GCC investors ‘continue to buy Dubai real estate’

Saudis and Qataris led investment in city’s real estate market from within the GCC in 2016 – report. A developer has said...

Dubai affordable housing ‘hits rents in Northern Emirates’

Average apartment rents in Sharjah, Ajman and RAK drop by 3%, 2% and 1% respectively – Asteco. The growth in affordable housing...

RAK Properties reports 9.4% profit growth in 2016

Works contract for InterContinental Ras Al Khaimah Mina Al Arab resort awarded. RAK Properties, Ras Al Khaimah's largest property developer listed on...

Trump sons in Dubai for Damac golf course launch

Developer inaugurates Trump International Golf Club Dubai at Damac Hills. Two of US President Donald Trump’s sons attended the launch of a...

Meraas names Core Savills sales agent for Bluewaters residences

Bluewaters to be home to the world’s largest observation wheel, the Ain Dubai. Meraas has appointed Core Savills as the exclusive agent...

Manazel Real Estate reports revenues of $204m in 2016

Net profit increased 5.6% in 2016 over corresponding 2015 figures. The Abu Dhabi-headquartered Manazel Real Estate recently announced its 2016 results in...

Phase two sales begin at Kempinski Residences in Dubai

First phase of luxury Downtown Dubai project sold out, say developers Gemstone Real Estate and Tamleek. Gemstone Real Estate Development and Tamleek...