Dubai to build $1.6 billion entertainment and leisure island
Dubai is set to build a AD6 billion ($1.63 billion) retail, entertainment and residential project off the coast of the...
Real Estate
Damac invests $548 million in Dubai and Saudi Arabia
Damac Properties launched two self-funded mega-projects in Dubai and Saudi worth over Dh2 billion ($548 million) in Fendi-branded luxury apartments....
A square meter of land in Makkah now costs $533,000
Investors may have to pay a whopping SR 2 million ($533,000) for a square meter of land in the central...
52% of Saudis in Riyadh rent houses
The Population Statistic Center at King Saud University (KAU) in Riyadh recently published a study that shows that 52% of...
Dubai property prices surge 30% on sound fundamentals
Property prices in Dubai’s prime locations jumped by up to 30 per cent last year on the Emirate’s sound economic...
Dubai property transactions cross $42 billion in 2012
Total value of real estate transactions in Dubai rose by 8 per cent to touch Dh154 billion ($42 billion) in...
Emaar launches the 'Fountain Views' Address tower in Dubai
Emaar Properties announced another project in Downtown area and said sale of The Address Residence Fountain Views will be started...
Dewan to design Nakheel City in Iraq’s second city of Basra
The province of Basra has awarded Dewan Architects and Engineers the contract to design the sprawling Al Nakheel City, for...
Sama Beirut and Waterfront City megaprojects in Lebanon still on track
Two major luxury real estate developers said that their Lebanon projects were still on track in spite of economic challenges...
Dubai’s new real estate projects valued at $110 billion
Dubai added real estate projects valued at over $110 billion in November alone, taking the total preliminary/early stage projects in...
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