Construction & Real Estate
August 13, 2013
In June 2012, it was announced Marvel Entertainment, the creator of popular comic book heroes X-Men and The Avengers, was to lend its name to one of the zones, which will feature retail outlets, dining facilities and interactive entertainment.
August 12, 2013
Dubai Properties Group (DPG), master developer of Business Bay, DUBAILAND and JBR, has allocated plots in many of its master developments to accommodate a total of eight mosques.
August 7, 2013
A little over half of the approved loans, which came from 662 applications, were for new constructions. According to NBK, these figures are roughly double the amount approved during the same period in 2012.
August 5, 2013
The first photovoltaic solar panels have been installed in thefirst phase of the QR 20bn Msheireb Downtown Doha project by Innovations Unlimited ME.
August 4, 2013
Dubai Properties Group hosted a series of traditional Ramadan tent events across its different DPG communities during the holy month.
August 1, 2013
A long-awaited mortgage law approved by Saudi Arabia in 2012 will have a limited impact on the housing market in the short term as the law mainly addresses demand not supply.
July 31, 2013
The construction sector is currently facing a range of obstacles, including increased prices of industrial fuel, higher taxes and high foreign exchange costs.
July 30, 2013
RAK Properties, Ras Al Khaimah’s biggest property developer listed on Abu Dhabi Stock Exchange, has earned a net profit of AED 51.10 million in the second quarter of 2013.
July 29, 2013
RAK Properties has earned a net profit of AED 51.10 million in the second quarter of 2013.
Emaar Properties recorded first-half 2013 (January to June) net profit of AED 1.231 billion (US$ 335 million) similar to the first-half 2012 net profit of AED 1.220 billion (US$ 332 million).
JBR, the iconic Dubai Properties Group destination in Dubai is celebrating the holy month of Ramadan by placing a traditional Ramadan cannon on The Walk at JBR.
July 28, 2013
Sharjah’s residential rental market is on the ascendant according to the latest Northern Emirates Focus report from leading UAE property management company, Asteco.
July 25, 2013
Abu Dhabi will see existing residential supply augmented by the handover of 3,500 units and a rush of standalone tower projects during the second half of the year, offering mid-level investors a wide choice of properties.
July 24, 2013
Abu Dhabi is primed to offer mid-level investors an increasingly wide choice of properties for buyers looking to enter the local real estate market.
The Board of Directors of RAK Properties will meet on Sunday (28 July 2013) to announce the financial results of the first half of 2013.