Cluttons Dubai's resident partner also predicts rents to fall 50% off 2008 peaks....

One of Abu Dhabi's largest real estate developers, Aldar Properties, has launched an initiative to help create a Property Research Society in the region, the first of its kind in the Middle East....

Nasser bin Hassan al-Shaikh, director general of Dubai's Department of Finance, said today that the property market in the emirate was hurt 'badly' by the global economic crisis, and pledged that the government will provide help to local real estate firms that have been affected by a decline in the construction, investment and acquisition of properties, reported Bloomberg. The recen...

Armani Hotels & Resorts, born of the collaboration between Dubai-based global property developer Emaar Properties and Giorgio Armani S.p.A, announced that construction for the Armani Hotel Milano, its flagship property in Italy, is now underway....