Eagle Hills CEO: UAE real estate becoming more affordable

The UAE’s real estate sector is undergoing a transformation as it adapts to the demands and preferences of investors and buyers, the...

Construction

DLD: Dubai real estate transactions reached more than $9.25bn in first five months of 2019

The total value of real estate transactions in Dubai reached more than $9.25 billion during the first five months of 2019, marking...

Construction

South Korean firm Ssangyong E&C bags $168mn Wasl tower contract

Ssangyong Engineering and Construction (Ssangyong E&C) announced, that it had won a contract worth $168 million from UAE-based wasl Asset Management Group...

Construction

Distribution of $925.5mn in housing loans approved by Abu Dhabi leadership

HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and...

Construction

Arada hands over first homes at Nasma Residences development

Arada has begun handing over homes at its Nasma Residences development. The Sharjah-based developer says it began the handover process of phase...

Consultant

Bahrain RERA announces property seller/broker contract

The Bahrain Real Estate Regulatory Authority (RERA) has announced the launch of a property seller/broker contract. The move is designed to improve...

Construction

Katerra wins contract to build homes for disadvantaged families across Saudi Arabia

Offsite construction start-up Katerra has been awarded a contract by the Saudi Ministry of Housing to build 4,101 residential units across the...

Construction

Dubai Ruler allocates land for two new Emirati residential communities

HH Sheikh Mohammed bin Rashid Al Maktoum, VP, Prime Minister and Ruler of Dubai, has allocated land for two new residential communities...

Construction

Arada secures two syndicated loans worth $272m with Mashreq Bank

Arada, the UAE-based real estate developer, has announced that it has secured two syndicated loans worth a total of $272.2 million with...

Construction

GCC wins Jubail Island contract; enabling works underway

Gulf Contractors Company (GCC) has begun enabling works for the recently launched $1.36 billion Jubail Island in Abu Dhabi. Developer Jubail Island Investment...