Aldar buys Daman building in Abu Dhabi as part of $816m investment drive

Developer puts focus on revenue-producing assets. Aldar Properties has announced the purchase of Daman House, a commercial office building in Abu Dhabi,...

Dubai Parks and Resorts exceeds Riverland leasing target

Agreements for over half of the 220,000 square feet of retail space. Dubai Parks and Resorts says it has leased out about...

Dubai’s Emaar to launch Harbour Views project

Sales events will be held in Dubai, Karachi, New Delhi and Mumbai. Dubai developer Emaar Properties is set to launch the Harbour...

Damac launches five more towers at Akoya Oxygen

Units at Navitas Hotel & Residences to start at $120k. Real estate developer Damac Properties has announced an $850 million five-tower complex...

Lack of liquidity ‘biggest threat to Dubai real estate’ in 2016

Recovery of market could be delayed further, says Phidar Advisory. A lack of liquidity for investors will be the biggest threat to...

Dubai real estate transactions hit $72bn in 2015

There were 63,719 deals last year, an 8% increase on 2014. The total value of real estate transactions conducted in Dubai last year...

Wasl Properties launches project in Karama, Dubai

Wasl Duet is part of aim to regenerate established districts. The UAE-based developer Wasl Properties has announced the launch of the first...

Dubai’s Al Habtoor reveals plans for Egypt megaproject

Developer has submitted proposal for ambitious project in Cairo. The Dubai-based businessman Khalaf Al Habtoor has revealed plans for a megaproject in...

Eagle Hills and Bahrain partner launch Marassi Residences

New project will offer 250 one-, two- and three-bedroom apartments. The UAE-based developer Eagle Hills, in partnership with Bahrain’s Diyar Al Muharraq,...