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Work on Saudi Arabia’s $320m Riyadh Walk set to start in 2016
Mixed-use development including mall, hotel and leisure facilities scheduled to go ahead in January after JV agreement. Construction work on the $320...
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First Dubai South hotel apartments ready soon, says Damac
Dubai-listed developer says construction work on NAIA Tenora project will complete in about six months. A Damac Properties development in Dubai South...
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Dubai’s SKAI Holdings in $300m finance deal for Viceroy hotel projects
Chinese and Arab banks help fund two large developments in Dubai. Dubai real estate investment firm SKAI Holdings has closed a $300...
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Oil price decline starting to hit UAE office market – Cluttons
Abu Dhabi is already beginning to feel the effects of a slowdown in government spending, Cluttons research finds. The fall in oil...
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UAE’s Arabtec denies $40bn Egypt housing contract scaled back
Dubai-listed builder says there is ‘no progress’ on deal to build a million homes. Arabtec has denied a media report saying that...
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Dubai falls to bottom of Knight Frank global house price index
12.2% annual drop in property prices pushes emirate to last place in ranking of 56 locations. Residential property prices in Dubai declined...
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UAE’s Majid Al Futtaim opens City Centre Me’aisem mall in Dubai
The $75 million mall in the International Media Production Zone is the developer’s sixth City Centre property in the UAE. The UAE-based...
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Abu Dhabi’s Aldar set to launch sale of 1,000 villas at West Yas
The $1m+ villas, which go on sale on September 12, will be available to UAE nationals only. More than 1,000 villas will...
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Mideast buyers ‘seek value’ as London’s super-prime property market slows
Growing number of Arab investors at top end of market look beyond so-called ‘golden postcodes’. Middle Eastern property investors are looking for...
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Dubai’s Deyaar set to launch first phase of Midtown project
Afnan District set to be completed by September 2018, with 90% of the overall project scheduled be finished by the end of...
