Dubai’s office market sees strong demand

Dubai’s office market sees strong demand – CBRE

Supply of quality and well-located units lagging during first quarter of 2016, report finds. Dubai’s office market continues to see strong demand...

Meraas unveils The Outlet Village mall in Dubai

Discounted shopping destination set to open in third quarter. The Dubai-based real estate developer Meraas has announced details of its latest retail...

Shaza to launch four-star Mysk hotel brand in Oman

Company has secured three other regional deals for the brand – report. Hotel operator Shaza Hotels plans to debut its four-star Mysk...

Emaar Hospitality unveils plan for first Saudi properties

Debut hotel and serviced residence property to span almost 520,000 sq ft. Emaar Hospitality Group has outlined plans for a hotel and...

Emaar net profit jumps 17% in first quarter

Cash dividend of 15% of the share capital was distributed to shareholders. Dubai-based developer Emaar Properties has announced a 17% rise in...

Dubai rental yields ‘near 10% in cheaper areas’

Affordable housing ‘continues to dominate demand’ – Chestertons. Rental yields in cheaper areas of Dubai stand at almost 10%, as affordable housing “continues...

Riyadh property prices stabilise in Q1 – JLL

Sales prices have bottomed out following introduction of mortgage rules. Property prices in Riyadh have stabilised for the first time since Saudi Arabia...

Dubai property prices to fall further – Cluttons

Residential values already down 2.2% during first quarter. Property prices in Dubai are set to decline further in 2016, after a 2.2%...

Dubai’s Emaar plans 35 new hotels, residences

Fire-hit Address Downtown hotel won’t reopen this year, says exec. The Dubai-listed Emaar plans to open 35 additional hotels and serviced residences...