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Property
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Hong Kong to return as a top property investment location: Property consultancy
Hong Kong has returned to the top five Asia-Pacific investment destinations by property consultancy CBRE for the first time since 2020, thanks to an ... Economy -
Dubai’s stunning property rebound lifts sales, rents to record
A spectacular turnaround in Dubai’s property market last year saw the Middle East’s financial hub break a decade-long record for total home sales and ... Property -
Saudi-PIF backed developer ROSHN delivers to homeowners ahead of schedule
Saudi PIF-owned real estate developer ROSHN has begun handing over villas and townhouses in Riyadh’s northern corridor ahead of schedule.The first ... Property -
Prime office space in Saudi Arabia's Riyadh is now 98 pct occupied: Report
Occupancy levels for prime office space in Saudi Arabia’s capital city Riyadh have reached 98 percent, according to real estate consultancy Knight ... Property -
Dubai homes reasonably priced despite record surge: Emaar founder Alabbar
Property prices in Dubai are still affordable when compared to other global hubs despite surging this year, according to the founder of Emaar ... Economy -
Evergrande chairman’s Hong Kong mansion seized by bank: Report
A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender ... World News -
Dubai property firm Deyaar’s Q3 profit up on improving outlook
Dubai property developer Deyaar on Thursday reported a surge in third quarter profit while revenues rose 72 percent over the same period on the back ... Property -
Saudi PIF sets up company to develop online land registry
Saudi Arabia’s Public Investment Fund has set up a company to develop an online land registry in the Kingdom.For the latest headlines, follow our ... Gulf -
Office rents in Dubai are rising faster than in New York or London
Office rents in Dubai are rebounding for the first time in six years, rising faster than in New York or London as global banks and businesses expand ... Property -
Saudi real estate and infrastructure projects topped $1.1 trillion since 2016
The total value of Saudi Arabia’s real estate and infrastructure projects has exceeded $1.1 trillion since the launch of Vision 2030 reforms in 2016, ... Property -
Apartment prices in Riyadh increase by 20 pct in one year as transactions fall
Apartment prices in Saudi Arabia’s capital Riyadh have shot up by 20 percent on average in the last 12 months, according to an analysis by property ... Gulf -
Dubai’s most expensive mega mansion sells for $76 million
A mansion believed to be Dubai’s most expensive property was sold for $76 million (280 million dirhams), the real estate agency behind the sale said ... Gulf -
NEOM first choice among giga-projects for Saudi Arabian homebuyers: Survey
Saudi Arabia’s planned megacity NEOM is the first choice for property buyers considering investing in one of the Kingdom’s new giga-projects, ... Property -
Apollo to invest $1.4 bln in Abu Dhabi developer Aldar
Apollo Global Management will invest $1.4 billion in Abu Dhabi developer Aldar Properties, including a land joint venture and an equity investment in ... Economy -
Aldar Properties posts record sales and 21 pct profit jump in preliminary results
Abu Dhabi’s Aldar Properties posted a 21 percent increase in net profit and record sales for the 2021 financial year, in preliminary results published ... Property -
Luxury buyers drive up Dubai property prices in runup to 50th National Day: Report
Luxury home buyers drove up Dubai’s home prices as the property market grew by 21 percent in the runup to the United Arab Emirates’ 50th National Day ... Financial Markets -
UAE developer Aldar plans to create 1,000 jobs for Emiratis by 2026
United Arab Emirates developer Aldar plans to create 1,000 jobs for Emiratis in the next five years, the company said in a statement on Sunday.For the ... Gulf -
UAE investigates Union Properties executives over financial irregularities: WAM
Federal prosecutors in the United Arab Emirates said Sunday they’ve launched a major investigation into Dubai-based real estate developer Union ... Business -
Dubai’s Emaar Properties reports drop in Q2 profit, H1 property sales hit record
Emaar Properties, Dubai’s biggest listed property firm, posted a 17 percent drop in quarterly profit, after a one-off asset sale boosted profit a year ... Business -
UAE real estate market ‘remarkably resilient’ despite pandemic recession
The United Arab Emirates’ real estate market has proved “remarkably resilient” throughout the pandemic despite an estimated 7.7 percent contraction in ... Financial Markets
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