Dubai developer Vincitore conducts roadshow in Nigeria

Developer of the $37m Vincitore Palacio in Dubai is upbeat about rise in Nigerian investment in the UAE. Vincitore Real Estate Development,...

Dubai’s Nakheel reports 4% higher profit in first half

Developer says it made $803 million in first six months of 2016, despite property prices falling across the market as a whole....

Abu Dhabi real estate shows ‘initial signs of decline’

First signs of slowdown in 18 months amid lower demand, oil prices and government spending – JLL. Abu Dhabi’s real estate market...

Dubai’s Damac plans phase-two sale of Akoya Imagine villas

Dubai-listed developer says the first phase of the project sold out in one day. Damac Properties says it plans to launch sales...

Foreigners invest $15.5bn in Dubai real estate in H1

Market attracts 26,000 investors from 149 countries during the first half of 2016. Foreign investors pumped some AED57 billion ($15.5bn) into Dubai’s...

Saudi property sales ‘down more than 50%’

Sharp decline in market as investors wait for prices to drop due to new tax on undeveloped land - report. Saudi property...

Full foreign business ownership ‘to boost Bahrain real estate’

Government’s decision to allow 100% foreign ownership to see positive impact in the long term - Cluttons. The decision by the Bahraini...

Brexit ‘can boost Chinese investment in Dubai property’

City’s educational facilities another factor set to entice Chinese investors, says property website. Dubai has a huge opportunity to boost growing real...

Value of Dubai property deals down 12.4% in first half

Rise in number of transactions fails to offset decline, Dubai Land Department data reveals. A 22.8% increase in the number of real...

Brexit impact on Dubai real estate only ‘temporary’: JLL

Impact of EU exit vote on emirate’s commercial and residential sectors to last until end of year, consultancy says. Dubai’s real estate...

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