Real Estate News

Construction of The Address Residences Jumeirah Resort, Spa commences

Middle East Foundation Group appointed as enabling works contractor.
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Abu Dhabi's Marina Mall announces $820 mln expansion plans

Marina Mall undergoing a complete renovation with a 120,000 sqm extension designed by DP Architects.
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Big Dubai developers heading to Mumbai for Dubai Property Show

the premium real-estate exhibition will kick-start from Dec 9 and will conclude on Dec 11 in Mumbai.
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Real estate brokers defraud house buyers in Saudi

There have been around 9,000 cases of trespassing on Govt. land monitored by authorities
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Indian property show returns to mark its 19th successful edition in Dubai

The 3-day real-estate exhibition will be held at Hall 2, Dubai World Trade Centre, from Dec 8-10, 2016.
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Danube properties signs MOU with Bank of Baroda for home financing of Dreamz

Dreamz is the first project launched by Danube Group located in Dubai’s Al Furjan neighborhood.
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Bahrain's Kanoo IT signs key agreement with Bin Faqeeh real estate investment company

Kanoo IT will implement a tailor-made business operations and controls IT solution.
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Handover of Azizi Orchid Residence in time for the holidays and the New Year

Azizi Developments completed official handover to owners of its community residential project– Azizi Orchid Residence.
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MAG PD sees a surge in sales of MAG 5 Boulevard phase 2

MAG 5 Property Development (MAG 5 PD) first week sales launch of MAG 5 Boulevard Phase 2.
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Dubai Investments developing 3 real estate projects in UAE, mixed-use business park in KSA & eyeing projects in Africa

Dubai Investments is targeting robust growth in the real estate and property sector with a number of new projects.
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Emaar Properties wins developer of the year at Arabian business achievement awards 2016

Emaar Properties has won the prestigious recognition as the developer of the year at the Arabian business achievement awards 2016.
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490 Emiratis get over AED290 mln in housing assistance

Sheikh Zayed Housing Programme approved AED290 million in housing loans and grants for 490 eligible Emiratis.
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New rule on marketing properties in Dubai

A written agreement is required between property owner and estate agent
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Asteco: UAE Real Estate Report (Q3-16)

This is a PDF report.
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London's Centre Point residences offered to Gulf investors

Knight Frank marketing Centre Point in Gulf.
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Egypt real estate market approaching 'bubble'

Trading in real estate is in decline, while prices increase
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Schon Properties launches $875m hospitality project in Dubai

The project is scheduled for completion in Q2 2020
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VAT would have a "major" impact on real estate, say industry experts

Experts say commercial properties should have a waiver period to encourage new businesses and start-ups.
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GCC cost of living to rise after VAT, say business experts

Companies in the region would need time to redesign their strategies to focus more on long-term investments.
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Regional real estate markets set for further uncertainty following US election result, says Cluttons

Upturn in regional investment expected due to temporary recoiling in global property investment appetite, says Cluttons report.
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UAE's aswaaq to develop inspiring community hubs in the heart of Dubai's newest neighborhoods

The community malls will open in the growing areas of Nad Al Sheba and Al Quoz 2.
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Arabtec's new CEO Hamish Tyrwhitt: the man tasked with turning around one of the UAE's biggest companies

Tyrwhitt worked for 27 years at international construction firm Leighton Holdings Ltd., holding various positions in Australia and in Asia before being appointed CEO from 2011 to 2014.
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To buy or not to buy? The dilemma of buying verses renting in Dubai

A big number of expats have been in the emirate for more than 5 years and are still living in a rented apartment or villa. So when does it make sense to buy rather than rent?
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