff Report The Damac Hills community lights up. The developer handed over 4,700 homes last year. Damac Properties... read more

10 cheap places to rent a one-bedroom apartment in Dubai under Dh50,000

2020-02-10 12:41:55

Dubai is a sought after destination for work, we bring 9 cheap places to rent in the city Anjana Kumar, Senior Web Reporter AL QUSAIS: Average rent hover around Dh32,000. The rent could be higher or... read more

Sharjah: It's the one big plus for UAE property

2020-02-10 12:36:23

It’s not just off-plan driving numbers, even secondary sale prices are in plus mode Manoj Nair, Associate Editor   A bird's eye view of Sharjah's high-rise cluster. The property market... read more

Revealed: First look at Expo 2020 Dubai’s entry portals

2020-02-11 09:10:05

The three Expo Entry Portals that will welcome millions of visitors from aroun Yousra Zaki, Web Features Editor 1 of 10 Conceived by Expo 2020 in collaboration with top British architect Asif Khan... read more

Expo 2020 Dubai reveals huge entry portals to site

2020-02-11 09:14:11

21-m high doors, woven from carbon-fibre strands, are designed by UK architect Asif Khan Staff Report The Expo 2020 Dubai Entry Portals designed by Asif Khan - COURTESY Hélène... read more

Sharjah: New residential hubs emerge

2020-02-18 13:59:28

Nearly Dh16.7 billion residential transactions were recorded in Sharjah in 2019 Manoj Nair, Associate Editor 1 of 14 GRADUAL SHIFT: In the last 12 months, there was a gradual shift in housing demand... read more

Three locations make up half of Dubai luxury home sales

2020-02-09 09:53:20

MBR City is now at the top for both offplan and secondary market deals Staff Report   The Meydan-Sobha project site in MBR City. MBR City is now at the top for both offplan and secondary market... read more

Uncle Fluffy: Why this is the best franchise to buy in 2020

2020-02-11 08:51:06

A pioneer in mouthwatering Japanese cheesecake is offering franchises at affordable costs Noni Edwards | Special to Reach by GN Owning a franchise lets you start-up, working with an established... read more

Photos: Two-day Sindh Livestock Expo 2020 in Hyderabad

2020-02-11 08:18:49

The expo is aimed at promoting livestock farming in the province Compiled by Christian Borbon, Digital Content Producer 1 of 9 Animal breaders and traders from all over Pakistan walk with their... read more

Oscars 2020: A sneak peak into winners' $100k Swag Bag

2020-02-11 08:11:29

Here are some of the most expensive gifts the A-list will reportedly be treated with IANS The 92nd Oscars ceremony will be held on February 9 at the Dolby Theatre in Hollywood, California. Image... read more

Expo 2020 Dubai announces it will host the 5th Aqdar World Summit

2020-02-11 08:06:00

Summit to discuss critical topics related to the development of individuals and societies Gulf News Web Report Expo 2020 picture for illustrative purposesImage Credit: Gulf News Archives Expo 2020... read more

Expo 2020 Dubai and the Ministries of Interior and Defence sign two agreements

2020-02-11 08:06:31

Mohammed bin Rashid and Mohamed bin Zayed were at the signings Gulf News Web Report His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of... read more

UAE construction puts up safeguards against China virus impact

2020-02-09 05:26:26

There are concerns some projects could get hit with delayed shipments of materials Manoj Nair, Associate Editor This is going to be a 'peak year' for UAE construction sector. If the virus outbreak in... read more

Mumbai wants to tax your garbage as well

2020-02-09 05:23:49

Cash-strapped Indian city is planning new ways to raise revenues Bloomberg Extending key roadways in Mumbai is forcing the city to come up with higher taxes, including on garbage collection.Image... read more

Dubai group offers to fund India’s OYO

2020-02-06 09:21:43

In an open offer, IBC Group says it will fund and take in employees of OYO By Manoj Nair, Associate Editor Ritesh Agarwal, founder and CEO of OYO, has been one of India's digital stars. OYO offers... read more

