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Dubai issues new law to regulate MRHE property salesHH Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Dubai Ruler, has issued a royal decree to help regulate the sale of lands and houses granted in the emirate. The decree aims to provide housing s More… |
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Dubai property sales 'likely to stay steady during Ramadan'With Dubai reporting a 45 per cent surge in the value of property transactions during the first quarter compared to last year and agents optimistic that current prices will prove too tempting to resist for the many investors currently sitting on More… |
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Bloom quadruples property sales volume in 2016Bloom Holding, a group of companies with an established portfolio of developments in the UAE and abroad, has reported robust growth across its key business segments in 2016, tripling its holdings revenue and quadrupling the property sales volume More… |
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Mena investors in key London property salesChestertons, an international property agency with a hub in Dubai, said investors from the Middle East and North Africa (Mena) region had pumped more than Dh265 million ($72.1 million) into London's real estate market in 2015. More… |
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Kuwait real estate sales edge up in JuneSales across Kuwait’s three main real estate sectors totalled KD270 million ($890 million), up 5.4 per cent from May, while the number of transactions was up 2.9 per cent, a report said. June’s performance improved des More… |
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Overseas buyers, expats driving Damac salesDubai developer Damac Properties posted strong property sales in the first quarter thanks to robust demand from foreign buyers, its managing director told Reuters on Monday. Sales hit Dh2.8 billion ($762 million) in the first thre More… |
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Dubai sees strongest July property salesDubai’s real estate industry achieved the highest number of unit sales and corresponding total unit value for any month of July on record according to data sourced from the Dubai Land Department. With 1,767 transactions, the indus More… |
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Kuwait sees 41pc jump in property salesKuwaiti real estate sales rose 41 per cent in the year to November, on high sales of residential and commercial property, official data showed on Monday. The sales in the Gulf state rose to KD193.15 million ($672.6 million) from KD137 More… |
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Kuwait Oct property sale plunges 56pcKuwait's real estate sales plunged 56 per cent in October, the seventh month of decline after the government restricted private firms from trading in residential property to curb inflation, official data showed on Wednesday. Real estat More… |
