Monday 23 December 2024
 
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Luxury property

Nakheel, Accor to open new property in Palm Jumeirah

AccorHotels, a leading travel and lifestyle group, has signed a management agreement with leading Dubai-based master eveloper Nakheel for the expansion of its renowned luxury brand, Raffles Hotels & Resorts. As per the deal, the duo

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Nakheel, Accor to open new property in Palm Jumeirah

AccorHotels, a leading travel and lifestyle group, has signed a management agreement with leading Dubai-based master eveloper Nakheel for the expansion of its renowned luxury brand, Raffles Hotels & Resorts. As per the deal, the duo

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Cluttons to manage Bahrain luxury property

Leading international real estate consultancy Cluttons has been appointed by KAR Properties to handle all aspects of property and facilities management, in addition to offering leasing services, for Busaiteen Views in Bahrain. Bus

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Dubai loses lustre in global luxury property rankings

Leading property hotspot Dubai, UAE, has slipped out of the rankings of the best-performing luxury real estate markets across the globe compiled by top property consultancy Knight Frank, said a report. The Canadian city of Vancouv

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GCC investors eyeing Cyprus luxury property

The luxury real estate market in Cyprus is attracting a lot of attention from the UAE and other GCC investors who are on the lookout for a guaranteed, long-term safe investment footholds, said a property expert. There has been an

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Middle East 'global hub for luxury property'

The Middle East has become the global hub for luxury property with a high percentage of real estate developers offering off plan sales to international buyers, said a property expert. "With its extravagant 2020 city plans, UA

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Luxury property rents in Bahrain fall 20pc

Rents in Manama's luxury property sector have fallen by 20 per cent, plunging five times more than Dubai, according to a global report. The country recorded the biggest decline in prices among 16 key cities surveyed in the Knight Frank

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New supply ‘won’t hurt Dubai property scene’

The demand for property in Dubai is rising at a much faster rate than supply, and concern over supply issues has been greatly exaggerated, said an industry expert. “For the past 12 months Damac Properties has seen prices increase across th

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