Anantara set to enter Oman with two resorts

Luxury hotel brand plans to open resorts in the north east and Dhofar Governorate. Anantara Hotels, Resorts and Spas is ready to...

Jeddah residential rent prices ‘jump by 30%’

Increases in construction and building material prices see property rents in the Saudi city soar – report. Residential rents in the Saudi...

Qatar buys 9.9% stake in Empire State Building owner

Economic and voting interest obtained with $622m investment by sovereign wealth fund. The Qatar Investment Authority (QIA) has taken a 9.9% stake...

Cityscape Global to start in Dubai on September 6

Fifteenth edition of the real estate show will host major developers such as Emaar, Dubai Holding, Nakheel and Meydan. Promotional content supplied...

Dubai property price rises ‘imminent’

Slower supply of units and wider economic situation suggests real estate prices are on the way up, says report. A turnaround in...

Phase one of Dubai’s Vincitore Palacio project ‘90% sold’

Mid-segment project launched two months ago and most units in first release have now been sold, developer says. The AED 135 million...

Slowdown hits demand for Dubai offices – Cluttons

Lack of rental growth to last for six to nine months, with free zone areas the only bright spot, says report. The...

Abu Dhabi developer Aldar refinances $490m in bank loans

Developer has also seen its corporate credit ratings upgraded by S&P. Aldar Properties, the Abu Dhabi-based developer, has announced the successful refinancing...

Abu Dhabi property yields ‘stable at 5%’ despite flat market

Chestertons report finds yields as high as 8.8%, while rental rates and sales prices register declines. Abu Dhabi property investors are seeing...

Qatar rents ‘fall by 10-20%’ in prime areas

Summer lull and ‘expat exodus’ to blame for decline, while rents hold up in more affordable areas – report. A combination of...

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