News / Middle East

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.

UAE Announces Foreign Ownership, Visa Reforms to Lure Investors

The UAE cabinet revealed on Sunday, May 20, plans to allow 100% ownership and visa incentives to foreigners by year-end, in a bid to attract investors to boost its slowing national economy

Seven Tides Launches AED 1.3 bn SE7EN CITY JLT

UAE-based residential, hospitality and commercial property developer Seven Tides has revealed plans for its first project in Jumeirah Lakes Towers (JLT) in Dubai

Saudi Jabal Omar Sells 90 Units For SAR 1.1 bn

Saudi-based Jabal Omar Development Company (JODC) announces signing an agreement on Sunday, May 20, to sell 90 residential units at SAR 1.1 bn to Albilad Capital, the investment arm of Albilad Bank.

First Residents to Check into Emaar South Next Year

Residents of Emaar South, a joint venture project between Emaar Properties and Dubai South, will be able to check into their homes the upcoming year

Eagle Hills Sharjah Launches Second Maryam Island Project

Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, launches Sapphire Beach Residence, the second residential building of the flagship Maryam Island project in Sharjah on Wednesday, May 16

Sharjah Holding Unveils Uptown Al Zahia Neighborhood

Sharjah Holding, a partnership between Majid Al Futtaim and Sharjah Asset Management, launches Uptown Al Zahia, the newest neighborhood in Al Zahia, on Wednesday, May 16

Nahkeel’s The Pointe to Open End of 2018

The Pointe, Nakheel’s AED 800 mn, 1.4 mn square feet waterfront dining and entertainment destination on Palm Jumeirah, is nearing completion and will open towards the end of 2018

Nakheel Tenders PALM360 Piling, Enabling Proposals

Nakheel is floating a construction tender for its PALM360, an iconic, two-tower luxury hotel and residential landmark project on Dubai’s Palm Jumeirah

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