Dubai’s real estate data will need filters

2020-02-06 06:11:17

Without such filtering, the findings show up in stark black and white terms By Sameer Lakhani, Special to Gulf News   Ideally, the tracking of primary and secondary market sales... read more

Drake & Scull's main investor dismisses ex-CEO's claims

2020-02-06 06:10:09

Tabarak Investment says no truth to Khaldoun Tabari’s claim about winning in court By Manoj Nair, Associate Editor  Things are hotting up for Drake & Scull International, as the... read more

Ex-Drake & Scull chief fires back at new criminal charges

2020-02-05 05:30:12

Says construction company’s losses have to do with industry and economy, not fund misuse By Manoj Nair, Associate Editor   Khaldoun Al Tabari, currently based in Jordan, fires off... read more

Lease office space in Dubai at Dh500

2020-02-04 08:26:40

Co-working is now offering rate options for businesses never there earlier By Manoj Nair, Associate Editor   Businesses or individuals can share space at some of Dubai's swankiest office... read more

Sobha sets sales target of Dh2.5b in 2020

2020-02-05 05:18:53

Once again, Hartland project will be central to meeting its plans Staff Report A villa at the Hartland. Sobha will again try to get the luxury investor's attention for its sprawling project in MBR... read more

Dubai Marina, other iconic locations remain popular with new Dubai tenants

2020-02-05 05:19:51

Residents find value rental deals in Dubai Marina, Downtown Dubai, Palm Jumeirah Staff Report    Average apartment rental price in Dubai Marina last year was Dh98,405Image Credit:... read more

Dubai races to complete 160,000 hotel rooms by October

2020-02-05 05:22:04

As competition increases, trends focus on hyper-personalised rooms, sustainability Esha Nag, Property Weekly Editor   Taj Jumeirah Lakes Towers, which opened in December, has introduced... read more

Dubai’s real estate sector has demonstrated its resilience - DLD

2020-02-05 05:26:15

Dubai’s real estate turnover rose to AED228 billion in 2019 Staff Report   Dubai: The Director General of the Dubai Land Department, Sultan Butti bin Mejren, said Dubai’s real... read more

Prime London's inherent appeal for UAE's buyers

2020-02-05 06:00:15

Alex Casaki   (AFP)     Over the last few years, we have witnessed a strong interest in prime central London properties from UAE buyers benefiting from attractive exchange... read more

Dubai likely to focus new developments in key pockets

2020-02-05 06:01:36

Waheed Abbas   (Wam)     There are still pockets in Dubai which can be developed under better urbanisation plan rather than pushing the boundaries of the city to bring balance... read more

Dubai South, Jebel Ali ink deal on goods

2020-02-04 08:27:00

This allows easy movement of goods between the free zones, especially for Expo work Staff Report New deal with Dubai South will be crucial in the smooth flow of Expo-related goods in the coming... read more

Planning retirement or investment in property in Thailand? Here’s all you need to know

2020-02-04 08:27:56

It is a country with unique property laws and non-residents have limited purchasing powers Mick O'Reilly, Foreign Correspondent   Ao Nang, ThailandImage Credit: Stock Image Thailand is a top... read more

Property buyers get all-clear on Brexit

2020-02-04 08:28:22

Fourth quarter sees clear spike in deals for 5 million pound properties Manoj Nair, Associate Editor   The bitter campaigns that led to the Brexit vote and subsequent elections are all in... read more

ENBD REIT calls shareholder meet on Feb. 12

2020-02-04 08:29:12

Shareholders will get to decide whether to approve transition into a private structure Staff Report Anthony Taylor, Head of Real Estate at Emirates NBD Asset Management. ENBD Reit is calling in... read more

Dubai tenants will continue to have upper hand in 2020

2020-02-04 08:11:24

Analysts say supply levels will keep rental prices in the emirate competitive Hina Navin, Special to Property Weekly   Image Credit: Gulf News Archives With plenty of supply in the market,... read more

