Trump Turns Down USD 2 bn Deal from Dubai’s DAMAC
In a press conference held on Wednesday in New York City, President-elect Donald Trump announced that he turned down a USD 2 bn offer from Hussain Sajwani, founder of Dubai-based developer DAMAC Group
Emaar to Launch Downtown Views II on 14 January in Dubai
Emirati-based real estate developer Emaar announced its new project, Downtown Views II, described as “the pinnacle of urban living,” scheduled to launch on 14 January in the UAE’s most populous city.
Al-Futtaim Builds New Mall in Abu Dhabi
Majid Al Futtaim announced on 10 January its new AED 300 million project in Abu Dhabi, “My City Centre Masdar”, scheduled to inaugurate by the end of 2018 in the heart of Masdar City.
Dubai’s apartment rents drop in Marina, skyrocket in Arjan
With the beginning of the new year, Arjan is becoming a more appealing neighborhood to live in with skyrocket rent rates, topping the famous Dubai Marina, Palm Jumeirah, and Greens in comparison with that of 2016, Ar ...
Abu Dhabi Expat Housing Fee to be Backdated
The recently introduced expat housing fee in Abu Dhabi will be enforced retroactively to the day the decree was issued and will have to be paid in a single payment.
Al Futtaim Carillion Awarded Contract for DWTC Project
Al Futtaim Carillion (AFC) has been awarded the contract for Phase 1A6 of Dubai World Trade Center’s One Central project.
Construction Kicks Off on Dubai Investment’s Mirdif Hills
Dubai Investments (DI) broke ground on its Mirdif Hills project, which has a total investment cost of AED 3 bn.
Dubai to Build A New Harbor
The Dubai government announced the development of a new waterfront project, dubbed Dubai Harbor, that is set to become the Middle East's largest marina, reported the Dubai Media Office.
