Construction & Real Estate
December 30, 2013
To celebrate the festive season, Dubai Properties Group created a ‘Winter Wonderland’ at the iconic Walk at JBR and at their new destination, Bay Avenue in Business Bay.
December 25, 2013
In the days immediately after the win, asking prices at some of the emirate’s emergent freehold master-developments have seen an appreciable spike.
December 24, 2013
Dubai's new online portal for real estate attractions, eMart, already visited by 29,000 customers, has attracted hundreds of investors and real estate firms in its first month since its launch in November.
Qatar will award contracts amounting to $200 billion until 2030 for construction projects and related development in the tiny Gulf country.
The average cost of construction labor fell 6.5 per cent month-on-month in November 2013.
Nasser Rafi, Chief Executive Officer of Emaar Malls Group, handed over a cheque for AED 5 million, the proceeds from Vogue Fashion Dubai Experience, to Tariq Al Gurg, Chief Executive Officer of Dubai Cares.
December 23, 2013
Arabtec Holding, one of the Middle East’s largest construction companies, is heading into the real estate development with the launch of a new property subsidiary.
With more than $200 billion worth of major projects due to be awarded in the years to 2030, Qatar remains one of the three top markets for companies doing business in and with the Middle East region.
December 22, 2013
AKOYA by DAMAC, a 42 million sq ft luxury golf community under development in Dubai has been named as the best golf development in the world.
Office rentals are starting to firm across all key commercial locations in UAE, further reinforcing its position as having the costliest office realty in the Middle East, according to a new survey.
A well-defined set of parameters will have to be followed by Dubai’s landlords on rental increases in their lease renewals, according to a new decree.
December 20, 2013
Qatar last month said foreign allegations of abuse of migrant workers working on World Cup facilities were “exaggerated” but insisted it took such claims seriously.
December 16, 2013
A special company was established for the project in which the winning consortium has a stake of 40 percent and the government holds 10 percent, while 50 percent is to be distributed to citizens as free shares
Sotheby’s International Realty, a luxury real estate brokerage agency, is setting up an office in Dubai, entering the market at the right time to catch up with the growing potential of the emirate’s realty sector,
Etihad Rail, the developer and operator of the UAE’s national railway network, has signed a Memorandum of Understanding (MoU) with SNTTA Cargo, the logistics division of Liberty Investment Co, (LIC), the holding company of the Liberty Group.