Wednesday 23 April 2014
 
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real estate

Prime office rents up 6pc in Saudi Arabia

Office rents in Saudi Arabia witnessed a 6 per cent year-on-year  increase in the first quarter, aided by growth in the finance and business services and public administration sectors, a report said. The best performing marke

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Emiratis, Indians top real estate investments in Dubai

Emiratis ranked highest among all investors in Dubai during the first quarter of 2014, in terms of the value of investments, with Indians being the largest number of foreign investors. Investments in Dubai's real estate sector total

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Dar Al Arkan Q1 profit rises 4.3pc

Saudi Arabian real estate firm Dar Al Arkan reported a 4.3 percent increase in first-quarter net profit on Thursday, beating analyst forecasts, on the back of higher sales of its developed properties. The kingdom's largest lis

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Abu Dhabi's real estate 'shows signs of maturity'

With all sectors of the Abu Dhabi property market gaining momentum in making a healthy recovery, industry experts say the real estate sector shows strong signs of maturity, as the emirate looks towards achieving its 2030 vision. T

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Dubai property transactions up 38pc

The number of real estate transactions in Dubai surged 38 per cent to Dh61 billion ($16.6 billion) in the first quarter compared to Dh44 billion registered in the same period last year, said a report. A total of 15,694 real estate

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Saudi real estate finance to top $13bn mark

The real estate market in Saudi Arabia is set for solid growth with the volume of finance in the sector poised to cross the SR50 billion ($13.3 billion) mark by the end of the second quarter, said a report. This is an increase of

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Dubai residential market growth 'slows'

Dubai’s residential sales market has slowed down to more moderate growth levels in the first quarter of 2014 following a spike in prices, after the Expo 2020 announcement at the end of last year, according to a report. The average

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Gradual recovery seen for Cairo real estate

The Cairo real estate market is most likely to remain subdued in the short term, ahead of a potential period of gradual recovery from late 2014 or 2015, said a report. While there have been new completions in the residential and r

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Cluttons reveals company's new look

Cluttons, the international real estate services company which operates in over 50 countries, has launched the company's new branding across the Middle East. Over the last 250 years, Cluttons has been instrumental in shaping t

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Residential, hotel sectors lead Dubai real estate growth

Dubai's residential real estate sector witnessed increased prices and rents across all areas in the first quarter of this year, with rates growing faster in secondary locations, a report said. The retail, hotel and industrial

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