Union Properties announces profit of $6.7m in Q2 2018

Union Properties, the Dubai-based developer, has announced a profit of $6.7 million attributable to shareholders for the second quarter of the year,...

Analysis

Analysis: Dubai rents in decline in Q2 2018

There continues to be a decline in villa and apartment rental rates and sales prices in Dubai, according to a new report...

Construction

Al Subhiah T&C to start work on $18m Phase Three of Al Muzn in Oman

Majan Development Company, the Oman-based real estate developer, has announced that work has started on Phase Three of its mixed-use project, Al...

Construction

Aurora delivers $45.7m Hyati Residence to Dubai market

Aurora Real Estate Development, a UAE-based boutique real estate development company, has announced the completion and delivery of its milestone project, Hyati...

Construction

SRECO unveils $2.67bn Al Widyan project in Riyadh; construction to start Q4

Tadawul-listed property developer SRECO (Al Akaria Saudi Real Estate Company) is to build a 7 million sqm mixed-used development in Riyadh. Publishing...

Consultant

Dubai Land Department seizes Schon Properties’ assets and escrow funds

The Dubai Land Department (DLD) has confiscated properties and land registered to developer Schon Properties. The DLD has also seized funds in...

Construction

Binghatti East on track for September delivery

Binghatti Developers says its $16 million Binghatti East project, currently under construction in the Silicon Oasis area of Dubai, is on track...

Construction

Deyaar poised to handover Atria project in Business Bay

Deyaar Development has issued a statement announcing the completion and imminent handover of its Atria project. Located in Business Bay, Dubai, the...

Consultant

DLD and Cityscape to work together to promote Dubai’s real estate sector

Approved Content Dubai Land Department (DLD) has announced a Memorandum of Understanding (MoU) with Informa Middle East, organiser of the region’s foremost...