Real Estate

What could Ronaldo buy with his World Cup Salary [Infographic]

What could Ronaldo buy with his World Cup Salary [Infographic]

The World Cup is in full flow and it is no secret that the world’s best footballers who are showing off their skills in Brazil, are earning a substantial sum of money for participating in the month long tournament. Portugese superstar Cristiano Ronaldo is the second highest paid athlete, according […]

 
 

MidEast investors to spend $180 billion in Global Real Estate markets

MidEast investors to spend $180 billion in Global Real Estate markets

Middle East Investors to Spend US$180 Billion in Global Real Estate Markets Over Next Decade: CBRE – Sovereign Wealth Funds Poised for Major Impact on Global Property Markets – Europe Clear Favorite with 80% of Expected Allocation – $85bn to Flow into UK; Italy Germany, France, Spain also Key Targets […]

 
 

Top 10 Real Estate projects in Dubai by value

Top 10 Real Estate projects in Dubai by value

With a combined value of close to $240bn, Dubai’s biggest real estate projects will massively redefine the emirate’s landscape in the next decade. MEED Projects, which tracks various construction projects across the region, has compiled the latest data on ongoing property developments in Dubai and has listed the top ten […]

 
 

IHS Forum Identifies Key Points for Middle East Economic Growth

IHS Forum Identifies Key Points for Middle East Economic Growth

As far as economic prosperity is concerned, one doesn’t have to look towards the otherwise conventional Western countries nor towards the Far East, in China. It’s in the Middle East that the treasure trove of economic prosperity lies with new highs being expected in the forthcoming two decades. Scott Key, […]

 
 

How Lebanese Politicians Nullified UDHR’s “ Right to Housing ”

How Lebanese Politicians Nullified UDHR’s “ Right to Housing ”

The fall of the Soviet Union in 1991 have demoted communism and socialism to the least importance upon which capitalistic notions flourished all around the world. Since then, the dominant economic trends revolve around the economic theory of deregulation of the markets and noninterference of governments, theorized as the Free […]

 
 

Dubai Canal to Catapult City’s Real Estate and Tourism Landscape

Dubai Canal to Catapult City’s Real Estate and Tourism Landscape

The Dubai Canal project will transform the city through Real Estate and Tourism Innovation The Dubai Canal Project, a 14-million square feet mega development extending the Dubai creek water way into the Arabian Gulf offers a fresh perspective to waterfront leisure activities and is set to become a major tourist […]

 
 

Dubai amongst Global Metropolises with Stronger Economic Trends

Dubai amongst Global Metropolises with Stronger Economic Trends

JLL Survey Highlights Dubai amongst Global Metropolises with Stronger Economic Trends In order to determine and map out the futuristic developmental trends of leading metropolises, leading global property consultants, Jones Lang LaSalle (JLL) carried out the first City Momentum Index (CMI) analysis across 111-major cities across the world. The CMI […]

 
 

Middle Eastern Investment Trends in Global Property Market

Middle Eastern Investment Trends in Global Property Market

Oil & gas revenues look for safe, long term home in global property, reveals JLL’s latest Global Capital Markets Research report. JLL’s report provides insights into the investment trends of Middle Eastern oil rich economies including, an estimate of the region’s top Sovereign Wealth Funds (SWFs), the outbound Middle Eastern […]

 
 

Dubai Most Expensive for Rental Property Investment in the Middle East: Latest Survey Reports

Dubai Most Expensive for Rental Property Investment in the Middle East: Latest Survey Reports

Dubai is the most expensive region for expatriates to rent properties with 30% increase in rental property rates What’s the next best thing to do if we aren’t able to afford our ‘dream home’ in an exquisite foreign location? Of course, try and rent our dream palazzos! But even renting […]

 
 

