News / Middle East

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

Al Ma’awdah and Al Salam Bank to Sell Residence Sharq Homes

Bahraini construction development company Al Ma’awdah Group is partnering with Al Salam Bank-Bahrain through an escrow account agreement to sell Residence Sharq Homes

Nakheel to Launch Avani Hotel at Ibn Battuta Mall in Dubai

Dubai-based Developer Nakheel will be partnering with Thailand’s Minor Hotels for the management of Nakheel’s 372-room Avani Hotel, located at Dubai’s Ibn Battuta Mall, Trade Arabia reports.

Kerzner to Launch a Luxury Residential Project, Dubai

A leading international developer, Kerzner International Resorts has collaborated with Knight Frank for real estate consultancy to launch Royal Atlantis Residences project located on the crescent of the Palm in Dubai

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