Lack of liquidity ‘biggest threat to Dubai real estate’ in 2016

Recovery of market could be delayed further, says Phidar Advisory. A lack of liquidity for investors will be the biggest threat to...

Dubai real estate transactions hit $72bn in 2015

There were 63,719 deals last year, an 8% increase on 2014. The total value of real estate transactions conducted in Dubai last year...

Wasl Properties launches project in Karama, Dubai

Wasl Duet is part of aim to regenerate established districts. The UAE-based developer Wasl Properties has announced the launch of the first...

Dubai’s Al Habtoor reveals plans for Egypt megaproject

Developer has submitted proposal for ambitious project in Cairo. The Dubai-based businessman Khalaf Al Habtoor has revealed plans for a megaproject in...

Eagle Hills and Bahrain partner launch Marassi Residences

New project will offer 250 one-, two- and three-bedroom apartments. The UAE-based developer Eagle Hills, in partnership with Bahrain’s Diyar Al Muharraq,...

Emaar intends to restore fire-struck Dubai hotel ‘to all its glory’

Read the full statement by Mohamed Alabbar, chairman of the developer. Emaar Properties intends to restore The Address Downtown to “all its...

Dubai fire: Emaar sees ‘no material impact’ on company, hotel insured

Investigation into New Year’s Eve blaze at The Address hotel is ongoing. Developer Emaar Properties says it expects “no material impact” on...

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...

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...

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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