News / Middle East

Dubai’s Real Estate Regulatory Agency to Toughen Up Controls

Dubai's Real Estate Regulatory Agency (Rera) will start to conduct spot checks at ongoing real estate projects across the city.

Nakheel Launches Sale of Twin Tower Projects

Nakheel Properties will launch sales of Palm 360 and Ibn Battuta residences in Dubai during the first quarter of 2017.

New ‘Tallest Tower in the World’ Project Kicks Off in Dubai

Emaar Properties launched its 'The Tower' project in the Dubai Creek Harbour Development on Monday, according to press information.

Sharjah Asset Management, German Apleona Set Up Facilities Management Company

The investment arm of the Emirate of Sharjah, Sharjah Asset Management (SAM), has teamed up with Germany's Apleona to set up a new facilities management company.

Kuwait Real Estate Market Stagnates

Kuwait's real estate market recently witnessed stagnation due to low demand and an oversupply, yet there is the possibility of a revival early in 2017, according to experts.

Bahrain Bay Introduces New Waterfront Project

A new waterfront project by Bahrain Bay Development aims to bring more life to the development that so far has been dominated by hotels and office buildings.

Uncertainty Reigns in Saudi Residential Market

It is expected that prices on Saudi Arabia's residential market will remain supported by a high demand even though economic uncertainty and expectations of changes to the legal framework might lead to homebuyers holding back purchases, speculating on lower prices.

Uncertainty Causes Shift Towards Smaller Office Spaces in Dubai

Landlords in Dubai seem to be following a new trend of dividing floors and offering smaller office spaces due to challenging market conditions and uncertainty about companies' space requirements.

UAE to Build Housing Complex in Ajman

The government of the United Arab Emirates is set to build a $272 million residential complex in the emirate of Ajman under the Sheikh Zayed Housing Programme, featuring 729 eco-friendly housing units.

Egypt’s Arab Contractors Partners with UAE Company for 2 Hotels in Dubai

Egypt's Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai.

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