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Meraas begins sales of Nikki Beach Residences
Project is the first freehold development in Jumeirah 1. Meraas has issued a statement announcing that it has begun sales of Nikki...
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Dubai developer signs $299m loan for Mirdif Hills project
Dubai Investments Real Estate in financing deal with First Abu Dhabi Bank and Abu Dhabi Commercial Bank. Dubai Investments Real Estate Company...
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Cityscape, Restatex join forces to launch KSA’s largest real estate exhibition
Robust real estate market in Riyadh has ushered in an agreement between two exhibition organisers. Informa Exhibitions, organiser of the Cityscape real...
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Big Project ME Awards nominations now open for 2017
Prestigious industry event returns at a new venue to honour individuals, organisations and projects. The Big Project Middle East Awards return on...
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City Centre Ajman expansion project nearly complete
Work on the project began in the second half of 2016. Dubai’s Majid Al Futtaim (MAF) has announced that work on the...
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Dubai’s Damac announces new golf course towers
Golf Vita residential blocks to be located in Damac Hills. Dubai-listed real estate developer Damac Properties has launched the Golf Vita residential...
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Dubai’s Nakheel sees 22% drop in Q2 profit
Developer confident of hitting forecasts for 2017. Nakheel, the Dubai-based developer, has announced a net profit of $718.7 million for the first...
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Dubai Municipality rolls out drone aerial survey service
Service relies on drones to source data and create detailed maps. The Dubai Municipality has announced a new drone aerial-survey service designed...
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Work completes on Dubai ‘floating bungalows’
Finnish firm Admares says the nine floating bungalows are being shipped to Marasi Business Bay development. Admares, the company specialising in floating...
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VAT ‘to professionalise construction sector’
Summertown Interiors MD Marcos Bish says new tax will help local contractors become more efficient . A leading figure in the contracting...