News / Middle East

Dubai Chamber Workshop Delivers Legal Advice on Real Estate

The Dubai Chamber of Commerce and Industry delivered advice on the ownership of real estate property, as well as sale and purchase agreements at a workshop that was held on August 16.

Construction Costs Remain Stable in UAE 2016

The report titled “Infrastructure Construction in the UAE to 2019: Market Forecast”, exposes the true estimated value of upcoming infrastructure projects that make up 13% of transportation.

Dubai’s Solar Park to be Operational by April

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa) in Seih Al-Dahal have visited the park to follow up progress to ensure that projects are completed as per their expected date.

Mecca, Dubai Lead in Hotel Rooms Under Development

According to latest data supplied , Makkah and Dubai are top leaders in hotel construction and planning in the Middle East

Sheraton Oman to Reopen After Decade-Long Closure

The iconic 14-storey Sheraton tower in Oman is scheduled to reopen next October after being closed for a decade.

Emirates Reit Records Rise in Rental Income

Emirates Reit’s Dubai offices, shops, and schools recorded a 25% increase in rental income during the second quarter as occupancy levels increased, despite a notable overall decline in the commercial property market.

MAB to Manage Facilities for Louvre Abu Dhabi

MAB Facilities Management has taken over the facility management services contract for Louvre Abu Dhabi (LAD) from the Abu Dhabi Tourism and Culture Authority.

Manazel Revenues Stabilize in H1 2016

Manazel Real Estate, a leading UAE developer, has recorded AED 267.4 million worth of revenues for the first half of 2016 compared to last year’s AED 262.8 million in the same period.

Decline In Demand for Dubai Office Spaces

The current decrease in oil prices and the economic slowdown in GCC have resulted in a decline in demand for office spaces in Dubai over the past six months, according to latest study conducted by Cluttons International Real Estate Consultancy.

Abu Dhabi Residential Prices Decline in Q2 2016

Abu Dhabi's property prices and rentals has witnessed a 1% slide in the second quarter and is expected to further decline, while rental values fell by 2 % during the same period, according to property broker Chestertons.

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