Monday 27 March 2017
 
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real estate

UAE boosts Expo 2020 infrastructure spending

The UAE is expected to boost its expenditure this year, primarily in areas of infrastructure and developmental enterprises, reported state news agency Wam, citing a real estate expert. Amid the ongoing preparations for Expo 2020 D

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Indians top Dubai real estate with $3.3bn investment

Indians remain the most prolific foreign investors in Dubai's real estate sector, ranking highest both in terms of volume and value with Dh12 billion ($3.26 billion) worth of property transactions from 6,263 buyers, said a report released ah

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Jabal Omar to sell key Makkah real estate assets for $1.6bn

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a sh

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Moroccan developers Vecteur LV, Petra set for merger

Leading Moroccan real estate developers Vecteur LV (VLV) and Petra said they have won approval from the shareholders for their merger, thus leading to the creation of a new commercial real estate platform. As a result of the merge

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Omran to launch $672m real estate projects in Sharjah

UAE-based Omran Properties has announced plans to launch three real estate projects worth a total Dh2.47 billion ($672 million) in the emirate of Sharjah as part of its massive investment drive. The company, established in 2016 th

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Kuwaiti investment in Dubai real estate tops $533m

Kuwaiti real estate investment in Dubai has crossed the Dh2-billion ($533 million) mark in 2016 with investors pumping their money into various residential and commercial properties across the emirate, said a report released ahead of a key indus

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Free zones, transparency to boost Abu Dhabi real estate

The creation of free zones and transparency of the property market will be key to attracting foreign investment into the Abu Dhabi real estate sectors, said an industry expert ahead of an upcoming industry event. Cityscape Abu Dha

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Government initiatives bring stability to Jordan’s real estate

The Jordanian government's tax breaks and competitive offers from the kingdom's developers have resulted in a stable sales market despite oversupply of housing units, according to leading real estate consultancy Asteco. Pr

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Damac launches Dubai’s first 'modern stone villas'

Damac Properties, a leading luxury real estate developer in the region, has launched Hajar Villas, Dubai’s first 'modern stone villas'. Hajar Villas are a collection of premium, contemporary homes available in four-b

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Sezad nets $1.76bn in real estate, tourism investments

Oman's Special Economic Zone Authority in Duqm (Sezad) had last year attracted a record RO681 million ($1.76 billion) in investments for major real estate and hospitality projects, said a report. This underscores the emerging

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