Phase 2 of Dubai’s Redwook Park 50% Sold Out

The second phase of the Redwood Park project, owned by Dubai’s Jumeirah Golf Estates, has been 50% sold.

Rental Declines in Dubai Limited to Certain Residential Areas

The Reidin-GCP report suggests that several communities has witnessed upward prices rather than lows which tends to increases a chance for a turnaround of the market as prices recover from losses of the last 18 months.

London’s Television Centre Marketed in Dubai as Residential Property

London’s Television Center will to be converted into residential apartments that will be marketed in Dubai next month.

Dubai’s Union Properties to Receive Loan for Motor City Residential Project

Union Properties, a Dubai developer, has dealt with two banks to receive a loan worth of AED 290 million to build its Oia Residences project in Dubai’s Motor City.

Wasl to Launch Port Views Project in Bur Dubai

Wasl Group has launched a multi-purpose project called Port Views, which includes approximately 1,500 apartments and three hotels in Bur Dubai.

One Palm Residential Project in Dubai to be Completed in 2018

Dubai-based luxury real estate developer Omniyat revealed that its AED 2 billion residential project on Dubai’s Palm Jumeriah, dubbed One Palm, is expected to be completed in 2018.

Dubai’s Royal Bay Residential Project 85% Sold Out

Azizi Developments, a UAE-based company, has stated that 85% of its Royal Bay Residence project in Dubai has been sold.

DIFC and Brookfield to go to Court over Gate Defects

Brookfield and the DIFC have agreed to refrain from claims and applications aganist each other until after the arbitration is made.

Damac Partners with Lendlease on London Residential Scheme

Even though the company has already viewed more than 30 sites across London and talked with the mayor's Greater London Assembly, this is considered Damac's first tower development in the UK,

Dubai Projects’ Delivery to be Delayed amid Stringent Fire Safety Standards

The move came as strict rules, as government regarded safety as a first priority to prevent previous fire incidents in towers in Dubai that also affected surrounding facades.

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