Dubai property prices: Declines set to ease after 11% drop

Apartment prices in Business Bay and International City down 6% and 4% in Q2, says consulting firm ValuStrat. The decline in Dubai...

Dubai property market slowdown a ‘positive trend’, say experts

Market correction is due to tighter regulation and not the oil-price slump, claim consultants and developers. The slowdown in Dubai’s real estate sector...

Dubai government to launch app for real estate project owners

DEWA, RTA, Dubai Municipality and the Mohammed bin Rashid Housing Establishment to jointly launch the TM app next month. A team of...

Langham and Omniyat partner for $273m hotel near Dubai’s Burj Khalifa

Construction of five-star hotel and serviced apartments set to complete in 2018. The Langham Hospitality Group and developer Omniyat plan to build...

Turkish property market ‘sees rising interest from Gulf investors’

Gulf nationals spent $4.3 billion in Turkey’s real-estate sector last year, according to a report released ahead of Cityscape Global. Turkey’s real-estate...

Bentley to furnish Sweden Island villas at The World, Dubai

Car brand’s interiors division to kit out exclusive villas on The Heart of Europe manmade islands. The iconic car brand Bentley has...

Abu Dhabi office rents likely to rise over next 12 months: Knight Frank

Office rents likely to face upward pressure as current supply is not expected to fully meet demand. Office rents in Abu Dhabi...

Saudi royals ‘tour Silvio Berlusconi’s $545m mansion in Italy’

Former Italian Prime Minister reportedly selling 68-room retreat on Sardinia’s Costa Smeralda. Saudi royals are looking to buy a $545 million mansion...