BLOOM LAUNCHES MIXED-USE PROJECT

Bloom Properties, a Bloom Holding subsidiary, has announced its latest project - Soho Square, a mixed-use urban development that encompasses residential, retail and commercial space on Saadiyat Island....

Tags: Bloom Properties, Bloom Holding Subsidiary, Soho Square, Residential, Retail, Commercial Space, Cityscape Abu Dhabi, Bloom, Park View, Rotana

NSHAMA TO LAUNCH $204K APARTMENTS

Town Square, the Dubai mega project being developed by Nshama, has unveiled Jenna, the first residential apartments in its main square within the heart of the 750-acre development....

Tags: Town Square, Nshama, Town Square Dubai Hotel, Reel Cinemas Cineplex, F&B Outlets

JUMEIRAH GOLF ESTATES RETAIL CENTRE COMMENCES

Jumeirah Golf Estates will develop a new retail centre, which is due to open in September 2016. The new 45,000 sq ft centre will feature a new-concept grocery store, restaurant and café....

Tags: Jumeirah Golf Estates, Grocery Store, Restaurant, Café, City Diamond Contracting, Alandalus Collection

MERAAS BUR DUBAI IN 2017

Meraas´s Marsa Al Seef hospitality and retail development in Dubai´s Bur Dubai area is due for completion by the second quarter of 2017.The 1.8 km stretch of waterfront, is currently undergoing a makeover into an Arabic-heritage inspired offering....

Tags: Meraas´S Marsa Al Seef Hospitality, Dubai´S Bur Dubai, Arabic-Heritage, Meraas, Holding, F&B Portion

NAKHEEL UNVEILS 1.5KM PROMENADE

Nakheel will transform the entire trunk of Palm Jumeirah into a walkable beach, park, retail and café complex. The Palm Promenade will stretch 1.5 km along the island´s trunk, with new walkways...

Tags: Nakheel, Palm Jumeirah, Walkable Beach, Park, Retail, Café Complex, Al Ittihad Park, Palm West Beach, Palm Jumeirah Trunk, Nakheel PJSC

KIPCO PLANS REAL ESTATE PROJECT

Kuwait Projects is planning to develop a $5 bn real estate project on the outskirts of Kuwait City. The 380,000-sq m project will include both residential and commercial spaces, as well as infrastructure such as roads, parks, walkways and electricity. ...

Tags: Kuwait Projects, Real Estate Project, Roads, Parks, Walkways, Electricity, KIPCO

DUBAI HOUSING FOURTH MOST EXPENSIVE IN THE WORLD

Housing costs in Dubai are among the four most expensive in the world, according to the latest UBS Prices and Earnings study, which examines prices, wages and earners-Æ purchasing power in 71 cities globally. ...

Tags: Dubai, UBS Prices, Earnings Study, Dubai Housing

DAMAC UNVEILS BUGATTI-STYLED VILLAS

Damac Properties launched the world´s first Bugatti-branded homes at this week´s Cityscape Global exhibition. The limited edition collection, to be named ETTORE 971 Bugatti Styled Villas, will be located in the 55 mn sq ft Akoya Oxygen master development, overlooking the Tiger Woods-designed Trump World Golf Club, Dubai. ...

Tags: Damac Properties, Bugatti, Cityscape Global Exhibition, ETTORE, Tiger Woods, Trump World Golf Club, Luxury Vehicle

DUBAI SOUTH LAUNCHES RENT-TO-OWN SCHEME

Dubai South has launched a rent-to-own scheme as a finance option for buyers in its upcoming ´The Villages´ project. The rent-to-own initiatives traditionally involve a tenant paying rent towards a property over a number of years, which can then be converted into equity if they decide to purchase the unit after a certain period....

Tags: Dubai South, The Villages Project, Dh 25 Bn Development, Greenhouse

$54.4 MN PENTHOUSE TO BE SOLD IN DUBAI

Omniyat, is building the most expensive penthouse in Dubai costing Dh200 mn ($54.4 mn).The 20,000 sq ft penthouse property was part of its The ONE at Palm project, which it is showcasing at the exhibition....

Tags: Omniyat, Penthouse Pproperty, Dubai´S Palm Jumeirah, Ultra-Luxury Residential Project, Langham Place Downtown Development, Zaha Hadid, Burj Khalifa

SKAI PLANS THIRD $272 MN HOTEL PROJECT

SKAI Holding is planning its third hospitality project. The project, valued at around Dh1 bn is located in Jumeirah Village Circle. Construction on the 60-storey tower is already underway with the hotel scheduled for operation in 2018....

