Kuwaiti government inks contracts worth $358mn for residential city project

The Kuwaiti government has awarded contracts worth $358 million for the development of the Al Mutlaa Residential City project, according to a...

Construction

Saudi buyers now constitute 35% of Azizi’s customers, second to UAE nationals

Azizi Developments, a UAE-based private developer, has said that it has recorded an 8% increase in sales to investors from Saudi Arabia...

Construction

Nakheel launches its ready-to-occupy Nad Al Sheba villas

Dubai-based developer Nakheel has announced the launch of its ready-to-occupy family villas at the Nad Al Sheba community in Dubai, UAE. Prices...

Construction

Arabtec Construction wins $112mn contract from Emaar Misr

Emaar Misr, the Egyptian arm of Dubai-based real estate group, Emaar Properties, has awarded a $112.2 million contract to UAE’s Arabtec Construction...

Construction

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,...