The shortage of housing in California's Silicon Valley has gotten so severe that Facebook Inc proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters.
Across the board, the second quarter generated $980mln worth of deals for prime/high-end property, with 62% of these involving apartments.
Landlords are enticing tenants with better deals, to keep flats occupied amid low demand.
The Ras Al Khaimah Beach Resort will open on November 1, 2017.
Carillion and Kier won contracts for construction of Dubai Arena, a 17,000-seater entertainment and sports venue.
Housing policies blamed for real estate sector stagnation in Saudi Arabia's Makkah region
But recently, since the Brexit vote and other problems the capital has faced, there have been some concerns that houses and apartments
At some of Dubai’s older and popular freehold communities, there have been marginal gains, of under 3-4 per cent
Dubai's wasl properties pushed ahead with Shaikh Zayed Road tower and MGM branded development
The Elite Business Bay now has units priced at an average Dh1,192 per square foot