Dubai property prices drop, rents flat in Q1, says JLL

Dubai saw subdued real-estate activity in the first quarter of 2015, with new housing coming online amid cooling sentiment in the market, a report...

Infrastructure

Empower bags $50m contract for district cooling plant in Dubai

Empower, the UAE-based district-cooling services provider, has announced it has been awarded a $50.63 million contract to develop its third facility in Dubai’s...

Construction

Saudi Binladin bags Nshama Town Square contract in Dubai

Saudi Arabia’s Binladin Contracting Group has won an early works contract for the upcoming 750-acre (approx. 3 million sqm) Town Square project...

Property

Damac opens two hotels near Burj Khalifa in Dubai

The Dubai-listed developer Damac says it has opened two hotel-apartment projects close to the Burj Khalifa, the world's tallest building. The firm says the opening...

Construction

Dubai contractor ASGC wins $133m Union Museum contract

Al Shafar General Contracting Co, the Dubai-based construction contractor, has announced that it has been awarded a $132.85 million contract from the...

Property

Dubai Torch fire: 81 of 676 apartments still uninhabitable

Oman Insurance Company, the insurer of the Torch Tower in Dubai, has said that 81 out of the 676 apartment units in...

Construction

Dubai using ‘smart’ devices to inspect worker housing

The Ministry of Labour is using 'smart' devices to inspect workers’ accommodation in Dubai to gather more accurate information about living conditions,...