Tags: SKAI Holding, Jumeirah Village Circle, Dubai Palm Jumeirah, Hotel Project

DUBAI PROPERTIES TO UNVEIL JBR RESIDENCES

Dubai Properties will unveil its latest luxury residential development, 1/JBR, at Cityscape Global 2015, which will open in Dubai. Located at the entrance of Jumeirah Beach Residence (JBR), the tower development includes five-bed penthouses. will unveil its latest luxury residential development, 1/JBR, at Cityscape Global 2015, which will open in Dubai. Located at the entrance of Jumeirah Beach Residence (JBR), the tower development includes five-bed penthouses. ...

Tags: Dubai Properties, Jumeirah Beach Residence, Cityscape Global 2015, Unique Glass Façade, Wide Sundecks

DUBAI TO LAUNCH 65,000 HOMES

More than 65,000 residential units under construction in Dubai will be absorbed by 2019. According to Lookup.ae, a real estate information portal, approximately 45 per cent of that future supply will be handed over during the next 18 months....

Tags: Dubai, Lookup.Ae, Real Estate

NEW PROPERTY LAW BY ABU DHABI

Abu Dhabi has issued a decree to regulate and improve transparency in the emirate´s real estate sector, requiring brokers and developers to be licensed, and introducing rules to protect buyers of projects that are not yet completed. ...

Tags: Abu Dhabi, Real Estate Sector, Brokers, Developers

CARLSON REZIDOR HOTEL GROUP ANNOUNCES

Radisson Blu Plaza HotelCarlson Rezidor launched its latest property - the Radisson Blu Plaza Hotel in Jeddah. Located near Jeddah´s Al Andalus Square project, the Radisson Blu Plaza Hotel comprises 112 rooms and suites with space, light and comfort taking priority in their decor....

Tags: Radisson Blu Plaza Hotel, Carlson Rezidor, Property, Jeddah´S Al Andalus, Decor, Light, Middle East

CHESTERTONS LAUNCHES OPERATIONS IN SAUDI ARABIA

Chestertons, the international property agency established in 1805, has launched its operations across Saudi Arabia by entering into a JV with MEDAD Valuation International....

Tags: Chestertons, Property, Saudi Arabia, JV, MEDAD Valuation International, Najeeb Abdullatif Alissa Holding Company, Riyadh, Jeddah, Al Khobar

TAMOUH ADDS MASS HOUSING ON REEM ISLAND

Tamouh, a member of Abu Dhabi-based Royal Group of Companies, is reworking the master plan of Reem Island to include 20 per cent of the housing units in the affordable housing category....

Tags: Tamouh, Abu Dhabi, Royal Group Of Companies, Reem Island, Housing Units, Abu Dhabi Urban Planning Council, Al Reem Island Master Development

BURJ AL MANA TO AWARD MAIN CONSTRUCTION CONTRACT SOON

Qatar-based Mohammed Hamad Al Mana Group is expected to award the main construction contract for its $150 mn Burj Al Mana tower, Dafna Corniche, Qatar, by third week of August 2015. ...

Tags: Mohammed Hamad Al Mana Group, Burj Al Mana Tower, Dafna Corniche, Qatar, MZ & Partners Architectural & Engineering Consultancy WLL, Al Bandary Engineering Trading, Contracting WLL, Hamad Al Mana Group

TILAL CITY TO OFFER FIRST-OF-ITS-KIND COMMUNITY FACILITIES

Tilal Properties recently announced that 45 per cent of the land within its flagship Tilal City development will be dedicated to community facilities such as green spaces, jogging and bicycle tracks and six mosques, as well as education, retail and leisure areas. ...

Tags: Tilal Properties, Land, Bicycle Tracks, Khatib & Alami, Sharjah´S First Master Planned Community, Develop Properties

GREEN COMMUNITY PHASE-III STARTS

Union Properties has commenced construction for Phase-III of its Green Community in Dubai Investments Park. Contractor Shapoorji Pallonji Mideast laid the foundation of the project spread over 1.48 mn sq ft. The project, designed by Dewan Architects and Engineers, will feature 226 homes including 210 villas and 16 duplex apartments. ...

Tags: Union Properties, Shapoorji Pallonji, Dewan Architects, Engineers