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Bayut.com: Dubai, Abu Dhabi bank on strong rental yields
Dubai yields are higher than in property hotspot London. The real estate sectors of both Dubai and Abu Dhabi remained buoyant in...
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Saudi investor ‘in talks over $4bn Egypt project’
Proposed tourism resort in Red Sea region of Sharm El Sheikh. An unnamed Saudi investor is reportedly in talks over a $4...
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Egypt’s Sisi to launch desert reclamation project
North African country looking to raise amount of available farmland. Egyptian President Abdel Fattah al-Sisi is set to inaugurate a desert reclamation...
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Bahrain Bay set for busy 2016 as construction work steps up
$2.5 billion development includes a number of high-profile projects. Bahrain Bay, the $2.5 billion waterfront real estate development on the northern coastline...
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Aldar HQ in Abu Dhabi gets giant Star Wars facade
100m installation celebrates Abu Dhabi’s role in The Force Awakens. Aldar Properties and twofour54 have partnered to create a giant Star Wars-themed...
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Dubai residential sales decline further in Q4
CBRE: Affordable rental locations outperformed prime areas . Dubai’s residential sector saw a further sales decline in the fourth quarter, with a...
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Sharjah rents fall for first time in 2 years – Cluttons
New and gated communities outperform overall residential market. Residential rents in Sharjah are on the decline for the first time in over...
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Qatar ‘singled out’ for World Cup criticism – committee chief
Al-Thawadi: No evidence of wrongdoing in Qatar’s bid to host event. Qatar has been “singled out” for criticism over hosting the upcoming...
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UAE’s Masdar and Chinese developer ink MoU
Partnership to explore opportunities across various industry sectors. The Abu Dhabi-based renewable energy company Masdar and property developer China Vanke have signed...
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Smart buildings ‘more common in Gulf construction’
Waseela notes increasing demand for intelligent designs. Smart buildings are becoming more common in the Gulf construction sector, says a Jordan-based ICT...