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Dubai Expo 2020 Win Will Spur Property Market – CBRE

A negative Expo result for Dubai may cause a short-term dip in sentiment levels, added the CBRE report.

London IPO Of Dubai’s DAMAC 75% Covered

The deal is scheduled to price on Tuesday so that trading can begin on Wednesday.

Abu Dhabi Scraps 5% Rent Rise Cap

Prime residential rents for new leases in Abu Dhabi were flat in the second quarter of this year after growing eight per cent in Q1.

Dubai Residents Priced Out As Living Costs Rise

Dubai expats’ housing allowance levels lag when compared to the sharp rise in rents and inflation.

Nakheel Launches 500 Plots In Dubai-Based Al Furjan Project

The plots are priced between Dhs1.1 million to Dhs3.3 million, the developer announced.

Abu Dhabi’s Aldar To Start Sukuk Roadshow On Nov.21

The developer will hold investor meetings in the UAE, Singapore, London, Hong Kong and Switzerland.

Dubai’s Property Market Not “Overheating” – Cluttons

New government regulations in the emirate are starting to take effect, says new report.

Aldar Hands Over New Properties In Abu Dhabi

Aldar’s latest properties will add on more units in Abu Dhabi’s Shams neighbourhood.

Al Ghurair Calls For Sanctions To Back UAE’s New Mortgage Law

Banks who violate the new rule should be fined and suspended, says Abdulaziz al-Ghurair, head of the UAE Banks Federation

IMF Warns Dubai Of Property Market Exuberance

House prices in the emirate have jumped over 20 per cent in the last year, prompting the IMF to warn in July of the risk of another bubble forming.

Fairmont The Palm Penthouses Target Second Homers

Repeat holidaymakers and executives can now buy a slice of Penthouse luxury living.

Aldar Properties Nearly Doubles Q3 Profit

The Abu Dhabi builder made a profit of Dhs407.5 million compared with Dhs205.7 million in the corresponding period of 2012.

Oman Property Developer Sells Country’s First Sukuk

Oman began to introduce Islamic finance last year, becoming the last of the six Gulf Cooperation Council states to do so.

Investcorp Buys $250m Worth Of U.S. Real Estate Assets

The Bahrain company bought high-end offices and retail space in greater Chicago, Los Angeles, Minneapolis and New York.

Abu Dhabi Property Prices Rise 5% In Q3

Abu Dhabi’s property prices have risen throughout the year as rents have stabilised due to continued demand.

Dubai’s Online Real Estate Portal To Increase Transparency

The new portal will provide information on real estate and support stakeholders across the industry.

UAE Ranks 8th In The World For Buying Global Property

A new report shows investors from the Emirates favour London, Paris and Geneva for overseas property.

Damac Announces $500m London Share Listing

Citigroup and Deutsche Bank are joint bookrunners for the offering.

Dubai Land Department Chief: “I Don’t Believe There’s A Bubble Forming”

Dubai’s housing market is rebounding strongly, with prices up over 20 per cent in the last 12 months.

Dubai Named Global Property Investment Hotspot

Dubai’s property investors have been seeing a net yield of six per cent in just Q3 2013.

Property Mortgage Caps Encourage ‘Responsible Lending’

The government’s latest regulation highlights the importance of responsible financing and purges the overactive mortgage providers.

UAE Central Bank Watching House Prices, Sees No Bubble

Dubai’s house prices have risen over 20 per cent in the last 12 months.

Housing Shortage Poses A Dilemma For Kuwait

Kuwaiti men can apply for government housing after marriage, receiving loans that are paid off slowly.

UAE Central Bank Confirms Mortgage Caps

First time expat buyers will have mortgages limited to 75 per cent of a property’s value with UAE nationals limited to 80 per cent.

Emaar Launches $3bn Project In Iraqi Kurdistan

The “Erbil Downtown” project is due to be completed in three stages over a period of around five years

Emaar Posts 50% Q3 Profit Jump

Emaar made Dhs581 million in the quarter ending September 30 compared with Dhs387 million in the corresponding period in 2012.

Dubai’s Arabtec Wins $53m Deal To Complete Palm Island Hotel

Arabtec will build two mixed-use towers for the 332-room Tiara Hotel on Palm Jumeirah

Damac Boss: UAE Banks “Too Timid”, Not Lending Enough

The Dubai-based property developer said that facilitating mortgages for non-residents would help drive real estate investments.

Rents Rise In Dubai’s Cheaper Communities

Communities like International City and Jumeirah Village Circle are seeing a rise in demand.

Dubai Property Projects Need Strong Funding

Expert says buyers should have a long-term perspective in mind when purchasing property, which would make the market more sustainable.