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A top Middle East official for the International Monetary Fund warned this week that Dubai may be in danger of another property crisis unless it imposes measures to regulate development. Read More »
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My favorite story of the week comes out of the sand dunes of the United Arab Emirates. The story focused on one of the many oddities in the country, a construction project on a largely-deserted privat... Read More »
The game of can-you-top-this is now in Dubai's court. With construction moving forward on the one-kilometer Kingdom Tower in Jeddah, Dubai is facing the very real possibility that the 828-meter-tall B... Read More »
Cityscape Abu Dhabi whistled across the property industry calendar last week, creating barely a ripple. The primary property event in the UAE's capital generated few headlines and none of the swagger ... Read More »
Home rents continue to drop in Abu Dhabi, once one of the most expensive places to live in the world. Overall rents were down three percent in the first quarter from the end of 2012, according to CB R... Read More »
International property marketers have turned their attention to Kenya, hoping to sell high end apartments in Dubai and London to the African country's growing wealthy class. Read More »
All property sectors in Dubai are "positioned in the recovery stage" for the first time since mid-2008, according to a new report from Jones Lang LaSalle. However, the upbeat forecast includes a large... Read More »
The Saudi Arabia government is developing a 5 billion riyal ($1.3 billion) fund to support home mortgages, the latest step toward expanding Western-style home financing in the Kingdom. The Saudi Arabi... Read More »
Government measures implemented to slow soaring home prices in Hong Kong didn't work in 2012. Home values rose 23.6 percent for the year, the largest increase in the world, according to the Knight Fra... Read More »
Some of the luxury property markets hardest hit by the economic collapse posted the largest price increases in the world in 2012, according to Knight Frank's annual wealth report. Prices for Dubai lux... Read More »
Better than expected economic growth is fueling a rise in house prices and stronger property demand in Israel these days. Despite daily fears of violence and security threats from area militia groups... Read More »
Turkey real estate sales dropped by 2.35% in the third quarter compared to the previous period, but the news wasn't all that bad. When compared with results of the same period last year, general sale... Read More »
According to London-based Knight Frank, 2013 will be a year of continued growth in many prime cities around the globe despite continued economic uncertainty. Since the Lehman Brother's collapse the wo... Read More »
Uganda, a 92,000-square-mile republic in east Africa housing 35 million residents, is booming in some of its real estate pockets but going down the drain in other sectors, according to mixed media rep... Read More »
Although there are no clear government regulations yet on mortgage lending in Saudi Arabia, local banks have been offering residential financing to their best customers. So much so that total financin... Read More »
According to a new Global Cities Report by London-based real estate consulting firm Knight Frank, fifteen of the 26 cities tracked by the Prime Global Cities Index (58%) recorded flat or positive pric... Read More »
(Dubai - United Arab Emirates) -- Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai witnessed the launch of the E-S T E P (Smart Travel Estate Pack), the new service provided by ... Read More »
(Dubai, UAE) -- There is a renewed energy in Dubai these days being witnessed by developers worldwide showcasing over an estimated $100 billion in new mega-projects in the UAE region at the 11th inaug... Read More »
According to London-based real estate consulting firm Knight Frank, global house prices rose by 1.1% on average in the three months to June 2012, which represents the index's strongest quarterly rise ... Read More »
Leave it to the Chinese to constantly find new revenue avenues. The latest is in Saudi Arabia where the kingdom plans to begin an estimated $100 billion worth of infrastructure projects by 2016, accor... Read More »
Real estate markets across the the United Arab Emirates (U.A.E.) are recovering. After three years of declining rates and limited sales activity, rents are rising again at quality villa developments a... Read More »