Rotana to open nine hotels in UAE by 2020

Abu Dhabi-based chain set to boost number of UAE properties to 44. The Abu Dhabi-based hospitality chain Rotana is set to open...

Dubai property prices fell in 2015: Asteco

Villa and apartment sale prices down 11% and 8% respectively. Sale prices of Dubai villas and apartments fell by 11% and 8%...

Dubai’s Nakheel says 2015 profit rose 19%

Company handed over 847 units during the financial year. The Dubai-based developer Nakheel has announced a 19% increase in its net profit...

Half of Dubai 2015 property projects delayed: ValuStrat

Prices stopped falling in Q4 and may plateau in 2016. Half of the Dubai residential property projects due to complete in 2015...

Dubai’s Danube Properties sells 85% of Ritz units

Studios with modular furniture priced from $117,000. The Dubai-based developer Danube Properties has announced it has sold 85% of its latest Dh300...

Dubai a ‘buyer’s market’ for land deals, says Select Group CEO

Real estate slowdown means it’s a great time to invest, says developer. The slowing Dubai real estate market provides opportunities for canny...

UAE’s Al Habtoor buys Hilton hotel in Wembley, London

Acquisition part of plan to ramp up international footprint. The UAE’s Al Habtoor Group has announced the purchase of the Hilton London...

Dubai’s Nakheel delivers 251-room hotel at Dragon Mart

The Ibis Styles hotel is owned by Nakheel and managed by AccorHotels. Dubai developer Nakheel has delivered a 251-room hotel at Dragon...

Aqua Properties invests $25m in Skycourt Tower, Dubai

Firm intends to put apartments up for re-sale to clients. Aqua Properties has announced a $24.77 million bulk purchase of apartments in...

Shurooq, Emaar and Eagle Hills establish Sharjah real estate firm

Omran Properties to cover commercial, industrial and real estate. The Sharjah Investment and Development Authority (Shurooq) has signed with Dubai’s Emaar Properties...

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