Abu Dhabi’s Aldar eyes 7,300 new units by 2020

Property developer announces 77% year-on-year rise in net profit. Aldar sees potential to build 7,300 units across existing sites by 2020, the...

Danube starts construction of Dubai projects worth $220m

First two projects by materials firm's property arm are expected to be completed in September 2016 and July 2017. Danube Properties has...

Dubai’s Jumeirah to operate hotel on Saadiyat Island

Hotel operator inks agreement to operate Jumeirah Saadiyat Island Resort. The Dubai-based Jumeirah Group has signed an agreement to operate a resort...

Abu Dhabi developer Tasweek launches $55m project in Morocco

Development is set to comprise healthcare, residential, retail and tourism facilities. The Abu Dhabi-based developer Tasweek Real Estate Development and Marketing has...

Dubai developer launches $218,000 apartments to market

Launch of one-bedroom units in Sports City comes as analyst tips prices in ‘affordable’ area to rise. Dubai-based real estate firm GGICO...

Damac shares dive 10% on dividend news

Dubai developer proposes a stock dividend, disappointing investors. Shares in Damac plunged by almost 10% on Monday morning, as the Dubai developer...

AZIZI plans more Dubai property projects this year

Developer says it has already invested $1.23bn in real estate projects in the emirate. AZIZI Developments, which has invested roughly $1.23 billion...