News / Middle East

Dubai Properties Begins Work on Marasi Business Bay Marina

UAE’s real estate developer Dubai Properties breaks ground on newest marina worth AED 1 bn in Dubai, Invest-Gate reports.

Dubai’s Azizi Developments Releases New Residential Project

Dubai’s property developer Azizi Developments unveils its second residential building in Dubai Healthcare City, following the success of Azizi Aliyah, Invest-Gate reports.

UAE’s Eshraq Properties Exits Stake in Ward Holdings for AED 68 mn

Abu Dhabi’s real estate developer Eshraq Properties is to divest its entire stake in UK real estate company Ward Holdings, Invest-Gate reports.

Eagle Hills to Build New Hotel in Fujairah

The Abu Dhabi-based developer Eagle Hills plans to build its Palace Fujairah Beach in Fujairah, Invest-Gate reports.

Majid Al Futtaim Launches New Mall in Ras Al-Khaimah

Dubai-based mall operator Majid Al Futtaim unveils a new mall called My City Centre Al-Dhait with investments worth AED 68.5 mn in Ras Al-Khaimah, Invest-Gate reports.

Makkah Construction Posts Profits of SAR 56 mn in Q1

 Saudi developer Makkah Construction and Development Co. (MCDC) reports net profits of SAR 56 mn in the first quarter ending on April 25, 2017, unchanged from the figures posted in the prior-year period, Invest-Gate reports.  

Vincitore Real Estate Launches 2nd Residential Project in Dubai

Dubai’s developer Vincitore Real Estate Development unveils its second project, Vincitore Boulevard, in Dubai, Invest-Gate reports.  

Emaar Reports USD 10.9 bn Project Backlog in UAE

Real estate developer Emaar Properties PJSC says that its projects backlog in the United Arab Emirates amounts to AED 40 bn (USD 10.9 bn), Reuters reports.

Wasl Properties Launches Residential Project in Dubai

Dubai-based real estate firm Wasl Properties, a subsidiary of Wasl Asset Management Group, is launching Wasl Topaz at Umm Hurair area of Dubai, Invest-Gate reports.

Jumeirah Golf Estates Hires Contractor for Alandalus Project

UAE-based residential and leisure destination Jumeirah Golf Estates (JGE) is appointing Dubai’s Progress Constructions as the contractor for the townhouses and retail centre of its residential community Alandalus in Dubai, Invest-Gate reports.

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