Market Trends

Omniyat confident Dubai property market stable

Market will balance out when more housing supply comes online in 2009, CEO says.

The road ahead

The talking point of 2007 was how expensive life in Dubai had become. Will 2008 be the same? Our team of financial experts have the answers.

Property prices predicted to soar 20% in 2008

Building costs and delays will continue to push up prices, Jones Lang LaSalle says.

Rents eat into Gulf salaries

Housing expenses continue to dent paychecks forcing more people to share accommodation.

Tenant relief as Abu Dhabi cuts rent cap

Executive Council says rent increases will be restricted to 5% for the remainder of the calendar year.

Kuwait vows war on property costs

State says it is to tackle rise in residential land prices and ensure decent standard of living for citizens.

Fearful buyers shelve 2008 property plans

Gulf residents will continue to rent as 2008 price drop predicted, survey shows.

Saudi tenants floored by rent hikes

Price misery in kingdom compounded as real estate owners increase rents by up to 25%, report says.

Are salaries still attractive in the Gulf?

Each week Arabian Business invites you to have your say on a popular issue.

UAE Guide: living and working in the Emirates

Caps off to rent watchdog in inflation battle

Dubai is slowly recognizing the problem of rising rents and its contribution to inflation.

Bahrain could ban foreign property ownership

Gulf state may pass law in effort to curb pressures on real estate prices, report says.

Property prices to peak in 2008

Property prices are set to continue to rise next year as projects are delayed, EFG-Hermes says.

Salaries soar for real estate executives

CITYSCAPE: Wages and benefits are both improving in step with rocketing house prices in the Gulf.

Qatar denies it has set rent cap

Speculation grows that government will lower cap from 10% to 7% as current rate expires at month's end.

Real estate agents cash in on boom

The real estate industry is building riches for its workers offering the best salaries in the region.

Value of UAE mortgage market doubles

Market grew to $12.5bn in six month to June as lenders tap booming property market.

Dubai real estate - second most expensive in world

Continued shortages will make only West End of London more expensive for housing.

UAE to publish inflation data monthly

Emirates plans to update consumer price index following review, source reveals.

Largest Saudi lender predicts 7% inflation in '08

Inflation to accelerate as gov't spending and immigration strain capacity, NCB says.

Qatar inflation hovers below 14%

Rents and food prices surge in Q4 as inflation rises slightly to 13.74% compared with previous quarter.

UAE house prices will continue to rise

Demand coupled with supply shortage making it easy for developers to pass on costs, EFG-Hermes says.

Analysis of Gulf real estate 'extremely' difficult

Lack of information and inconsistent market estimates a problem, Moody's says.

Oman to slash rent cap

Gov't considering cutting cap to 7% from 15% previously as part of new rent law, sources say.

Overpriced property market struggling to attract buyers

Kuwait market in 'stagnation', prices above the levels buyers can afford, exec says.