ValuStrat: UAE real estate market ‘shaken’ by the Coronavirus pandemic

Home sales transactions fell by almost 50% between the first two quarters of the year as the effects of the Coronovirus pandemic...

Construction

SHUAA Capital’s UK-based subsidiary reports strong interest in London property despite COVID-19 pandemic

Northacre, the UK-based luxury property developer and wholly owned subsidiary of SHUAA Capital, has reported seeing marked growth in interest from buyers,...

Construction

Gulf Contractors Company wins $23mn Jubail Island interchange contract

Gulf Contractors Company (GCC) will build a new highway interchange on Sheikh Khalifa Highway (E-12) on Jubail Island after it was awarded...

Construction

Modon Properties completes awarding of $1.58bn worth of all infrastructure contracts for Riyadh City South

Modon Properties, the UAE-based property developer and subsidiary of ADQ, has awarded infrastructure development contracts for phases three and four of Riyadh...

Construction

Bloom Properties says 68% of construction work complete on Bloom Heights project

Bloom Properties has announced that construction work on its mixed-use Bloom Heights project is progressing at full speed, despite the challenges brought...

Construction

Major residential projects under Sheikh Zayed Housing Programme progressing on schedule

UAE authorities have said that major projects under the Sheikh Zayed Housing Programme – including the Al Khawaneej and Al Seyouh 16...

Construction

Samana Developers says Samana Greens project on track for October 2020 delivery

Samana Developers has announced that construction work at Samana Greens stands at 93% complete, while over 50% of work has been completed...

Construction

Arada begins handover of Phase Three homes at Nasma Residences

Arada has started handing over homes in the third phase of the five million square feet Nasma Residences community residential project in...

Construction

Dubai-based Union Properties announces new chairman and board members

Union Properties, a Dubai-based property developer, has announced that Khalifa Hasan Ali Saleh Al Hammadi has been elected as its new chairman...

Consultant

DIRC: Work on Al Multaqa Avenue on track

Dubai Investments Real Estate Company (DIRC), a unit of Dubai Investments, announced that the construction of the commercial spaces within Al Multaqa...