Abu Dhabi’s Burj Mohammed Bin Rashid wins ‘best tall building’ award

Aldar’s 382-metre tower is recongised by the Council on Tall Buildings and Urban Habitat. Abu Dhabi’s highest tower, the Burj Mohammed Bin...

Dubai forecast to have over 100,000 hotel rooms by 2020

Emirate is leading the Middle East and Africa for new hotel developments, says report. Dubai is leading the Middle East and Africa...

Sale and leaseback transactions rising in Gulf, JLL finds

Transactions gaining popularity as they enable companies to free up cash locked in property assets, consultancy says. The number of real-estate sale...

Shares in Dubai’s Amlak soar on Emaar partnership talks

The Dubai-listed mortgage provider says it is in talks with Emaar to develop land in ‘distinctive locations’, according to media report. Shares...

Dubai property prices to drop by up to 20%, S&P forecasts

Real-estate correction to continue, Standard & Poor’s says, with emirate’s property market already ranking as one of world’s worst-performing. Dubai property prices...

New Abu Dhabi rent index ‘likely to cool growth in prices’

Provisional rental index could lead to lower price increases in the future, according to JLL analyst. The Abu Dhabi government’s expected introduction...