Real Estate

Dubai Properties launches new Mudon Views community

Dubai Properties has announced the launch of Mudon Views, a new apartment complex within the Mudon residential master community in Dubailand. The developer said in a statement that the launch…

 
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Real Estate

Bahrain’s property sector stable despite economic slowdown

Despite the expected slowdown in the kingdom’s economy, the second half of 2016 was stable for some of the sectors in Bahrain, including property and a foreseen 1.7 percent decline in…

 
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Real Estate

Dubai makes it tougher for brokers selling overseas properties

Dubai Land Department on Tuesday issued stricter guidelines for brokers marketing overseas properties in the emirate, warning of legal action against those failing to follow the set rules. In a…

 
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Real Estate

Dubai South finds place in world’s best 5 communities

Dubai South, a master planned ‘aerotropolis’, has been named in the list of the world’s five best neighbourhoods in the infrastructure and transport category, according to Knight Frank. The 145-square…

 
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Real Estate

Damac rebrands flagship Trump golf homes project in Dubai

Dubai developer has announced the rebranding of its flagship development in the emirate which will feature the Trump International Golf Club Dubai as its centrepiece. Previously known as Akoya by…

 
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Real Estate

Abu Dhabi residential rents forecast to fall further in Q1

Rents in Abu Dhabi will be under pressure in the first quarter 2017 due to economic uncertainties and redundancies due to shrinkage of the oil and gas sector, according to…

 
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Real Estate

Property supply glut could give Dubai tenants upper hand in 2017

Tenants in Dubai could have the upper hand when negotiating rental rates thanks to a significant amount of stock coming to the market in 2017, according to real estate consultancy…

 
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Real Estate

Aldar Properties expects lower 2017 sales after flat Q4 profit

Aldar Properties expects lower sales in 2017, its chief financial officer said on Tuesday after the builder of Abu Dhabi’s Formula One circuit reported flat fourth-quarter profit. Net attributable profit…

 
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Real Estate

Dubai South, Deyaar reveal new mixed-use project

Dubai developers Deyaar and Dubai South have signed a memorandum of understanding (MoU) to develop a new multi-purpose project in the emirate. The new project, spread across an area of…

 
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