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Pictures: Kleindienst unveils first Sweden Beach Palace on Dubai’s World islands

The projects forms part of the Dhs4.8bn ($1.3bn) Heart of Europe

UAE developer Aurora completes Dhs168m Hyati Residence in Dubai’s JVC

The project includes 122 apartments and 20 townhouses

Dubai’s Emaar says Creek Marina, with ‘gravity-defying fountain’, will open this year

The marina, offering over 81 berths for yachts and superyachts, is located in the Dubai Creek Harbour development

Dubai’s Danube Properties says 350 units in Lawnz project sold out in four hours

The Dhs550m project in International City is slated for completion in 2020

Aldar Properties Q2 profit drops 28%, misses estimates

Revenue during the quarter rose to Dhs1.51bn from Dhs1.35bn

Dubai Land Department seizes land, real estate of Schon Properties

DLD said the company had exploited investors

Saudi’s largest developer Dar Al Arkan appoints new CEO

Kelvin Kwok will replace Ziad El Chaar, who resigned from his post due to personal reasons

Average two-bed unit rent in Sharjah’s Al Nahda falls by Dhs9,000 in H1

Residential rents decline in Sharjah and Ajman in the first half of the year, finds dubizzle report

Saudi to cut out cheques through online rental payments

Tenants will be able to make payments monthly, quarterly or yearly through the new system

The GCC’s real estate resurgence

With diversification plans taking shape, 10–year visas on the horizon and oil prices holding firm, investor sentiment has increased again in the GCC’s property market

Dubai residential property rents, sales prices to continue decline in Q3 – Asteco

The firm said rental rates were down 16 per cent year-on-year in some areas

Dubai’s Emaar Properties to double investments in Egypt – Alabbar

The developer plans to invest 100bn Egyptian pounds ($5.6bn) over the next five years

Dubai property agents see 30% drop in commissions in H1

Agents have been contending with tough market conditions, with rental rates and sales prices continuing to decline

Dubai’s Emaar to sell $1.4bn of assets – report

Dubai’s property market is in the middle of a slump linked to new supply and lower economic sentiment

Dubai’s Nakheel says Dragon Towers project to break ground in Q3

The developer had previously planned to award the construction contract by the end of 2017

Abu Dhabi sees largest rental declines for 12 months in some areas

The emirate’s real estate market has suffered over the last two years due in part to redundancies and falling accommodation allowances

Ex-CEO of UAE’s Drake and Scull denies wrongdoing, warns of legal action

Reports earlier this week claimed Khaldoun Al Tabari and his daughter owned the company up to Dhs1bn

Dubai’s Creekside 18 project on track for 2019 completion

The residential project is located at the mega Dubai Creek Harbour development

Cinemas, opera house to boost opportunities for developers in Jeddah

Saudi Arabia lifted a 35-year ban on cinemas late last year

Dubai property transactions drop in the first half of 2018

A total of 27,642 transactions worth Dhs111bn were recorded in H1 2018

Revealed: Where Dubai property rents, prices decreased the most in H1 2018

Rents and sales prices continued to decline in the first half of the year

Dubai developer Azizi awards Dhs572m contract for Riviera project

The contract is to construct 11 buildings as part of phase four of the project

Majid Al Futtaim, Omran to develop mega community as part of Oman’s largest project

The mixed-use project will be developed within Madinat Al Irfan in Muscat

Abu Dhabi expat rent tax increase lower for some properties

Plans to increase the tax were approved by Abu Dhabi Executive Council in May

Dubai’s Danube launches project with over 1,000 units at International City

The Dhs550m project, Lawnz, is Danube Properties’ first project at International City

Rotana to manage Dubai’s tallest twisted building, Cayan Tower

The property will be operated under the ‘The Residences by Rotana’ brand

Dubai’s Nakheel says Dragon City expansion ready for Q4 opening

Nakheel said the expansion would increase the size of Dragon City to 11 million square feet

Dubai’s Emaar begins construction of Beach Vista residences

The project sold out earlier this year, with the 375 units recording sales worth Dhs1bn

Abu Dhabi wealth fund ranked as world’s top real estate investor

ADIA, one of the richest sovereign wealth funds in the world, manages $62.1bn in real estate assets

Abu Dhabi’s Aldar to handover 300 villas in West Yas this month

The villas were initially expected to be handed over to buyers at the end of 2017