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Dubai property market ‘favouring investment’The current market conditions in Dubai are conducive to sustained investment, with real estate prices almost 25 per cent below the 2008 peak, according to a recent report in the Financial Times. Yields of 7 per cent gross are now More… |
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Ilyas awards luxury homes deal to McFaddenDubai-based Ilyas & Mustafa Galadari Real Estate has awarded a contract to the McFadden International Construction Group, to lead the ongoing development and construction of the modern luxury living concept launched in March. More… |
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Bahrain real estate 'sees moderate growth'Bahrain’s real estate sector is on the verge of moderate growth, and is expected to grow at 3.5 per cent, said a top official. "Real estate investment is considered to be the main driver behind economic growth," th More… |
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DIRC begins delivery of luxury homesDubai Real Estate Investment Company (DIRC) has initiated the delivery of 2,024 luxury residential units within Ritaj, a high-end project at Dubai Investments Park. Ritaj consists of 1,343 spacious studio apartments, 447 bedroom apartments More… |
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Nakheel sells 30 units of new luxury projectDubai-based developer Nakheel has sold 30 units of its new luxury residential project on the Palm Jumeirah at a combined value of nearly Dh223 million, a report said. Construction of the Palma Residences, Nakheel’s first major residential More… |
