Depressed global economic conditions have caused a 15-20 per cent fall in demand from investors, say developers
Al Wajeha Al Bahria, located within Mirfa, will include a number of villas and community facilities.
Move coincides with launch of Danube’s affordable housing project ‘Ritz’
The Al Saad development will offer 306 new plots for UAE nationals
Fiscal restructuring in the GCC, prompted by low oil prices, could slow real estate investment next year, a new report shows
Average residential sales fell 16 per cent and 14 per cent year-on-year in apartments and villas respectively
Residential rents declined marginally by 0.3 per cent quarter – on- quarter in Q3 2015, a new report shows
Select Group founder says dipping property prices don’t deter the developer from launching new projects
The golf estate is part of the 5.4 million square metre Al Zorah master development.
Dubai Marina, Jumeirah Village and Downtown Dubai were among the most popular areas for residents
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
There were around 33, 907 transactions within the first nine months of 2015, a new report shows
The Qatari fund has acquired a 44 per cent stake in the Manhattan West project from Brookfield Property Partners
New survey finds majority of the respondents plan to buy properties within a price ceiling of around Dhs 167,000
Rents for poor quality housing stock in Abu Dhabi have declined but rates for new units remained unchanged, a new report says
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
Maple 2 will consist of 666 contemporary-styled townhouses ranging from three to five bedrooms
The developer said property handovers and strong performance by its retail, leasing and leisure businesses boosted profit
False reports of oversupply are damaging market sentiment, says Damac managing director Ziad El Chaar
The fees would encourage landowners to develop their land instead of just holding it for profit, the country’s housing minister said
Although Dubai’s real estate market has been sliding, the emirate has seen several new launches
The developer also said that it has issued a tender to build a new road that will link the community to Hessa Street
Average apartment rents rose about 7 per cent year-on-year in Q3 while villa rentals were up 3 per cent
Abu Dhabi developer says sold 300 luxury villas within the project in first phase
The ‘Buroj Ozone’ project will include thousands of housing units, hotels and the largest shopping centre in Bosnia
House prices in Dubai continued to fall in the third quarter as regulations, higher inflation and a strong dollar hit investment
Residential sales prices fell 6 per cent year-on-year in the third quarter
Under the deal, a portion of the mixed-use retail development will be funded by ADCB
The Capital Plaza occupies over one million square feet of prime retail, business, hospitality and residential space
Most expats in Dubai can only afford annual rents of up to Dhs 72,000, says JLL