News / Middle East

Cityscape Abu Dhabi: Now is Time to Invest

Record investment deals on the show floor of Cityscape Abu Dhabi in 2016 resulted in more than 90% of show floor space be sold for this year’s event

Mortgage Activity Increases, Dubai

Dubai’s sales transactions have declined, according to a report released by leading real estate consultancy Reidin

Green Community West Delivers its First Phase in Q2, Dubai

A joint venture between Dubai Investments and UAE-based Union Properties, Properties Investment Company will be delivering the first phase of its Green Community West in Q2 of 2017

Eagle Hills to Start Selling Marassi Boulevard This February

Bahraini Developer Eagle Hills has announced the selling of its just launched project Marassi Boulevard at Beachfront Marassi Al Bahrain Centre will start as of February 4

KSA to Partner with Private Sector in Four Upcoming Projects

Saudi Arabia’s Ministry of Housing announced four partnership projects with the private sector, where developers will be designing, constructing, and delivering residential units spreading across multiple-level buildings developed on the ministry’s lands

Dubai’s Deyaar Net Profit Drops by 52% in Q4FY2016

Dubai-based developer Deyaar’s net profit fell 52.4% y-oy in Q4FY2016 to USD 13.2 mn USD 27.6 mn in the corresponding period of 2015, according to a DFM statement.

Nakheel to Expand at Dubai’s Al Khalil Avenue Mall

Nakheel is inking an agreement with prominent MENA retailer Alshaya to launch 25 retail spaces in Nakheel’s Al Khalil Avenue Mall located in Jumeirah Village in Dubai, Invest-Gate reports.

Saudi Arabia to Revive Real Estate Sector

Saudi Arabia plans to form the National Authority for Real Estate responsible for organizing non-government real estate activity in the country, quality development, and attracting investments to the sector, Invest-Gate reports.

Alkhabeer Capital Unveils Realty Fund in KSA

The Saudi Real Estate Income Fund launched on January 23, the Saudi Gazette reports.

Dubai South and Deyaar Sign MoU to Build New Development

A new multi-purpose development will be built on an area of 1.27 mn square feet in Dubai South, according to a memorandum of understanding signed by Dubai South and Deyaar on January 21

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