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Four Seasons and Jabal Omar Company to Open New Hotel in Makkah
(Press Release - 19/10/2017)

Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, and Jabal Omar Development Company (JODC), a leading developer in the Middle East, announce plans for a new Four Seasons hotel in the Holy City of Makkah (also known as

Damac advert spend surges but profits fall
(Arab News - 19/10/2017)

A splurge on marketing spending failed to deliver a bottom line boost to Damac Properties — the developer behind behind the only Trump-branded golf course in the Middle East. The Dubai-based developer is well known for its marketing gimmicks such as

DAMAC reports net profit of AED 2.3 bil for the first 9-month of 2017
(Press Release - 18/10/2017)

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), a leading property developer in the Middle East, today announced its first-nine months 2017 financial results, reporting total revenue of AED 5.8 billion and net profit of AED 2.3

Deyaar reports 96% increase in revenue to AED 512 mil as of Q3 2017
(Press Release - 18/10/2017)

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced its financial results for the third quarter of 2017. The company reported revenues of AED 512 million for the first nine

Deyaar reports 96% increase in revenue at Dhs512m
(The Gulf Today - 18/10/2017)

Deyaar Development, one of Dubai’s leading property developers and real estate service providers, today announced its financial results for the third quarter of 2017. The company reported revenues of Dhs512 million for the first nine months of the year

Emaar Properties postpones GM to October 21
(Gulf News - 16/10/2017)

Emaar Properties said on Monday it has postponed its general assembly meeting to October 21. The quorum was not met at the meeting held on October 15, the company said in a statement posted on the Dubai Financial Market’s website. Emaar Properties is

RiyadREIT signed sale and purchase agreemnt with Higher Education Fund
(Tadawul - 15/10/2017)

Riyad REIT announces that on 12/10/2017 the fund signed a sale and purchase agreement with the Higher Education Fund to acquire the building of Saudi Electronic University located in Ar Rabi district at the intersection of Abi Bakr As Siddiq Road and

Emaar Entertainment to set up mega leisure centre in Bahrain
(Trade Arabia - 11/10/2017)

Eagle Hills Diyar, developer of urban waterfront project Marassi Al Bahrain, has signed up Dubai's Emaar Entertainment to bring a bumper family entertainment centre to its Marassi Galleria shopping and lifestyle destination in Bahrain. The 13,200-sq-m

Aldar to deliver homes to customers this December
(Gulfnews - 11/10/2017)

Aldar Properties on Tuesday said it is preparing to hand over the Andalusian-style apartment development Ansam to customers during December. External work is complete with landscaping due to commence this month while internal final fit outs are nearing

Emaar lines up new projects in Gurugram, expects market revival soon
(IANS - 09/10/2017)

Signalling a likely turnaround in India's real estate market, Emaar India, the Indian arm of Dubai's Emaar Properties, on Monday said it is working on a slew of new projects in the NCR as it expects to complete all its ongoing projects by the end of

Damac's hotel apartment projects 'in big demand'
(Trade Arabia - 09/10/2017)

Damac Properties, a leading luxury real estate developer in the region, announced that its hotel apartment projects in New Dubai and Dubai South are more than 80 per cent sold out. Demand continues to rise for Damac's hotel apartment projects as Expo

Emaar Properties contributes $40mln to Sandooq Al Watan
(WAM - 08/10/2017)

Emaar Properties today announced an additional contribution of AED62 million to Sandooq Al Watan, the philanthropic fund set up by Emirati entrepreneurs and the private sector to boost social entrepreneurship and nurture UAE youth talents. One of the

At The Top, Burj Khailfa gets a digital facelift
(Khaleej Times - 06/10/2017)

The regions's most visited star-attraction At The Top, Burj Khailfa, has gotten bigger and better with its new digital makeover. In addition to expanding its reception area four times its original size, At The Top, Burj Khalifa reception in the lower

Tabarak Investment infuses Dh500M in Drake & Scull International
(Arab News - 05/10/2017)

Tabarak Investment has injected Dh500 million in Drake & Scull International (DSI) as the Dubai-listed company reported on Tuesday the completion of its capital restructuring program. “Drake & Scull … has successfully completed its capital restructuring

Tabarak Investment Injects AED 500 Million in Drake & Scull
(Press Release - 04/10/2017)

Drake & Scull International PJSC (DSI), a regional market leader in engineering and construction services, announced today that it has successfully completed its capital restructuring program which started at the beginning of the fiscal year as part of

RAK real estate comes into its own
(Gulf News - 04/10/2017)

Reasonable price, accessibility, luxurious amenities and other incentives are driving the real estate market in Ras Al Khaimah. Investors and real estate businesses are heading north, quick to sense an opportunity. Adam Price, managing director of Select

Emaar's Property Development Business Valued at $6.5 Billion
(Reuters - 03/10/2017)

The real estate development business of Emaar Properties, which is being listed in an initial public offering (IPO) in Dubai, is expected to be valued at 24 billion dirhams ($6.5 bln), two people familiar with the deal said. The valuation is based on the

Aldar awards $203m Reem Island project
(Trade Arabia - 02/10/2017)

Abu Dhabi developer Aldar Properties has appointed Construction Group Contracting House (CGCH) as the main contractor for its Dh745 million ($203 million) mid-market residential development, The Bridges, coming up on Reem Island. The contract, which

Emaar to manage Dubai Frame as it readies to open
(Gulf Business - 01/10/2017)

Property developer Emaar has entered an agreement with Dubai Municipality to manage the upcoming Dubai Frame when it opens next month. The memorandum of understanding was agreed with Emaar following its experience managing the observation areas of the