Dubai’s residential and hospitality markets have rebalanced towards a “new normal” in the first six months of 2016, according the Deloitte Real Estate Predictions 2016 – H1 Review published today. The report predicts that residential sale prices will decline further…
Tag: real estate
JLL forecasts testing year for Saudi property
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…
NBK says Kuwait real estate is weak
For full coverage of business developments in Iran and the Middle East, see MEED Weakness in the Kuwait real estate market is persisting despite a pick-up in the commercial sector, a report on the sector by the National Bank of…
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…
UAE’s built assets worth $1 trillion
The UAE’s built assets are worth $1 trillion, a figure that is more than 22 per cent higher than Singapore’s, according to a report released by local real estate firm The H Holding Enterprise. This finding is based on the…
Dubai apartment prices rose in Q2 at annualised rate of more than 25 per cent: Asteco
The rate of increase in the sales prices of homes in Dubai slowed in the first half of 2014 but continued to grow at an exceptional rate in April-June, according to figures in the latest Dubai property market report by…
UAE led GCC real estate market in Q1 2014: Gulf Investment House
UAE’s real estate market continued to lead the GCC real estate market in the first quarter of 2014 with residential sales prices rising by 30 per cent in Dubai in the year ending March, according to a report published yesterday…
Kuwait real estate sales 24 per cent up year-on-year in May: NBK
Kuwait’s real estate market booming and sales in May were almost one-quarter higher than in the same month of 2013, according to the weekly economic report by the National Bank of Kuwait (NBK). “Sales were up from a year ago,…