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U.S. Mortgage Rates Ticked Down in Late January
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U.S. Mortgage Rates Ticked Down in Late January

Email Sign Up For Our Free Weekly Newsletter According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.13 percent as of January 26, 2023. “Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market,” said...

Using public transportation in Dubai, you can reach these five tourist destinations
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Using public transportation in Dubai, you can reach these five tourist destinations

Using public transportation to move around Dubai is simple and inexpensive if you’re a visitor. You have a variety of transportation alternatives, including taxis, the metro, tram, and ferries, if you wish to visit one of Dubai’s popular attractions, including the Burj Khalifa or Bluewaters Island. Here is how to use public transportation to go...

Yas launches new unit to develop luxury homes in Abu Dhabi
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Yas launches new unit to develop luxury homes in Abu Dhabi

In order to provide residents and investors in the UAE region and beyond a new standard of luxury, high-quality, and distinctively made properties, Abu Dhabi-based investment group Yas Holding has launched a new real estate division called Taraf. According to a statement from Yas Holding, Taraf, a luxury and boutique residential property developer, will provide...

At Damac Bay by Cavalli, experience waterfront living at its best
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At Damac Bay by Cavalli, experience waterfront living at its best

The opening of Damac Bay by Cavalli has been formally declared by Damac Properties. The 42-story, three-tower building, with an aesthetic created by the renowned Cavalli brand, aims to introduce residents to the pleasures of luxurious seaside living. Damac Bay, which is part of Dubai Harbour, is decorated with designs like seashells, pearls, and zebrafish...

During the Hajj pilgrimage, Saudis can rent out their residential units
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During the Hajj pilgrimage, Saudis can rent out their residential units

According to local media, Saudi citizens can now rent out their homes to Hajj pilgrims. The Mecca-based Pilgrims’ Housing Committee said that it has started to consider petitions from locals looking to rent out homes to accommodate Hajj pilgrims. The committee advised homeowners who intended to rent out their residences to get in touch with...

In 2022, Dubai Land Department issues 9,047 permits and 6,479 licenses
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In 2022, Dubai Land Department issues 9,047 permits and 6,479 licenses

According to data, the Dubai Land Department issued 9,047 real estate permits and 6,479 real estate licences in 2022, an increase of 46.6% and 53.0%, respectively, compared to 2021 levels. The rapid increase in permits and licences is a reflection of the rising demand from international real estate investors, who are attracted by Dubai’s robust...

Global Supplier of Cleaning and Sanitation Solutions Opens Office in Dubai – Construction Business News Middle East
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Global Supplier of Cleaning and Sanitation Solutions Opens Office in Dubai – Construction Business News Middle East

Share Tweet Share Whatsapp Email Goodway Technologies, a global supplier of industrial maintenance and cleaning solutions, is growing its footprint by opening an office in Dubai, United Arab Emirates. Having been in the industry for more than 55 years, the company is now bringing its award-winning cleaning and sanitation solutions to food and beverage production...

Sustainability In Mobility: Moving Towards A Cleaner And Greener Future – Construction Business News Middle East
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Sustainability In Mobility: Moving Towards A Cleaner And Greener Future – Construction Business News Middle East

Share Tweet Share Whatsapp Email With industry leaders incorporating more sustainable solutions into their operations, sustainability has recently taken a new direction. Writer Relocations has been a prominent player in the international relocation market for more than 65 years, offering end-to-end services in the area of people and asset mobility. Moreover, one of the chosen...

High U.S. Housing Costs Drove Record Relocations in 2022
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High U.S. Housing Costs Drove Record Relocations in 2022

Email Sign Up For Our Free Weekly Newsletter A record 25 percent of home searchers looked to move to a new U.S. metro in 2022 National property broker Redfin is reporting that a record one-quarter (24.6%) of Redfin.com users looked to move to a different metro area in the fourth quarter of 2022. That’s up...