DIRC Unveils Easy Payment Plans for ‘Mirdif Hills’

• Thursday, 12th January 2017
• by Farah Montasser

Dubai Investments Real Estate Company (DIRC) has set up plans to facilitate payments for buyers of units in its AED 3 bn development project ‘Mirdif Hills’

Trump Turns Down USD 2 bn Deal from Dubai’s DAMAC

• Thursday, 12th January 2017
• by Farah Montasser

In a press conference held on Wednesday in New York City, President-elect Donald Trump announced that he turned down a USD 2 bn offer from Hussain Sajwani, founder of Dubai-based developer DAMAC Group

Emaar to Launch Downtown Views II on 14 January in Dubai

• Wednesday, 11th January 2017
• by Invest Gate

Emirati-based real estate developer Emaar announced its new project, Downtown Views II, described as “the pinnacle of urban living,” scheduled to launch on 14 January in the UAE’s most populous city.

Deloitte: GCC Businesses Must Focus on VAT Preparations

• Wednesday, 11th January 2017
• by Invest Gate

Deloitte Middle East advises businesses from different sectors in GCC region to look into their VAT preparations before January 2018, the start date of VAT implementation in the GCC.

Al-Futtaim Builds New Mall in Abu Dhabi

• Wednesday, 11th January 2017
• by Invest Gate

Majid Al Futtaim announced on 10 January its new AED 300 million project in Abu Dhabi, “My City Centre Masdar”, scheduled to inaugurate by the end of 2018 in the heart of Masdar City.

No rent hike this year: Muscat Municipality

• Tuesday, 10th January 2017
• by Farah Montasser

“So far, we have not discussed reviewing rental fees this year. Most probably, there will be no increase this year,” Salim Mohammed Al Ghamary, a Muscat Municipality Council member, told Times of Oman

Kuwait’s Top Real Estate Group Visits Its Turkey-Based Projects

• Tuesday, 10th January 2017
• by Farah Montasser

The Kuwaiti Top Real Estate Group’s (TREG) Managing Director and Executive Manager visited Turkey to follow up on the projects marketed by the Group, according to a press release published

Dubai’s Nakheel Teams Up With Thailand’s Centara

• Tuesday, 10th January 2017
• by Farah Montasser

Nakheel signed a joint venture with Centara Hotels and Resorts for an AED 200 million beachfront resort on Dubai’s Deira Islands project, the National reports

Hilton Inaugurates its Third Hotel in Doha

• Monday, 9th January 2017
• by Farah Montasser

Hilton unveiled its third hotel in the Qatari capital on Monday, located in AlRayaan neighborhood next to Mall of Qatar, Gulf Business reports.

More Residential Developments To Hit Dubai and Abu Dhabi

• Monday, 9th January 2017
• by Farah Montasser

Dubai is scheduled to receive 31,000 residential units in 2017, while Abu Dhabi’s Corniche, Al Raha Beach, Al Reem, and Saadiyat Islands are anticipating a sum of 5,000 units, according to a JLL report