Construction & Real Estate

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More than $40 billion worth of new contracts were awarded in the GCC during the first quarter of 2014 alone (File Archive)
April 17, 2014 - 07:40 GMT
2014 is promising to be a record-breaking year for the GCC's construction industry.

October 9, 2013

Mohamed Sultan Al Qadi, Managing Director and CEO of RAK Properties
06:57 GMT
(press release)

RAK Properties, Ras Al Khaimah's biggest property developer listed on Abu Dhabi Stock Exchange, has announced the expansion of Mina Al Arab by unveiling two new flagship projects at Cityscape Global 2013.

October 8, 2013

DAMAC Properties Golf Veduta
10:03 GMT
(press release)

DAMAC Properties, the region’s largest luxury private developer, is again setting the agenda at this year’s Cityscape Global 2013 with the launch of its largest product range to date.

Culture Village Rendering
09:48 GMT
(press release)

Dubai Properties Group has confirmed it is proceeding with the development of Culture Village; a creek side destination which aims to capture the culture and heritage of Dubai.

Eng. Abdullah Hassan Al-Mehshadi, CEO, Msheireb Properties
08:10 GMT
(press release)

Msheireb Properties will showcase its pioneering regeneration of Doha’s historical commercial centre through its QR20bn Msheireb Downtown Doha (MDD) project at Cityscape Global 2013.

October 7, 2013

The positive sentiment witnessed in Abu Dhabi since the beginning of the year is driving sales prices up.
14:11 GMT

“While prices are moving upward very quickly, investors should be confident that there is no bubble scenario imminent," says Jeremy Oates.

Set in a private, gated community, The Trump Estates at AKOYA by DAMAC are set to be the most desirable homes in Dubai
06:56 GMT
(press release)

DAMAC Properties, one of the region’s leading luxury private developers, has announced the launch of The Trump Estates, which will take pride of place at the centre of AKOYA by DAMAC.

October 6, 2013

The project aims at increasing the mataf’s capacity from 48,000 to 130,000 pilgrims per hour.
10:10 GMT

Saudi Arabia will continue to slash the number of domestic and foreign pilgrims for two more years until the expansion project is completed.

The Walk at JBR
08:09 GMT
(press release)

Dubai Properties Group, has commissioned 16 artists based in the UAE to create and display art installations made of light for the special occasion of Eid.

FENDI-styled villas launched in AKOYA by DAMAC
07:56 GMT
(press release)

DAMAC Properties has announced a unique collaboration with Italian house, FENDI, to develop fashion-styled interiors in exclusive villas at the AKOYA by DAMAC master development in Dubai.

Downtown Dubai by Emaar Properties
07:07 GMT
(press release)

Emaar Properties is presenting the much-awaited showcase of The Opera District in Downtown Dubai, in addition to other sought-after lifestyle developments in Dubai and key international markets, at Cityscape Global 2013.

Sean McCauley, Director Agency, Asteco Property Management
06:21 GMT
(press release)

Leading regional real estate services firm, Asteco, will be showcasing two new residential projects at this year’s Cityscape Global exhibition.

Masood Al Awar, CEO, TASWEEK and Gianluigi Filippi, Hilon President and Founder
06:06 GMT
(press release)

TASWEEK Real Estate has entered into a Memorandum of Understanding with Italian architectural and interior design firm Hilon Projectsitalia to mutually leverage their services, specialties, and market reach.

October 3, 2013

Dubai’s property market prices collapsed by over 50 percent in 2009 after the global economic crisis
11:10 GMT

Residential house prices in Dubai are increasing at an unsustainable rate and may see correction over the next 12 months.

Masood Al Awar, CEO, TASWEEK Real Estate Marketing & Development
10:06 GMT
(press release)

TASWEEK Real Estate will once again reveal its attractive international portfolio and discuss key local, regional and global market opportunities and trends at this year’s Cityscape Global.

Upon completion, the lagoon will be entered into the Guinness Book of Records, said a statement released by the company on Wednesday.
09:58 GMT

The project involves the construction of the world’s largest manmade lagoon, covering 40 hectares, nearly four times bigger than the world’s largest existing lagoon.