Latest Pictures: Dubai is ready to welcome the world for Expo 2020

2020-02-17 06:14:40

Venue for world’s biggest party getting prepped up for opening on October 20, 2020 Yousra Zaki, Web Features Editor  and  Compiled by Christian Borbon, Digital Content... read more

UAE hospitality 'ever-evolving' in the run-up to Expo 2020 Dubai

2020-01-23 13:40:42

Dubai received 8.36 million international overnight visitors in the first-half of 2019. (Photo by Shihab)     As the UAE prepares to welcome millions of visitors from around the... read more

Look: Dubai’s smartest building

2018-06-23 05:30:22

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 05:31:39

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 04:32:16

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 07:04:38

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 06:59:07

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 06:57:22

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 06:55:30

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 04:12:20

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 04:15:46

Michael Fahy read more

UAE a leader in sustainable buildings, says Core Savills

2017-06-13 03:54:32

Michael Fahy read more

Eagle Hills to build new hotel and gated community in Fujairah

2017-06-13 03:58:30

Michael Fahy read more

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

2017-06-13 04:08:09

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 04:10:37

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 03:37:22

Michael Fahy read more

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

2017-06-13 03:45:41

Lucy Barnard read more

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

2017-06-13 03:32:25

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 05:03:04

Lucy Barnard read more

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

2017-06-07 01:41:35

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 02:22:02

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 05:01:44

Michael Fahy read more

Parking is prime in Hong Kong property market

2017-05-25 04:54:54

* Reuters   \ read more

Damac Properties managing director Ziad El Chaar resigns

2017-05-25 04:58:19

Mahmoud Kassem read more

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

2017-05-21 07:34:37

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 07:23:55

Mario Volpi read more

Evicted tenant is refusing to vacate Dubai property

2017-05-23 01:43:11

Mario Volpi read more

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

2017-05-25 04:49:27

Michael Fahy read more

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

2017-05-17 07:43:44

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 07:11:18

John Everington read more

Eshraq Properties reports smaller loss for quarter

2017-05-15 09:00:05

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 03:15:10

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 03:21:53

John Everington read more

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

2017-05-15 03:07:29

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 03:33:51

Sananda Sahoo read more

Emaar residential launches lift profit amid ‘positive economy’

