Dubai Metro sees property values ‘rise by up to 41%’

Properties located within 1.5km of Red and Green Line stations have risen in value by 13-41%, Roads and Transport Authority says. The...

Abu Dhabi Urban Planning Council approves Al Reem Island master plan

Plan will enable three big developers, including Aldar Properties, to complete their own schemes on the island. Abu Dhabi’s Urban Planning Council...

Abu Dhabi ‘set to launch provisional rent index’

Various government departments said to be compiling the index with a likely launch later this year, it was reported. The Abu Dhabi...

Damac Properties to open women-only sales office in Dubai

Developer says move is response to increasing number of female buyers. Property developer Damac plans to open a women-only sales office in...

Dubai Sports City’s Venetian building set for handover

First residents at Canal Residence West development set to move in this week, according to statement. Dubai Sports City plans a handover...

Dubai property market near bottom of world ranking as prices fall 6.1%

Emirate placed 53rd among 56 countries ranked by Knight Frank’s Global House Price Index. Dubai property prices were down by 6.1% in the...

Nakheel approves ‘floating islands’ project at The World in Dubai

Kuwait’s Oqyana Real Estate, Dutch Docklands to develop 33 luxury private islands in the shape of Australasia. Dubai’s Nakheel has given the...

Dubai’s DIFC plans to triple in size by 2024

Dubai International Financial Centre says it will increase office space to 511,000sqm to support expansion. The Dubai International Financial Centre (DIFC) is...

Hilton, UAE’s Wasl to open two mid-market hotels in Dubai

Signing follows the Middle East debut of the Hampton by Hilton brand. Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced...

Bayti Homes project in Ras Al Khaimah, UAE nears completion

First 80 homes on $68m development to be ready in November, says developer Al Hamra Real Estate Development. Al Hamra Real Estate...

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