Construction & Real Estate

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The Dubai Real Estate market has become the focus of attention for an increasing number of investors from around the world
Today
The launch of mega projects and renewed investor confidence have boosted real estate transactions in Dubai to Dh113 billion for the first half of the year

April 29, 2014

Downtown Dubai
09:56 GMT
(press release)

Emaar Hospitality Group is highlighting its strategic initiatives to support Dubai’s Tourism Vision 2020 to welcome more than 20 million annual visitors by the turn of the decade at the Arabian Travel Market 2014.

DUBAILAND projects
06:54 GMT
(press release)

Dubai Properties Group (DPG), the development arm of Dubai Holding, today confirmed its participation at the upcoming Arabian Travel Market.

A comprehensive visitor management study has been undertaken around the Dubai Expo 2020 hosting, including city wide traffic and movement flow analysis.
03:55 GMT

The major construction activities on the Expo 2020 site will be completed by October 2019, allowing for a full year of readiness testing across networks, systems and technologies.

April 28, 2014

Mohammed Sultan Al Qadi, Managing Director and CEO, RAK Properties
10:38 GMT
(press release)

RAK Properties revealed its excellent performance for the first quarter of 2014, achieving a net profit of AED 42 million as compared to the AED 40 million posted over the same period in 2013.

Emaar Properties
09:04 GMT
(press release)

Emaar Properties is now offering a convenient option for its long-term investors and end-user customers to ‘skip the line’ and exercise their property purchases without pre-registration.

The units are part of the government’s social housing programme, adopted after the 25 January Revolution, which aims to offer 1m residential units to low-income citizens.
02:10 GMT

Under the supervision of the Engineering Authority of the Armed Forces, more than 6,000 residential units have been constructed in Borg Al-Arab in Alexandria.

Upon completion, it is expected to provide 40,000 housing units across four districts that will house 200,000 to 250,000 people
01:41 GMT

“The Shores of Karbala project is one of the largest of its kind in Iraq."

April 27, 2014

The World Expo 2020 is creating high levels of competition in UAE markets as companies pursue contract for the big event (File Archive/AFP)
14:00 GMT

With the announcement of the successful World Expo 2020 bid, competition among real estate contractors is breeding new levels of innovation and creativity to not only UAE's real estate sector, but the urban planning initiatives and other economic markets overall.

April 24, 2014

The two luxury four and five star hotels will offer over 1,000 rooms (File/AFP)
16:36 GMT

Muscat will award contracts shortly for construction to take place on two hotels, according to Oman Daily Observer.

The response comes ahead of the sales event scheduled for 6 April at the Conrad Hotel Dubai on Sheikh Zayed Road from 9:00am - 6:00pm
08:47 GMT
(press release)

Deyaar Development announced record online booking registrations for purchase of luxury hotel apartments at ‘The Atria’ in Business Bay.

Juman Park is designed to be a special public amenity and we are very pleased to place this major project in the very capable hands of New Job
07:53 GMT
(press release)

King Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a contract worth SR 43.5 million for the development and landscaping of Juman Park.

Emaar 16th Annual General Meeting
05:30 GMT
(press release)

Emaar Properties declared a total distribution valued over AED 8 billion (US$ 2.18 billion) in cash and bonus shares at its 16th Annual General Meeting (AGM) held in Dubai.

The JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.
03:55 GMT

The foundation and piling works, one of the most important and difficult stages of the project, took 12 months to complete, the JEC said.The JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.

April 23, 2014

The base expansion has been hailed as one of the biggest British Navy investments on foreign soil, costing $16.6 million (File/AFP)
14:49 GMT

Construction work has started on the expansion of the UK Maritime Component Command complex in Bahrain, creating a bigger partnership between British authorities and their Bahraini counterparts.

The event includes “Mind Games” competitions pitting more than 100 children from different Qatari schools and learning centers between the ages of 14 and 16
11:47 GMT

The Pearl-Qatar will host the “Talented Child Festival” at the Amphitheater – La Croisette 31 – on April 25 and May 2, 2014.