News / Middle East

Dubai Rents to Continue Decline

As Dubai’s real estate market approaches 2017, property rents in Dubai will continue to drop, according to the latest market outlook by real estate company Core Savills on Monday

UDC Secures Loan To Finish Abraj Al Mutahidah

Qatar-based United Development Company (UDC) has secured a QAR 730 mn loan from the Commercial Bank of Qatar (CBQ) to complete its latest Abraj Al Mutahidah, Invest-Gate reported

Dubai Wharf Apartments Delivered

Located at the Dubai Culture Village, Dubai Properties (DP) launched its latest Dubai Wharf, a seven-structure residential building, Invest-Gate reported

Bahrain to Launch New Medical City

Bahrain is set to start work on the new King Abdullah Medical City development in June of next year, reported Arabian Business on Sunday

Skai Completes Viceroy Project

UAE-based property developer Skai Holdings has completed its Viceroy Palm Jumeirah Dubai hotel and residences project two weeks ahead of schedule, reported ME Construction News

Nikki Beach Dubai to Open Soon

Nikki Beach Resort & Spa Dubai, a project by Nikki Beach and Dubai-based Meraas Holding, is set to open on December 20, according to its press release

Union Properties to Revive Theme Park Project

UAE-based Union Properties unfolds plans to build an AED 600 mn theme park development in Dubailand, reported Arabian Business on Sunday

UDC Sells Pearl Tower

Qatari property developer United Development Company (UDC) sold The Pearl Tower 2 to an unnamed strategic property investor, according to its press release

AlBaker to Develop Qatar’s First Sofitel

French hotel operator, Accor Hotels, signed a management agreement with Qatar's AlBaker Investments, a development company, to develop Qatar's first Sofitel hotel in Doha, according to a press release from Wednesday

Qatar Auctions the Doha Entertainment Complex

Qatar's Economy and Trade Ministry auctions the construction of the Doha Entertainment Complex, the city’s latest developmental project planned to comprise retail and entertainment, reported Reuters Zawya on Monday

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