Luxury developer Damac Properties said its 94-level tower ‘Damac Heights’ in Dubai Marina area has been topped out. On completion next year, it will be the seventh tallest residential tower in the UAE.
House price growth in Dubai appears to be slowing, with a bottoming out in the market likely to happen at the tail of 2016, according to international real estate consultancy Cluttons.
The values for both apartments (down 0.8 per
Despite a lack of new supply, the residential rental growth in Abu Dhabi, UAE, has slowed over the last quarter indicating that rents are nearing an affordability ceiling, said a report.
Residential rents in Abu Dhabi may be reach
Bahrain-based Manara Development company has announced the launch of a new residential project "Kenaz Al Bahrain" located in the Northern Governorate.
The project features eight multi-storey buildings on four floors each
With over 10,000 residents now living in Shams Abu Dhabi, the community is fast becoming one of the UAE capital's most popular residential destinations, said its developer Aldar.
The development is attracting professionals loo
The residential sector in Saudi Arabia remained relatively stagnant during the second quarter, thanks to the new mortgage regulations which require buyers to make a minimum 30 per cent down payment on any purchase, said a report.
Chestertons, a leading international property agency, will be showcasing ‘Wardian’, a high-end residential tower project from London’s top developer Eco World Ballymore, at an industry event in Dubai, UAE.
A shortage of affordable homes in Dubai, UAE and a reduction in overseas allowances since the financial crisis are pushing foreign staff on middle incomes out to less glamorous areas of the city far from the office, or to neighbouring Sharjah, a
Misr Italia, a diversified real estate developer in Egypt, is set to buy 500 acres of land at 6th Of October City in New Cairo for a key residential project aimed at the medium and high-income groups, said a report.
The company is alrea
Bin Faqeeh Real Estate Investment Company has announced it is developing a new residential complex at the Bahrain Bay Development, a $2.5 billion waterfront real estate project in Bahrain. The company said it has purchased three land parcels f