Nakheel Inaugurates 2nd Hotel at Dubai’s Dragon City

Dubai-based Nakheel has inaugurated the second hotel at Dragon City, or the 304-room Premier Inn, marking another key milestone in the developer’s hospitality business strategy.

JIIC Awards Over AED 80 mn Works for Jubail Island

UAE’s Jubail Island Investment Company (JIIC) has granted an infrastructure works contract worth over AED 80 mn for Jubail Island to Gulf Contractors Company (GCC).

Azizi Developments Launches Mirage in Dubai Studio City

UAE's private developer Azizi Developments announced on November 11 the launch of Mirage in the upcoming Dubai Studio City.

UAE Real Estate Prices Down for 4 Yrs: Central Bank

The UAE's central bank has confirmed that the country’s real estate sector continues to endure a downward trend in the 2018 prices of residential and commercial properties for four consecutive years, owing to the ...

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 ...

UAE’s Deyaar Finishes Premium Hospitality Project in Dubai

UAE's real estate company Deyaar Development announced on October 9 that work on its Dubai-based Millennium Executive Apartments Mont Rose project has been concluded, expecting the latest addition to be operationa ...

MAG Finishes AED 800 mn Compound in Dubai South

MAG Lifestyle Development, the real estate development arm of MAG Group Holding, has finalized its AED 800 mn value-housing project in Dubai South, named "MAG 5 Boulevard," well in time for Expo 2020 and ahead of ...

Meraas, Brookfield Form AED 5 bn Retail JV

Dubai-based Meraas Holding has entered an AED 5 bn joint venture (JV) with Canada’s Brookfield Asset Management to jointly own and operate the latter developer's retail assets across the GCC region.

DAMAC Named ‘Property Developer of the Year’

Dubai-based DAMAC Properties has been named the "Property Developer of the Year UAE 2019" at the International Business Magazine Awards, on the back of over AED 480 mn worth of contracts awarded, among other merit ...

Majid Al Futtaim Releases Private Cinema in Dubai

UAE's retail developer Majid Al Futtaim, in collaboration with Kempinski Hotel Mall of the Emirates, has opened its brand-new private cinema, offering a personalized movie watching experience, along with a lavish ...

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