Global Real Estate News

Description

Keep abreast of the latest global real estate news across 7 continents that impacts on your business.

GLOBAL: December 13, 2023

UAE Property: ‘Can a landlord evict a tenant and re-let the unit?’

Question: I am planning to sell my townhouse in Dubai in the fourth quarter of 2024 for Dh2.4 million ($653,505). I have served m...

Read more.
GLOBAL: December 12, 2023

Market Comparison: What A $4 Million Property Looks Like Across The U.S.

In an exploration of median home prices for Q3 in the United States, Forbes found Iowa to be the lowest in the nation. In the state’s fastest rising market of Burlington, the median price per square foot was just $98, meaning with $4 million, one could theoretically purchase a...

Read more.
GLOBAL: December 11, 2023

Dubai real estate is key to UAE’s net zero goals – JLL

More than 80% of the 170,000 buildings in Dubai will still exist in 2050, so finding ways to decarbonise them is important for the journey to net zero. The UAE’s journey to net zero has real estate at its heart, and using advanc...

Read more.
GLOBAL: December 8, 2023

UAE Property: ‘My landlord wants to increase the rent by 25%’

Question: I have been living in a townhouse in Dubai with my wife and children since 2019. My lease is due for renewal in this mo...

Read more.
GLOBAL: December 7, 2023

Commercial Real Estate Lending in U.S. Shows Signs of Stabilizing in Late 2023

According to the latest research from CBRE, the commercial real estate lending market is beginning to stabilize, with borrowing costs appearing to have peaked, even as transaction activity remains subdued. The CBRE Lending Momentum Index, which tracks the pace of CBRE-origin...

Read more.
GLOBAL: December 6, 2023

Dubai records over $2bln in weekly real estate transactions

DUBAI - A total of1,852 real estate transactions valued at more than AED 9 billion were conducted during the week ending 24th November 2023, according to the Dubai Land Department (DLD). The DLD weekly report said that 384 plots...

Read more.
GLOBAL: December 5, 2023

6 Steps To Build An A-Level Team

In the world of commercial real estate, the level of success for everyone involved often hinges on the strengths of the brokerage team. While I have seen this play out many times in my area of inve...

Read more.
GLOBAL: November 30, 2023

Aldar launches Nikki Beach Residences in Al Marjan, sales to open on Dec 5

Aldar Properties has unveiled Nikki Beach Residences, a new waterfront community on Al Marjan Island in Ras Al Khaimah. The Nikki Beach community is nestled between two of the island’s largest resorts, Rixos Bab Al Bahr and Doubletree...

Read more.
GLOBAL: November 29, 2023

Dubai records over AED9bn in weekly real estate transactions

A total of1,852 real estate transactions valued at more than AED 9 billion were conducted during the week ending 24th November 2023, according to the Dubai Land Department (DLD). The DLD weekly report said that 384 plots were sold for AED 2.54 billion, 1,468 apartments and villas were sold fo...

Read more.
GLOBAL: November 28, 2023

UAE property market remains strong in first half amid residential and hospitality boom

The UAE's property market registered a strong performance across all sectors in the first half of the year amid robust growth in its non...

Read more.