Construction & Real Estate
February 25, 2014
Dubai Properties Group, has announced the opening of a new 102,675 sq. ft. park located in Bay Avenue, its flagship retail destination in the heart of Business Bay.
Dubai is stepping up its green campaign with new developments underway to build more eco-friendly communities in the UAE.
February 23, 2014
Mulberry at Park Heights, the first residential apartment complex in Dubai Hills Estate, the city of the future developed by a joint venture of Meraas Holding and Emaar Properties in Mohammed Bin Rashid City, has been launched for sale.
February 19, 2014
Since its liberation from Israeli occupation more than 30 years ago, Egypt's Sinai Peninsula has suffered from serious underdevelopment and what residents describe as neglect by the government.
Abu Dhabi residential rents increased by an average of 16 per cent year-on-year last year, with rates rising by as much as nine per cent in the final quarter.
A relaxed and inspiring lifestyle awaits residents at Mira Oasis, a new contemporary townhouse community launched by Emaar Properties within Reem.
February 18, 2014
The new entity, called Emaar Jameel, will focus on developing integrated real estate projects in the Kingdom.
Abdul Latif Jameel and Emaar Properties, have signed a Memorandum of Understanding (MoU) to develop integrated property projects in the Kingdom of Saudi Arabia.
February 17, 2014
The developer, which launched several new projects last year, said its total value of sales in Dubai for 2013 was AED 12bn, nearly three times the amount in 2012.
“For example, several Iraqi investors built housing projects and left to settle in other countries,” Awamleh said, explaining that several buyers have complained to JHDA from construction faults after developers left the country.
February 16, 2014
Saudi Arabia is claiming that land shortages are the reason it has been unable to implement over 220 new health projects throughout the Kingdom.
February 12, 2014
Saudi Arabia is losing $27 billion every year due to "deliberate stalling of construction projects by corrupt government officials."
February 11, 2014
Qatar has begun construction on its first of five stadiums that it is building in preparation for its hosting of the 2022 FIFA World Cup.
RAK Properties has announced net profit of AED 151 million for the year ended 31st December 2013, compared to AED 147 million in 2012.
February 10, 2014
US-based developer Reef Worlds announced plans this week to build underwater cities and tourism sites near Dubai.