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Nakheel to award contract for Dragon Towers this year

The developer is assessing five proposals for the construction of the residential towers

Damac Properties’ profits fall for second consecutive quarter

The developer made Dhs704.8m in total comprehensive income for the April – June period

Dubai developer calls for more property regulations

Farhad Azizi, CEO of Azizi Developments, says the emirate’s property market has matured

UAE developer Eshraq awards Dhs144m contract for Abu Dhabi project

Construction of the Marina Rise project is expected to be completed by the end of 2019

Abu Dhabi initiative to provide Dhs700 accommodation for lower earners

Two new unit categories will target those earning between Dhs2,000 and Dhs6,000 a month

UAE’s Aldar Properties Q2 net profit falls 5.6%

Aldar made a net profit of Dhs620m in the three months to June 30

Five minutes with…Tom Rhodes, exhibition director at Cityscape Global

The annual property exhibition in Dubai will hold its 16th edition in September

Dubai sees 16.8% increase in real estate transaction values in H1 2017

The increase follows a 12.8 per cent decline in transaction values seen in the first half of last year

Dubai’s Meraas launches Nikki Beach Residences for sale

The project includes 63 upscale units

Dubai’s Nakheel reports 10.5% drop in first half net profit

Nakheel handed over almost 870 land form and built form units to customers between January 1 and June 30

Dubai’s new Dhs5bn business district to be developed by Tecom

Fareed Abdulrahman Al Janahi, acting COO of Tecom, has been appointed as the CEO of the new development

Areas in Dubai that saw the biggest drop in rents in Q2

Dubailand was the only area where apartment rentals rose in Q2

Dubai mortgage firm Amlak developing villa project in Mirdiff

The Dhs135m villa project marks the first time Amlak is developing a fully-owned property

GCC real estate eyes return to form

Real estate experts are hoping for a return to form in key Gulf markets this year after a difficult 2016

Abu Dhabi rents, sales prices drop as demand lags supply

Residential apartment and villa sales prices were down by 8 per cent and 4 per cent respectively year-on-year

ADNEC forms venture to build 1,000 apartments at ExCel London – report

ADNEC bought ExCel in 2008 for $415m

Abu Dhabi developer Aldar says on track to handover Ansam project this year

The project, located in Yas Island, features four Andalusian-style apartment buildings

Off-plan property sales in Dubai drop in Q2

Sales were seemingly impacted negatively by the onset of summer, finds new report

Dubai property prices, rents continue to decline in Q2

Asteco said tenants remained in a strong negotiating position with a market recovery still some way off

Dubai’s DEWA awards Dhs46m contract for first phase of new HQ

The contract has been awarded to Dutco Balfour Beatty

Exclusive: Danube boss and UAE billionaire Rizwan Sajan on where next

Construction and real estate billionaire Rizwan Sajan details his journey to the top and where he plans to take Danube Group next

Dubai developer Azizi begins work on Dhs12bn Riviera project in MBR City

Azizi Riviera comprises of 69 mid-rise residential buildings, a retail district and two hotels

New rules issued for real estate brokers in Ajman

The new regulations are hoped to meet rapid urban development witnessed in the emirate

In pics: Dubai’s ruler launches new Dhs5bn business district

The project – called Emirates Towers Business Park – will offer office space and three hotels

Job cuts lead to drop in residential rents in Abu Dhabi

Apartment rents have declined by around 10 per cent over the past 12 months, says JLL report

Dubai developer Azizi launches two new projects in Al Furjan

The two projects – both seven-storeys – will feature a several studio apartments

Dubai property prices down 20% on end-2015

PropertyFinder said the pace of rental and sales price declines was slowing despite the 18-month slide in values

Dubai’s Damac chosen to develop Oman’s $1bn waterfront project

The Mina Sultan Qaboos Waterfront will include hotels, residential housing, dining, retail and leisure outlets

Dubai’s Emaar Properties appoints new group CEO

Amit Jain, the company’s group chief operating officer, has been named CEO

Emaar to list UAE real estate development business in Dubai

The developer will list 30 per cent of its UAE real Estate Development business