This is the company’s first acquisition since its $20m fund raise
The project is anticipated to reach completion by the end of 2018
The developer is behind the Sustainable City project in Dubailand
Construction of the development’s first phase is 70 per cent complete
The developer said it has awarded contracts for its Akoya Oxygen and Akoya by Damac projects
London’s residential property market is now cheaper for investors from the Middle East
A 2.5 per cent tax on unused land was approved earlier this month
The bourse statement followed comments from the company’s chief executive on Monday
Construction on the project is slated to begin in June 2016
The Saudi-based developer has started handing over the first phase to investors
The event is expected to attract over 1000 industry professionals
Proposals aimed at reducing housing shortage in urban areas
Second phase of the Dhs 6bn project to go on sale on June 18
Foreign investors will be able to own 100 per cent of retail and wholesale businesses
The money will help strengthen Meydan’s capital structure and support new projects
Prices at the 77-storey tower range from Dhs 2,800 to Dhs per square foot
Expats can currently only buy property in the sultanate’s integrated tourist complexes
Saudi government offers property developers partnership deals to address a shortage of affordable housing
The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential prices
Project developer Emaar previously said the tower would be a ‘notch taller’ than the Burj
The developer released 100 out of the total 300 units for sale
The country’s looming Brexit vote means many are taking a wait and see approach
The company plans to add malls, hotels, cinemas, restaurants, Carrefour hypermarkets and leisure destinations in the country in the coming years
The first phase of the golf and waterfront development includes 512 units
Bellevue Towers will offer 300 residential units along with retail outlets in the ground floor
The American businessman was arrested in 2008 during an investigation into financial irregularities
Crystal Residence will feature 225 luxury apartments
The mega development is currently in the detailed design stage
The project, called Marasi Business Bay, will be developed by Dubai Properties
The amount will be paid to banks and trade creditors this month