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UAE residential prices, rents likely to soften in 2019The residential prices and rents in the UAE property sector are likely to soften in 2019, however there could be additional demand in the coming months which will help underpin the market as a result of the recent approval of a range of legislat More… |
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Dubai education ‘likely to get more affordable’The education sector in Dubai is expected to face pressure with a further 13 schools slated to open next academic year, bringing the total number of private schools in the Emirate to 207, said property consultant Knight Frank in a report. More… |
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Saudi office rents 'under pressure' amid oversupplySaudi Arabia's office market rents and occupancy levels have been under pressure for the past two years and this trend continues into 2018 amid increasing levels of supply and subdued occupier demand, said leading global property expert Knig More… |
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Saudi Arabia ‘to need 20,000 extra hospital beds’Saudi Arabia requires an additional 20,000 hospital beds by 2035 to meet the expected population growth in the country, according to a new report released by global property consultancy Knight Frank. The rising demand for healthca More… |
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Middle East tops global ranking in UNHWI second homesThe Middle East region ranks first in terms of number of first and second homes owned by the UHNWIs (ultra-high-net-worth individuals) just ahead of Russia, according to a recent survey by global property consultancy Knight Frank. More… |
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Mideast leads in homes owned by UHNWIsThe Middle East ranks in first place in terms of number of first and second homes owned by the ultra-high-net-worth individuals (UHNWIs), a report said. Middle Eastern ultra-wealthy individuals own an average of 4.0 homes just ahe More… |
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Abu Dhabi tops in number of rich households in MEAbu Dhabi boasts the highest number of households earning more than $250,000 in the Middle East with 270,686, said The Wealth Report, launched today, by Knight Frank. This number is forecast to grow seventh fas More… |
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Abu Dhabi tops in number of rich households in MEAbu Dhabi boasts the highest number of households earning more than $250,000 in the Middle East with 270,686, said The Wealth Report, launched today, by Knight Frank. This number is forecast to grow seventh fas More… |
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Dubai offers world's sixth most competitive skyscraper rentsDubai, which continues to provide an attractive real estate and business operating environment, offers the sixth most competitive global skyscraper rents averaging at $44 per sq ft, according to a report by property expert Knight Frank. More… |
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Dubai office rents continue decline in Q2On average office rents across Dubai fell 4.5 per cent in the second quarter (Q2) of the year, with the performance of prime and secondary markets continuing to diverge, said global real estate consultancy Knight Frank in a new report. More… |
