Paramount in deal for branded tower at The Pearl, Qatar

Developer Al Asmakh plans for residential project to be ready by fourth quarter of 2018. Al Asmakh Real Estate Development and the...

Dubai real estate transactions rise 45% in first quarter

Land department reports figures of $21bn for first quarter of the year and issues rights guide for investors. Real estate transactions in...

RAK property sector ‘grew by 45% in five years’

The emirate’s real estate sector was valued at AED 5 billion ($1.4bn) in 2015. The real estate sector in Ras al-Khaimah has...

Sobha: 70% of phase 1 and 2 of Hartland project in Dubai sold

Construction of Buildings 1 and 4 at Hartland Greens Phase 1 in Dubai expected to be completed within nine months. Sobha Group,...

Kuwait’s Alargan reports revenues of $88.4m for 2016

Real estate firm says increase in operational earnings was driven by strong residential unit sales and other factors. Alargan, the Kuwaiti real...

Chestertons MENA appoints new Qatar country manager

Nick Witty to use nearly 30 years of real estate experience to capitalise on opportunities in Doha’s real estate market. International property...

Gemini targets Pakistani investors with Dubai project

Dubai-based developer to tap into growing outward investment from Pakistan with Gemini Splendor in Sobha Hartland community. Gemini Property Developers is targeting...

RAK Properties reports 6% rise in profits

Northern Emirates-based developer announces 5% cash dividend to shareholders on net gains of $47.6m for 2016 . Ras Al Khaimah-based property developer...

Dubai’s DLD urges property buyers to use registered brokers

Dubai Land Department says 5,933 active brokers and 2,285 registered offices work in Dubai. The Dubai Land Department (DLD) has stressed the...

Ex-CEO of Deyaar gets 25-year jail term, must pay $25m in fines

52-year-old American-Lebanese loses two appeals in graft cases of abusing office and misappropriating funds. The ex-chief executive officer of Deyaar, a Dubai-based...