For full coverage of Middle East business, see MEED JLL said today that a challenging macroeconomic environment will continue to affect Saudi Arabia’s real estate market. It said seven factors will drive property in 2016. White Land Tax. JLL said…
Tag: JLL
Saudi vacant land tax approved
For full coverage of Middle East business developments, see MEED The speed at which Saudi Arabian government has approved the new tax for unused land emphasises the importance to the kingdom of addressing housing shortages, JLL says in a report released…
Dubai residential prices to fall by up to 10 per cent in 2015: JLL
Activity in Dubai’s real estate market was subdued in the first quarter of 2015, according to a report released today by JLL. “The Dubai real estate market continued to experience subdued activity during the first quarter of the year. Residential…
JLL’s seven top tips for the UAE real estate market in 2015
JLL’s seven top tips for the UAE real estate market in 2015 are: 1 the Dubai residential bubble deflates Dubai residential prices to decline marginally in 2015 Abu Dhabi to see stable sale prices but continued growth in rentals There…
Dubai real estate market has stabilised: JLL
The Dubai real estate market, which boomed before and after the announcement in November 2013 that Dubai had been named to host the World Expo 2020, is showing signs of stabilising, according to the fourth quarter Dubai Real Estate Market…
More than 28,000 hotel rooms to open in UAE by 2016: JLL
The number of hotel rooms in the UAE will rise by 30 per cent by the end of 2016 according to figures in a new report about the hospitality sector of the emirates published today by JLL. JLL said that…