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Dubai residential sales up 15.4pc; commercial sales hit $2.5bnDubai’s real estate market continued to grow robustly in November, with the residential sector posting a 15.4% year-over-year increase and the commercial market recording a total sales value of AED9.2 billion ($2.5 billion). More… |
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Zamil acquires major stake in Wolffkran's Saudi rental businessWolffkran Holding, a leading designer and builder of tower cranes based in Germany, has announced that it has sealed a strategic partnership agreement with Saudi-based Zamil Group Investment Company. Under this More… |
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Zamil acquires major stake in Wolffkran's Saudi rental businessWolffkran Holding, a leading designer and builder of tower cranes based in Germany, has announced that it has sealed a strategic partnership agreement with Saudi-based Zamil Group Investment Company. Under this More… |
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Riyadh’s office market sees strong rental growth in Q3The office market in Saudi capital Riyadh is experiencing strong growth, driven by heightened demand and a significant rise in rental values, according to leading real estate expert Savills. The city’s st More… |
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Dubai smart-rental startup Colife launches in Hong KongColife, a UAE-based smart-rental startup that operates as a full-cycle property management company, started the expansion into the Asian market, beginning with Hong Kong in May 2024. From the start Co More… |
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Jumeirah Bay residence in record-breaking $1m Dubai rental dealDriven Properties, a leading real estate brokerage, has announced that a five-bedroom residence in the Villa Amalfi community on Jumeirah Bay Island has broken the record for the most expensive townhouse ever rented in Dubai. More… |
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Abu Dhabi and Dubai ‘see supply imbalance in rental market’The supply-and-demand imbalance in both Abu Dhabi and Dubai continues to drive rental performance, where in the year to Q1 2024, average retail rents in Abu Dhabi and Dubai rose by 14.7% and 10.5%, respectively. More… |
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Abu Dhabi and Dubai ‘see supply imbalance in rental market’The supply-and-demand imbalance in both Abu Dhabi and Dubai continues to drive rental performance, where in the year to Q1 2024, average retail rents in Abu Dhabi and Dubai rose by 14.7% and 10.5%, respectively. More… |
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Steady growth in Oman’s residential, office rental marketsOman’s real estate market has seen steady growth over the past two years, driven by the notable increase in the expatriate population over the last 18 months and strategic investment in the economy. More… |
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Construction equipment rental market to hit $225bn by 2032The global construction equipment rental market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of $225 billion by 2032 with a projected CAGR of 4% over 2023-2032, accordin More… |