2017-05-15 03:36:53

LeAnne Graves read more

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

2017-05-15 03:41:14

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 05:24:16

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 05:27:46

Rebecca Bundhun read more

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

2017-05-14 05:31:28

Sananda Sahoo read more

Arabtec appointment of Appleby wraps up key management roles

2017-05-13 04:45:23

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 04:49:04

Mario Volpi read more

Land and property sales keep Aldar profit ahead of forecast

2017-05-13 04:42:59

Lucy Barnard read more

Emirates Reit reports lower first-quarter profit

2017-05-10 05:48:43

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 05:50:58

Lucy Barnard read more

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

2017-05-13 04:26:50

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 09:30:25

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 05:41:43

Lucy Barnard read more

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

2017-05-10 05:46:12

Lucy Barnard read more

Rera legislation in India a leveller of playing field

2017-05-07 07:32:13

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 07:35:31

Rebecca Bundhun   read more

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

2017-05-07 07:18:42

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 07:22:05

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 07:26:38

Lucy Barnard   read more

Weak demand and increasing supply hurt prospects for Abu Dhabi property

2017-05-07 06:44:46

Michael Fahy read more

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

2017-05-07 06:58:24

Mario Volpi read more

Arabtec plans to get rights issue sorted this month

2017-05-03 04:23:05

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 04:26:48

Chris Nelson read more

Cheap digs for global billionaires in Dubai

2017-05-03 04:32:29

Lucy Barnard read more

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

2017-05-03 04:46:01

Anwar Ahmad read more

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

2017-03-08 03:09:47

Mario Volpi read more

Bangkok ‘Ghost Tower’ remains a chilling reminder for Thais

2017-03-08 03:24:08

* 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 03:28:29

Michael Fahy read more

UK builder Carillion muted on prospects for Gulf construction

2017-03-08 03:38:47

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 03:42:33

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 02:07:50

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 02:07:34

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 07:01:36

hris Nelson read more

Emirates Reit reports lower profit as value of portfolio matures

2017-02-28 03:31:25

Michael Fahy read more

Bloom and Foundation sign joint venture deal to build staff accommodation

2017-02-28 09:04:50

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 09:08:48

Lucy Barnard read more

GCC leads the way in smart approach to development

2017-02-28 09:12:45

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 09:17:07

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 09:20:18

Chris Nelson read more

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

2017-02-27 02:15:10

Lucy Barnard read more

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

2017-02-27 02:18:55

Michael Fahy read more

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

2017-02-26 08:13:25

Frank Kane read more

Al Gergawi to leave Dubai Holding post

2017-02-26 08:16:47

Michael Fahy read more

Chief executive of Arabtec’s construction unit to step down

2017-02-26 07:40:02

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 07:43:34

Michael Fahy read more

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

2017-02-26 08:07:18

Anwar Ahmad read more

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

2017-02-23 04:39:52

Mario Volpi read more

Arabtec gains regulatory approval for capital restructuring plan

2017-02-23 04:43:45

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 04:47:53

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 07:12:16

Mario Volpi read more

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

2017-02-23 04:31:28

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 04:36:22

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 04:10:37

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 04:17:30

Michael Fahy read more

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

2017-02-23 04:22:32

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 04:25:16

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 04:28:24

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 04:01:20

Michael Fahy read more

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

2017-02-23 04:06:07

Michael Fahy read more

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

2017-02-16 07:30:09

Lucy Barnard read more

Nakheel begins work on Ibn Battuta mall expansion

2017-02-16 07:16:57

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 07:20:53

Lucy Barnard read more

Property broker Asteco expects Abu Dhabi rents to fall

2017-02-16 07:27:13

Lucy Barnard read more

Damac Properties’ fourth-quarter net profit rises 1.3%

2017-02-16 06:46:25

* Reuters   read more

Arkan Building Materials annual profit declines 25%

2017-02-16 06:53:20

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 06:55:28

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 06:58:06

* Reuters read more

Contractor Drake & Scull to raise capital after loss

2017-02-16 07:01:59

Lucy Barnard read more

Aldar to focus on mid-market this year

2017-02-16 07:09:48

Lucy Barnard read more

Signs of momentum for Dubai property sector

2017-02-16 07:13:30

Lucy Barnard read more

London’s Trafalgar Square now an admirable luxury property hotspot

2017-02-13 10:01:37

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 10:06:58

Lucy Barnard read more

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

2017-02-13 10:10:03

Lucy Barnard read more

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

2017-02-13 09:58:18

Lucy Barnard read more

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

2017-02-13 09:51:05

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 09:55:33

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 09:24:20

Lucy Barnard read more

House prices tumble in London’s most expensive neighbourhoods

2017-02-13 09:27:23

* Bloomberg   read more

Property resale registration fees illegal in Abu Dhabi

2017-02-13 09:32:04

Mario Volpi read more

First phase of aerospace facility completed at Dubai South

2017-02-13 09:35:06

Dania Saadi read more

Manazel plans major tourism project in Ghantoot

2017-02-13 09:45:54

Lucy Barnard read more

UK house prices drop for first time since Brexit

2017-02-08 08:20:58

Reuters   read more

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

2017-02-13 09:15:38

Michael Fahy read more

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

2017-02-13 09:20:00

Michael Fahy read more

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

2017-02-08 08:15:36

