Dubai Plans Launch of Real Estate Performance Index

• Tuesday, 12th July 2016
• by Eman El Sherbiny

Dubai is currently planning on launching a real estate performance index to enable global investors to track and benchmark the real estate performance, Emirates 24/7 reported quoting the Dubai Land Department (DLD) Chief.

Damac Launches New Akoya Oxygen Golf, The Beach

• Tuesday, 12th July 2016
• by Eman El Sherbiny

Dubai-based Damac announced the launch of The Beach, which includes beach-style living apartments within the Akoya Oxygen development program in Dubai, Arabian Business reported.

Work Starts on Muharraq Central Market in Bahrain

• Monday, 11th July 2016
• by Eman El Sherbiny

Work on Bahrain’s Muharraq Central Market has begun following the evacuation of the area’s tenants, to sprawl over 9,800 square meters and be completed end of 2017, Trade Arabia reported, quoting a report.

Egypt’s Moukhtar Ibrahim to Expand Regionally

• Sunday, 10th July 2016
• by Heba Eid

Moukhtar Ibrahim, Egypt-based construction firm, plans to open two branches in Algeria and UAE, by the end of 2016, announced its chairman, Fayek El Banna.

UAE’s first Qualified Investor Real Estate Fund to Launch

• Sunday, 10th July 2016
• by Eman El Sherbiny

Dubai’s Mashreq Bank has announced establishing a partnership with the real estate company Arady Properties to launch the first Qualified Investor Real Estate Fund in the UAE, Arabian Business reported.

Dubai’s RTA Announces Completion of Jumeirah Bridge

• Sunday, 10th July 2016
• by Eman El Sherbiny

Dubai’s Roads and Transport Authority (RTA) announced it expects to open two lanes of Jumeirah Bridge in July, as part of the Dubai Water Canal project’s second phase.

Emaar Launches Il Primo Apartments Marketing Campaign at London’s Harrods Store

• Sunday, 10th July 2016
• by Eman El Sherbiny

Dubai’s Emaar Properties has launched a marketing campaign for the sale of Il Primo apartments located at the Opera District in Downtown Dubai, at the famous Harrods Department Store in London.

Emaar Awards AED 500 M Opera Grand Tower to Athens-Based Company

• Wednesday, 6th July 2016
• by Eman El Sherbiny

Dubai-based Emaar Properties has awarded the contract to build Opera Grand Tower in Downtown Dubai, worth AED 500 million to Athens-based Consolidated Contractors Company.

MAF and Starwood Hotel Ink Agreement to Open Aloft Hotel

• Monday, 4th July 2016
• by Eman El Sherbiny

Leading developer Majid Al Futtaim (MAF) has signed an agreement with Starwood Hotels & Resorts Worldwide to open Aloft hotel, which will be connected directly to City Centre Deira, the first integrated shopping and entertainment destination in the Middle East, Trade Arabia reported.

Damac Targets Young Homebuyers With Akoya Oxygen Project

• Monday, 4th July 2016
• by Eman El Sherbiny

Property developer Damac launched a 5.11 million square meter project, called Akoya Oxygen to include villas aimed at young homebuyers,.