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Apartments in Kuwait lie ‘vacant’ as expats leave the country – report

A total of 102,280 residency visas held by expats were cancelled between 2015 and 2018

Rent-to-own: An alternative way to finance a home in the UAE

A rent-to-own scheme directly from a developer opens up the property market to a larger pool of potential investors

al ruwad ismail al hammadi

Video: “If the building and the community are under one developer, that is called a lifestyle product.”

Ismail Al Hammadi, managing director of Al Ruwad Real Estate, on why he is confident in the future of Dubai’s real estate sector

Abu Dhabi’s Aldar partners with Anarock Group to access Indian market

The partnership aims to provide Indian investors with direct access to Aldar’s portfolio in Abu Dhabi

Abu Dhabi’s Aldar says over 75% of its Alreeman II project’s phase one sold out

The Dhs1.7bn master-planned residential community offers land plots for sale exclusively to UAE nationals

UAE central bank focuses on real estate in anti-money laundering efforts

The bank will use a new anti-money laundering reporting platform starting from the end of June to identify illicit transactions

Dubai’s property developer The First Group in talks for financing

The firm is looking at potentially issuing US dollar-denominated sukuk

Abu Dhabi’s Aldar launches Dhs1.7bn residential project for UAE nationals

The prices start from Dhs690,000 per villa plot

Abu Dhabi sovereign fund ADIA buys full ownership of New York office block

Abu Dhabi Investment Authority bought a 25 per cent stake in 330 Madison Avenue from Vornado Realty Trust

Bahrain’s Investcorp acquires 11 US properties for $370m

The deal marks Investcorp’s largest US real estate portfolio acquired in the past decade

Dubai’s Emaar to develop mega business and tourism complex at Beijing airport

The complex will include retail, entertainment, office, hotel hospitality, convention, sport, art and lifestyle elements

Dubai developer offers European passport to eligible investors in its island project

Those investing over Dhs5m in the Heart of Europe project will qualify for a free Moldovan citizenship

Dubai’s Emaar Properties hires advisors for sale of district cooling unit – sources

Chairman Mohammed Alabbar said in an interview last year that the company was seeking to sell non-core assets

UAE property site Bayut expands into Saudi

The expansion follows Bayut’s acquisition of Lamudi Middle East in April

Developer Arada gets $1bn loan for two major Sharjah projects

The two Islamic facilities will be used to finance the Aljada and Nasma Residences projects

Dubai’s Emaar begins construction on Arabian Ranches III project

Featuring townhouses, the project will have a massive central park, a 4km long boulevard and a lazy river

Contract awarded for Dhs5bn Jubail Island project in Abu Dhabi

Enabling works are scheduled for completion in January 2020

Over 33% of UAE residents paying more rent than a year ago – survey

Nearly 37 per cent of residents are giving the same amount of rent as a year ago

Dubai property market will see upturn in 2017- KPMG

What will the Dubai property market look like post Expo 2020?

Matthew Gregory, head of property sales at dubizzle Property, looks ahead to 2021 and the impact of Expo 2020 on Dubai’s property market

Developer Damac acquires Dhs 1.26bn of land near Dubai Canal

Damac’s first-quarter profits drop 94% as Dubai property market slumps

Dubai property prices have fallen since a mid-2014 peak, hurt by weaker oil prices and muted sales

Abu Dhabi’s Aldar Properties posts 17.3% drop in Q1 profit

The developer plans to spend Dhs2.75bn in 2019 for residential and some commercial projects

Revealed: Dubai’s most expensive home sold so far in 2019

An off-plan five-bedroom apartment on the Palm has topped the list

Dubai office rents drop, with landlords offering ‘generous incentives’ – report

The majority of enquiry levels and transactions in Q1 were for small and medium sized office space

Dubai’s Emaar Properties reports 7.2% rise in Q1 profit as sales soar

Property sales jumped 53 per cent to Dhs5.98bn in the first three months of the year

New Dhs25bn plan revealed for Dubai’s Mina Rashid with mall by the sea, floating club

Mina Rashid will be a “Riviera style costal destination” similar to Monte Carlo, says developer Emaar

Buffett’s Berkshire Hathaway moves into Dubai despite property slump

It also plans to open a second UAE office in Abu Dhabi within a year

Danube Properties completes Dhs570m Starz and Glamz projects

Both projects were launched and sold out in 2016

Saudi wealth fund-backed real estate firm to buy $200m worth of mortgages

SRC, formed in 2017, is trying to boost the kingdom’s secondary mortgage market

Dubai developer Emaar says ‘seriously’ eyeing entry into China’s property market

The developer has signed a three-way agreement with ICBC and Emirates NBD to finance its expansion in the Chinese market

UAE real estate market sees ‘subdued’ performance in Q1

With more supply expected to be added throughout 2019, prices and rents will continue to decline, finds report