Tuesday 31 May 2016
 
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Dubai residential property rental price down 4.2pc

The residential property prices in the rental market of Dubai, UAE, fell 4.2 per cent year-on-year (y-o-y) in April mainly due to a sharp decline in rental prices of both villa and apartments in the emirate, said a report. The res

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ME investors eyeing Birmingham, Manchester property

A number of Middle East investors are now focusing on prime properties in Birmingham and Manchester, which promises 6-7 per cent yields and strong capital appreciation outperforming London by over 3 per cent per annum, said an industry expert.

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Abu Dhabi may act to address property glut

Abu Dhabi's property market is oversupplied and the government may take steps to address the imbalance, a senior official said on Sunday. Prices in the UAE capital's residential sector were flat last year, after rising abo

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Cluttons names Dubai business head

Leading international real estate consultancy Cluttons has announced a senior appointment within its UAE business, with Murray Strang being named as the new head of Cluttons Dubai. With Cluttons’ business continuing to grow

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Mumtalakat in US real estate partnership deal

Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the kingdom, has joined hands with Regent Properties, a real estate development and investment firm based in Los Angeles, US, to acquire a major stake in its existing portfolio of

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Qatar First Bank inks JLL partnership deal

Qatar First Bank (QFB), a leading Shari’ah compliant lender, has partnered with leading global developer JLL to offer shareholders and clients the ability to source real estate opportunities based on their specific requirements and budget.

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UAE expats buying property in India as investment

More than 40 per cent of the NRIs (non-resident Indians) living in the UAE prefer to buy Indian property as an investment, whether for the first time or as an additional asset, said a report ahead of a key industry event in Dubai.

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DP puts up good show at London property expo

Dubai Properties (DP), a leading real estate master developer, showcased its key projects at the Dubai Property Show London 2016 for the second consecutive year. The show was held from May 13 to 15, 2016, under the sponsorship of

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Sharjah’s residential property rents set to drop further

Rents in Sharjah’s residential property market are set to continue to decline throughout 2016, following an average fall of 5.7 per cent during Q1 which has dragged the annualised rate of change in rents down to -8.3 per cent, according to

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Riyadh’s real estate sector sees selective Q1 growth

The real estate market in Riyadh, Saudi Arabia, witnessed varied performance across its real estate sectors  during the first quarter of the year, said a report. Both the residential and hotel market experienced a general slo

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