Dubai property market ‘stands tall’ among rivals despite price slump

Decent rental yields and tax-free status means Dubai is still attractive to investors, says Knight Frank. Dubai’s real estate investment sector still...

Dubai’s Juma Al Majid opens Jood Hospitality arm

New division will manage the Jood Palace Hotel in Deira, formerly the Taj Palace Hotel. Dubai’s Juma Al Majid Group has opened...

Qatar buys iconic Westin hotel in Rome for $251m

The Westin Excelsior Rome will be renovated after purchase by Qatar Holding’s Katara Hospitality. Qatar has bought the The Westin Excelsior Rome...

AccorHotels to be first international chain to open in Iran since 1979

French group in deal with local firm to open two properties in Tehran. France’s AccorHotels has signed with Iran’s Aria Ziggurat to...

Crystal Lagoons to exhibit projects worth $1bn at Cityscape Egypt

Company has four active projects in Egypt, including the world’s largest lagoon at Sharm El Sheikh. Crystal Lagoons says it will exhibit...

Kuwait’s TREG to hand over UK residential project

The Pearl Works in Sheffield is set to be handed over to owners this month, says exec. The Kuwaiti developer Top Real...

Dubai property prices ‘to rebound over next 12 months’

The emirate has the worst-performing real estate market in the world – but 60% of residents think it will recover soon. Dubai...

Ajman’s Al Zorah to build two new communities worth $408m

Construction of the Golf Estates and Al Zorah Beach Residences set to begin in early 2016. Ajman’s Al Zorah Development Company, a...

Dubai’s DMCC says One JLT block ready for lease

Units in 27,000 square-metre building available under flexible long-term tenure. One JLT, the Dubai Multi Commodities Centre’s latest commercial building, is now...

Cityscape Global property show kicks off in Dubai

Nakheel, Damac and Bloom Properties are among developers showcasing projects at this year’s exhibition. The 2015 edition of Cityscape Global kicked off...

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