Property demand in the Omani capital has been hit hard by the reduction in oil prices
Azizi Montrell is the developer’s ninth project in Al Furjan
Weak job growth and reduced housing allowances continued to weigh on the market, according to Asteco
A total of 52,170 transactions were recorded with a total value of Dhs204bn between January to September
The investment firm has acquired seven industrial properties across the UK
Retail investors can subscribe to the offering between November 2 to 13
Off-plan properties accounted for 73 per cent of overall sales volumes in Q3
Huawei will install smart home applications and improved network capabilities in Deyaar projects
Emaar’s property arm plans to offer up to 30 per cent of its shares to the public
The Saudi Mortgage Refinancing Company will acquire portfolios, issue sukuk and provide access to financing
The most transacted area for off-plan properties was Dubai South with a total of 1,151 deals
The development is scheduled to be completed in the fourth quarter of 2020
Cost of sales in the third quarter grew to Dhs1.3bn
Construction of the project is scheduled to begin in November
Sales prices were down by around 1 per cent in Q3, finds CBRE report
When ready, the marinas will accommodate a total of 614 boats
The developments will include 58 buildings with 8,000 residential units
Tenants have been able to negotiate rental declines of 5 to 7 per cent
The developments are slated to be handed over in December
Post-dated cheques are used for the majority of property rental transactions in the UAE
The acquisition is expected to deliver a gross yield of 7.4 per cent
Citizens on the kingdom’s housing list will be able to nominate a relative as a guarantor for mortgages
The valuation is based on the assets Emaar plans to inject into the listed vehicle
Saudi authorities have taken a number of measures since last year to stimulate the real estate market
The government did not specify how it would ensure that owners complied with the policy
The hotel will be operated by Emaar’s Address Hotels + Resorts
The mega mixed-use project will feature “the world’s largest cantilever”
Emaar Properties plans to launch an IPO of its local real estate development business by November
The deal is set to achieve the target of 75 per cent creditor support by the end of the month, sources said
The projects will be four times the size and value of the Dhs12bn Azizi Riviera waterfront project