Nakheel announces $326.7mn net profits for H1 2013

Nakheel, the Dubai real estate developer, has announced a net profit of $326.7 million for the first half of 2013, a 57%...

Construction

DMCC to build world’s tallest commercial tower

[caption id="attachment_15479" align="aligncenter" width="560"] DMCC is the master developer for Jumeirah Lakes Towers, which contains the 360m high Almas tower.[/caption] RELATED ARTICLES:...

Construction

$1bn Taj Arabia to begin construction in June 2013

[caption id="attachment_15063" align="aligncenter" width="518"] The Taj Arabia aims to be completed by mid-2015, the developer behind the project said.[/caption] RELATED ARTICLES: Dubai to...

Construction

Office oversupply in Dubai prompts developers to change plans

[caption id="attachment_14985" align="aligncenter" width="449"] Oversupply of office buildings prompting developers to change plans for buildings under construction.[/caption] RELATED ARTICLES: Real Estate recovery anticipated...

Construction

Women invest $3.6bn in Dubai real estate

[caption id="attachment_14620" align="aligncenter" width="449"] Female investors have increased demand for real estate in Dubai.[/caption] RELATED ARTICLES: Real estate recovery anticipated for the UAE...

Construction

Real Estate recovery anticipated for the UAE in 2013

[caption id="attachment_14610" align="aligncenter" width="449"] Real estate reports indicate 'tentative optimism' in UAE market.[/caption] RELATED ARTICLES: UAE construction predicted to return to full capacity...

Construction

Emaar sells out The Address Residence Sky View

[caption id="attachment_14398" align="aligncenter" width="457"] Emaar says that its Sky View apartments have been sold out at an average price of $700 per...

Construction

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...