A May ValuStrat Price Index (VPI) analysis of Dubai property values revealed that strong demand lessened the effects of flooding brought on by April's record rainfall. Analysts at ValuStrat found that while apartment valuations grew quicker than in April, villa capital values grew at similar monthly rates. The VPI increased by 2.1% monthly and by 27.2% annually in May, hitting 174.4 points. Against a...

The Sharjah Investment and Development Authority (Shurooq) has announced the soft launch of the first phase of the “Najd Al Meqsar” project. The Sharjah Collection manages this project, which is a premier luxury hospitality and heritage tourism destination in Khorfakkan, located in the eastern region of the Emirate of Sharjah. Read this also: Dubai Hills Estate presents Soho’s hospitality-inspired...

The Berkeley, the first completely furnished home with a hospitality theme within the Dubai Hills Estate development, has been unveiled by Soho Development, a residential real estate developer with headquarters in the United Arab Emirates. The Berkeley offers distinctive parkfront living in one of the most sought-after neighborhoods. Read this also: “We want to be opportunistic with new...

The ADX-listed Eshraq Investments is getting ready to introduce a new operational plan that will involve looking into private equity prospects in Saudi Arabia and the United Arab Emirates. Read this also: In May, Dubai real estate reaches record highs. These would come in the shape of $50 million to $100 million investments in businesses that Eshraq thinks have the capacity to expand and yield the...