Construction & Real Estate

fäm sells prime Business Bay office space for record AED124m

UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million. It is the biggest commercial real estate deal of its kind ever recorded in Dubai. ...

Construction & Real Estate

Dubai homeowners hold properties long-term, finds study

Dubai homeowners are now holding their properties for as long as Londoners and New Yorkers, according to a new study of more than 1.1 million transactions spanning the last 16 years....