Articles
Union Properties starts work on Green Community phase three in Dubai
Phase three will add 226 units to the Green Community and complete by mid-2017.
Abu Dhabi rental growth at slowest pace for two years
Concerns over long-term impact of oil price decline impacting on both the residential and commercial sectors.
Dubai property broker S&K Estate Agents files for bankruptcy, jobs lost
S&K has been handed to liquidators with all 80-plus employees having lost their positions as shareholders say the firm had 'poor reputation'.
AGCC picks up Dh844m contract for Emaar’s The Hills project in Dubai
The Hills consists of four towers – two 15-storey and two 12-storey buildings, overlooking Emirates Golf Club close to the Jumeirah Lakes Towers district.
Nakheel profit rises 53 per cent to Dh2.83bn in the first half
The Dubai government-owned developer did not give revenue figures for the period, but attributed the rise in profit to the handover of new units across its various communities.
Dubai’s Drake & Scull wins Kuwait contract worth Dh218m
The contractor says awards to date for 2015 have hit Dh157 billion.
Abu Dhabi property market reaches ‘tipping point’
Demand continues to grow, but at a slower pace due to investors' fear over future government spending plans, while cost of living continues to rise.
Depa boosted by Dubai Opera House and Madinat Jumeirah wins
New contract wins include fit-outs for new Dubai Opera House and extension of Madinat Jumeirah
Dubai property market receives 6,750 new homes
Most of the new units were delivered along the Sheikh Mohammed Bin Zayed Road corridor during the second quarter.
Tata Housing opens sales office in Dubai
The company 'will reach out to NRIs, who constitute more than 30 per cent of the population in the UAE'.
UAE a leader in green building, says US trade body
The Emirates has the eighth-largest stock of Leed-certified buildings outside the US at 3.1 million square metres.
Dubai police investigate vandalism at property firm following closure
Police in Dubai have been called to investigate a smashed glass door of a property firm days after it ceased trading with the loss of dozens of jobs.
Wasl to begin work on four major projects worth Dh40bn
The company has completed most of the infrastructure at Nad Al Hammar Gardens and will begin work on Wasl Tower, Wasl Park 1 and Wasl Gate in the first half of next year.
Wasl plans to open 14 hotels in Dubai by 2020
Wasl Hospitality has deals with the hotel groups Hyatt, Hilton and Starwood, and will continue to develop some five-star hotel sites.
Off-plan developers in the UAE launch more ‘buy now, pay later’ offers
Payment plans have become an increasingly important driver of off-plan properties as the market has cooled over the past year.
