Thursday 30 October 2014
 
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Property valuations market ‘growing’ in UAE

The property valuations market in the UAE is growing along with the real estate sector, according to leading property agency Chestertons. Chestertons is currently supporting 41 leading banks across the region for property appraisa

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Dubai property slowdown stabilises rents in Q3

Dubai’s real estate market witnessed further stabilisation and a slowing down of both property prices and rental rates in the third quarter, a far cry from the abnormal price hikes the UAE emirate had experienced in the last 18 months, sai

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Emaar vows new homes supply to stabilise Dubai market

The chairman of Dubai's biggest real estate developer, Emaar Properties, has welcomed the talk of a slowdown in the emirate's property market and vowed to keep supplying new homes to help hold prices at "a reasonable level".

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Dubai property bubble risks decline: IMF

Increases in Dubai's property prices have moderated quite a lot and the International Monetary Fund (IMF) is now less concerned about them than it was in May, a senior IMF official said on Monday. The IMF had previously warned

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Management deals 'key to Qatar's property growth'

Development management agreements (DMA) are vital for protecting success in the real estate market in Qatar, said an industry expert. According to recent data from property developers, real estate year-on-year sales in Qatar jumpe

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New law to boost Bahrain property investments

Bahrain is set to attract significant investments into its property market, thanks to the new real estate development law that comes into effect in February, said an expert. Introduced this July, it seeks to protect the interests

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Deyaar Q3 net profit nearly doubles

Dubai's Deyaar Development reported a 94 per cent rise in third-quarter net profit on Wednesday as sales at a newly-launched residential project boosted earnings. Deyaar, one of the companies worst hit by the emirate's pro

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Aldar to launch new projects in three months

Abu Dhabi's Aldar Properties will launch a few new projects in the next three to four months, the real estate developer's chief financial officer said on Wednesday. Aldar, Abu Dhabi's largest property company which is

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Saudis pump $879m into Dubai real estate

Saudis have emerged the second biggest investors in Dubai's property sector among the GCC states pumping Dh3.3 billion ($879 million) into the emirate's real estate during the first half, said an expert. The UAE nationals

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Egyptian developer Sodic to invest $336m in 2015

Sodic, one of Egypt's largest listed real estate developers, plans to invest E£2.4 billion ($336 million) in 2015 and is on the look out for new projects as the sector recovers from three years of turmoil, its managing director said.

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