Equitativa Seeking to Launch New Property Funds

• Tuesday, 1st November 2016
• by Karim Mohy

Equitativa Real Estate Limited, the main shareholder of Emirates REIT, intends to launch new property funds in the UAE and seeks to export its model to Saudi Arabia.

Dubai Real Estate Market Falls in Global Ranking

• Tuesday, 1st November 2016
• by Karim Mohy

Dubai slipped out of Knight Frank's index of best-performing real estate markets.

Dubai Investments Records Gains in Q3 2016

• Tuesday, 1st November 2016
• by Karim Mohy

Dubai Investments PJSC, a subsidiary of Dubai’s sovereign wealth fund the Investment Corporation of Dubai, witnessed an increase in net profit of 36% for the third quarter of 2016 year-on-year.

Bahrain Unveils New Housing Strategy

• Monday, 31st October 2016
• by Karim Mohy

Bahrain's Ministry of Housing on Monday outlined its housing strategy, announcing a blueprint that will see the construction of five mega residential projects, all in all featuring 65,000 units.

Dubai Luxury Communities Reveal Mixed Performances

• Monday, 31st October 2016
• by Karim Mohy

Arabian Ranches recorded a rise of rents by 6% while the even more upscale Emirates Hills community witnessed a decline by 12.5%.

Emirates Real Estate Fund Records Increase in Portfolio Value and Rental Income

• Monday, 31st October 2016
• by Karim Mohy

UAE-based Shari'a compliant real estate investment trust Emirates REIT recorded a 13% year-on-year increase in its portfolio value as well as an increase in rental income by 19.7% in the third quarter of 2016.

Qatari Developer Ezdan 9M Profit Up 5.8%

• Monday, 31st October 2016
• by Karim Mohy

Qatari developer Ezdan Holding Group recorded a jump in its nine-month net profit to QAR 1.29 billion, up from QAR 1.22 bn in the same period last year, a 5.8% increase.

Saudi Arabia Opens Real Estate Funds to Foreign Investors

• Monday, 31st October 2016
• by Karim Mohy

The Saudi Capital Market Authority on Sunday approved the final version of the new regulations for Real Estate Investment Traded Funds (REIT), granting approval to foreign investors to trade in REITs on the Tadawul.

Dubai Expects Growth of Hospitality Market

• Sunday, 30th October 2016
• by Karim Mohy

Dubai expects its number of available hotel rooms to increase from 94,000 at the start of 2015 to 164,000 by 2020, according to the GCC Hospitality & Leisure Recreation Report 2016 published earlier this month.

Damac Launches Akoya Fresh

• Sunday, 30th October 2016
• by Karim Mohy

Dubai-based property developer Damac Properties launched its Akoya Fresh three-bedroom villa project in the Akoya Oxygen development in Dubai.