MAG PD awards $500m contract to China’s CNCEC for Phase 1 of MAG City

MAG Property Development (MAG PD), the property development arm of MAG Group Holding, has announced the appointment of China National Chemical Engineering...

Construction

Construction on Orascom’s $198m ‘O West’ project to begin in October

Orascom Development has announced that construction works on its flagship ‘O West’ project in Egypt will begin in October. The $198m development...

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

UAE real estate sector should embrace data analytics – expert says

The real estate development sector in the UAE has begun to use data analytics to plan projects so that they will give...

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

UAE’s Sheikh Zayed Housing Programme funds $136mn in housing assistance to Emiratis

The UAE’s Sheikh Zayed Housing Programme has approved 609 housing assistance applications for Emirati citizens around the country, valued at $136.1 million,...

Construction

Sharjah’s Arada partners with Dubai Islamic Bank for home loans

Sharjah-based real estate developer, Arada has announced that it is partnering with Dubai Islamic Bank (DIB) to streamline the home ownership process...

Consultant

Dubai Land Department signs strategic deal with Online Auction

The Dubai Land Department (DLD) has inked a deal with property auction firm Online Auction. The deal is expected to enrich the...

Construction

Emaar to build first 3D printed home in Arabian Ranches III

Emaar plans to build its first 3D printed home in Arabian Ranches III in Dubai. The firm says that it has awarded...

Consultant

Dubai’s The Sustainable City targets 90% drop in single-use plastics by 2020

The Sustainable City, the Dubai-based sustainable community, has announced its plans to reduce the consumption of single-use plastic within the community by...