Dubai real estate commissions hit $353m in 9 months

Dubai Land Department reveals figures for emirate’s 6,200 brokers so far this year. The total value of brokerage commissions made in Dubai’s...

Abu Dhabi property sale, rent prices ‘fell in Q3’

Apartment and villa sales prices decline 10% and 5% respectively year-on-year, says Asteco report. Abu Dhabi property sale prices and rents continued...

Dubai sees $55bn of real estate transactions in 9 months

Dubai Land Department reports 52,170 transactions in first nine months of 2017. Dubai Land Department (DLD) has announced that the total value...

Value of Dubai off-plan sales ‘up 118% in Q3’

Chestertons: Transaction values hit $1.1bn, with Dubai South, Downtown Dubai and Business Bay most popular areas. The value of off-plan property transactions...

Damac says all units sold in first phase of Cavalli development

Next phase of Just Cavalli Villas project to go on sale on October 21. Developer Damac Properties says all units have been...

ENBD REIT buys Dubai office building for $76m

Real estate investment trust in deal to acquire The Edge Office Building in Internet City. ENBD REIT has bought The Edge office...

Bahrain’s GFH Capital sells US property for $43m

Sale was completed through an open market bidding process. GFH Capital, a subsidiary of the Bahrain-based GFH Financial Group, has said that...

Cityscape: Nakheel to launch Palm Jumeirah beachfront project

Palm Beach Residences among $1bn worth of projects being launched at Dubai show by developer. Nakheel, the Dubai-based property developer, has said...