DIB makes formal acquisition offer to Tamweel shareholders

[caption id="attachment_14354" align="aligncenter" width="590"] Dubai Islamic Bank has made a formal offer for Tamweel, the Islamic mortgage company.[/caption] RELATED ARTICLES: Huge GCC construction...

Construction

Emaar launches 230m high Sky View tower in Downtown Dubai

[caption id="attachment_14313" align="aligncenter" width="457"] Emaar's Address Residence Sky View is a 50 storey hotel, residence and serviced apartment twin-tower complex.[/caption] RELATED ARTICLES: Dubai...

Construction

New Jumeirah island project begins

[caption id="attachment_14246" align="aligncenter" width="449"] Meraas Development has appointed Van Oord for land reclamation work on Jumana Island.[/caption] RELATED ARTICLES: Dubai ruler approves $1.6bn...

Construction

Experts endorse mortgage cap proposal

The proposed mortgage cap from the UAE Central Bank has received a strong endorsement from leading real estate experts in Dubai, quelling...

Construction

Damac launches towers in Riyadh and Dubai with Fendi

Damac Properties announced on Sunday that it has partnered with Fendi, the internationally renowned Italian fashion house, on two projects in Dubai...

Construction

Aldar and Sorouh boards approve merger

[caption id="attachment_13899" align="aligncenter" width="451"] The boards of Aldar and Sorouh have agreed on a merger of the two firms.[/caption] RELATED ARTICLES: UAE’s Aldar,...

Construction

Bahrain’s Investcorp buys 1,900 US residential units

Bahrain-based alternative asset manager Investcorp has acquired five real estate assets in the US for around $100m, according to a report by...

Construction

Dubai property to grow at steadier pace in 2013

Amid predictions of a boom in 2013, Dubai based property developer Damac has offered has released a report about the property market...

Construction

Booming UAE real estate to drive landscape sector

The launch of the Outdoor Design Build & Supply Exhibition reflects a strong government commitment to developing the UAE's natural outdoor landscape....

Construction

Nakheel sells $15mn worth of villa plots in two hours

[caption id="attachment_13399" align="aligncenter" width="360"] Nakheel said that it sold $15mn worth of villa plots on Jumeirah Islands within two hours.[/caption] RELATED ARTICLES:...