Construction & Real Estate

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That is why “there is [still] a lot of demand for the more established areas — Downtown and Dubai Marina — because the amenities tend to be better,” said Mahoney.
January 26, 2015 - 10:18 GMT
No one has a problem in agreeing that Dubai’s property sales and value gains have taken a bit of a softening in the last six months.

October 6, 2014

Cannes award-winning Director leads the shoot
10:00 GMT

The Middle East’s leading luxury real estate developer, DAMAC Properties, has launched a world-wide TV advertising campaign for its 55 million sq ft AKOYA Oxygen master development.

October 2, 2014

Qatari Diar, the real estate arm of Qatar's sovereign wealth fund, stepped in with financial aid last year, agreeing to buy some of Barwa's assets for $7.1 billion.
14:57 GMT

The sale was agreed on September 30 and will have a positive impact on the company's financials.

September 28, 2014

Its Egyptian project is seen as part of economic and political support of Egypt by the United Arab Emirates.
17:07 GMT

The project would not only mark a huge expansion of Arabtec’s business but also boost Egypt’s struggling economy and help to resolve a housing shortage that has become a major source of political discontent.

September 25, 2014

AKOYA Oxygen
08:34 GMT
(press release)

One of Dubai's largest luxury real estate developers, DAMAC Properties, is launching an exclusive product for UAE nationals.

September 24, 2014

The Global Infrastructure Investment Index ranks the world’s 41 most dynamic countries with the greatest potential for growth and investment in their economic infrastructure.
04:55 GMT

The UAE has overtaken Canada to rank among the top three attractive markets in the world for investment in infrastructure.

September 23, 2014

An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, the Gulf emirate’s top property website says, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad.
14:10 GMT

Research by Dubai website Dubizzle showed rents and house prices in Dubai’s prime locations now match those in Manhattan.

DAMAC Properties' packed stand at Cityscape Global
11:13 GMT
(press release)

Senior executives at DAMAC Properties, one of Dubai's leading luxury real estate developers, has hailed this year's Cityscape Global as its most productive to date.

James Kaplan, Senior VP Development, Minor Hotel Group with Mohammed Al Habbai, Chief Officer of Urban Planning and Infrastructure at DPG
09:53 GMT
(press release)

Following the launch of its Dubai Wharf development earlier this week, real estate developer Dubai Properties (DP) has revealed details of a third project in the unique Culture Village district - a luxury waterfront hotel.

RAK Properties at Cityscape Global 2014
06:08 GMT
(press release)

RAK Properties received an overwhelming response from interested investors and buyers during its participation at 2014 Cityscape Global, the prime location for real estate investment.

Both Kuwait and Bahrain are expected to witness a major surge in the value of infrastructure projects this year, according to the report
05:55 GMT

The value of new infrastructure projects across the Gulf Cooperation Council (GCC) region is poised to hit $86 billion in 2014, up 77.8 per cent compared to last year, said a report.

September 22, 2014

The Trump Estates at AKOYA by DAMAC
09:51 GMT
(press release)

AKOYA by DAMAC, the 42 million sq ft luxury golf community off Umm Suqeim Road in Dubai, has made great progress since its announcement just over a year ago.

September 21, 2014

The 13th edition of Cityscape Global is all set to welcome more than 35,000 participants from across the world and exhibitor numbers have also jumped to more than 280 for the first time in five years.
20:17 GMT

The Middle East’s largest and most influential property show is also co-located with three dedicated and expert-led conferences.

08:07 GMT
(press release)

Leading luxury real estate developer, DAMAC Properties, has announced it will be developing a second golf course and related facilities in Dubai with the Trump Organisation.

Dubai Wharf
05:54 GMT
(press release)

Dubai Properties has announced the launch of Dubai Wharf, an 800Million Dirham project in the heart of Culture Village, in a new step to further meet the growing housing and leisure demands of Dubai’s rising population.

September 18, 2014

The Trump Estates at AKOYA by DAMAC
10:26 GMT
(press release)

Investors in Dubai’s off-plan real estate market can capitalise on attractive mortgages thanks to a newly signed agreement between leading luxury real estate developer, DAMAC Properties and Abu Dhabi Commercial Bank.