Construction of the phase is expected to be completed in Q3, 2019
Projects under the joint venture include Abu Dhabi’s Saadiyat Grove and Dubai’s Emaar Beachfront
Up to 85 per cent of the components in Dubai’s real estate sector are not subject to the 5 per cent VAT
The tower will stand at approximately 570m tall on Sheikh Zayed Road
Local contractor Bright Accord General Contracting has won the nine-month reclamation package
The Abu Dhabi city municipality has recently launched an inspection campaign
The company is building its first project in Sports City and three at Meydan Avenue
The show village is part of Modon’s massive Riyadh City development
The construction contract is expected to be awarded by May 2018
The company said the contracts come in addition to its current project pipeline
Phases one and two of the Dhs12bn project were previously slated for completion in December 2018
The merger is expected to create a real estate business with SAR50bn ($13.3bn) of investments
All real estate professionals will need to obtain a licence from RERA by August 31
The contract has been awarded to China State Construction Engineering Corporation
Saffron will feature three and four bedroom townhouses
Dubai sees 150 property projects worth Dhs82bn ($22.2bn) registered in 2017
The new regulation comes following a surge in off-plan sales last year
The company said little relief was expected until Expo 2020
Al-Ayoub has more than two decades of experience in managing sovereign wealth funds
Aldar booked a one-time charge of Dhs495m in the fourth quarter
Dubai’s residential property market shows few signs of bouncing back quickly from a now three-year downturn
Damac said its booked sales stood at Dhs7.5bn as of December 31
‘Ejar’ will provide e-payments and commit real estate agents to a unified lease contract
The transaction must be supervised by the Mohammed bin Rashid Housing Establishment and meet set conditions
The kingdom plans to deliver one million housing units over the next five years
The company is currently working on the massive Deira Islands project
Apartment and villa rents declined 3 per cent from Q3 to Q4, says Chestertons MENA
Jacobs Engineering Group will manage infrastructure delivery including roads, water, power and drainage
Developer Kleindienst Group denied the claims
The tower is scheduled for completion in 2019