Lucy Barnard read more

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

2017-02-08 08:18:39

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 06:02:56

Andrew Scott read more

UAE’s first residential Reit launched

2017-02-07 09:54:34

Lucy Barnard read more

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

2017-02-08 08:11:51

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 06:14:36

Rebecca Bundhun read more

India government moves to boost affordable housing

2017-02-05 06:20:23

Rebecca Bundhun read more

Al Maryah Central mall developer seeks tower funds

2017-02-05 06:24:16

Lucy Barnard read more

Sawiris raw as deal for Greek islands for refugees falls flat

2017-02-05 05:57:08

Lucy Barnard read more

Dubai property headed for an upturn, forecasts Knight Frank

2017-02-05 06:04:24

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 06:09:28

Lucy Barnard read more

Property handovers and retail expansion drive Nakheel to record figures

2017-02-02 07:38:23

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 07:41:29

Lucy Barnard read more

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

2017-02-01 07:03:35

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 06:42:22

Michael Fahy read more

Rules hold back development of co-working space in Dubai

2017-02-01 06:48:02

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 06:54:49

Michael Fahy read more

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

2017-01-30 06:55:34

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 02:52:47

Lucy Barnard read more

London property remains in demand even as bankers head for exit

2017-01-29 07:03:12

Michael Fahy read more

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

2017-01-29 08:06:49

Alex Dobuzinskis read more

CBRE seeks Middle East buyer for prime London shopping centre

2017-01-30 03:08:46

Michael Fahy read more

Dubai mortgage market doubles in size over seven-year period

2017-01-30 03:23:38

Michael Fahy read more

Disabled code for Dubai buildings on track

2017-01-29 03:49:51

Michael Fahy read more

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

2017-01-26 06:42:55

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 08:06:53

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 08:09:05

Lucy Barnard read more

Dubai renter unsure whether to write cheque to agency or landlord

2017-01-25 08:14:13

Mario Volpi read more

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

2017-01-26 06:32:25

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 06:07:58

Lucy Barnard read more

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

2017-01-24 06:18:28

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 03:38:43

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 04:32:45

Lucy Barnard read more

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

2017-01-23 05:59:05

The National staff read more

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

2017-01-23 06:05:11

Michael Fahy read more

Eshraq focuses on Abu Dhabi and Dubai projects as construction starts

2017-01-24 01:27:20

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 01:31:31

Sananda Sahoo read more

Deyaar set to develop mixed-used project in Dubai South

2017-01-22 08:42:06

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 08:44:59

Michael Fahy read more

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

2017-01-22 01:39:54

Michael Fahy read more

Buy this €5m Algarve villa and get Portuguese residency

2017-01-21 05:16:14

Andrew Scott read more

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

2017-01-21 03:53:40

Mario Volpi read more

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

2017-01-21 05:07:23

Michael Fahy read more

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

2017-01-21 05:11:46

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 05:57:49

Michael Fahy read more

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

2017-01-09 04:10:05

Lukman Hajje read more

UK rise in inherited wealth likely to widen inequality gap

2017-01-05 07:34:35

* Bloomberg   read more

The Dh84m traditional London home with an oligarch’s upgrade

2017-01-09 03:52:24

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 03:57:42

Michael Fahy read more

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

2017-01-04 09:38:55

Mario Volpi read more

Dubai World Trade Centre awards construction contract to Al Futtaim Carillion

2017-01-04 09:42:37

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 07:28:36

Mahmoud Kassem read more

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

2017-01-04 09:30:49

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 09:35:19

Michael Fahy read more

Qatari construction firm IHG to raise more than Dh500m through IPO

2017-01-03 03:56:03

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 09:25:05

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 04:14:24

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 04:13:41

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 04:15:35

* 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 04:15:07

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 04:14:45

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 04:16:37

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 04:15:56

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 04:16:16

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 06:27:29

Michael Fahy read more

Abu Dhabi landlords weigh options of reintroduced rent cap

2016-12-28 06:30:09

Lucy Barnard read more

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

2017-01-09 04:17:04

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 06:09:53

Michael Fahy read more

Aldar’s Shams Meera project on Reem Island – video

2016-12-28 06:04:31

    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 05:34:59

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 05:57:26

Sananda Sahoo read more

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

2016-12-26 07:35:31

Mario Volpi read more

Racing themed-park revived by developer Union Properties

2016-12-26 08:18:08

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 08:25:10

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 01:51:21

Lucy Barnard read more

New supply to lower Dubai suburban rents in 2017

2016-12-20 07:13:44

Lucy Barnard read more

UDC to build two towers on Pearl-Qatar

2016-12-20 07:15:16

Lucy Barnard read more

Revenue rises at Nakheel’s Ibn Battuta Mall in Dubai

2016-12-20 07:10:53

Andrew Scott read more

Pedestrianisation of Palm Jumeirah to start next year

2016-12-20 07:12:04

Andrew Scott read more

Mortgage costs will rise, but not immediately

2016-12-17 05:32:53

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 05:37:48

Michael Fahy   read more

Kerzner to build Atlantis hotel in Hawaii

2016-12-17 02:47:19

Sananda Sahoo read more

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

2016-12-15 03:55:50

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 03:56:49

Lucy Barnard   read more

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

2016-12-15 03:54:44

Lucy Barnard   read more

