52% of Saudis in Riyadh rent houses
The Population Statistic Center at King Saud University (KAU) in Riyadh recently published a study that shows that 52% of...
Real Estate
Dubai property prices surge 30% on sound fundamentals
Property prices in Dubai’s prime locations jumped by up to 30 per cent last year on the Emirate’s sound economic...
Dubai property transactions cross $42 billion in 2012
Total value of real estate transactions in Dubai rose by 8 per cent to touch Dh154 billion ($42 billion) in...
Emaar launches the 'Fountain Views' Address tower in Dubai
Emaar Properties announced another project in Downtown area and said sale of The Address Residence Fountain Views will be started...
Dewan to design Nakheel City in Iraq’s second city of Basra
The province of Basra has awarded Dewan Architects and Engineers the contract to design the sprawling Al Nakheel City, for...
Sama Beirut and Waterfront City megaprojects in Lebanon still on track
Two major luxury real estate developers said that their Lebanon projects were still on track in spite of economic challenges...
Dubai’s new real estate projects valued at $110 billion
Dubai added real estate projects valued at over $110 billion in November alone, taking the total preliminary/early stage projects in...
Abu Dhabi's Aldar and Sorouh close in on merger
Sources close to the $15 billion merger of Aldar Properties and Sorouh Real Estate reported that the capital’s two biggest...
UAE’s 50% mortgage cap to impact house prices in 2013
According to Jones Lang LaSalle, the UAE’s plan to impose a 50% cap on mortgages offered to expatriates might curb...
Saudi real estate to grow by 20%
A pivotal change in the Saudi real estate market is expected in 2013, according to a number of financiers and...
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