Commerce Activities in Dubai Surge: Brighter Times Await in the Horizon

Commerce Activities in Dubai Surge: Brighter Times Await in the Horizon

Dubai’s economy is bouncing back with latest trade figures revealing that Dubai’s trade grew exponentially to over 1.32 trillion dirhams (about US$ 362 million) in 2013, leading to a growth of about 7.6%. Regarded to be one of the richest regions in the oil-laden Middle East, the UAE and in […]

 
 

Surging Property Trends highlight the UAE Real Estate Spectrum

Surging Property Trends highlight the UAE Real Estate Spectrum

Looking at the architectural marvels that dot the landscape of the United Arab Emirates, it doesn’t take long for one to imagine living in one of these marvels. It’s an often repeated thought amongst all who dream of living in a utopia, but only few get to actualise these thoughts […]

 
 

The Real Picture of the UAE Real Estate Sector: Towards Economic Boom

The Real Picture of the UAE Real Estate Sector: Towards Economic Boom

Property and real estate are two aspects in an economy that are highly vulnerable and immensely susceptible to the slightest variation. When these two elements enjoy a period of boom, there’s much to speak about – boast and brag even. But the facet of a threat of the boom bursting […]

 
 

Middle East to gain from increased Chinese outbound M&A

Middle East to gain from increased Chinese outbound M&A

Deloitte Survey Reveals Changing Preferential Moods: From China to the Middle-east  Despite the gloom and doom that overrode most of the global economy in 2013, the Asian economic giant China notched some significant successes as far as its economic activities were concerned. Deloitte recently carried out a survey as a […]

 
 

Hong Kong-based CTFE buys $1.9bn worth property in Dubai Pearl

Hong Kong-based CTFE buys $1.9bn worth property in Dubai Pearl

The purchase includes high-end residences and serviced apartments and two 5-star hotels Pearl Dubai FZ LLC today announces the successful sale of prime property assets valued at US$1.9 billion (6.8 Billion AED) within its 20 million sq ft Dubai Pearl development project to the Hong Kong-based Chow Tai Fook Endowment […]

 
 

Unveiling District One: Dubai’s New-age Metropolis [Images]

Unveiling District One: Dubai’s New-age Metropolis [Images]

Unveiling District One: Welcoming the New-age Metropolis of Mohammed bin Rashid City District One of the AED30bn ($8.17bn) Mohammed bin Rashid City was unveiled on Tuesday, 28th January 2014, by His Highness Sheikh Mohammed bin Rashid, Vice-president, Prime Minister and Ruler of Dubai. The unique metropolis boasts of a never-before-seen blending […]

 
 

Sustainability, lights the way for business

Sustainability, lights the way for business

It was recently announced that Dubai will be the first Middle Eastern city to host a World Expo trade convention, which happens in 2020. With sustainability set to be one of the three core themes at the event, the World Expo site will be built using the latest cleantech available. […]

 
 

Dubai launches online real estate portal ‘eMart’

Dubai launches online real estate portal ‘eMart’

eMart – The new real estate portal aims to provide transparency and credibility to Dubai’s real estate market The first of its kind in the region enhancing the leadership of Dubai on the global map of real estate Latest initiative in line with Government of Dubai’s vision move towards smart government  The […]

 
 

Dubai Cityscape Global 2013 Shines [Photos]

Dubai Cityscape Global 2013 Shines [Photos]

Dubai Cityscape Global 2013 has attracted over 30,000 visitors, a 53 percent rise compared to last year. Cityscape Global is Middle East’s mega real estate gathering event where participants showcase their latest property developments and peripheral real estate products and services. Cityscape Global is touted as the barometer of the […]

 
 

Asian investors to invest $150bn in global real estate

Asian investors to invest $150bn in global real estate

Asian institutional investors are looking to invest in excess of US $150 billion in global real estate – Limited Investable Stock in Home Regions Leads to Overseas Investment Surge – Asia will seek opportunities overseas in Dubai, London, New York, Sydney Asian institutional investors are looking to invest in excess […]

 
 

