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Middle East Real Estate


Latest items posted in Middle East Real Estate

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    Road to sustainability

    While there has been increased talk about the importance of creating more sustainable buildings and communities within the Mena region, progress on converting this talk into concrete action continues to lag behind, concludes a recent …

    Read full article » Middle East: Sunday, June 23 - 2013 @ 11:34
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    Racing for the world’s tallest building

    Currently, the Kingdom of Saudi Arabia is constructing the one-kilometre “Kingdom Tower,” built by Kingdom Holding in Jeddah. The $1.2-billion project will feature a hotel, plus a retail and luxury residential project.

    However, Saudi billionaire …

    Read full article » Middle East: Wednesday, June 19 - 2013 @ 18:16
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    London calling

    Over the past 10 years, London’s residential market – in both primary and secondary locations – has continued to garner the interest (and investments) of international HNWIs and investment companies, with most of that appetite …

    Read full article » Middle East: Monday, June 10 - 2013 @ 10:09
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    Villa prices shoot up 21% in prime areas of Dubai in Q2, says JLL

    Rents for villas and apartments in established communities and prime buildings across the emirate also rose 10% and 9%, respectively, the report said.

    Building on momentum that began in the end of 2011, Dubai’s residential market …

    Read full article » United Arab Emirates: Sunday, July 15 - 2012 @ 14:48
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    Villa prices in Dubai rise by up to 16% in H1, says Asteco

    After a stable first quarter, quality residential developments in Dubai bounced back during Q2, with average rent increases of 6% for apartments and 9% for villas, Asteco’s H1 2012 report said. Sales prices recorded double-digit …

    Read full article » United Arab Emirates: Sunday, July 01 - 2012 @ 14:17
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    Dubai tops region in property market transparency

    Although transparency levels have improved in 80% of the Mena markets in the past two years, these gains have been relatively “modest” and real estate markets in the region remains less transparent than other global …

    Read full article » Middle East: Wednesday, June 27 - 2012 @ 14:41
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    Nakheel posts $98.6m profit in first quarter

    The company said revenues in the first quarter nearly tripled to Dhs1.35bn, boosted by the handover of more properties and a strong performance from its retail and leasing operations.

    “The positive results of 1Q, following …

    Read full article » United Arab Emirates: Thursday, May 31 - 2012 @ 16:30
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    Dubai villa lease rates rise for first time in three years

    “In aggregate, the villa market experienced positive rental rate growth for the first time since 2008/2009, with average lease rates increasing by 3% quarter-on-quarter,” the report said. “However, rates remained down by around 1% year-on-year.”

    The …

    Read full article » United Arab Emirates: Tuesday, May 15 - 2012 @ 14:20
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    Cityscape Abu Dhabi reveals opportunities in a softening market

    There were of course announcements, with several major UAE-based developers showcasing their key developments, such as Sorouh Real Estate’s launch of its retail property brand Boutik.

    The Abu Dhabi-based developer will open its first Boutik branded …

    Read full article » United Arab Emirates: Sunday, May 13 - 2012 @ 12:00
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    Will the ‘Olympic effect’ attract Gulf property investors to East London?

    According to recent research from Lloyds TSB, house prices near the main site of the London 2012 Olympic Games have increased by more than $96,000 on average since July 2005. The UK capital was awarded …

    Read full article » Middle East: Wednesday, May 02 - 2012 @ 16:05

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