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Middle East


A multi million pound development in Dubai will include two new manmade islands with luxury villas, a private marina, water park and leisure facilities including the Middle East’s first Cirque Du Soleil.


Hotel-style residential properties enjoy higher occupancy as transients descend on the World Expo host city.


Property prices and rents continue to fall moderately in Dubai with the latest analysis report projecting a further softening of the residential real estate markets in the months ahead.


You've seen one Apple store, you've seen them all—or have you?


According to STR, the hotel industry in Dubai, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth.


‘Shocking’ rip-off of prize-winning design in the emirate is the subject of litigation in US courts.


An emirate used to flashy projects tries to appeal to exacting tenants.


According to international real estate consultancy Cluttons, weakening economic conditions, tapering off in demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry.


Demand in both the sales and rental property markets in Dubai continued to be weak in the first quarter of 2017, the latest research report shows.


"This house was conceived by two people with very different personalities," Nicolas Garzouzi remarks of the mountain retreat he shares with his wife, Michèle, and their two sons in the Lebanese ski resort of Faqra.


A slowing decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market 'bottoming out' before the end of 2017, but the planned introduction of VAT on January 1, 2018 is already causing nervousness amongst existing commercial tenants.


New rental contracts are being introduced in Dubai to make disputes less likely with officials also ready to crack down on unregistered real estate brokers in the sales and leasing markets.


Kerzner International, a leading international developer and operator of destination resorts and luxury hotels, in collaboration with Knight Frank, have launched The Royal Atlantis Residences in Dubai.


Weaving through the packed parking lot toward the Mall of Egypt, a new $700 million retail palace complete with a Dubai-style indoor ski slope, it’s easy to think that the country’s economy is well and truly on the mend after years of crisis.


The residential real estate market in Dubai is showing signs of having bottomed out with the latest sales and price figures moving into positive territory in February.


According to Knight Frank's recently released Wealth Report 2017, there is a change in ultra high net worth individuals (UHNWI) property investment patterns, driven by political uncertainty, cooling measures and barriers affect traditional markets.


•Global ultra-wealthy population grows in 2016, despite political and economic uncertainty

•Sydney and Melbourne see highest net inflows of HNWIs globally; Perth is 8th on the global list

•Across the globe, Australasia sees strongest regional growth in UHNWIs 2015-2016 at 11%

•Sydney and Melbourne both projected to see 70% more UHNWIs over the next 10 years


Prices of property in Dubai were largely unchanged over the fourth quarter of 2016 with the market likely to be driven by owner occupiers and long term investors, according to the latest analysis report.


It is clear that the residential sales market in Dubai is still softening and the magnitude of declines has on average, intensified over the past six months, according to the latest analysis report.


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