Mubadala, Gulf Related refinance AED 248mn The Galleria debt

Mubadala, Gulf Related refinance AED 248mn The Galleria debt

Mubadala and Gulf Related Announce AED 248 Million Refinancing of The Galleria Debt with the National Bank of Abu Dhabi, following the Successful Opening and 100% Leasing of the Retail Mall. Mubadala Real Estate & Infrastructure (‘MREI’), a business unit of Mubadala Development Company PJSC, and Gulf Related, a regional real estate development […]

 
 

UAE Retail Market highly competitive despite rising rents

UAE Retail Market highly competitive despite rising rents

Despite rising rents the UAE retail market remains a competitive option for international retailers, according to the latest research by CBRE, the global real estate consulting firm. Retail Rents in New York, London, Tokyo and Zurich on the Rise Average retail rental rates for Dubai stood at US$114 per sq […]

 
 

Abu Dhabi worker relocations boost real estate

Abu Dhabi worker relocations boost real estate

An Abu Dhabi government requirement for public sector workers to reside in Abu Dhabi, provides a boost to the capital’s real estate sector. The real estate market is already benefiting from the Executive Council of Abu Dhabi’s planned five year investment of AED 330 bn The rising level of housing […]

 
 

Dubai residential property recovery gathers steam

Dubai residential property recovery gathers steam

The Dubai residential property market recovery gathers pace, with Sharjah also benefiting, reveals Cluttons. Cluttons, the global real estate company with a dedicated Middle Eastern presence, today issues its latest market analysis in The Property Report (Summer 2013).  This annual publication is timed to fall between the two existing bi-annual reports […]

 
 

Abu Dhabi residential rental rates fall 4% in Q2

Abu Dhabi residential rental rates fall 4% in Q2

RESIDENTIAL RENTS CONTINUE TO SLIDE IN ABU DHABI, BUT A RECOVERY IS EXPECTED IN THE FRAGMENTED RENTAL MARKET BEFORE THE END OF 2013. Residential rental rates fell by 4% during the quarter, despite the increasing interest in rentals. Office rents remain stable during Q2, but down 5% annually as supply […]

 
 

UAE real estate commercial market shows strength

Dubai Hotel Kempinski, Palm Jumeirah

Growing interest from global investors has sparked a rebound of the UAE commercial property market. The Global Commercial Property Survey by the Royal Institution of Chartered Surveyors (RICS), shows a sharp increase in global investor confidence in the UAE property market. The UAE leads the RICS Occupier Sentiment Index, while […]

 
 

Abu Dhabi Investment Council buy into Japan tower

Shiba Park Building

The Abu Dhabi Investment Council has partnered with two other Japanese investors to buy a billion dollar Tokyo office tower. Market information shows that this is the biggest property deal in Japan since February, and the largest involving a foreign investor since the 2008-2009 global financial meltdown. The group of […]

 
 

Dilmunia at Bahrain sold out, in one day

Dilmunia at Bahrain sold out, in one day

“You can print money, manufacture diamonds, and people are a dime a dozen, but they’ll always need land. It’s the one thing they’re not making any more of.” — Lex Luther, in Superman Returns, back in 2006. Looks like Lex Luther was debating upon the simple economic laws of demand […]

 
 

Dubai real estate values soar, bring IMF warning

Dubai real estate values soar, bring IMF warning

The International Monetary Fund (IMF) has warned Dubai authorities that another real estate bubble may be in the making, if the government does not intervene to slow the dramatic increase in property values. In the aftermath of the 2008 global financial meltdown, the Dubai property market crashed (as did many […]

 
 

Dubai real estate: Gov’t decree helps investors

Dubai real estate: Gov’t decree helps investors

In the latest move to help the Dubai real estate sector revive some investor confidence, the government of Dubai has decided to compensate investors who have lost billions of dollars in officially cancelled projects. Under a decree by Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum, a special legal committee will […]

 
 

