Property
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Riyadh, Jeddah property prices and transactions dip – JLL
Number of residential transactions slip 10% and 8% in the two key Saudi Arabian cities. A decrease in average sale prices for...
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Dubai’s Emirates REIT signs new tenants for Index Tower offices
Further releases of fitted-out floors at the Index Tower are expected by the end of October. Emirates REIT says it has signed...
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Dubai apartment prices down 11%, set to fall further – JLL
Tighter regulations, higher inflation and a stronger dollar expected to push prices down further. Dubai apartment prices fell by 11% in the...
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Belgrade Waterfront construction begins, says UAE’s Eagle Hills
The $3 billion project in Serbia is set to cover a 1 million square metre site. Construction of the first residential buildings...
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Delayed Mall of Qatar signs deal with Alshaya for 32 stores
Agreement involves brands including Debenhams, Shake Shack and Victoria’s Secret; mall due to open late 2016. More than 30 global brands are...
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SKAI looks to export patented Dubai building concept
Developer says design of Viceroy Dubai Jumeirah Village property could be replicated in cities like Shanghai, Singapore or New York. The Dubai-based...
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Dubai Holding expects annual profits to hit $1.5bn
Group that manages Dubai Properties and Jumeirah hotels reports 24% higher profit for first half of 2015. Dubai Holding, which manages various...
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Chestertons to market London’s $910m Wardian project in UAE
Property agent targets GCC investors looking to buy a home in London. International property agency Chestertons plans to market a $910 million...
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Beirut property sale values ‘plummet by 22.5%’
Overall Lebanon market sees double-digit declines in first eight months of 2015. The value of Beirut property sales plummeted by 22.5% in...
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Dubai’s Damac raises $100m in sukuk issue
Property developer says proceeds will partly be used to acquire land plots. Damac says its property development arm has raised $100 million...