Kuwait real estate transactions for April 2019 increase to $1.26bn

Country’s real estate sales stood at $2.59bn for Q1 2019, registering a Q-on-Q decline. Kuwait’s property market witnessed solid growth in in...

Aldar Properties launches Alreeman II residential community

Project was launched following the success of Alreeman, which was launched in January 2019 and saw $435mn in sales. Developer Aldar Properties...

Bahrain’s Investcorp acquires 11 US properties for $370mn

Deal is the company’s largest US real estate portfolio acquisition in the last decade. Investcorp, a Bahrain-based global provider and manager of...

DLD: Dubai real estate transactions reached more than $9.25bn in first five months of 2019

Emirate sees 33% increase in deals compared to same period in 2018. The total value of real estate transactions in Dubai reached...

Arada hands over first homes at Nasma Residences development

Project was the developer’s first and was launched in March 2017 . Arada has begun handing over homes at its Nasma Residences...

Bahrain RERA announces property seller/broker contract

Standard seller/broker contract template to improve trust and confidence in the sector. The Bahrain Real Estate Regulatory Authority (RERA) has announced the...

Dubai Ruler allocates land for two new Emirati residential communities

Provision of adequate housing a top priority for government, Sheikh Mohammed says. HH Sheikh Mohammed bin Rashid Al Maktoum, VP, Prime Minister...

Arada secures two syndicated loans worth $272m with Mashreq Bank

Islamic facilities will contribute towards funding for developer’s two lifestyle projects in Sharjah. Arada, the UAE-based real estate developer, has announced that...

Arabtec Construction wins $56mn Villanova contract

Follows Dubai Properties awarding firm $60mn contract for 352 villas at Villanova project. Arabtec Holding has announced that its wholly-owned subsidiary Arabtec...

wasl says The Nook has received a strong response from local investors

Developer’s investment strategy targeted Emirati youth and small Arab families. Dubai-based wasl properties (wasl), a subsidiary of wasl Asset Management Group, has...

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