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2 Arab Cities Listed Among World's Top 20 Most Dynamic Cities

January 19th, 2020 - 08:01 GMT

2 Arab Cities Listed Among World's Top 20 Most Dynamic Cities

Dubai makes a return in the City Momentum Index, since 2017, as one of the world's most dynamic cities. According to the seventh edition of the City Momentum Index by global real estate services firm JLL, Dubai is the only UAE emirate to feature in the top 20 Index - and the leading city in the GCC ahead of Saudi Arabia's Riyadh. The city ranks at 14th as the emirate ...

Analysts estimate the size of Qatar’s sovereign wealth fund at some $100 bn

February 9th, 2012 - 04:20 GMT

Qatar: Construction boom risks slump

Construction companies were already engaged on most of the projects; many had already been put out to bid

January 29th, 2012 - 04:11 GMT

Builders cheer Abu Dhabi's development plan

Iranians once played a key role in the Dubai market. In 2008 they were the fourth-largest group of international buyers in Dubai

January 25th, 2012 - 04:51 GMT

Sanctions spur surge of Iranians buying luxury homes in Dubai

You need more tourism to create more jobs, more sales and that’s what’s happening in Dubai,” said David Macadam, head of retail at Jones Lang Lasalle

January 23rd, 2012 - 04:27 GMT

Dubai: Retail industry gets boost from surge in tourism

“If Iran was to close the Strait of Hormuz, the biggest impact would be on investor confidence,” said Craig Plumb, head of research at Jones Lang Lasalle, MENA region

January 23rd, 2012 - 11:42 GMT

Iran crisis could hit realty values in the UAE

It should be highlighted that projects that have been conceived in 2006 and 2007 should be seriously re-looked into with the benefit of the new hotel and tourism landscape

January 16th, 2012 - 06:45 GMT

Hotels show signs of life in Dubai

"Sales prices for apartments and villas are expected to see marginal declines, predominantly for areas with ongoing construction and incomplete infrastructure," Asteco, a property firm predicted

January 3rd, 2012 - 05:21 GMT

Decline in housing costs forecast to continue in the UAE

The UAE could boost the market by engaging in the international competition to woo retirees

December 27th, 2011 - 09:56 GMT

Property market is being rebuilt in the UAE

According to David Macadam, head of Jones Lang LaSalle’s retail team in the region, “Retailers across the spectrum are looking to enter this market to cater to a growing domestic demand, driven by its sizeable young population.”

December 13th, 2011 - 08:42 GMT

New entrants to Saudi market shut out by invisible barriers

Hotel occupancy rates in Dubai – home to colossal shopping malls and the world’s tallest tower – have improved to 78 percent this year from 72 percent in 2010

September 29th, 2011 - 10:08 GMT

Dubai hotel room supply to increase 20% by 2013

Al Bawaba

September 27th, 2011 - 12:04 GMT

Hotels highlight improving real estate trend in Dubai

If the debt crisis worsens in Europe, there will be a liquidity problem and it will be passed on to consumers who are seeking housing finance

September 19th, 2011 - 12:01 GMT

MENA faces shortage of 3.5m affordable homes