Abu Dhabi Sovereign Wealth Fund is the World’s Top Real Estate Investor ADIA is 1 of the richest sovereign wealth funds in the world managing $62.1-B in real estate assets. Abu Dhabi Investment Authority (ADIA) is the #1 real estate investor in the world, a research report said, a sign of Gulf sovereign wealth funds […]
Dubai Property Market Sentiment Worse Than Last Year The Core Savills reveals that there were misconceptions about oversupply in the emirate but rents could continue to soften. Only about 33% of people in Dubai believe the Emirate’s property market has shown signs of recovery, indicating worse sentiment than last year, according to a survey by […]
Dubai Crocodile Park to Open in Soon The new attraction will features hundreds of Crocodiles, according to reports he Arab world’s 1st Crocodile park is set to open in Dubai by the end of Y 2016, according to reports. In a tweet, Dubai Media Office said the park was 75% complete and confirmed the opening […]
Dubai’s Real Estate Prices Expected to Rise in “Coming Months” Growth will be driven by the Emirate’s ‘Landmark’ Project, Khalalaf Al Habtoor said Property prices in Dubai will increase in the “coming months” despite the current stagnation in the market, businessman Khalaf Al Habtoor predicts. Prices will increase due to heightened demand for landmark projects […]
Dubai Real Estate Investment + 7.5% in 1-H Emirati and Indian investors led the real estate investment market, according to DLD Total real estate investment in Dubai increased 7.555 Y-Y to Dhs 57-B ($15.5-B) in 1-H of Y 2016, according to the emirate’s land department. Investment in the emirate’s property market totalled Dhs 53-B ($1.44-B) […]
Dubai Real Estate Transparency Improved $JLL JLL report awards city ‘semi transparent’ status and the most in the Middle East Dubai needs to introduce a citywide performance index if it is to improve the property market’s transparency, according to JLL MENA. In its biennial Global Real Estate Transparency Index, JLL (NYSE:JLL) ranked Dubai 48th out of […]
Dubai Among the World’s Top 10 Cities for Green Buildings The ranking assesses cities on the number of Green building initiatives and their effectiveness Dubai has secured a place as 1 of the Top 10 global cities for Green buildings, a recent white paper published by consultancy firm Solidiance has revealed. The Emirate ranks 8th […]
Worst Behind Abu Dhabi as it Looks to Revive Guggenheim Plans The Chairman of the Emirate’s Department of Economic Development said he expected the plans to be revived amid positive economic growth predictions Abu Dhabi is expected to revive its plans for a Guggenheim Museum next year amid expectations of accelerated economic growth, according to […]