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

July 23, 2014

The department store will be the largest in the GCC region (Image: Aldar Properties)
10:19 GMT

Aldar Properties will join forces with Chalhoub Group to create the regions biggest department store in Abu Dhabi's Yas Mall.

Over 300 investors from across the globe visited Damac venues across the UAE (File)
08:38 GMT

Leading housing developer Damac Properties announced that all units from the luxury Loretto project sold out in one evening.

During the event
08:16 GMT
(press release)

TASWEEK Real Estate Development and Marketing has involved various US companies in different segments to introduce and endorse the Dubai Smart Living City during its visit to the USA.

Loretto event
07:52 GMT
(press release)

The latest project to be launched by luxury real estate developer, DAMAC Properties, has sold out in just one evening.

July 21, 2014

“Saudi businessmen who visit Jordan for investment and trade often fall victim to fraud,” he explained, adding: “We strongly advise our citizens to seek legal consultation here in the embassy free of charge.”
15:10 GMT

“Houses and farms are still being maintained and have been registered via official documents since the Saudi Embassy had been established in Damascus,” he said.

July 20, 2014

Revenue generated through rents during the first half of the year increased by 39 per cent to Dh32.5 million, according to the company.
15:54 GMT

The Kuwait- and Dubai-listed company said the results were due to increased occupancy rates in recently completed residential developments and strong rental yields.

Shaikh Zayed Road is one of Dubai’s biggest highways, with six lanes in each direction.
14:20 GMT

The flow of traffic on the busiest highway in Dubai will not be impacted and the number of lanes will be kept the same, the RTA has said.

RAK Properties Iftar dinner
10:50 GMT
(press release)

RAK Properties PJSC, Ras Al Khaimah's (RAK) biggest property developer listed on the Abu Dhabi Stock Exchange, hosted a special Iftar dinner for its employees at the Waldorf Astoria in the emirate.

July 18, 2014

Exhausted after a long day of work under the blazing desert sun, the migrants spend the afternoon searching for a place to sleep on the streets of Doha.
00:42 GMT

Exhausted after a long day of work under the blazing desert sun, the migrants spend the afternoon searching for a place to sleep on the streets of Doha.

July 17, 2014

The $7 billion Kuwait Metro project is another vital project currently in the stages of design and supervision.
16:05 GMT

Kuwait’s construction sector has witnessed high growth at a steady pace, driven by the announcement of several infrastructure projects in recent times.

July 16, 2014

The Garden Apartments range from studio to three-bedroom duplexes — each reflecting classic modernity while maintaining a balance of style and functionality.
16:41 GMT

Located just three kilometres from Burj Khalifa, the exclusive, ultra-stylish yet family-orientated community has more than 30 per cent of the 185-acre project dedicated to green living and is now offering its luxury homes for sale.

July 14, 2014

Although the company will finance half the cost from its resources, it is expecting to receive the remaining funds through the debt market along with the sales of some parts of the project,
04:55 GMT

Dubai’s plans to construct mega projects such as Mall of the World could lead to another boom-bust cycle within the emirate’s real estate market

July 10, 2014

With Dubai’s property market booming, analysts warn that several signs of excesses, reminiscent of pre-crisis years, are returning to the market
03:24 GMT

Dubai’s Damac Properties has announced that it will be offering luxury cars to select property buyers as part of its Ramadan promotion.

July 9, 2014

DAMAC Properties
08:56 GMT
(press release)

DAMAC Properties, one of the leading luxury real estate developers in the Middle East, has launched its much anticipated Ramadan promotional offer.

"This is a long-term project and we are betting strongly on Dubai," he said, adding that the size of the entire project would be in the range of 48 to 50 million sq ft.
04:55 GMT

By the way: Dubai is still recovering from its 2009 debt crisis.