Archive for October, 2018

The rate hike effect on real estate

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While an increase in interest rates is a possibility, the high level of competition among banks is also keeping them in check Mortgage property purchases in the UAE have been affected by a rise in financing cost seen since the start of the year. But while property buyers have to bear the extra cost, real[…]

Committed to Sharjah | GulfNews.com

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The launch of La Mer reaffirms Al Thuriah Group’s confidence in the emirate’s property market. Georges Khouzami tells more With the final instalment of the Sahara Complex fast nearing completion, developer Al Thuriah Properties has announced a new project that will rise in Sharjah’s Al Mamzar locality. The beachfront development is set to be formally[…]

Cityscape Global to attract 300 leading developers

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Nearly 300 leading players from the real estate and property development sector will be showcasing their innovative projects at Cityscape Global, the largest real estate and investment event in the Middle East, which opens its doors tomorrow (October 2) in Dubai. Welcoming recognised industry brand names, Cityscape Global runs at the Dubai World Trade Centre[…]

Dubai premium office space ‘in big demand’: Report

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Predictably, the number one location for future supply is Dubai South, representing 14 per cent of overall future supply. This is largely due to its close proximity to the site of Expo 2020, which is expected to attract 25 million visitors to the region over a six-month period.  Other key locations include Sheikh Zayed Road[…]

Deyaar awards Dubai residential project contract

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Deyaar Development, one of the UAE’s leading property development companies, has appointed Condor Building Contracting as the main contractor for its 18-storeyed residential project, Bella Rose, launched recently in Dubai Production City. Bella Rose, which will boast a mix of studios, one- and two-bedroom apartments, is located in close proximity to the Mall of the[…]