“I believe this will set a new benchmark for luxury rental price,” said Toni Abou Jaoude, Sales and Leasing Manager of the Local Division at Betterhomes. According to Richard Waind, Betterhomes’ CEO,…
Tag: homes
Bahrain offers mortgage financing for Maydan Homes projects
Dubai: The National Bank of Bahrain (NBB) partners with Maydan Homes Real Estate, a player in the Bahraini real estate market, to offer exclusive financing options for its new residential projects throughout…
As demand for freehold homes soars, Sharjah wants more private developers to launch
Dubai: Sharjah is calling on more private developers to launch freehold projects as the emirate looks to project its status as a place to live and work as well as own homes….
Abu Dhabi's new Rental Index will help clarify rates on new leased homes
For instance, a two-bedroom apartment on Saadiyat Island (SDN1 sector) is rated at Dh138,614 on the Rental Index, while a two-bed option on Reem Island (Sector RR2) shows up at Dh59,476 annually….
On new leases, Dubai, Sharjah mid-market homes record sharp rent increases
Dubai: Residents looking to shift to mid- to upper-mid range homes for rent in Dubai and Sharjah are now facing some of the biggest increases on their annual lease rates. While such…
Saudi Arabia inks deal with Chinese construction giant to build 20,000 homes
Riyadh: The National Housing Company (NHC) has signed an agreement with China State Construction Engineering Corporation (CSCEC) in the presence of the Minister of Municipal and Rural Affairs and Housing, Majid bin…
It’s getting harder to buy luxury homes in Dubai – and prices aren’t the issue
Dubai’s prime residential market, which includes the Palm Jumeirah, Jumeirah Bay Island, Jumeirah Islands and Emirates Hills, has experienced a surge in performance as well, according to Knight Frank. Average transacted prices…
When selling Dubai’s super-luxury homes, private listings are what works
The luxury real estate market in Dubai has witnessed a significant shift. What was once considered a city of flashy novelty homes has rapidly become one of the busiest – and highest…
Sales of Dubai homes priced at $10m or more soar in the first three months of 2024
Dubai: One hundred and five homes priced in excess of $10 million were sold in Dubai during the first three months of the year, up 19 per cent on Q1 2023, according…
Dubai renters turn homeowners? Developers offer affordable homes under Dh1 million
Dubai: Dubai property market is seeing a wave of offplan properties with Dh1 million or under price tags as developers try to convince more residents to turn themselves into end-user buyers. This…