News / Middle East

DAMAC Awards AED 72 mn Contract for AKOYA Oxygen

DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) an AED 72 mn contract to build roads and infrastructure at AKOYA Oxygen, a billion-dollar luxury villa community in Dubai

Emaar Starts Construction of Beach Vista Residences

Emaar Development, the real estate arm of UAE developer Emaar Properties, has taken possession of the land for construction of Beach Vista residences

DAMAC Finalizes Tower B’s Raft Foundation

Dubai-based developer DAMAC Properties reveals the completion of the raft foundation works for tower B at AYKON City, its multi-tower master development overlooking Dubai Canal and Sheikh Zayed Road

Dubai Creek Tower Hits New Construction Milestone

Dubai Creek Tower, the USD 1 bn centerpiece of the six square kilometers Dubai Creek Harbor project, achieves concrete placement for the pile cap, two months ahead of scheduled completion

Emaar’s Dubai Hills Mall Sees On-Schedule Progress

Dubai's real estate firm Emaar Development has announced achieving “new construction milestones” in its Dubai Hills Mall with over 60% of its structure completed

Jumeirah at Saadiyat Island Resort to Open Doors In November

Dubai-based hospitality giant Jumeirah, a member of Dubai Holding, is set to open doors to its Abu Dhabi's new luxurious beachfront resort, Jumeirah at Saadiyat Island Resort on November 11

“Hyde Park Gardens” In London Offered To GCC Homebuyers

As this rarely happens, the British real estate agency, Kay & Co., currently offers the exclusive luxury -over- USD 20mn- Hyde Park Gardens apartments in London are currently offered to GCC homebuyers

Dubai Introduces Smart-Digitized Real Estate Platform

As part of its contribution to the Dubai 10X initiative, Dubai Land Department (DLD) unveils its ‘smart’ digitized real estate platform designed for conducting real estate trading and transactions with multiple parties through a paperless system.

UAE Sees Decline in Rental & Sales Rates

UAE has witnessed a decline in the villa and apartment sales and rental rates in the first quarter of 2018

Mina By Azizi Project Nears Completion

UAE-based real estate developer, Azizi Developments, reveals that its -AED 780 mn- Mina project by Azizi, situated on Palm Jumeirah, is scheduled for completion by the third quarter of 2018.

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