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:...

Construction

Markaz signs deal with KIA

Kuwait Financial Centre (Markaz) has signed a contract with the Kuwait Investment Authority to manage part of its National Real Estate Portfolio,...

Construction

Ezdan posts $71.68m net profit for first nine months of 2012

[caption id="attachment_12437" align="aligncenter" width="449"] Qatar's Ezdan has seen a surge in net profit for the first nine months of 2012.[/caption] RELATED ARTICLES:...

Construction

Nakheel sees profits double to $299m

Nakheel announced that its net profits had increased by 97% compared to 2011.RELATED ARTICLES: Exclusive: My advice to Nakheel | Nakheel appoints Manchanda...