Articles
Dubai’s Mall of the World master plan revamped for transport system
An integrated transport hub linking the metro, three tram lines – including a branch to Arabian Ranches – and a major new bus interchange will also be a feature of the site.
Dubai luxury property prices continue to weaken
A new report from Asteco shows prices at the luxury end of the market have dropped by an average of 10 per cent.
MAG Property Development to showcase three-tower cluster at Cityscape Global
Tariq Bsharat, the executive director of strategy and operations, said that the company hopes to be able to launch project within the next six-to-nine months.
UAE ranked as second-best market for property investors
Only the US market is considered to have better investment prospects over the next five years as the UAE ranks above Singapore, the UK and Spain.
Dubai property hunters flocking to more affordable secondary locations
Al Furjan community and Jumeirah Village Circle the two most sought-after locations in the first eight months of the year, according to online classifieds portal Dubizzle.
Dubai to rank property brokers based on performance
Brokers will be scored on five factors – experience, number of transactions, commitment to real estate regulations, structure of their offices and social works.
Former Arabtec chief executive plans return to UAE property market
Former Arabtec chief executive plans to raise up to Dh1.56 billion in bid to push Jordanian company into UAE, Saudi, Qatar and Egypt property markets.
Ramboll earnings hit by Middle East project
Construction consultancy blames writedowns on Middle East project as reason for decline in margins.
Creator of Dubai South brand extols the values of people power
Such brash marketing will be on display this week as the annual Cityscape real estate exhibition gets under way on Tuesday.
Tecom to open 11 buildings in Dubai’s d3 by end of the year
Tecom Investments also revealed plans to rebrand to Tecom Group, which it said reflects its broader range of activities.
Dubai will not face housing supply glut, says Deyaar chief
The chief executive of Deyaar Development has dismissed concerns over the strength of the Dubai property market.
US construction company Bechtel to train Emirati engineers
The engineers will spend at least 12 months on deployment on some of Bechtel’s major projects.
Larsen & Toubro’s construction arm wins $161m Riyadh Metro contract
The company is set to build 62.8 kilometres of ballastless tracks for lines one and two of the Riyadh Metro, which will be laid in tunnels, on viaducts, through at-grade sections and at three depots.
First homes to be delivered at Dubai South within six months, says Damac
The 10-storey, 270 unit NAIA Tenora tower is one of two serviced apartment blocks the company is building in the city which is where Al Maktoum International Airport is located.
Al Nuaimi to build phase two of Flamingo Villas project in Ras Al Khaimah
The contract covers the delivery of 68 new villas ranging in size from about 186 square metres to 217 sq metres.
