Archive for October, 2018

Lootah Real Estate breaks ground on new Dubai housing project

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Lootah Real Estate Development, one of the region’s prominent modern real estate developers, today broke ground on its upcoming residential building “The Edge”. The project will the latest addition to the properties owned and developed by the company in Dubai Investment Park. The ground-breaking ceremony was held at the construction site in the Ewan Residences[…]

For very first-time, government, real estate developers, exhibit in same pavilion

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(MENAFN – Daily News Egypt) For the very first time Egypt participated in a huge pavilion, which included the Ministry of Housing, and the New Urban Communities Authority, and about 18 other major real estate development companies in the Egyptian market, in Cityscape Dubai— the world’s largest networking exhibition, and conference on property development—on[…]

New housing consultancy expo to open in Dubai

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UAE-based Mohammed Bin Rashid Housing Establishment is set to organise the second edition of the Housing, Building Materials, Decoration and Engineering Consultancy Exhibition (Decobuild 2018) next month in Dubai. This comes as part of Mohammed Bin Rashid Housing Establishment’s initiatives to achieve housing stability and its relentless efforts to improve the quality of life for[…]

Nakheel unveils $16bn real estate project at German expo

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UAE master developer Nakheel is back in Munich for the second consecutive year with a plethora of real estate projects – collectively worth €14 billion ($16 billion) at the Expo Real 2018 event being held in the German city. The only Dubai developer at the event, Nakheel is showcasing a diverse selection of investment opportunities[…]

Abu Dhabi apartment rents down as much as 12.73% in Q3

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Rental rates for residential property in the UAE capital Abu Dhabi fell by as much as 12.73 per cent in the third quarter, according to listings site Bayut. The company said rental decreases during the quarter were modest on average with some exceptions. The included the 12.73 per cent reduction for one-bed apartments in Khalifa[…]

Dubai’s haute couture homes | GulfNews.com

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Coming straight off the runway, branded residences are winning high-net-worth investors Meraas’ Bulgari Resort and Residences Dubai boasts of high-end Italian furnishings The arrival of “limited edition homes” as an asset class started in 2010 with the opening of Emaar and Giorgio Armani’s first international project, and with Bulgari the latest to join the Dubai[…]