Al Sedrah Launches Lotus Complex at Ras Al Hamra

• Wednesday, 21st December 2016
• by Farah Montasser

Oman-based real estate investor and developer Al Sedrah Real Estate unveiled plans for a residential project, Lotus Complex, at Ras al Hamra in Qurm, Oman, reported Times of Oman on Wednesday

Ramee Group Acquires Juffair Views

• Wednesday, 21st December 2016
• by Farah Montasser

Ramee Group, the Indian hospitality company, bought the stalled Juffair Views project in Bahrain for BHD 3.6mn, reported Arabian Business on Wednesday

R Hotels to Open UAE’s First Wyndham Garden

• Wednesday, 21st December 2016
• by Farah Montasser

Hotel operator R Hotels is set to open the first Wyndham Garden hotel in the UAE in the emirate of Ajman at a cost of AED 200 mn, Invest-Gate reports

Saudi Arabia Takes its Rental Market Online

• Wednesday, 21st December 2016
• by Farah Montasser

Saudi Arabia plans to set up a new national e-network system to regulate rent prices and broker activity as well as to create a new rental disputes center, reported the Saudi Gazette on Tuesday

Azizi Developments Embarks on New Projects for The New Year

• Wednesday, 21st December 2016
• by Farah Montasser

With 2016 coming to an end, UAE-based property developer Azizi Developments celebrates the new year with 50 new projects for 2017, Invest-Gate reports

Dubai’s RDC Records 19,000 Rental Disputes in 2016

• Tuesday, 20th December 2016
• by Farah Montasser

Dubai's Rental Disputes Center (RDC) recorded 19,000 rental disputes in 2016, representing 5% of the total contracts, according to a press release by the Dubai Land Department (DLD) on Monday

Sobha Expands Selling of Freehold Plots

• Tuesday, 20th December 2016
• by Farah Montasser

Real estate developer Sobha Group has extended its offer for investors and end-users to buy land plots at Sobha Hartland Dubai, according to a press release on Tuesday

Dubai Rents to Continue Decline

• Tuesday, 20th December 2016
• by Farah Montasser

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

• Tuesday, 20th December 2016
• by Farah Montasser

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

• Tuesday, 20th December 2016
• by Farah Montasser

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