Shatha Saif Al Suwaidi announced as new MD of Nakheel’s infrastructure project construction unit

Nakheel has appointed Shatha Saif Al Suwaidi as the new MD of its infrastructure project construction unit. In line with her role,...

Construction

Expo 2020 Dubai’s India pavilion begins construction

The Bureau International des Expositions (BIE) has announced on twitter, that construction work for the Indian pavilion for Expo 2020 Dubai has...

Construction

$13.8bn worth of projects announced across GCC in July 2019

Projects worth $13.8 billion were announced across the GCC in July 2019, a 140% growth month-on-month, with the energy sector registering the...

Construction

Over half of construction leaders expect 6-10% growth over the next year

KPMG’s Global Construction Survey has revealed that the UAE construction sector remains optimistic with over 53 % industry leaders expecting a 6-10...

Construction

Dubai’s apartment prices at a two-year low as villa sales surge

According to a new report by Property Finder, apartment sales prices in Dubai for the first half of 2019 fell by 11.7...

Construction

Damac Properties reports H1 2019 revenues of $517.5mn

Damac Properties, the Dubai-based real estate developer, has reported a total revenue of $517.5 million for the first half of the year,...

Construction

Tebyan Real Estate says that more than 70% of units in Sparkle Towers sold

Tebyan Real Estate Development, the UAE-based developer, has said that it has sold more than 70% of luxury apartments – including studios,...

Construction

‘Build what they want and they will buy it,’ JLL’s Plumb tells Cityscape Abu Dhabi

Market maturity and developers responding to buyer demand are key to the evolution of the UAE capital’s real estate market, according to...

Construction

World first: Floating Seahorse Villas will let Dubai buyers own ocean plots

Dubai-based property developer, Kleindienst Group, has said that its Floating Seahorse Villas have been registered as villas by Dubai’s government authorities, which...