Abu Dhabi residential rents down 1% in Q3: CBRE

Older properties in secondary locations see bigger rental drops in the third quarter. Abu Dhabi residential rents saw a 1% decline in...

National BIM standards needed in UAE, contractor says

Adoption of building information modelling is still low in the region, Brookfield Multiplex exec says. The UAE needs a national building information...

Jumeirah Golf Estates awards contract for Alandalus project in Dubai

Al Habtoor STFA Soil Group bags piling contract for the upcoming development. Dubai developer Jumeirah Golf Estates has awarded the piling contract...

Move over, Burj Khalifa: 30km tall buildings on their way… in 2045

Mega-tall buildings complete with spaceports will form ‘cities in the sky’ in 30 years’ time, futurologist predicts. By 2045 planet Earth will...

Dubai’s Nakheel awards $96m Circle Mall deal to Drake & Scull unit

Subsidiary Gulf Technical Construction Company is appointed to build Jumeirah Village retail complex. Developer Nakheel has awarded a $96m contract to build...

Dubai’s real estate supply fallacy

Damac MD says analysts’ claims that Dubai is being flooded with housing amounts to ‘professional malpractice’. As with all real estate markets...

Dubai’s Majid Al Futtaim achieves ‘Green Star’ sustainability rating

Retail giant clinches highest possible rating in Global Real Estate Sustainability Benchmark. Majid Al Futtaim, the Dubai-headquartered retail and leisure developer, says...