Category: Real Estate

Home » Business » Real Estate
U.S. Homes With Mortgages See First Annual Equity Losses Since 2012
Post

U.S. Homes With Mortgages See First Annual Equity Losses Since 2012

Email Sign Up For Our Free Weekly Newsletter The average borrower saw home equity decline by $5,400 year over year in Q1 of 2023 Based on CoreLogic’s latest Homeowner Equity Report for the first quarter of 2023 shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease...

Completed U.S. Home Foreclosures Spike 38 Percent in May
Post

Completed U.S. Home Foreclosures Spike 38 Percent in May

Email Sign Up For Our Free Weekly Newsletter Based on ATTOM’s newly released May 2023 U.S. Foreclosure Market Report, there were a total of 35,196 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 7 percent from a month ago and up 14 percent from a year ago. “The...

Office Investment in Asia Pacific Remains Strong Despite Weaker Sentiment
Post

Office Investment in Asia Pacific Remains Strong Despite Weaker Sentiment

Email Sign Up For Our Free Weekly Newsletter Based on CBRE’s latest research, Asia Pacific’s office sector continues to be a resilient asset class and attractive investment opportunity in the region. CBRE further reports office investment in Asia Pacific remains resilient despite weaker sentiment, and offices remain an important investable asset class in the region....

Play football, book a basketball court, and enjoy free family activities at Dubai Sports World this summer
Post

Play football, book a basketball court, and enjoy free family activities at Dubai Sports World this summer

Did you know that you can enjoy a variety of sports, including basketball, padel, tennis, cricket, and football, all in one convenient location? Dubai Sports World (DSW), in partnership with the Dubai Sports Council, is a state-of-the-art summer sports complex situated in the Dubai World Trade Centre (DWTC). This year marks the 13th consecutive year...

Saudi Skill Verification Programme: What is it? Here’s everything you need to know
Post

Saudi Skill Verification Programme: What is it? Here’s everything you need to know

If you’re considering living and working in Saudi Arabia, it’s crucial to be aware of the Skill Verification Programme. This program mandates that foreign workers in certain occupations must undergo theoretical and practical testing before being granted a visa. The Saudi Skill Verification Programme, also known as the Professional Accreditation Programme, was established in 2021...

While Palm Jebel Ali rises, Omniyat Properties plans to add more luxury projects to Palm Jumeirah
Post

While Palm Jebel Ali rises, Omniyat Properties plans to add more luxury projects to Palm Jumeirah

Even though there aren’t as many plots available on the first Dubai destination island, developers continue to be attracted to Palm Jumeirah. The executive chairman of Omniyat Properties, Mahdi Amjad, can appreciate this passion. That’s after channeling billions into a string of super-luxury projects, including ‘One at Palm Jumeirah’ and more recently ‘Ava’ and ‘Orla’....

Dubai records over AED1.8 billion in realty transactions on 8th June
Post

Dubai records over AED1.8 billion in realty transactions on 8th June

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai had 547 sales transactions worth AED1.25 billion on Thursday, along with 95 mortgage transactions totaling AED386.79 million and 49 gift transactions totaling AED177.98 million. The sales included 44 land plots worth AED214.38 million and 503 houses and apartments totaling AED1.03...

Arada Launches Nesba, A Premium Apartment Complex At Popular Sharjah Lifestyle Destination Aljada – Construction Business News Middle East
Post

Arada Launches Nesba, A Premium Apartment Complex At Popular Sharjah Lifestyle Destination Aljada – Construction Business News Middle East

Share Tweet Share Whatsapp Email Arada has announced the launch of Nesba, a two-building apartment complex ideally located within the master plan of Sharjah’s largest mixed-use community, Aljada. Scheduled to be completed by the end of 2025, the two Nesba blocks feature 291 homes, characterised by fresh and contemporary architecture. The name Nesba, which means...

Dubai Commercity And Link Launch Sparkbiz For Businesses Keen To Setup And Expand In The Region – Construction Business News Middle East
Post

Dubai Commercity And Link Launch Sparkbiz For Businesses Keen To Setup And Expand In The Region – Construction Business News Middle East

Share Tweet Share Whatsapp Email Dubai CommerCity, the first and leading free zone dedicated to digital commerce, part of the Dubai Integrated Economic Zones Authority (DIEZ) and a joint venture with the property developer Wasl, signed a partnership agreement with Wafi Group’s upcoming omnichannel department store Link at Wafi City to launch SparkBiz. This unique...