Construction & Real Estate

Featured Story:

 in order to accommodate these new travellers, the emirate also requires significant annual increases to its hotel room inventory.
December 1, 2014 - 15:49 GMT
Developers’ rush to build hotels and hotel apartments is being led by the need to diversify their income from pure property sales

January 5, 2014

Layout of the new Jeddah airport that will be completed by the end of 2014 (Courtesy of Construction Week Online)
11:07 GMT

Saudi Arabia's new Jeddah airport construction will be completed by year's end.

Nakheel wants to use their own funds to back up its new project activity as much as possible. (Image credit: Shutterstock)
07:56 GMT

Nakheel's future plans include a revised Palm Deira figures on the radar.

January 2, 2014

Saudi Arabian Airlines will privatise four of its major sectors over the course of 2014 (File Archive)
11:56 GMT

Saudi Arabian airlines will privatise four of its major sectors in 2014.

January 1, 2014

Abu Dhabi is building the region's first Green Road to Dubai in 2014 (File Archive)
06:00 GMT

Abu Dhabi's Department of Transport will build the first green road in the Middle East during 2014. The road, which will connect the capital to Dubai will be ready for use by early 2015.

December 31, 2013

During the event
11:29 GMT
(press release)

DAMAC Properties, one the Middle East’s largest luxury real estate developers, is guaranteeing every customer a new car, on select units sold during the Dubai Shopping Festival (DSF).

December 30, 2013

Dubai Properties Group Winter Wonderland
10:16 GMT
(press release)

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

That the Expo 2020 win would prove a catalyst for new trends in Dubai’s real estate sector was a foregone conclusion.
14:07 GMT

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 eMart allows investors, firms and customers conduct real estate transactions online (File Archive/Shutterstock)
12:37 GMT

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 Projects 2014 will focus on Infrastructure & Transport as well as Energy & Utilities (File Archive)
10:21 GMT

Qatar will award contracts amounting to $200 billion until 2030 for construction projects and related development in the tiny Gulf country.

labor market dynamics, currency fluctuations and the economic decline in Asian countries have weakened the workers’ ability to negotiate. (Image credit: Human Rights Watch)
08:23 GMT

The average cost of construction labor fell 6.5 per cent month-on-month in November 2013.

Emaar and Dubai Cares
06:36 GMT
(press release)

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

Affordable housing is a large and untapped segment. (Image credit: Shutterstock)
08:28 GMT

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.

Qatar is in the midst of an infrastructure boom. (Image credit: Shutterstock)
07:58 GMT

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

Luxury Villas on Offer throughout AKOYA by DAMAC
08:07 GMT
(press release)

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.

Confidence has returned to Dubai’s marketplace. (Image credit: Shutterstock)
08:01 GMT

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.