The billionaire behind one of the UAE’s biggest property developers is taking the company he founded private, saying Dubai’s nascent real estate rebound is here to stay. “Amazing,” Damac Properties founder Hussain Sajwani said on Monday when asked to describe the recovery in Dubai’s bust-to-boom property sector, which is on an upswing after years of
3715 S. Ocean Blvd in Highland Beach is a three level storm-proof fortress elevated on pilings and constructed of poured concrete and storm-proof glass. Daniel Petroni A waterfront megahome in Highland Beach has sold twice this year, and each time it has raised the bar for for this South Florida town, which has become one
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images A slight reprieve from rising mortgage rates did nothing to invigorate mortgage demand. Total mortgage application volume fell 3.3% last week compared with the previous week, according to the Mortgage Bankers
In this article COLM CLBK Even though the Federal Reserve didn’t raise its benchmark rate Wednesday, the days of low rates are clearly numbered. Reports of hotter-than-anticipated inflation have paved the way for the central bank to unwind last year’s bond buying. While the Fed said that interest rates will stay near zero for now,
If you were hoping to one day travel back to middle-Earth, this might just be the place you’ve been seeking. A unique Airbnb listing — located in Naucalpan de Juárez, Mexico, which is 45 minutes from Mexico City — with caves, dragons and secret tunnels immersed in nature is up for grabs at $409 per night.
Jane Austen’s home is set to get a makeover after public donations and a government grant helped raise enough money to secure the renovation. In the last eight years of her life, Austen lived in Chawton, Hampshire — a village in England about two hours from London — in the house where she thought up
Burrito baron Steve Ells, Chipotle’s founder and ex-CEO, has secretly snapped up a $29.5 million West Village townhouse. But the superrich spread won’t even be his primary residence — he’s just using it as a crash pad until his nearby mega-mansion is ready, sources told Gimme Shelter exclusively. “This is just his temporary house. It’s
Aussie financier Michael Daffey, the Goldman Sachs veteran and Bitcoin biggie who paid $51 million for pedophile sex predator Jeffrey Epstein’s Upper East Side mansion — as Gimme revealed exclusively — has sold his Noho penthouse for $24.6 million, according to city property records. The buyer is Eric Schmidt, the ex-Google boss famed for dating scores of
A 17th-century Italian villa used to host royalty has now gone up for auction. And it’s being auctioned with no reserve – meaning the property will be sold, regardless of price. Known as Villa Litta Carini, and situated 45 minutes outside Milan, the highest bidder will become the new owner of the 16-bedroom, 16-bathroom historic estate.
If you can’t help but wonder what it would be like to be Carrie Bradshaw for a day, now’s your chance. For just $23 a night, Airbnb is offering guests a chance to stay at a re-creation of the iconic “Sex and the City” character’s brownstone apartment — walk-in closet included. While Sarah Jessica Parker’s
It doesn’t exactly scream serial killer vibes. Penn Badgley, who stars in psychological thriller series “You,” which centers around a bookstore clerk who has murderous obsessions with women, shelled out a modest $1.825 million for a Brooklyn pad. Made up of three bedrooms and two bathrooms, the former “Gossip Girl” star closed on the Park
Sandcastle, one of the most well-known homes in the Hamptons, has finally sold for $31 million, Gimme has learned exclusively. The buyer, we hear, is a Florida billionaire who plans on spending time there with his grandchildren. The 15-bedroom, 17,000-square-foot home at 612 Halsey Lane in Bridgehampton was built by developer Joe Farrell. Over the
Vehicles drive by unfinished residential buildings from the Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China September 16, 2021. Carlos Garcia Rawlins | Reuters BEIJING — China is closer than ever to taxing property owners, analysts say, nearly two decades after authorities began floating the idea. What’s changed is that Chinese
In 2015, Sahil Mehta helped sell his first property in the Berkeley, Calif., area at the age of 18, earning a commission of around $2,000. It solidified his interest in pursuing real estate sales and investments, which has only grown in the ensuing years. “It was such an incredible feeling, not because of the amount