Saudi lifestyle revolution will see a massive increase in the amount of available retail space in coming years
Faisal Durrani
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Dubai
Dubai real estate prices climb 19% as city ranked as ‘live, work, play’ destination
Dubai’s reputation as a city to live, work and play is driving property prices and attracting investors
Dubai
Revealed: Dubai’s most expensive area, best-performing property investments, $27bn off-plan real estate boom
Average Dubai property prices have increased by 19 per cent in the past year. Analysis reveals the most expensive apartments, fastest-growing investments and more
Faisal Durrani
Qatar to have 53,400 hotel rooms by 2028
Qatar’s thriving hospitality sector will see the hotel room supply top 53,000 within five years
Faisal Durrani
UAE to have 154,000 hotel rooms by year end, up 6.4%
UAE hospitality boom continues with massive number of hotel rooms in the pipeline
Dubai
Dubai residential property market transactions reach AED61.9bn despite inflation concerns
UAE’s diversified imports strategy, steps to boost its food security among the reasons for ‘cautious optimism’ when it comes to economic growth
apartment rents
Property prices in Saudi Arabia on the rise, Riyadh leads the way
While the boom in prices in the Kingdom’s capital city is the highest in five years, deals are beginning to slow
Faisal Durrani
Saudi Arabia’s $110bn golden age of hospitality will take more than extra hotel room keys: experts
The kingdom aims to add 310,000 hotel rooms within its Vision 2030 ambitions, which is heating up competition for the “correct quantum of products in the right location”, experts said
Dubai
Dubai’s ‘countryside’ to attract property investors, new residents under new initiative: experts
The Dubai Council’s decision to spur development projects in the emirate’s countryside will create fresh opportunities in a saturated city, experts agreed
Abu Dhabi
Demand for warehouses rises in the UAE as Covid drives “permanent shift” in consumer shopping habits
Change in ownership laws announced as part of a raft of economic stimulus measures, which include a range of new visas, are a significant contributor to increased business confidence, activity, and demand in warehouses and industrial real estate
Abu Dhabi business
Video: Are office rents in Abu Dhabi and Dubai bouncing back to pre-Covid levels?
While start-up expansion and the lack of new prime office stock has placed upward pressures on office rents, demand and prices have been tempered as global blue chips embrace hybrid work models
Dubai
Dubai real estate transactions continue upward momentum as ultra-prime home sales soar to new record
During 2021 overall, Dubai’s residential market recorded more than 52,000 apartment and villa real estate transactions, totalling $31 billion (AED 114.2 billion), which was more than the total for 2019 and 2020 combined
Dubai property prices
House prices on Dubai’s Palm Jumeirah close in on new record high
New research shows at AED3,250 per sq ft, average transacted villa prices are just shy of the peak seen in Q3 2017
Abu Dhabi real estate
Revealed: Abu Dhabi’s commercial office rents rising as vacancies remain stable
Demand levels in Q2 were 15% higher than last year driven by banking and finance, healthcare and education
Dubai real estate market
Why going green will become a key battlefield for property landlords in the Gulf
The big question for landlords will be around weighing up the cost-benefits of greenifying their portfolios to cater to evolving business expectations
Dubai luxury real estate
Supply glut set to subdue Dubai luxury real estate prices during 2021
Burst of supply will probably leave Dubai, alongside Buenos Aires, as the only two cities in Knight Frank’s 25 prime locations to witness a decline in values this year
Faisal Durrani
The importance of Middle East investors to London’s office market
New figures reveal regional investment of nearly $5.3bn in 2021 despite pandemic impact on global travel