Thursday, April 18, 2024

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Saudi Arabia to allow foreigners to own property: Saudi Gazette report

Saudi Arabia is working on a new law permitting foreigners to buy property according to a report by Saudi Gazette. Abdullah Alhammad, CEO of...
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Value of Oman’s real estate trading exceeds RO447mn

The value of real estate trading in the Sultanate of Oman until the end of February 2023 stood at RO447.3mn compared to RO381.1mn until...
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It’s A Buyer’s Market in Dubai Property Sector

It is the best time to invest in the Dubai property sector, said FIDU Properties- a leading Chinese companies in the UAE property market, after...
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How Luxury & Real Estate Will Change in 2020: From NYC to Hong Kong

(Bloomberg) --Rich homebuyers laid low in 2019 as economic uncertainties turned global cities into risky propositions. But don’t be surprised next year to spot the...
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10-Point Definitive Guide To Buy Your First Home

Buying the first house is an emotional affair. From selecting your dream home to negotiating for the right price combined with regulatory laws --...
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MAG Development Considering IPO in Dubai Despite Sluggish Market

(Bloomberg) --United Arab Emirates property developer MAG Development plans to sell shares to the public and list in Dubai, Khaleej Times reported. The company will...
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Emaar’s new project The Valley targets mid-income home buyers

Dubai’s biggest developer Emaar Properties announced the launch of its new project The Valley on Dubai-Al Ain Road. The project is aimed at mid-income residential...
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Dubai Is Facing a ‘Disaster’ From Overbuilding, Top Developer Claims

(Bloomberg) --Dubai needs to halt all new home construction for one or two years to avert an economic disaster brought on by continued oversupply,...
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Dubai Forms Committee to Balance Property Market as Prices Slump

(Bloomberg) -- Dubai will set up a committee to balance property supply and demand as a slump in prices weighs on developers in the Middle...
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Hong Kong Home Prices Break Record

(Bloomberg) -- Large-scale protests in Hong Kong that have at times turned violent haven’t stopped the upward trajectory of home prices in the city. Dwelling values...
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