Dubai property price decline ‘to continue in 2017’

Up to 10,000 units expected to be delivered this year, says Core Savills. Dubai residential property rents and sale prices are forecast...

AccorHotels in deal with Mawarid for Dubai hotel

Ibis Styles Al Jaddaf is expected to open in 2018. Hotel operator AccorHotels has announced that it has signed a management agreement...

Damac sees ‘unprecedented demand’ for Aykon City project in Dubai

‘Significant number’ of units sold at $2bn Dubai Water Canal project. Damac reports “unprecedented demand” for the initial release of units at its Aykon...

Revealed: Top 5 destinations for UAE property investors

The US is among the hotspots, says YouGov survey. The US, UK, Australia, Singapore and Germany are the top five destinations for...

Rents remain unchanged in Dubai’s prime areas – Chestertons

About 3,000 units are expected to enter the market this year . Rents for the majority of apartments in prime areas of...

Dubai Properties unveils ‘affordable’ Serena project

Residential development in Dubailand to span 8.2 million square feet. The UAE-based developer Dubai Properties has unveiled an 8.2 million sq ft...

Abu Dhabi’s Aldar ‘monitoring property supply’

Developer watching how many units it releases after ‘slowdown’ in market. Aldar Properties is monitoring its supply of units to the market after...

Abu Dhabi prime office rents stable: Knight Frank

Offices between 100sqm and 500sqm in demand. Abu Dhabi prime and Grade A office rental rates remained steady in the second half...

Damac: Short supply to boost Dubai market

Developer says fewer than 10,000 units will be delivered this year. A shortage in supply of new homes is set to boost...

Abu Dhabi property market ‘slowdown’ in 2016 – Asteco

Prices expected to remain steady despite less activity, consultancy says. Abu Dhabi property activity is set for a “noticeable slowdown” in 2016,...

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