Dubai set to break new records with world’s tallest residential tower

Dubai is looking to break more records with its latest megaproject, which is set to include the world’s tallest residential tower, longest indoor...

Property

Strong dollar ‘hits Dubai luxury property market’

The strong US dollar is weighing on Dubai’s luxury property market, with a 4.5% year-on-year decline in prices in the second quarter of 2015, according...

Property

Dubai-based S&K Estate Agents files for bankruptcy

The Dubai-based S&K Estate Agents says it will file for bankruptcy and begin liquidation proceedings, having been hit badly by difficult market conditions.The...

Property

Dubai’s Nakheel says six-month net profit up 53%

The Dubai developer Nakheel says it made a $770 million profit in the first half of 2015, an increase of 53% on the same...

Property

Value of Dubai property deals up by 15% in first half of 2015

The total value of real estate transactions recorded in Dubai in the first half of the year amounted to $35.1 billion (AED129bn),...

Property

India’s Tata Housing opens Dubai office

Indian real estate developer Tata Housing has opened an office in Dubai to meet growing demand in the region, the company announced....

Property

SPF Realty to sell townhouses at project in MBR City, Dubai

Property broker SPF Realty has been appointed to sell townhouses at a planned $272.2 million (AED1 billion) residential project in Dubai’s Mohammed Bin Rashid...