Dubai Property Prices Drop 0.9%, Rents Fall 6.9% in Q3 2020
The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.
World’s 1st Warner Bros Hotel to Launch in Abu Dhabi
UAE-based developer Miral and Warner Bros. (WB) have uncovered that the world's first WB branded hotel, called "The WB Abu Dhabi," is currently under development in Yas Island, Abu Dhabi, hitting a completion rate ...
Provis Adds Over 30 Sites to its Property Management Portfolio
Provis, the fully-owned property management arm of UAE-listed developer Aldar Properties, has won several deals to deliver its full suite of specialized real estate services for more than 30 developments in Abu Dh ...
Jubail Island to See AED 50+ mn Marine Works for 8M
Jubail Island Investment Company (JIIC) has awarded an AED 50+ mn marine works contract to National Marine Dredging Company (NMDC) for the AED 5 bn mixed-use Jubail Island megaproject in Abu Dhabi, which is set to ...
SP Mideast Awarded AED 1.53 bn Abu Dhabi’s Qaryat Al Hidd
Saadiyat Development and Investment Company (SDIC) awarded on June 25 an AED 1.53 bn construction contract to Shapoorji Pallonji Middle East (SP Mideast) for the 160,000-square-meter Qaryat Al Hidd project on Abu ...
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