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Expo 2020 win set to boost Dubai property market

Tuesday 17th December 2013

The Dubai property market is likely to see greater growth in 2014, supported by the emirate’s successful Expo 2020 bid, according to Mahdi Amjad, CEO of real estate company Omniyat...

Dubai property prices continue to increase

Thursday 7th November 2013

Dubai property prices rose further during the third quarter of this year, as the market recovery continued to pick up, supported by soaring demand from international buyers, a new report said...

Dubai property prices soar

Monday 16th September 2013

There was a significant increase in Dubai property values during the second quarter (Q2) of this year, according to Cluttons...

UAE property market recovery continues

Wednesday 10th July 2013

The UAE property market continued to go from strength to strength during the first half of this year, with values rising across many parts of the country, particularly in Dubai and Abu Dhabi, on the back of higher transaction levels...

Qatar splash the cash on 2022 World Cup

Wednesday 10th July 2013

Oil-rich Qatar is planning to spend in the region of £134m on infrastructure and transport improvements ahead of the World Cup in 2022, according to a new Deloitte report...

Damac starts work on first luxury tower in Baghdad

Tuesday 18th June 2013

When thinking about buying a holiday home, very few of us would consider buying a property in Iraq...

Dubai property boom fuelled by growing supply-demand imbalance

Thursday 30th May 2013

Dubai property prices and sales are expected to continuine rising over the next three years due to the growing gap between demand and supply, according to Damac Group founder and chairman Hussain Sajwani...

Activity in the Oman property market remains buoyant

Monday 8th April 2013

The Oman property market remains highly active, particularly the rental sector, presenting lots of opportunities for property investors, accotrding to Savills Oman...

UAE may scrap planned mortgage restrictions

Thursday 4th April 2013

Plans to introduce greater restrictions in the mortgage market in the UAE to help prevent homeowners from overstretching themselves and potentially falling into negative equity should UAE property prices fall could be abandoned, following protests by the country’s leaders, according to the head of the central bank in the UAE...

Overseas nationals snap up homes in Dubai

Tuesday 5th March 2013

Well over half of all residential properties in Dubai sold last year were acquired by foreigners, according to government data...

Just one home sold at Dubai property auction

Tuesday 12th February 2013

It would appear that vendor price expectations were too high at the first private auction held by Dubai Land Department (DLD) this year, after just one out of the nine properties on offer this week were sold...

Abu Dhabi property market shows signs of growth

Tuesday 12th February 2013

Cluttons UAE, the real estate specialist which has enjoyed a dedicated Middle Eastern presence since 1976, has found that areas of Abu Dhabi are defying the overall trend of declining rent prices and performing at an encouraging level...

DLD auctions halt sale of repossessed properties in Dubai

Thursday 7th February 2013

The Dubai Land Department (DLD) has announced that it has halted auctioning repossessed properties, but the firm, which auctioned 120 properties in Dubai last year, will continue to auction privately-owned properties...

John Lennon’s Island goes on sale

Tuesday 11th September 2012

A small island which was purchased by John Lennon in 1967 where he reportedly planned to build a house until he was shot dead in New York in 1980 has been put up for sale at an asking price of €300,000 (£240,000)...

UAE properties to be listed on auction website

Wednesday 22nd August 2012

A wide selection of properties in UAE, particularly in Dubai, will be made available to buy via an online auction following a new partnership between property management firm Asteco Property Management and property auction website LFC International...

Britons snap up £440m worth of property in Dubai

Thursday 16th August 2012

Brits purchased a total of 1,564 properties in Dubai worth Dh2.53bn (£440m) during the first half of this year, according to the Dubai Land Department...

Construction of luxury new homes in Oman is well underway

Wednesday 25th July 2012

Preliminary details of exclusive residences at Badr Muscat Hills within the Muscat Hills Golf & Country Club in Oman have been released by international real estate advisor Savills...

Investors looking to cash in on Dubai's tourism boom

Tuesday 10th July 2012

The hotel sector in Dubai is thriving, thanks to a hike in the volume of tourists visiting the emirate as an alternative to other traditional holiday locations in the Middle East, such as Egypt, Tunisia and Bahrain, which are battling, or recovering from, political and civil unrest, reports the Wall Street Journal...

Dubai property sales soar

Monday 11th June 2012

Dubai property sales increased by 54% during the first quarter of this year compared to the same period last year, indicating that the market is firmly on the road to recovery, according to data provided by the Dubai Land Department...

New world's tallest residential building enters Guiness records

Monday 21st May 2012

At an astounding 107 storeys tall and featuring six basement floors, a ground floor, 100 above-ground levels and eight retail stores, the Guinness World Records has named the world’s tallest ever residential building...

Foreclosed homes in Dubai to be auctioned

Thursday 12th April 2012

The Dubai Land Department has announced plans to auction off up to 80 foreclosed residential properties in Dubai this year in a bid to recover losses on non-performing loans...

Oman property market stabilising

Wednesday 4th April 2012

The residential property market in Oman, once the most powerful state in Arabia is showing growing signs of stability following significant falls from its peak in 2008...

Dubai set for economic growth, but housing glut remains an issue

Thursday 16th February 2012

Optimism is growing in Dubai as the emirate targets 4.5% in gross domestic product in 2012, Shaikh Ahmed bin Saeed Al Maktoum, the head of the Dubai Economic Sector Committee, announced this week...

Cheaper homes in Dubai anticipated

Wednesday 8th February 2012

Dubai property prices are expected to soften in 2012, despite plunging by two-thirds from their 2008 peak, according to a Reuters poll...

Dubai property prices unlikely to fall much further, says Cluttons

Thursday 15th December 2011

The Dubai property market collapse, which has calused home values to fall by in excess of 50% across parts of the emirate, is close to bottoming out, according to Cluttons...

Repossessed homes in Dubai up for auction

Thursday 8th December 2011

A total of eight foreclosed properties in Dubai were sold by the Dubai Land Department at auction in the first bulk sale of repossessed homes in the emirate...

Strong demand for villas in Dubai

Thursday 10th November 2011

Growing demand for villas in Dubai is presenting house builders with an opportunity to increase the supply of properties in this sector of the market, despite the overall oversupply of homes...