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Infrastructure and Property

Infrastructure and Property latest

Dubai Holding expands European hospitality portfolio with acquisition in Mallorca
January 20th, 2026 - 08:36 GMT

Dubai Holding expands European hospitality portfolio with acquisition in Mallorca

Dubai Holding, a diversified global investment company with investments in more than 30 countries, today announced the acquisition of the five-star Jumeirah Mallorca in Spain. The property, which has been successfully operated under Jumeirah for several years, will continue to be managed by Jumeirah, Dubai Holding’s flagship hospitality brand and global luxury hotel company. Jumeirah Mallorca is a world-class luxury retreat featuring 121 rooms, situated on the northwest coast of Mallorca. Offering panoramic views of the Mediterranean Sea and the UNESCO-listed Serra de Tramuntana mountain range, the property has received ...
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Despite significant additional supply to the market in 2019 and 2020 from existing projects, S&P expects very few launches this year and the next year because developers will pull back supply in response to lower margins due to falling prices. (Shutterstock)
February 20th, 2019 - 09:23 GMT

Report: Dubai Property Prices to Remain Low Until 2020

During the event
February 18th, 2019 - 12:49 GMT

Edamah Participates in Milken Institute’s MENA Summit 2019

SODIC has announced its guidance for 2019 targeting EGP 7.2 billion of contracted sales.
February 18th, 2019 - 12:44 GMT

SODIC Targets EGP7.2 Billion of Contracted Sales and Delivery of 1,151 Units

The number of residential and commercial units is more than the number of people in need of such units.(Shutterstock)
February 12th, 2019 - 10:16 GMT

Rents in Oman Plummet by 60 Percent

Prominent handovers in 2018 include multiple project deliveries in Damac Hills, Hayat Townhouses and Bluewaters Residences. (Shutterstock)
February 10th, 2019 - 07:56 GMT

Properties in Dubai, Supply to Outpace Demand in 2019

The project — which is expected to take 38 months to complete — is expected to employ over 3,500 people at peak construction. (Shutterstock)
February 7th, 2019 - 11:53 GMT

$1.36 Billion Contract to Build Artificial Islands in UAE

Real estate investment volume by Iraqi nationals ranked first with JD7.8 million, followed by Saudi and Yemeni sales, totalling at JD2.7 and JD2.3 million, respectively. (Shutterstock)
February 7th, 2019 - 07:55 GMT

Real Estate Trade Volume in Jordan Plummets 24 Percent

Landlords quote lower amount in rental pacts with municipality to pocket additional money. (Shutterstock)
January 31st, 2019 - 09:17 GMT

The Catch Behind OMR1 Rents in Oman

The sales prices are expected to remain under pressure in the foreseeable future. (Shutterstock)
January 31st, 2019 - 09:08 GMT

This Is How to Nail the Best Real Estate Deals in Dubai

According to the agreement signed with the housing authority, anticipating the total number of housing units will be between 5,000 to 6,000. (Shutterstock)
January 18th, 2019 - 06:30 GMT

Chinese Contractor to Deliver 6,000 Housing Units in Kuwait

Property sales to foreigners posted an annual hike of 78.4 percent to reach 39,663 houses. (Shutterstock)
January 17th, 2019 - 09:07 GMT

Over 1.37 Million Houses Sold in Turkey in 2018

The only month where sales went slightly up was December, when a 4 per cent increase in sales brought in JD450 million for the sector. (Shutterstock)
January 13th, 2019 - 10:29 GMT

Jordan's Housing Sector Plummets 13 Percent in 2018

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