In Dubai, property investment accounts for around 8% of GDP. It recorded nearly 122,700 sales last year, a 45% increase from 2021. The value of those transactions rose by 78%, fuelled in part by …
Chinese investors turning to UAE property market for value appreciation
With China dropping its Zero-COVID policy and permitting its citizens to travel and invest overseas, Chinese investors seeking value appreciation find the UAE property market an excellent avenue to …
Clairvoyant Facility Management: Leading the way in UAE’s booming property management sector
Since its establishment in 2012, Clairvoyant Facility Management has transformed over 3,200 spaces into dynamic environments suitable for both work and lei..
Dubai and Riyadh are both riding property booms
Sited in Emirates Hills, an opulent Dubai neighbourhood popular with politicians and billionaires, the mansion’s interior is lined with 700,000 sheets of gold leaf. It sports a 24-carat gold jacuzzi, …
Dubai real estate: Fueling growth with leisure and entertainment projects
And with Dubai increasingly becoming a nexus for major global events, conventions, and film festivals, areas boasting proximity to entertainment hubs are set to experience a surge in property values.
Things to do in the UAE this week, from Emirati Women’s Day to gaming festival
The UAE is celebrating Emirati Women’s Day on Monday, meaning residents can expect a week of discounts and deals across restaurants, hotels and other lifestyle venues.Additionally, there is a gaming …
Galle fraudster case: Police thwart suspect’s attempt to sell house
The officers of the Illegal Assets Investigation Division of the Police have stopped an attempt to sell a house belonging to Nirosha Nishanthi, at Hillside Estate, Haliwala, Galle who is accused of …
Time to Rethink Our Agricultural Innovation Laws
Amidst the richness of local cuisines present nationwide, “daal-bhat” remains the staple food common to the overall Nepali taste. In this context, the ban on the export of non-Basmati white rice by …
Malaysia projects operating normally, says Country Garden as Forest City gets ‘special zone’ status
Malaysian PM Anwar said he was confident the special zone incentives would draw firms facing high costs in Singapore. Read more at straitstimes.com.
Property deals in Saudi Arabia decline amid rising prices, interest rates
Rising home prices in Saudi Arabia are putting downward pressure on property transactions in the kingdom, according to a new JLL report. Residential property sale prices in the Gulf state increased in …