Indians Top Foreign Real Estate Buyers in Dubai

Indians Top Foreign Real Estate Buyers in Dubai

The Government of Dubai Land Department has announced that funds invested in the emirates’ real estate market has reached AED53 billion, with Emiratis ranking highest among Gulf investors with AED12 billion in spending – reports WAM. A break-down of AED53 billion in investments shows that Arab investors contributed to approximately […]

 
 

Dubai office market continues to experience rising demand

Dubai office market continues to experience rising demand

Dubai witnesses strong rental growth in emerging masterplan locations as cost sensitive occupiers drive demand Total value of residential transactions reached AED28.8 billion in the first half of 2013 The Dubai office market continued to experience rising demand with new leasing enquiries and live requirements, reflecting the improving state of […]

 
 

Bahrain Real Estate on recovery path

Bahrain Real Estate on recovery path

Office and residential rental rates remain stable with renewed interest in commercial sales transactions Bahrain’s economic growth showed positive signs in the first quarter as oil outputs were revived; employment in the kingdom also rose significantly over the last year, largely on the back of a programme of real estate/infrastructure […]

 
 

Abu Dhabi Real Estate Recovers and Matures

Abu Dhabi Real Estate Recovers and Matures

Jones Lang LaSalle, the world’s leading real estate investment and advisory firm, has released its second quarter, 2013 Abu Dhabi Market Overview report covering the office, residential, retail and hospitality market segments, highlights the market recovery commenced in Q1, has continued through Q2. David Dudley; “The first half of 2013 […]

 
 

Dubai Real Estate up 30%, nears $30 billion YTD

Dubai Real Estate up 30%, nears $30 billion YTD

Latest figures released by Dubai’s Land Department shows that Dubai Real Estate transactions are up 30% closing on $30 billion in H1 2013. According to figures recently released by the Government of Dubai Land Department, the total value of real estate transactions in Dubai for the first half of 2013 […]

 
 

Middle East leads global real estate recovery

Middle East leads global real estate recovery

New market data suggests that global commercial real estate markets have continued to make a solid recovery, largely driven by the Asian and Middle East region. Compared to the same period last year, the transaction volumes are up by 11 percent in the first half of 2013. Data from Jones […]

 
 

India’s real estate sways Abu Dhabi fund

India’s real estate sways Abu Dhabi fund

It has been reported that the Abu Dhabi Investment Authority (ADIA) is planning to invest an estimated USD 200 million in India’s real estate sector. The ADIA, a sovereign wealth fund responsible for managing the vast wealth of oil-rich UAE, has appointed Kotak Realty Fund to make the investments. Analysts […]

 
 

London still the Property Hotspot for Arabs

London still the Property Hotspot for Arabs

Although GCC investors are scouring the world for bargain deals, London’s real estate market has continued to attract them in huge numbers. According to Paul Preston, director and head of property investment company IP Global Middle East, London has earned the reputation of being a safe haven for property investors. […]

 
 

Dubai property prices healthy and rising

Dubai property prices healthy and rising

Dubai property prices have recorded another robust performance in Q2, which is the fourth consecutive quarter of (strong) leasing and sales growth. Apartment sales prices grew on average by 12 percent in the three months to the end of June 2013, with year-on-year growth standing at a remarkable 38 percent. […]

 
 

Jakarta ranked highest among the promising markets of Asia-Pacific

Jakarta ranked highest among the promising markets of Asia-Pacific

IP Global Property Barometer Q2 2013: Jakarta ranked highest among the promising markets of Asia-Pacific  Jakarta, with the fourth largest population in the world has attractive demographics for real estate investors The Australian economy is becoming two phase, with Queensland and the west propelled by the mining boom while federal and […]

 
 

Qatar economy described as ‘vibrant’ – report

Qatar economy described as ‘vibrant’ – report

According to a Colliers International report, the Qatar economy has become one of the most vibrant in the Middle East and the world at large, on the back of its hydrocarbon reserves. The World Economic Forum Global Competitiveness Report for 2011-2012, ranked Qatar at No. 14, on the list of […]

 
 
 
 
 

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