News / Middle East

Schon Properties to Finish Design on DIP Lagoon

Dubai-based developer Schon Properties has announced that the design of the planned lagoon in Dubai Investment Park (DIP) will be completed by the end of 2016.

Dubai Office Locations With Record Occupancy

The main office clusters in Dubai, primarily Tecom / Barsha Heights and the Dubai Design District (d3), recorded high occupancies while rents are bottoming out in 3Q 2016.

Work On Stage Two of Dubai Design District Begins

Construction on the $272 million second stage of the Dubai Design District (d3) has begun.

Rotana Announces 5 Centro Brand Hotels in Saudi Arabia

Rotana, a hotel management company, during a press conference announced it would open five hotels under the 'Centro by Rotana' brand in Saudi Arabia by the end of 2017.

Sobha Group Launches ‘Vaastu’ Villas in Hartland Project

Sobha Group, a Dubai-based real estate developer, unveiled its Vaastu-inspired homes at its $4 billion Sobha Hartland community at the Dubai Water Canal.

New Four Seasons Hotel to Open in Kuwait

Four Seasons Hotels and Resorts along with Alshaya on Monday announced plans for a new Four Seasons hotel in downtown Kuwait City.

Musanada to Begin Construction of Shakhbout Girls School

Musanada, the Abu Dhabi General Services Company, announced on Sunday that it would commence with the construction of the Shakhbout Girls School project in early November.

Dubai Advisory Firm Warns Of Continued Decline in Prices in 2017

Phidar Advisory, a Dubai-based advisory company, claimed in a recent report that property prices and rents on Dubai's residential market continued to decline in the third quarter of 2016 and might drop further throughout 2017.

Dubai Investments Appoints New General Manager for its Investment Unit

Dubai Investments PJSC announced the appointment of Rashid Abdulla Al Haji as General Manager of its Properties Investment unit.

Dubai’s Desert Rose Project Moves to Detailed Design Stage

The $8.17 billion Desert Rose project, which is set to become a smart and sustainable satellite city, reached the detailed design stage.

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