Rents for both villas and apartments have increased year-on-year in 2012, says a new report.
Saudi Arabia’s announcement of five new laws will affect homeowners and businesses when they come into effect.
The Saudi-based property developer said that Sukuk account holders will receive the funds on Monday.
The Dubai-based developer has selected seven regional and international banks for investor meetings in London.
Latest report from Asteco shows villa rates up four per cent as demand outstrips supply.
Saudi Arabia’s dairy producer and property developer both reveal an increase in net profit for the second quarter.
The long-awaited mortgage law is expected to help solve the Kingdom’s critical housing problem, say experts.
Average apartment rents increased six per cent and villa rents rose nine per cent in Q2 2012, says Asteco.
The UAE city is ranked as having the most transparent real estate market in the MENA region.
The demise of Gaddifi has unleashed a treasure trove of opportunity, but one that’s fraught with risk.
Residential rents rose between four to 13 per cent in the two Saudi Arabian cities, says a new study.
The construction company will use the amount to refinance existing debt and fund expansion.
UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.
Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.
A new survey finds that most landlords in Dubai now allow tenants to pay in two or four cheques.
The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.
Residential rents in some areas have fallen to 2005/ 2006 levels, and occupancy levels have reached as low as 30 per cent.
Real estate projects in Qatar are not yet seeing an interest from global investors, say industry experts.
As Cityscape Qatar begins, experts say that despite oversupply in the market, demand is catching up.
Four banks have been chosen as advisors for the proposed merger been Aldar and Sorouh, according to sources.
The contract will be an oil and gas project to build a pipeline in Basra, said the company’s CEO.
Financing has been secured for the new project on Dubai’s Palm Jumeirah, said Nakheel’s chairman.
Peter Shaw-Smith takes a walk through Msheireb Downtown, Qatar’s billion-dollar city centre project.
Gulf Business reveals the top five UAE real estate firms based on profit gains in the first quarter of the year.
Average lease rates for villas in the city increased by three per cent during the first quarter of the year.
The UAE-based construction firm posted a 15.6 per cent drop in its first quarter net profit.
The Dubai property developer announced that net profit for the first quarter of the year dropped 72.7 per cent to Dhs22 million.
Aabar said that it had only raised its stake in Arabtec to 20.7 per cent and not 53 per cent as previously reported.
The construction firm made a net profit of Dhs84.1 million during the first quarter of the year.
Under the agreement, China State Construction develop real estate projects in Abu Dhabi.