Dubai to topple New York as global capital of branded residences, report says

Middle East hub has more than four times the number of projects in pipeline as the Big Apple. The global branded residences...

Atlas Capital joins project to convert Expo 2020 Dubai site into Blockchain hub

Siemens and Accenture have already confirmed their collaboration to be part of District 2020 - a future-proof integrated community. Shanghai-based investment firm...

Tebyan begins handover of Sparkle Towers to residents

Towers comprise 373 studio, one-, two and three-bedroom apartments as well as two penthouses. Tebyan has announced the completion of its Sparkle...

Dubai residential properties display 11.2% annual fall in capital values

ValuStrat report finds downward trend resulted in 31.1% citywide capital value loss since peaks of mid-2014. Residential properties across Dubai displayed an...

Arada launches ‘The Boulevard’ residential community at Aljada

Aljada megaproject is proceeding at pace with first homes scheduled for handover in Q1 2020, developer says. Developer Arada has launched ‘The...

Meraas partners with Brookfield Asset Management for management of retail asset

Transaction is a significant regional investment for Brookfield and marks firm’s debut investment in retail sector. Meraas has signed a deal with...

Modon awards $417mn contract for Riyadh City South phase one in Abu Dhabi

Three contractors appointed to develop roads, electricity networks and other essential infrastructure systems. Modon Properties (Modon), a development company mandated by the...

Seagull Point launched at Meydan Group’s D1 Residences

Tower will feature 14 floors and contemporary waterfront . A new 14-storey waterfront property has been officially launched by Meydan at Mohammed...

Dubai’s real estate sector sees 13.6% growth in 2018

Report says construction sector’s contribution to the GDP reached 6.4% in 2018, compared to 6.2% in both 2016 and 2017. According to...

Emaar Properties signs final terms relating to issuance of $500m trust certificate

Issuance is part of developer’s $2bn Trust Certificate Issuance Programme. Emaar Properties, the Dubai-based developer, has announced that it has signed final...

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