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GCC inflation up 1.7% in October 2024 on housing pricesThe overall inflation rate in the Gulf Cooperation Council (GCC) countries rose by 1.7% at the end of October 2024 compared to the rate recorded during the same month of the previous year, according to the data released by the Statistical Cent More… |
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Qatar housing prices, rents dip as World Cup boost dissipatesThe housing market in Qatar faces challenges as a fall in demand for residential properties is coupled with a rise in supply following the construction boom linked to the FIFA World Cup 2022, accorrding to leading global real estate consultanc More… |
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Abu Dhabi housing crunch to ease, mortgages toughNew residential supply in Abu Dhabi's freehold areas this year will ease the emirate's housing shortage as it pushes down prices, but a tight mortgage market will pose challenges, analysts and bankers said. Some 15,000 to 20,000 ne More… |
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Dubai house prices 'may fall 15pc after '09 peak'Soaring housing prices in Dubai are likely to peak in 2009 before falling at least 15 percent as the emirate takes measures to weed out short-term speculators, a Reuters poll showed on Tuesday. Residential property prices in the city, home More… |