India’s cash games may hit Dubai property sales

2016-12-15 03:53:41

Rebecca Bundhun   read more

The Dh146m Emirates Hills family home for the elite

2016-12-09 08:10:22

read more

Drake & Scull appoints PwC to review financial liabilities

2016-12-09 08:12:30

read more

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

2016-12-09 07:57:42

read more

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

2016-12-09 08:00:27

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 08:02:07

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 08:04:06

read more

Qatar to spend $13 billion on megaprojects in 2017

2016-12-09 07:53:26

read more

Adnoc awards Hill International Dh57m facilities management deal

2016-12-09 07:55:21

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 07:55:25

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 07:51:27

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 09:46:38

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 09:48:50

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 09:50:58

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 09:53:41

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 08:50:47

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 09:32:29

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 09:39:58

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 09:19:14

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 09:21:47

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 09:24:25

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 09:28:40

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 07:43:02

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

Land prices are firming up again in Dubai

2016-11-16 08:49:54

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 08:54:22

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 06:14:09

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 04:08:18

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 04:43:32

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 04:55:37

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 08:23:35

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 09:31:12

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 01:32:33

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 01:32:46

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 07:48:34

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 07:50:41

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 07:52:47

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 07:54:49

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 07:43:28

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 07:45:56

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 07:00:26

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 07:36:19

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 10:26:22

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 10:20:28

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 10:17:47

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 05:00:25

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 06:10:57

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 10:09:47

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 03:24:51

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 08:48:26

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 08:50:54

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 03:17:03

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 08:46:46

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 07:18:52

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 06:39:45

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 06:40:53

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 06:41:49

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 07:17:24

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 07:18:11

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 06:38:39

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 06:37:35

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 06:35:26

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 06:36:18

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 06:26:11

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 06:27:08

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 06:27:56

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 06:28:40

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 06:29:37

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 06:32:12

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 09:48:16

Lucy Barnard read more

Nakheel opens beachfront restaurant strip at Palm Jumeirah

2016-10-11 09:40:29

The National staff read more

Demand shrinks for large offices in Dubai

2016-10-11 09:42:28

Lucy Barnard read more

New era for DSI as Tabari steps down

2016-10-11 09:44:15

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 09:46:11

Sean Cronin read more

Uncertainty hovers over Saudi Arabia residential property market

2016-10-11 09:35:12

Lucy Barnard read more

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

2016-10-11 09:38:21

Michael Fahy read more

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

2016-10-11 09:33:42

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 09:29:38

Michael Fahy read more

Manhattan apartment sales tumble amid wary buyers and growing choice

2016-10-04 07:31:02

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 07:31:58

Lucy Barnard   read more

Dubai’s tenants get onto the property ladder

2016-10-04 09:38:45

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 09:39:58

Michael Fahy   read more

Saudi Binladin’s cash flow crisis starts to ease

2016-10-05 02:07:28

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 02:14:02

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 02:16:26

Michael Fahy   read more

Dubai’s tenants get onto the property ladder

2016-10-05 02:52:51

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 07:27:08

Bloomberg   read more

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

2016-10-04 07:28:15

Michael Fahy   read more

Dubai South launches will force a reset of prices

2016-10-04 07:23:11

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 07:24:00

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 07:24:59

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 07:20:59

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 07:21:57

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 07:19:57

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 10:06:51

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 03:42:18

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 05:37:28

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 05:39:28

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 05:50:47

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 05:52:44

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 06:00:39

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 09:42:21

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 03:34:26

Michael Fahy read more

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

2016-09-21 03:37:21

