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UAE’s Azizi Introduces Short-Term Home Rental Concept in Dubai

UAE-based Azizi Developments, a subsidiary of Azizi Group, has launched sales of BAYT by Azizi in Dubai Sports City, "a new short-term rental home concept through which investors can yield higher returns by having their owned apartments managed and serviced for them."

Marakez to Open Mall of Tanta in August

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, plans to open its latest commercial project, Mall of Tanta, in Gharbia governorate next August, with total investments of about EGP 1 bn.

IMKAN Reveals New Tower at Pixel

IMKAN announced that a new tower at Pixel, the first phase of its mixed-use project, Makers District will be available for purchase next week.

Al Oula Kicks Off Ajdan Rise’s Sales

Saudi-based Al Oula Real Estate Development Company has launched the sales of its mixed-use tower, Ajdan Rise, located in Al Khobar‘s seafront

Aurora to Deliver USD 23 mn Residential Project in Dubai

UAE-based Aurora Real Estate Development plans to handover Lyra, an AED 85 mn (USD 23 mn) residential project in Dubai, following its completion.

Hilton, Shomoul Ink Deal to Establish 4 Hotels in Riyadh

Hilton Hotels and Resorts announced on March 5 the signing of a bilateral agreement with Saudi-based Shomoul Holding Company for the establishment and development of four new hotels at The Avenues, Riyadh.

Dubai Likely to Finalize Over 47,000 Units in 2019

UAE-based Property Finder has expected the number of completed residential units in Dubai to exceed 47,000 during the current year, following the finalization and delivery of around 21,014 residential units in 2018's third quarter.

GCC Infrastructure Projects Amount to USD 1.14 trn: Orient Planet

The total value of active infrastructure projects in the GCC region reached USD 1.14 trn, with roads, highways, and bridges among the most implemented projects, amidst oil price fluctuation in recent years

Majid Al Futtaim’s 1st Mall in Abu Dhabi to Open in Q2 2019

Dubai-based Majid Al Futtaim, the leading shopping mall, retail, and leisure pioneer across the Middle East, Africa, and Asia, has announced that work is progressing on schedule at its first shopping mall in Abu Dhabi, My City Centre Masdar, which is set to inaugurate in Q2 2019.

Aldar Launches Provis for Estate Management Solutions

Aldar Properties has announced the launch of Provis, a new entity to deliver market-leading, innovative estate management solutions to clients across the UAE.

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