Articles
Sobha launches ‘quad homes’ at $4 billion Hartland project in Dubai
First 27 units start in price from Dh5.3 million and are due for completion by the end of next year.
Strata space development falls out of favour in Dubai
'Developers aren’t really considering – certainly the majority of them – building strata any more. That idea has flown.'
Developers eyeing Expo 2020 as ‘golden opportunity’ to plan new Dubai property launches
Developers are eager to get projects under way in time for completion by Expo 2020, despite the number of units already in the pipeline.
GCC deficits set to narrow amid higher revenue
The UAE’s economy is predicted to experience the second-highest rate of non-oil growth, with Moody’s arguing that fiscal consolidation in Abu Dhabi will be offset by higher project spending in Dubai.
Impact of Saudi’s $20bn project cull not likely to be felt this year
Emirates NBD's Khatija Haque expects Saudi government spending this year to be slightly ahead of 2016.
Detailed designs for Expo 2020 site in Dubai in final stages
Tenders have been issued for several aspects of Dubai’s Expo 2020 site in recent weeks, including the construction of the 15,000 square metre UAE Pavilion designed by Spanish architect Santiago Calatrava.
Nakheel seeks contractors for its Deira Islands Boulevard
Dubai-based developer wants to build 16 residential towers on the Dh5 billion site, which will include gardens and walkways.
Dubai property agents remain optimistic as pipeline swells
The property consultancy Cavendish Maxwell's fourth-quarter residential survey says 61,000 homes are scheduled for completion this year.
New York townhouse on offer as a ‘blank canvas’ for Dh73.5m
The six-storey, 17-room mansion is currently being used as office space and a contemporary art gallery
Dubai Carbon to provide solar lesson with rooftop panels at schools
Schools will be involved with the installation and maintenance of the system, as well as monitoring the amount of energy generated and the benchmarking of data against consumption figures.
Damac confirms Trump turned down Dh7.3bn of new deals
Company confirms it sought to extend deals, but was rebuffed by a Trump Organization that is curtailing overseas projects
No ’super-tall’ towers in Middle East last year
Recovery expected in 2017 with up to nine supertalls due for handover including four major Dubai towers.
Majid Al Futtaim plans to open Masdar City mall in 2018
The company, which announced that it was building the mall as part of a proposed Dh30 billion worth of investments in June last year, said the new mall will be based right in the heart of Masdar City in Abu Dhabi.
Etihad Esco to install solar panels at villas in Hatta
Company also plans to tender projects to retrofit Dubai International Airport's three main terminals and car parks this year.
Dubai housing market close to the bottom, but Abu Dhabi has further to fall, says expert
'The real estate market in the two largest emirates of Dubai and Abu Dhabi reflect their relative economic strengths,' said Craig Plumb, the head of research at JLL Mena.