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 03:53:44

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 02:58:22

  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 03:06:20

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 03:07:56

Michael Fahy read more

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

2016-09-21 03:52:50

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 02:51:14

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 02:55:19

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 04:04:20

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 04:18:11

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 04:22:39

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 04:22:40

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 02:49:10

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 04:09:35

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 03:37:39

Michael Fahy   read more

Dubai’s office high-rises are within reach

2016-09-19 04:00:30

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 03:28:49

Mario Volpi   read more

Booming Philippine property market inspires confidence among expat investors

2016-09-15 03:31:17

Chris Nelson   read more

Luxury London home sellers get message and rush to slash prices

2016-09-15 03:33:49

Bloomberg   read more

Clean-up of distressed realty slows in Europe

2016-09-15 08:24:38

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 08:28:22

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 08:44:08

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 03:55:47

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 03:26:04

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 03:22:14

Michael Fahy   read more

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

2016-09-19 03:50:55

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 01:53:00

Andrew Scott   read more

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

2016-09-15 01:56:50

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 02:03:07

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 02:04:52

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 02:16:29

Michael Fahy   read more

Omniyat to move into affordable housing

2016-09-15 03:19:33

Michael Fahy   read more

Coup and wars no deterrent for Turkey realty

2016-09-15 07:06:20

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 08:08:48

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 08:16:09

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 08:18:17

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 08:23:23

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 06:21:25

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 06:23:02

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 06:23:51

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 06:24:49

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 06:25:40

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 06:26:40

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 06:27:41

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 06:28:48

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 06:29:44

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 06:30:44

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 06:31:59

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 06:32:51

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 09:26:03

Chris Nelson   read more

Owning a piece of BBC’s vaunted past

2016-09-08 05:39:12

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 05:44:13

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 05:45:03

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 05:45:54

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 05:46:41

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 05:47:25

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 05:48:13

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 09:03:24

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 06:50:44

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 08:45:21

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 09:02:20

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 09:01:58

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 09:14:22

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 09:01:24

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 09:12:17

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 09:11:31

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 09:10:41

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 09:16:56

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 09:19:21

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 09:21:00

Michael Fahy   read more

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

2016-09-08 09:22:35

Michael Fahy     ( Courtesy of TheNational ) read more

GFH turns to Reits for Bahrain and Dubai projects

2016-09-08 09:24:11

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 04:12:05

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 04:44:06

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 05:17:59

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 05:26:02

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 05:26:51

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 05:29:46

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 05:30:45

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 05:31:54

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 05:33:28

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 05:34:08

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 05:34:59

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 05:35:49

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 05:36:35

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 05:38:00

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 06:37:38

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 08:01:31

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 02:54:35

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 04:20:25

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 04:33:51

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 04:35:45

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 04:38:27

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 04:38:07

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 04:40:37

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 07:55:41

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 07:57:06

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 07:58:06

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 07:59:40

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 08:00:40

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 08:06:29

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 08:07:24

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 04:15:25

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 07:46:16

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 07:47:43

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 07:48:43

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 07:54:39

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