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Meraas unveils The Outlet Village mall in Dubai
Discounted shopping destination set to open in third quarter. The Dubai-based real estate developer Meraas has announced details of its latest retail...
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Danube launches ‘affordable’ Glamz Residence in Dubai
The $82 million development will offer 418 studio, one-bedroom and two-bedroom apartments. UAE-based developer Danube Properties has launched its sixth “affordable” housing...
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Qatar investigating worker death at World Cup site
Al Bayt Stadium steel worker dies after cardiac arrest – officials. Authorities in Qatar have launched an investigation into the death of...
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Emaar net profit jumps 17% in first quarter
Cash dividend of 15% of the share capital was distributed to shareholders. Dubai-based developer Emaar Properties has announced a 17% rise in...
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Dubai rental yields ‘near 10% in cheaper areas’
Affordable housing ‘continues to dominate demand’ – Chestertons. Rental yields in cheaper areas of Dubai stand at almost 10%, as affordable housing “continues...
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Saudi Binladin Group ‘cuts 50,000 jobs’
Move comes after government slashes spending, unpaid salary claims. Construction giant Saudi Binladin Group has reportedly laid off 50,000 foreign workers, amid...
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Big Project ME – May 2016
Big Project ME, your one-stop guide to construction developments in the region, The Big Project..
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Quarter of Dubai buildings ‘to be 3D-printed by 2030’
Sheikh Mohammed bin Rashid launches ‘Dubai 3D Printing Strategy’ . A quarter of buildings in Dubai will have 3D-printed elements by 2030,...
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Riyadh property prices stabilise in Q1 – JLL
Sales prices have bottomed out following introduction of mortgage rules. Property prices in Riyadh have stabilised for the first time since Saudi Arabia...
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Dubai property prices to fall further – Cluttons
Residential values already down 2.2% during first quarter. Property prices in Dubai are set to decline further in 2016, after a 2.2%...