Real Estate

FEATURED REPORT...
Posted: 02-08-2011
SAUDI ARABIA.  The chairman of Kingdom Holding Company, HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, who has been the driving force behind the decision to build the world's tallest tower in Saudi Arabia, announced that the construction contract has been signed today. Kingdom Tower, with a height of over 1,000 meters, will begin construction imminently in Jeddah, Saudi Arabia.  Kingdom Tower will be the centerpiece and the first construction phase of Kingdom City, Jeddah Economic Company's (JEC) new urban development of more than 5.3 million square meters of land in the
Posted: May 6, 2015
UAE. Average apartment rents in Dubai rose 1% quarter-on-quarter, and 5% year-on-year; Rents for villas meanwhile fell by 5% in the first quarter in some developments.
Posted: May 6, 2015
UAE. JLL assembles and analyses the widest range of comparative studies on city performance to date; Report in partnership with The Business of Cities Group.
Posted: May 6, 2015
UAE. Shifting real estate landscape puts Northern Emirates under spotlight; Changes to Sharjah real estate legislation drives new interest; Apartment rents record negligible change with minimal movement across Ajman, Sharjah and Ras Al Khaimah.
Posted: May 2, 2015
UAE. Agreement to support the development of a smart city center of excellence and innovation within Dubai Technology Entrepreneurship center.
Posted: April 30, 2015
UAE. The increase in profitability is the result of a strong performance by the development business, with ongoing handovers of properties to customers.
Posted: April 29, 2015
OMAN. Cluttons report singles out the warehouse sector, with improved infrastructure and connectivity driving demand from occupiers.
Posted: April 28, 2015
UAE. Apartment and villa sales prices declined 2% and 3% respectively; Strong demand witnessed for nearly 2,000 affordable homes in Q1; Focus on further development.
Posted: April 28, 2015
SAUDI ARABIA. JLL report assesses latest trends in Saudi Arabia's largest city; Recent changes to the mortgage regulations have resulted in a shift in demand away from residential sales to rentals.
Posted: April 28, 2015
BAHRAIN. New mall developments entering the market; Residential rental rates remain stable with increasing demand witnessed in popular expatriate areas.
Posted: April 27, 2015
UAE. "The market downturn is attracting selective opportunistic investment," according to Jesse Downs, Managing Director of Phidar Advisory; Real estate firm releases latest end-quarter residential research note.
Posted: April 27, 2015
UAE. The Belgrade Waterfront will occupy a 1.8 million square-meter area and will be 68% owned by Eagle Hills, an Abu Dhabi-based developer, while the rest will be held by Serbia.
Posted: April 27, 2015
UAE. "We are now seeing the western cities erode the lead of big Asian centres in tower office rents; London is closing the gap on Tokyo," finds the Skyscraper Index from Knight Frank.
Posted: April 23, 2015
UAE. 81% of Abu Dhabi-based developers launch new projects at three day show; Rise in Emirati-only projects to cater for high demand.
Posted: April 23, 2015
UAE. Research shows new technology an important factor for the construction industry to remain competitive; "This is a particularly crucial time for the UAE and Qatar's construction sector, as they move full speed to meet strict completion deadlines."
Posted: April 23, 2015
UAE. JLL issues Q1 2015 Real Estate Market Overview at Cityscape Abu Dhabi; Report assesses the latest trends in the office, residential, retail and hospitality sectors.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
date:Posted: May 21, 2015
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.
date:Posted: May 20, 2015
UAE. According to a new report by The Boston Consulting Group, 33% of consumers would rather accept a 20% reduction in salary than give up their mobile phone; SME mobile leaders in emerging markets are leapfrogging older generations of technology still widely used in developed markets.
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