Wednesday 22 October 2014
 
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real estate

Abu Dhabi’s real estate market stable in Q3

Average residential leasing and sales prices in Abu Dhabi, UAE, remained relatively steady in the third quarter with the apartment and villa sales year-on-year still offering returns of 28 and 14 per cent respectively, said a report.

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Saudi group to spend $1.6bn on real estate

Al Anwa for Investment & Real Estate Development, the property arm of Saudi-based Al Ibrahim Investment Group, has announced plans to develop a series of hospitality and residential projects across the kingdom at an investment of over SR6 bi

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QInvest closes $1.8bn real estate deals in 2014

QInvest, a leading investment bank in Qatar, said it had closed real estate transactions worth $1.8 billion in 2014 amid a renewed investor interest in the GCC property market.   One of the most prominent Islamic financial in

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Sharjah launches new firm to develop real estate

Sharjah Asset Management, the investment arm of the government of Sharjah, UAE, has joined hands with Eskan Real Estate Development to set up  Tilal Real Estate, a new venture that will help the establishment, development and management of

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Dubai sees real estate 'hotspots' expanding

Thanks to a robust property sector growth, the real estate hotspots in Dubai, UAE, are expanding fast amid renewed interest from investors in newer areas that were not considered  'hot' a few years ago, said experts. While

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Dubai Tram could be game changer for UAE real estate

The new Dubai Tram that is slated to be launched in November could add significant value to the properties around this new mode of transport. After the success of Dubai Metro, now the Dubai Tram project could further change the dynamics of the r

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Swicorp, Nesaj close key real estate fund

Swicorp, a leading Saudi investment banking, private equity and asset management firm focused on the Middle East and North Africa (Mena) region and Turkey, said it has successfully closed private placement subscriptions for the Al-Dhawahi Real E

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New real estate portal opens in UAE

Luxury SQft, a new real estate portal, has been launched in the UAE to fill a gap amongst consumers looking for a more targeted approach to finding a high-end property. Designed with a premium look and feel, Luxury SQft differenti

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Real estate experts set for big debate in Dubai

Leading property consultant Cluttons has partnered with the UK's leading property magazine Estates Gazette to host a major real estate event at the Capital Club in Dubai, UAE, on October 21. A first-of-its-kind event,

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Omagine signs deal for $2.5bn development in Oman

Omagine LLC, a subsidiary of US-based Omagine, has signed an agreement with the Government of Oman to design, develop, own and operate a $2.5 billion tourism and real estate development project in the sultanate. The Omagine project will

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