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Dubai apartment prices down 11%, set to fall further – JLL
Tighter regulations, higher inflation and a stronger dollar expected to push prices down further. Dubai apartment prices fell by 11% in the...
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Tennis complex work marks start of Kuwait’s 360 Mall expansion
Shopping centre to have ‘state-of-the-art’ tennis complex, marking first phase of expansion. Work has commenced on the expansion of the 360 Mall...
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Belgrade Waterfront construction begins, says UAE’s Eagle Hills
The $3 billion project in Serbia is set to cover a 1 million square metre site. Construction of the first residential buildings...
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Delayed Mall of Qatar signs deal with Alshaya for 32 stores
Agreement involves brands including Debenhams, Shake Shack and Victoria’s Secret; mall due to open late 2016. More than 30 global brands are...
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Louvre Abu Dhabi: Construction delay ‘pushes opening to 2016’
Reason for delay in building work was not given. The need for further construction work on the $650 million Louvre Abu Dhabi...
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Dubai’s Nakheel awards $223m Palm Tower contract to two Abu Dhabi builders
First 18 storeys of tower to be built on Palm Jumeirah island will house a five-star hotel . Dubai’s Nakheel Properties has...
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Dubai’s RTA awards $68m contract for theme park roads, bridges
Roads and Transport Authority awards contract in cooperation with Dubai Parks and Resorts parent company Meraas Holding. The Roads and Transport Authority (RTA)...
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SKAI looks to export patented Dubai building concept
Developer says design of Viceroy Dubai Jumeirah Village property could be replicated in cities like Shanghai, Singapore or New York. The Dubai-based...
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Dubai Holding expects annual profits to hit $1.5bn
Group that manages Dubai Properties and Jumeirah hotels reports 24% higher profit for first half of 2015. Dubai Holding, which manages various...
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Abu Dhabi’s TDIC said to hire former ADIA official as CEO
Master developer behind Louvre and Guggenheim museums reportedly hires Sufian Hasan al-Marzooqi as chief exec. The master-developer behind some of Abu Dhabi’s...