UAE to Build Housing Complex in Ajman

• Monday, 10th October 2016
• by Tim Nanns

The government of the United Arab Emirates is set to build a $272 million residential complex in the emirate of Ajman under the Sheikh Zayed Housing Programme, featuring 729 eco-friendly housing units.

Egypt’s Arab Contractors Partners with UAE Company for 2 Hotels in Dubai

• Monday, 10th October 2016
• by Fatma Khaled

Egypt's Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai.

Dubai Municipality Advances Work on ‘Aladdin City’

• Sunday, 9th October 2016
• by Tim Nanns

The work on the detailed design of Aladdin City, a project of three main towers on Dubai Creek inspired by the ancient Aladdin stories, has commenced, according to a Dubai Municipality official.

Oman Investment Fund Plans to Develop ‘Muscat Riviera’

• Sunday, 9th October 2016
• by Tim Nanns

The Oman Investment Fund (OIF) plans to further develop the area of Yiti and Yenkit in Muscat Governorate to eventually become a "Muscat Riviera".

Sedco Capital Acquires $126 M in Saudi Real Estate Assets

• Sunday, 9th October 2016
• by Tim Nanns

Sedco Capital, a Saudi licensed asset manager, said it acquired seven quality properties over the past 19 months of a total of 88,000 square meters of built up area across the kingdom for a total cost of $126 million.

UAE to Develop SmartCity in South Korea

• Sunday, 9th October 2016
• by Tim Nanns

On Thursday, representatives from Dubai Holding launched the Smart City Korea project in Seoul, with the aim of developing the project on 51 million square feet between Seoul and Incheon.

Saudi Arabia developing 10,000 housing units in Eastern Province

• Sunday, 9th October 2016
• by Tim Nanns

The Saudi Ministry of Housing signed deals with two national real estate companies on Wednesday to build more than 10,000 housing units in its Eastern Province in the Al-Qatif Governorate.

Abu Dhabi Rentals Decline in Q3 2016

• Wednesday, 5th October 2016
• by Fatma Khaled

Apartments in Abu Dhabi have witnessed a 0.5% decrease in rental prices in the third quarter (Q3) of 2016, according to a report by Cavendish Maxwell.

Arabtec to Launch New Hotel in Dubai

• Wednesday, 5th October 2016
• by Fatma Khaled

Dubai-based developer Arabtec will build a five-star hotel in Dubai Internet City after it won the contract worth AED 340 million.

Dubai to Build Residential Complex for Government Employees

• Wednesday, 5th October 2016
• by Fatma Khaled

A new residential complex will be built for employees working in the Dubai Corporation for Ambulance Services, according to a Dubai government report.