Coronavirus: Dubai off-plan property sales fell 42% in March, report says

ValuStrat study finds average price per square foot slipping for residential sector as buyers stay away due to pandemic . Dubai saw...

Coronavirus: DSOA rolls out initiatives, incentives and payment plans in response to COVID-19

DSOA is the regulatory body for Dubai Silicon Oasis (DSO). The Dubai Silicon Oasis Authority (DSOA) has announced several exemptions, incentives and...

Coronavirus: Government’s measures to have positive impact on Saudi real estate sector, says Savills report

Current crisis to temporarily slow down kingdom’s economy before stimulus leads to long-term growth. The raft of measures taken by the Saudi...

Azizi aims to complete 3,000 units in 2020

Developer says construction works are progressing at pace across several projects despite the global impact of COVID-19. Azizi Developments has announced construction...

Coronavirus: HFZA launches COVID-19 sterilisation drive

Sterilisation is said to use highly effective disinfectants that are in line with international standards. Hamriyah Free Zone Authority (HFZA) in collaboration...

Phase One of Alef Group’s Al Mamsha will complete this year following COVID-19 measures

MD says project team is following all necessary precautionary measures over COVID-19 outbreak while working to deliver project on time by year...

Coronavirus: Nakheel extends helping hand to Dubai’s medical staff amid COVID-19 pandemic

The developer will provide Dubai’s frontline medical staff with 485,000 items of protective clothing as part of its pledge to support the...

Coronavirus: DIFC waives rent for three months for retail partners

Rent waiver is part of a broader stimulus package designed to support DIFC’s partners. The Dubai International Financial Centre (DIFC) announced that...

Coronavirus: DLD launches new CSR initiative to provide support for tenants and landlords

Items to be donated includes food, medicine, sterilisation materials, gloves, paper napkins, and face masks. The Dubai Land Department (DLD) acting through...

Emirate of Sharjah records $980mn worth of real estate transactions in Q1 2020

Report from Sharjah Real Estate Registration Department revels 18,537 real estate transactions took place in first quarter of the year. The Emirate...