Ellington Properties says 14 Dubai projects in pipeline

‘Boutique’ developer to add over 2,200 residential units to market. Ellington Properties, which is co-run by former Emaar executive Robert Booth, says...

Dubai’s Emaar Malls to pay $354m dividend

Change in name also approved at retail giant’s first AGM. Emaar Malls has announced that a proposal by the board to distribute...

Dubai property prices down by 10% in Q1 – JLL

Rents also 5% lower in the first three months of 2016. Dubai residential property prices fell by 10% year-on-year in the first quarter...

Danube renames Ritz Tower after trademark clash

Dubai developer said no legal proceedings took place. Dubai-based Danube Properties has renamed its Ritz Tower project after realising that the name...

Sheraton Deira hotel in Dubai rebranded as Grand Excelsior

Becomes fourth property under Dubai-based firm’s hospitality brand. Bin Haider Hospitality, a subsidiary of the Dubai-based Mohammad Omar Bin Haider Holding Group...

Dubai property market starting to recover – ValuStrat

Values indicate first improvement in almost two years. The Dubai property market is showing the first signs of recovery in almost two years,...

Cityscape Abu Dhabi: Property prices down in Q1

Sales prices down slightly but rental returns ‘attractive’ – Chestertons. Property prices in Abu Dhabi edged down in a “lacklustre” first quarter,...

Gulf Muscat United launches iTower in Oman

Office prices start at $102,597. Property development and investment firm Gulf Muscat United has launched sales of office space within its iTower development in...

Egyptian developer Al-Ahly ‘to enter Saudi market this year’

Company aims to expand overseas business. Egyptian property developer Al-Ahly for Real Estate Development is studying the possibility of launching several housing...