Property
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Saudi buyers now constitute 35% of Azizi’s customers, second to UAE nationals
Azizi Developments records 8% increase in sales in UAE to Saudi investors over last year. Azizi Developments, a UAE-based private developer, has...
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Nakheel launches its ready-to-occupy Nad Al Sheba villas
Four and five bedroom Mediterranean- and Moroccan-style villas are available starting at $871,184 for sale to UAE and other GCC nationals. Dubai-based...
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MAG PD awards $500m contract to China’s CNCEC for Phase 1 of MAG City
Chief executives of both companies also signed a letter of intent to construct the remaining phases of the project for $375.6m. MAG...
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Construction on Orascom’s $198m ‘O West’ project to begin in October
Project is Orascom Development’s latest addition to its integrated towns portfolio . Orascom Development has announced that construction works on its flagship...
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Bloom begins handover of Park View residential units
Project is located close to several leisure and hospitality offerings on Saadiyat and Yas Islands. Bloom Properties has begun handover of residential...
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Dubai’s apartment prices at a two-year low as villa sales surge
Apartment transactions are down by 5% but villa sales are up by 3%, according to Property Finder. According to a new report...
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UAE real estate sector should embrace data analytics – expert says
Director of IT for Bloom Holding explains how builders are using technology to deliver successful projects. The real estate development sector in...
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Damac Properties reports H1 2019 revenues of $517.5mn
Developer delivered 1,476 units in the first half of the year. Damac Properties, the Dubai-based real estate developer, has reported a total...
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IBC Group targets purchase of 10,000 holiday homes in Dubai
UAE-based private equity investment firm IBC Group has targeted taking a lead in the short-term accommodation market in Dubai ahead of next...
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Sharjah’s Arada partners with Dubai Islamic Bank for home loans
4,000 units at Aljada and Nasma Residences sold as Arada chairman says 2019 has seen ‘two best sales months’. Sharjah-based real estate...