Construction & Real Estate
April 10, 2014
Abu Dhabi’s decision to remove the 5 per cent rental cap was the factor fuelling the increases, much to tenants’ dismay
April 9, 2014
Dubai’s residential sales market has slowed down to more moderate growth levels in the first quarter of 2014 following a spike in prices, after the Expo 2020 announcement at the end of 2013.
Dubai Properties Group today announced its future vision and strategy which will see the group transition into a holding company with the ownership of three companies.
April 8, 2014
The upward pressure on Dubai’s residential rents continues to mount even as new homes are getting delivered in higher numbers, in the first three months of this year, rentals were up by 7 per cent over the fourth quarter of 2013.
April 6, 2014
A detailed market intelligence report covering the first quarter of 2014 issued by TASWEEK Real Estate Development and Marketing shows average selling and lease price increases of between 10 to 15 per cent for real estate units in the UAE.
International Property Show (IPS) will have a large Indian participation under the umbrella of the National Real Estate Development Council (NAREDCO), a leading real estate body in India.
April 3, 2014
Average apartment prices in Abu Dhabi gained 9 per cent during the first quarter of 2014, slowing 2 per cent from the previous quarter’s rise of 11 per cent.
April 2, 2014
The changing patterns of supply and demand led to a mixed performance for specific pockets of the Abu Dhabi real estate market in Q1 2014, according to the Asteco Q1 2014 real estate report.
With the removal of the rent cap, housing costs will contribute to inflation, this year. In the UAE, headline inflation rate for 2013 was at 1.1 per cent.
March 30, 2014
Emaar Properties, the global property developer, has launched ‘Samara’ villas, the newest addition to the established community’s ongoing extension.
RAK Properties encouraged the residents of its local communities to switch off their lights Saturday night (March 29, 2014) in celebration of this year’s edition of Earth Hour.
March 27, 2014
American firms Parsons and Halcrow will begin next phase of construction plan, awarded by Dubai's Roads and Transport Authority.
March 26, 2014
Britain is investing $97.7 million in Bahrain to expand its military presence in the Gulf country.
Emaar Properties celebrated the renewal of their partnership with Lotus F1 Team by unveiling the brand new E22 racecar that has joined its racing fleet, in Downtown Dubai.
March 25, 2014
Saudi Arabia's legislation over the past few months has forced more than 50 per cent of KSA contracting firms to close their doors.