Property

Dubai Torch fire-safety systems ‘worked as planned’

Statement from developer comes after some residents claimed alarms did not immediately sound. Fire-safety procedures functioned “as planned” during Saturday's blaze at The...

VIDEO: Massive fire engulfs Torch skyscraper in Dubai

Thousands of people reported to be evacuated; debris seen falling from 79-storey tower in Dubai Marina . A massive fire today broke...

Dubai ruler launches key developments, one to feature ‘snow fountain’

Sheikh Mohammed tours mixed-use Creek Heights Residences and launches three major developments by Wasl Asset Management Group. Dubai’s ruler on Wednesday gave...

Aldar says 90% of units leased at Abu Dhabi’s tallest tower

Property developer says most of the residential units at Burj Mohammed Bin Rashid tower have been rented out. Property developer Aldar says...

Saudi women call for better access to property investment

Female entrepreneurs complain about being denied entrance to real-estate auctions when not accompanied by male guardians. Female entrepreneurs in Saudi Arabia have...

Work begins on $200m Gulf Related project in Riyadh

Luxury Antara residential complex being built for expats in north-western part of Saudi capital. Construction has begun on a $200 million residential...

Emaar reports ‘record’ $912m profit for 2014

Malls, retail and hospitality business now accounts for 54% of total revenue, as annual profits rise 30%. The Dubai property developer Emaar...

Emaar plans ‘huge investments’ in Egypt, role in new capital city

Prime Minister Ibrahim Mahlab met with Emaar Properties chairman Mohamed Alabbar in Dubai. The Dubai property developer Emaar plans “huge investments” in...

Jumeirah plans to double portfolio of hotels by 2018

Dubai-based hotel group currently has 22 hotels under its brand. Jumeirah Group, the Dubai-based hotel operator, plans to almost double its portfolio...