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New Online Real Estate Auction Platform Launches In Dubai

Called eZayed, the platform allows for physical and online bidding on real estate.

Mall Of The World, Dubai Design District To Be Showcased At Cityscape

Major projects being developed by Dubai Holding and its units, Dubai Properties and Tecom Investment will be displayed during the upcoming property show.

Abu Dhabi’s TDIC Launches Mega Residential Project In Saadiyat Island

The development will feature nine low-rise residential buildings including apartments and townhouses positioned in five clusters that are 250 metres long each.

Dubai’s Emaar Says First Tranche Of Malls IPO Already Covered

Emaar is aiming to raise as much as Dhs5.8 billion ($1.58 billion) from the offer of shares in Emaar Malls Group (EMG).

Dubai’s Omniyat To Unveil Three Mega-Projects Worth Dhs3.5bn At Cityscape

The upscale residential developments will be located in Palm Jumeirah, Dubai Maritime City and Downtown Dubai.

Dubai Firms Eye Sharjah For Bulk Staff Housing

Increased demand for bulk staff housing from Dubai firms has caused rents in Sharjah to rise, a Cluttons report says.

New $1.5bn Royal Atlantis Resort Planned For Dubai’s Palm Jumeirah

The new resort, to be completed by 2018, will consist of 800 rooms, suites and 250 hotel apartments.

Dubai’s Property Sector Plots Conservative Growth

When Dubai’s residential property prices shot up sharply last year, it invoked fears of another bubble, but analysts suggest the market is sturdier this time around.

Park Investments Launches New Dhs270m Villa Project In Jumeirah Village Circle

The residential development will comprise 93 four-bedroom villas, with pre-launch prices starting at Dhs2.9 million.

Dubai’s House Prices Up 20% Y-O-Y In Q2 2014

The growth in house prices however slowed to three per cent quarter-on-quarter in Q2.

Emaar Launches Residential Project, BLVD Heights, In Downtown Dubai

The project features two residential towers connected by a podium and includes 280 units.

Deyaar Sells Out Units In First Tower At Newly-Launched Montrose Project

The recently launched Montrose project incudes two residential towers and one hotel tower.

Dubai Holding To Begin Work On Mall Of The World In Q1 2015

The mega project, announced earlier this year, will house the world’s largest shopping mall.

Dubai’s Limitless Awards Dhs19.5m Contract For Downtown Jebel Ali

The contract for infrastructure design and supervision services was given to Dar Al-Handasah.

Dubai’s Amlak Shareholders To Meet Sept 21 On Restructuring Plan

Creditors of the company approved a plan to restructure debts worth around $2.7 billion last month.

Dubai’s Emaar Says Shareholders As of Sept. 10 To Have Priority In Unit IPO

Emaar plans to float at least 15 per cent of its shopping malls and retailing unit on Dubai’s main stock market and will list the shares in October.

Nakheel Opens Its First Community Retail Mall

Jumeirah Park Pavilion is a 10,6000 square metre retail facility and will cater to residents of the Jumeirah Park, Jumeirah Islands and Jumeirah Village communities.

Dubai’s State Property Firm Meraas Seeks Up To $4bn Loan – Sources

A banking source aware of the talks said that Meraas was looking to ‘front-load’ its debt plans so that it raised as much cash before construction began on its projects.

Abu Dhabi’s Aldar Sells Residential Tower To MAG F5 Holdings

The tower, located in Marina Square on Reem Island, comprises 202 units that are ready for handover.

Deyaar Launches New Residential Project Montrose In Dubai

The project consists of three towers, out of which two are residential buildings while the other will comprise of hotel apartments, the developer said.

Dubai’s Omniyat, Drake & Scull Launch New Project In Palm Jumeirah

Called ‘One at Palm Jumeirah’, the luxury project will be designed by international architects.

Over 600,000 Saudis Eligible For Housing Aid -Ministry

Families obtaining assistance from the housing scheme are to receive state-subsidised home loans or subsidised sales of land or housing units.

Dubai’s Property Market Booming On Safe Haven Status – Senior Banker

Exclusive: The UAE has seen a flight to safety of wealth from conflict-ridden areas in the region, says Emirates NBD CEO Shayne Nelson.

Nakheel To Build 12-Storey Residential Tower For Lease In Palm Jumeirah

The developer has awarded a contract worth around Dhs75 million to UAE-based Trojan General Contracting to build the complex.

Dubai’s Damac Launches More Units For Sale At AKOYA Oxygen Project

The developer said that it preponed the second release of units at the AKOYA development owing to strong investor demand.

Dubai’s TECOM Launches New Freehold Villa Community In Barsha

The development, called Villa Lantana, will feature 440 units including three, four and five bedroom homes.

Christie’s Real Estate Plots Dubai Launch

Property to be sold by the unit includes a 75 million euro Arabic palace.

Saudi Builder Al Khodari Wins $184m University Contracts

Al Khodari will build facilities at Taibah University and at Northern Borders University.

Nakheel Appoints Consultant For New Mall At Jumeirah Village Triangle

The two million square foot mall will feature a multi-screen cinema, supermarket, speciality shops and F&B options.

Dubai’s Damac Sells Out First Release Of AKOYA Oxygen Project On Day One

The new development, spread over 55 million sq ft in Dubailand, will feature residences surrounding a golf course.