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Building material cost hikes ‘to boost property prices’
Steel prices alone have jumped 25%, which is likely to boost real estate costs, says developer Danube. An increase in building materials...
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UAE signs partnership with Hyperloop firm
Agreement supports strategic partnerships according to the Abu Dhabi Vision 2030. The Office of Sheikh Falah Bin Zayed Al Nahyan has signed...
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Nakheel confirms retail bookings at Al Khail Avenue mall
Developer signs Alshaya group brands for 100,000 sq ft of space at 1.2m sq ft facility. Nakheel Malls has signed Middle East...
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New Saudi projects suggest infra project freeze easing
Authorities announce three public transport projects in the port city of Jeddah – report. Three new public transport projects announced in the...
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Call for elevation of UAE green building standards
Karim El-Jisr says current green building specifications are too lenient. A leading expert involved with Dubai’s Sustainable City project has called on...
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Abu Dhabi merges IPIC, Mubadala Development
Newly created Mubadala Investment Company will have assets totalling $125 billion. Abu Dhabi’s government has merged two of its top investment funds...
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Dubai South, Deyaar strike deal for project
1.27 million sq ft development to include residential units, shops, retail outlets and hospitality facilities. The Dubai South master-developer and Deyaar have...
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Dubai real estate market sees $3.2bn of deals in fortnight
Dubai Land Department director general says investor confidence growing in 2017. Dubai’s real estate market generated transactions worth $3.2bn during the first...
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New UAE fire code ‘won’t apply to ongoing projects’
Under-construction developments will not be subject to the new regulations – report. A new fire safety code in the UAE will not...
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UAE committee approves 420 projects worth $136m
Construction works were endorsed by the UAE President’s Initiatives Committee. The UAE President’s Initiatives Committee has endorsed 420 construction projects at a...
