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Construction costs have dropped to 2003 levels

Should property prices be decreased in line with the reducing costs of building materials? A softening in prices of building materials is expected to kick...

Infrastructure Breakthrough – iCrete introduces revolutionary new material for precast concrete...

• New iCrete product family will feature speed in application, exceptional reliability and workability, less cement, lower cost, and sections that are thinner and...

Limitless delays work on the Arabian Canal

The developer remains committed to the project The future of Dubai's 75km-long Arabian Canal mega-project was under threat this week after the client suspended the...

SZHP is considering a decision to increase the minimum limit for...

The Sheikh Zayed Housing Programme (SZHP) is considering a decision to increase the minimum limit for housing loans administered as part of the programme,...

Top ten Abu Dhabi projects worth $208 billion

Global slowdown notwithstanding, the capital of the United Arab Emirates continues to be transformed with masterplan budgets for the city's top ten civil projects...

Dubai developers can utilise $2.2 bln escrows

Dubai developers have access to up to $2.2 billion from escrow accounts to cover construction commitments, the emirate's property regulator said in a strategy...

Union Properties ongoing projects on track

Union Properties (UP) said on Sunday it will proceed with its ongoing projects, underlining that there are currently no plans for new developments on...

Emaar Misr makes strong progress on Marassi for on-schedule completion

Structural work of villas and townhouses 80 per cent over Completed first phase of golf course Beach Clubhouse to open this summer Emaar Misr for Development S.A.E,...

Construction cost currently between Dhs270 and Dhs350 per sq ft

Construction costs in Dubai have fallen by 70.83 per cent from their peak of Dh1,200 per square foot in August 2008 to about Dh350...

Construction on Nakheels’ Badrah on schedule

Nakheel has announced it is to build more than 1,000 homes in the Manarah District in Badrah as part of the Waterfront development in...

Jumeirah Lakes Towers construction progresses on schedule

Project’s first lake inaugurated 25 towers ready for handover by first half 2009 Project on track for completion in 2011 The Dubai Multi Commodities Centre (DMCC) announced...

Construction works on the Arabian Canal on schedule

Limitless, an integrated real estate development company and a business unit of Dubai World, has begun construction work on the Dh40.4 billion ( $11...

Construction on Nakheel Tower delayed until the next year

Construction work on the Nakheel Tower has been stopped for a year, reported The National. “Further work on the foundations of Nakheel Harbour and Tower...

Projects on track

In recent weeks, delays have beset several massive projects, according to several architects and articles in The National. Dubai Waterfront is moving much...

Construction giants vie for Nakheel Tower deal

Three major construction players are vying for pre-construction contract for Nakheel's 1km-plus tower Al Habtoor Leighton Murray & Roberts, Al Naboodah Laing O’Rourke and Samsung...

Contract for new concourse at Terminal 3 awarded to Al Habtoor...

Dubai’s Department of Civil Aviation (DCA) said on Saturday it had awarded a 4.9 billion-dirham ($1.33 billion) contract to build a new concourse at...

The Big 5 begins

The Big 5, the Middle East's leading trade fair for the construction industry, kicked off on Sunday (23) . The worsening of the international financial...

‘Dubai Smile’ to become the seventh crossing across Dubai Creek

His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the design of the seventh crossing (Dubai Smile) across Dubai Creek, reported...