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Dubai Development Moves from Form to Function

Once a playground for developers to design the most iconic and flamboyant buildings in the world, Dubai is maturing into a city where financially...

Phase 1 of Park Gate Residences Commenced

wasl Asset Management Group, one of the largest real estate management and development companies in Dubai, is forging ahead at wasl1 – the company’s...

Sales of Mirdif Hills Nasayem Avenue Commence

Dubai Investments PJSC , the leading, diversified investments company listed on the Dubai Financial Market, has announced that the construction of the AED 3...

Construction Works on Langham Place Downtown Dubai Begin in a Week

Omniyat Group, a leading luxurious real estate developer in Dubai, has awarded the enabling works contract for its AED 1 billion ($272 million) Langham...

GCC Hospitality Projects Value Exceeds US$147 Billion

The total value of the 1,156 hospitality and tourism projects in the GCC region has exceeded US$147 billion (Dh539 billion) in March 2018, according...

Alternative solutions needed to fund capital projects in GCC

The new economic reality of lower oil prices will constrain the amount of funding available to the Gulf Cooperation Council’s (GCC) governments to finance...

Expo 2020 Dubai Pavilions Construction Set to Begin in April

Some of the participating countries in Expo 2020 Dubai will begin building their pavilions at the start of April 2018. Over 180 countries will...

21,000 Hotel Rooms Under Construction in Dubai

STR’s April 2016 Pipeline Report shows 152,580 rooms in 541 hotels Under Contract in the Middle East and 55,078 rooms in 289 hotels Under...

Dubai to get its own Water Show Theatre

The first permanent water production in Dubai is planned for launch in 2016, with the completion of the construction of a real water...

Nakheel To Build New Marinas on The Palm Jumeirah

Master developer Nakheel is investing AED15 million to increase boat mooring capacity on Palm Jumeirah, with two new marinas that will bring the total...

World Reaches 100 Super-tall Skyscrapers; Dubai dominates with 18

World Reaches 100 Super-tall Skyscrapers with Completion of 432 Park Avenue There are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of...

Dubai developers scale back on handovers

Some property buyers will not be moving into their new homes any time soon — Dubai developers have scaled back considerably on the pace...

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,...

Palma Holding Hands over Serenia Residences on Schedule

70% of units are sold and the community is welcoming its first residents to discover the ultimate in beachfront living Palma Holding, one of the...

2016’s Most Expensive Cities to Build Ranked; Construction Cost in UAE...

Zurich and New York are the world’s most expensive cities in which to build, closely followed by London. At nearly US$3,700 per m2, average construction...

Dubai’s Construction Boom May Need Building Quotas Rather Sooner Than Later

What is a building quota? The implementation of building quotas is a measure aimed at limiting the number of annual building permits for a certain...

GCC hospitality projects value exceeds US$148 in Q1 2017

The total value of 1,153 hospitality projects in the six members of the Gulf Co-operation Council, GCC, exceeded US$148.4 billion (AED544.62 billion) in the...

Dubai ambitious projects may pose risks

Last week, Dubai once again announced a new mega-project, called Mall of the World. It will comprise of the largest shopping mall worldwide, hotels...