The general price index for the deals concluded on the residential and commercial lands sector, offices and villas and apartments sectors dropped by 10.3% during June as a result of the 25.6% drop in the price index for the deals concluded on the commercial and investment lands sector
Tenants in Abu Dhabi, who could hardly hold their breath at the rapid increase in local rents over the past two years, should brace for another shock as there will be no let up at least in the next four years.
Dubai: 25 August, 2008 - The Emirates Green Building Council (EGBC), the representative body of the green building industry in UAE, today announced Engineer Ali bin Towaih has been unanimously elected as the new chairman by its Board of Directors
Dubai: 25 August, 2008 – Dubai Properties, master real estate developer and a subsidiary of Dubai Properties Group (DPG), a member of Dubai Holding, today announced the AED50 billion Culture Village project has crossed key construction milestones, including the completion of 90 per cent of the AED1 billion infrastructure works.
The report be Al Mazaya holding says that the future of the demand for Dubai real estate, along with supply, is near the crossroads in the coming months
General Price Index in Saudi Arabia (July 2008): Trends and Movements
The real estate activity in Saudi Arabia underwent an 8.4% decline in the average prices of all transactions concluded in July, as compared to June, affected by the summer stagnation period where volumes
General Price Index in UAE Trends and Movements July 2008
The price index for all real estate deals conclude during July increased by 3.4%, in an indication that the realty market has entered a state of variables aiming to regulate the real estate activity and ensure its stability in the long term
General Price Index in Qatar Trends and Movements July 2008
The real estate transactions in Qatar underwent a tangible calm in July. A slight increase of 0.3% was monitored on all the deals concluded, with cumulative rise of 26% since March 2008
General Price Index in Kuwait Trends and Movements July 2008
A state of overall decline in the Kuwaiti real estate activity continued. This began to re-emerge clearly on the volumes and values of the deals concluded since February. Since then,
General Price Index in Bahrain Trends and Movements (July 2008)
The Bahraini real estate market continued its activity within the pace recorded since the beginning of the year, while the average price of the concluded deals continued to rise gradually during July
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