Construction & Real Estate

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Such difficulties illustrate the perils of the Gulf's construction market
October 30, 2014 - 13:37 GMT
Builders are now scrambling to obtain loans and digging into cash reserves for money to tackle the projects.

October 23, 2013

“The expatriate influx has also driven further demand for serviced apartments, where occupancy levels have increased from long-stay guests,” added Wolfe.
13:28 GMT

Average residential rental in Doha has risen 16 per cent year-on-year due to increased demand from expatriate inflow and a lack of supply in the market, said a report.

Ziad El Chaar, Managing Director, DAMAC Properties
09:11 GMT
(press release)

DAMAC Properties Managing Director, Mr. Ziad El Chaar has called on UAE banks to provide a non-resident mortgage and support the resurgence in the real estate market.

October 18, 2013

Hosting Expo 2020 would inject “billions” into the Dubai economy, Andrew Scott, Professor of Economics at the London Business School.
11:23 GMT

A successful Dubai Expo 2020 bid would be a ‘major game changer’ for the regions burgeoning real estate sector, according to Danube Founder & Chairman Rizwan Sajan.

October 13, 2013

Mohamed Sultan Al Qadi, Managing Director and CEO of RAK Properties
05:53 GMT
(press release)

RAK Properties announced that its new flagship project, Flamingo Villas generated high demand during the concluding Cityscape Global 2013.

October 9, 2013

The Walk at JBR
11:17 GMT
(press release)

Dubai Properties Group announced significant new projects and upgrades planned for The Walk at JBR.

Masood Al Awar, CEO of Tasweek, at Tasweek stand in Cityscape Global 2013
08:16 GMT
(press release)

TASWEEK Real Estate has signed a Memorandum of Understanding (MoU) with Go Green Egypt Co. for Property Management at Cityscape Global.

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.