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Middle East Property News

Dubai sees second highest global price increases

Wednesday, 12 June 2013
Property price growth in Dubai is the second highest in the world in recent months, only surpassed by price increases in China.
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Series of new developments and sales announced in Dubai

Monday, 10 June 2013
Dubai’s property markets are showing further signs of recovery with a series of new projects and development being announced.
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Demand expected to be high for second Burj Vista tower launch in Dubai

Wednesday, 29 May 2013
In a sign that the real estate market in Dubai is continuing to bloom, property developer Emaar Properties, has today (Wednesday 29 May) launched the sale of the second tower of the 500 acre flagship Burj Vista development.
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Rental growth seen in Sharjah as demand outstrips supply

Tuesday, 28 May 2013
The residential property rental market in Sharjah is strengthening with landlords in the Emirate benefiting from the rising residential rents in Dubai and an influx of people who are being priced out of the market accordingly.
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World Cup creates property development opportunities in Qatar

Monday, 27 May 2013
A new US$5.5 billion offshore island with floating hotels is to be built in Qatar in time for the 2022 FIFA World Cup football tournament, it has been announced.
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British, Norwegian and German architects chosen for world’s biggest urban transport project

Thursday, 23 May 2013
Designs by British, Norwegian and German architects have been chosen for three iconic metro stations being built in Riyadh in Saudi Arabia.
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Middle East developer begins work on luxury Baghdad tower

Monday, 20 May 2013

Middle East developer Damac Properties is to build a luxury tower in the Iraqi capital of Baghdad, signalling a leap forward for the country’s real estate market.
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Abu Dhabi residency rules impacting on property market, new report suggests

Friday, 10 May 2013

The ruling in Abu Dhabi that government employees must live in the emirate to qualify for housing allowances is starting to have an impact on the local property market, according to a new report.
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Real estate markets in the emirate of Sharja remain resilient says Cluttons

Thursday, 09 May 2013

The real estate market in Sharjah remains resilient and is one of the Emirate’s top performing sectors, according to the latest report from property firm Cluttons.
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Luxurious real estate and golfing community announced in Dubai

Thursday, 02 May 2013

Damac Properties, the largest private developer of luxury real estate in the Middle East, has announced the launch of what it describes as the most luxurious golf community in the region.
 

Bahrain residential property market seeing increased demand

Wednesday, 24 April 2013

National uncertainty has taken a toll on Bahrain but the kingdom is now entering a period of relative calm and the Bahrain Central Bank has made a positive growth projection of 4% in 2013.
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Increasing interest in integrated tourism property projects reported in Oman

Friday, 19 April 2013

The real estate sector in Oman is being driven forward by increased government spending and increasing interest in integrated tourism developments, a new analysis of the market shows.
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Increased confidence in Dubai’s office and retail property sectors, new report shows

Tuesday, 09 April 2013

The first few months of the year have seen increased consumer confidence and demand for office space in Dubai that Cluttons predicts will encourage previously stalled developments to restart.
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Dubai property market maturing as more tenants choose to buy, according to consultants

Friday, 05 April 2013

There is a growing confidence in the residential sales market in Dubai with tenants increasingly choosing to buy, according to a report from consultants.
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Property prices and rents increase in Dubai

Tuesday, 02 April 2013

Demand for property in sought after locations in Dubai is increasing and pushing up prices, according to the latest research report from property company Asteco.
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Living green residential tower could be built in Dubai

Wednesday, 13 March 2013

An idea for a skyscraper covered in trees and plants are to be unveiled later this month in Dubai which would create the impression that residents are surrounded by a forest.
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Saudi property market to be opened up to foreign lenders

Friday, 08 March 2013

The residential property market in Saudi Arabia is set to be transformed with the country’s central bank allowing foreign companies to provide mortgages, it is claimed.
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Developers in Dubai announce a rash of new projects

Thursday, 07 March 2013

In yet another sign that the property market in Dubai is recovering, developer Nakheel has announced it will build 170 new apartments on its flagship Palm Jumeirah project.
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New man made island in Dubai will have world’s tallest ferris wheel

Friday, 22 February 2013

Plans for a new US$1.6 billion island project featuring the world’s largest ferris wheel at its centre has been approved in Dubai.
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Abu Dhabi rental rates coming down as new stocks pushes out older properties

Tuesday, 19 February 2013

Thousands of new homes in Abu Dhabi are bringing down rental rates and the market is set to divide as people seek out newer properties rather than old stock, it is claimed.
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UAE mortgage limits on hold for up to six months, officials confirm

Tuesday, 05 February 2013

Proposals to limit mortgages for foreign buyers in the United Arab Emirates have been put on hold while further discussions get underway.
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2013 likely to see renewed confidence in Dubai property markets

Wednesday, 23 January 2013

A flurry of new project announcements in Dubai at the end of last year is a signal or renewed confidence in the emirate’s property market, according to experts but Abu Dhabi recovery is still some way behind.
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Real estate industry opinion divided over new mortgage curbs in UEA

Friday, 11 January 2013

Opinion is divided over whether the proposal by the UAE Central Bank to cap mortgage lending to expats to 50% of a property’s value will help or hinder Dubai’s recovering real estate market.
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Potential mortgage blow for Dubai property market amid reports of mortgage restrictions

Monday, 31 December 2012

Just as it is recovering well from its real estate crash with foreign buyers returning to the market, Dubai has been dealt a potential mortgage blow.
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Wealthy property investors name Dubai as their preferred Middle East location

Wednesday, 26 December 2012

Dubai is the most attractive destination to private investors within the Middle East region, with Riyadh and Doha emerging as strong secondary and tertiary target locations, respectively, a new report shows.
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New law to protect property investors in Dubai due in first quarter of 2013

Thursday, 20 December 2012

Dubai’s new real estate investor protection law is to be released during the first quarter of 2013, the Dubai Land Department has confirmed.
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Residential property and sales in Dubai showed a marked improvement in 2012

Monday, 10 December 2012

Residential rents have increased in Dubai by an average of 17% in the last 12 months, bringing much needed stability to the market.
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UAE developer forced to sell land to pay compensation to home owners

Friday, 07 December 2012

An Abu Dhabi based developer has been ordered by a court to sell three plots of land in Dubai to pay home owners for delays and cancelled projects.
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Ritz-Carlton to operate new luxury holiday homes in Israel

Monday, 26 November 2012

Luxury holiday homes are being introduced in Israel with the launch of a Ritz-Carlton development in Herzilya near Tel Aviv on the Mediterranean coast.
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Abu Dhabi residential rents still trending downwards, latest report shows

Monday, 12 November 2012

Average residential property rental rates in Abu Dhabi fell by 6% in the third quarter of this year compared to the previous quarter, according to the latest market report from consultants CBRE.
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Confidence growing in the property markets in Sharjah, latest report from Cluttons suggests

Tuesday, 30 October 2012

Residential market landlords in Sharjah are once again moving to increase rents and restart stalled projects, indicating confidence in the market place, according to the latest outlook report from Cluttons.
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