Home next Industry next Real Estate

Real Estate

Dubai rents to fall further in 2016 as property values drop

Report finds that rents fell by 10 per cent last year

Nakheel awards Dhs 18.5m contract for new roads at Jumeirah Village Circle

The new access roads are slated for completion in Q3 2016

Predictions 2016: Deyaar CEO Saeed Al Qatami

Despite the global economic slump, demand remains high for Dubai property, writes Al Qatami

Aldar acquires Abu Dhabi office building, plans to boost income

Developer plans to generate Dhs 2.2bn in annual net operating income by 2020

Indians invested Dhs 20bn in Dubai’s property market in 2015

The overall value of property investment in Dubai grew 24 per cent to reach Dhs 135bn last year

Revealed: Top 10 most popular brands in the UAE

Dubai airline Emirates tops the list as brand ambassador Jennifer Aniston creates a marketing buzz

Dubai developer Damac launches Dhs 850m project within Akoya Oxygen

Units at the Navitas Hotel and Residences project are priced from Dhs 440,000 onwards

Property insurance premiums could rise in UAE after fire accidents

Dubai specifically has seen a spate of fire accidents in recent years

Emaar awards construction contract for Dubai Creek Residences project

The project, which includes six residential towers, is scheduled for handover in 2018

Wyndham to open four new Ramada hotels in the Middle East

Wyndham’s Ramada Resort Dead Sea and Ramada Jeddah Corniche are already open while its two properties in Bahrain are set to open on March 31, 2016.

Dubai real estate transactions rise to Dhs 267bn in 2015

Dubai Land Department said the findings showed the market had reached a stage of maturity

RERA index update for 2016 shows declining rents

Rents across most freehold residential communities in Dubai have declined marginally, the updated rental index showed

Indian property developers confirm drop in demand from UAE NRIs

Depressed global economic conditions have caused a 15-20 per cent fall in demand from investors, say developers

New mixed-use waterfront development planned for Abu Dhabi’s western region

Al Wajeha Al Bahria, located within Mirfa, will include a number of villas and community facilities.

EXCLUSIVE: Dubai’s Danube Properties to open office in Mumbai to target Indian second home market

Move coincides with launch of Danube’s affordable housing project ‘Ritz’

Abu Dhabi’s UPC announces master plan for Al Ain development

The Al Saad development will offer 306 new plots for UAE nationals

Lower oil prices to hit property investments in 2016, JLL warns

Fiscal restructuring in the GCC, prompted by low oil prices, could slow real estate investment next year, a new report shows

Dubai residential real estate sees further declines in Q4 – report

Average residential sales fell 16 per cent and 14 per cent year-on-year in apartments and villas respectively

Sharjah’s Q3 residential rents fall 1.6% as supply mounts

Residential rents declined marginally by 0.3 per cent quarter – on- quarter in Q3 2015, a new report shows

Select Group chief Rahail Aslam on why he remains bullish about Dubai’s property market

Select Group founder says dipping property prices don’t deter the developer from launching new projects

Ajman-based Al Zorah launches Nicklaus-designed golf club as part of mega project

The golf estate is part of the 5.4 million square metre Al Zorah master development.

Top 10 areas in Dubai seeing the highest inflow of residents

Dubai Marina, Jumeirah Village and Downtown Dubai were among the most popular areas for residents

Emaar’s Jan-Sept net profit up 16%, Dubai sales drop 28.5%

The government-owned builder’s net profit rose 31 per cent during the third quarter of this year despite the sales slump in its home market

Dubai’s property deal values reach Dhs 186bn in nine months of 2015

There were around 33, 907 transactions within the first nine months of 2015, a new report shows

Qatar Investment Authority backs $8.6bn New York development

The Qatari fund has acquired a 44 per cent stake in the Manhattan West project from Brookfield Property Partners

Up to 78% of Filipinos in the UAE plan Philippines property buy

New survey finds majority of the respondents plan to buy properties within a price ceiling of around Dhs 167,000

Abu Dhabi’s residential rents up 8% in Q3 2015

Rents for poor quality housing stock in Abu Dhabi have declined but rates for new units remained unchanged, a new report says

Sharjah launches new 14 million sq ft industrial zone

Al Saja’a Industrial Oasis will comprise of 353 plots, all of which will be offered to investors on either a freehold or a leasehold basis

Emaar launches second phase of Maple townhouses in Dubai

Maple 2 will consist of 666 contemporary-styled townhouses ranging from three to five bedrooms

Nakheel reports 39% net profit rise for first nine months of 2015

The developer said property handovers and strong performance by its retail, leasing and leisure businesses boosted profit