News / Middle East

Saudi’s ARTAR To Showcase Its Dubai Residential Tower at Restatex

Saudi Arabia’s real estate developer ARTAR will bring their Mada Residences project to virtual reality for visitors attending Restatex, the Riyadh Real Estate and Urban Development Exhibition taking place April 23-26, Invest-Gate reports.

Arabtec Asks Banks to Waive Debt Terms

Dubai-listed Arabtec Holding is asking banks to waive terms on its debt after it reported accumulated losses of AED 4.6 bn (USD 1.25 bn) last year, Invest-Gate reports.

Damac Properties to Launch New Homes in Aykon City

Dubai’s leading real estate developer Damac Properties is launching new residential units including studios as well as one- and two-bedroom apartments within The Residences Project in Aykon City, Invest-Gate reports.

Dubai’s DAMAC Showcases New Kenda Villas

Dubai-based DAMAC Properties showcased on April 12 its new Kenda Villas, a range of stone villas located in a private enclave of the international golf community, AKOYA Oxygen, Invest-Gate reports.

Abu Dhabi’s Aldar Awards Main Contract For Yas Acres in Q2

Abu Dhabi-based Aldar Properties is to award the main contract for its flagship golf and waterfront development Yas Acres in the second quarter of this year, Invest-Gate reports.

Aldar Properties Maintains Steady Progress in 7 Projects

Abu Dhabi’s real estate developer Aldar Properties is steadily progressing in its seven main underway projects, Invest-Gate reports.

JLL: Jeddah’s Rent Prices Fall Following Departure Of Expats

Rental values in Jeddah’s housing sector in the first quarter of the year have decreased by 9% quarter-on-quarter and 8.5% year-on-year, Invest-Gate reports.

Saudi Arabia Unveils Plans for ‘Entertainment City’ Near Riyadh

Saudi Arabia unveils plans for an entertainment city on the edge of Riyadh, which will be 50 times the size of Gibraltar once complete, Invest-Gate reports.

UAE’s Bloom Offers 225 Upscale Apartments for Leasing

Abu Dhabi-based real estate developer Bloom Properties announces the leasing of 225 exclusive upscale residential apartments in Bloom Marina, a waterfront destination located in Abu Dhabi’s Marina Al Bateen area, Trade Arabia reports.

South Korean Firms to Build USD 4 bn Smart City, Kuwait

A consortium of South Korean construction companies are to start building an eco-friendly residential city in Kuwait by 2019, Yonhap News Agency reports.

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