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At least 43 people killed in apartment blaze in KuwaitMore than 40 people were killed in a fire in an apartment building housing workers in the city of Mangaf in Kuwait’s southern Ahmadi Governorate. An initial report by the Kuwait News Agency (KUNA More… |
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Aldar announces sale of Abu Dhabi’s most expensive apartmentAldar, the leading real estate developer, investor, and manager in the UAE, announced today the landmark sale of Abu Dhabi’s most expensive apartment, a three-bed penthouse at Nobu Residences on Saadiyat Island valued at AED137 million ( More… |
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Damac unveils aqua-themed apartment complex at LagoonsUAE luxury project developer Damac Properties has announced the launch of its first apartment complex within its upcoming master community, Damac Lagoons, in Dubai. The Damac Lagoon Views will offer one- and tw More… |
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Settler unveils luxury apartment transformation in DubaiSettler, the renowned visionary in interior renovations, said it has teamed up with the renowned Settler verified designer to unveil a luxury apartment transformation at City Walk in Dubai - a living space that transcends imagination. More… |
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Hilton launches apartment-style extended-stay brandHilton has launched an inventive new extended-stay brand designed to meet the needs of the rapidly expanding $300 billion workforce travel market looking for apartment-style accommodations for 20 nights or more Launching in the US More… |
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Dubai's real estate transactions value for May hits 4-year highDubai has recorded a total of 4,429 real estate transactions for May with a value of over AED11.1 billion ($3.02 billion), the highest for a month since March 2017, according to Mo’asher, Dubai’s official sales price index. More… |
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UAE residential communities 'likely to see stability this year'UAE’s property market saw prices and rents of residential communities with superior offerings stabilise during Q4 and this year more communities are likely to display stabilisation in capital values with the successful vaccine ro More… |
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Dubai’s apartment, villa prices down in Q2 over Covid crisisDubai’s residential sector faced a challenging second quarter of 2020, with social distancing measures, coupled with Covid-19’s economic impact, affecting market performance, said global property expert Chestertons. &n More… |
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Dubai home prices, rental rates stabilise: studyDubai’s real estate market could be seeing the first signs of growing market confidence, said property services provider Chestertons, as a result of a notable slowdown in apartment sales price declines and the stabilisation of rental rates More… |
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Dubai apartment prices down 15pc; 50,000 new units seenAverage apartment prices in Dubai declined by 15% between Q4 2018 and Q4 2019 and villa/townhouse prices were lower by 18%, according to a report. Over 50,000 new units will hit the market in 2020, with a More… |
