Dubai’s DIFC plans to triple in size by 2024

Dubai International Financial Centre says it will increase office space to 511,000sqm to support expansion. The Dubai International Financial Centre (DIFC) is...

Hilton, UAE’s Wasl to open two mid-market hotels in Dubai

Signing follows the Middle East debut of the Hampton by Hilton brand. Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced...

Bayti Homes project in Ras Al Khaimah, UAE nears completion

First 80 homes on $68m development to be ready in November, says developer Al Hamra Real Estate Development. Al Hamra Real Estate...

Dubai’s Emirates in $5.3m deal to rebrand tower in Portsmouth, UK

Local petition against the Spinnaker Tower in Portsmouth being painted in the airline’s signature red. Emirates has struck a $5.3 million deal...

Abu Dhabi’s Aldar to begin sales of ‘mid-market’ Meera units

Prices at Meera residential development, which goes on sale in mid-June, begin at $245,029 for a one-bedroom unit. Abu Dhabi developer Aldar...

UAE’s Tasweek eyes smart city projects in India

Real estate firm, along with local partner MAMS Holding Group, discusses investment opportunities. The UAE real estate company Tasweek is considering involvement...

Qatar property stocks nosedive after FIFA arrests, World Cup probe

Real estate index down 6.55% on Thursday following news of investigation into voting for 2018 and 2022 World Cup tournaments. Shares in...

Damac, Emaar and Arabtec shares tumble in Dubai

Shares in big property developers and the builder Arabtec on Sunday saw big declines on the Dubai Financial Market. Shares in some...

New UAE property regulations ‘prevent overheating in Dubai’

Cluttons Middle East report finds that villas are expected to bear brunt of price declines, with outlook for 2015 remaining ‘somewhat mute’....

Prime Dubai property prices drop 1.9% in six months

Luxury property values in cities like Miami and Sydney outpace Dubai market, Knight Frank research shows. Luxury property prices in Dubai dropped 1.9% between...