Dubai South and Deyaar Sign MoU to Build New Development

• Tuesday, 24th January 2017
• by Yasmin El-Beih

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

• Tuesday, 24th January 2017
• by Yasmin El-Beih

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

• Tuesday, 24th January 2017
• by Yasmin El-Beih

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

• Monday, 23rd January 2017
• by Farah Montasser

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

Eagle Hills to Launch New Project, Bahrain

• Monday, 23rd January 2017
• by Farah Montasser

Bahraini real estate development company, Eagle Hills, is to launch Marassi Boulevard located in Marassi Al Bahrain and will consists of four residential buildings

Creek Gate Launched at Dubai Creek Harbor

• Monday, 23rd January 2017
• by Farah Montasser

Emaar along with Dubai Properties launched a new residential project, entitled Creek Gate in Dubai Creek Harbor Island on January 22

Artar’s Dubai Project to be Launched in 2018

• Sunday, 22nd January 2017
• by Farah Montasser

As scheduled, the Mada Residences project in Downtown Dubai, will be completed in Q2 of 2018

Masdar City Unveils Eco-Villa, the First Net-Zero Energy House

• Sunday, 22nd January 2017
• by Farah Montasser

Masdar City’s Eco-Villa, a pilot project incorporating water and energy-saving technologies, has been completed, announced on January 19 at Abu Dhabi Sustainability Week 2017

Saudi Arabia Allocated USD 266 mn on Infrastructure Projects

• Sunday, 22nd January 2017
• by Farah Montasser

Saudi Arabia is currently developing infrastructure projects in areas of Thadiq and Huraymila at a total investment cost of USD 266 million

New Kuwaiti Taxes to Affect Real Estate Sector

• Sunday, 22nd January 2017
• by Farah Montasser

Kuwait’s government attempt to impose taxes and increase costs on expats will further affect the real estate sector specifically commercial segment, while the effect on the investment sector will also be great