Tuesday 25 April 2017

Dubai residential property prices down 3.6pc

The residential property prices in the rental market in Dubai, UAE, plunged 3.6 per cent year-on-year (y-o-y) in March mainly due to a steep fall in apartment and villa prices compared to the same period last year, said a report. The Dubai residential property sales price index f


Major 3G exhibitions set to open in Bahrain

Northern Gulf's biggest exhibitions showcasing the very best in construction, interiors and real estate will open their doors in Bahrain tomorrow (April 25) with a record number of property developers at the three-in-one event, which has now expanded to include an evening festival.


Artar gets solid response for debut UAE project

Artar Real Estate Development said it has received an overwhelming response from Saudi investors for its first UAE venture, Mada Residences, at the ongoing Riyadh Real Estate and Urban Development Exhibition (Restatex). Located within a minute’s walk of The Dubai Mall, the


Mideast FM market 'to witness radical changes'

The facility management (FM) sector in the Middle East region is at an inflection point, where past success recipes will cease to hold relevance, in light of increasing convergence, and emergence of competition from unconventional sources, according to Frost & Sullivan, a global growth cons


Nakheel breaks ground on $65m hotel at Ibn Battuta Mall

Dubai master developer Nakheel today (April 24) broke ground on a new, 375-room hotel at Ibn Battuta Mall, with a total project value of Dh240 million ($65.3 million). The ground-breaking ceremony – Nakheel’s second in a week – was led by chairman Ali Rashid Loo


Renault rolls out ultra-tough trucks into Mideast

Renault Trucks, a French commercial truck manufacturer owned by the Volvo Group, has introduced its new model K Xtrem - designed for construction, building site supply and long-haul conditions - into the Middle East market. The robust model, developed to take on the most challeng


Dubai set for Smart Skyscrapers Summit

Leading regional and international construction experts will discuss the latest trends and technological developments in innovative skyscraper construction at a key induustry event in Dubai, UAE, next month. The fourth edition of the annual Smart Skyscrapers Summit 2017 will be h


Damac Golfotel room up for grabs at ATM

Damac Hotels & Resorts, the hospitality arm of luxury real estate developer, Damac Properties, has announced that it will be giving away a hotel room at the prestigious Golfotel, the only premium five-tower hotel complex surrounded by a golf course in Dubai. Visitors to the c


Emrill wins Dubai Healthcare City FM contract

Emrill, one of the UAE’s leading facilities management companies, has been awarded a contract by Dubai Healthcare City (DHCC), the world’s largest healthcare free zone.   Under the new contract which extends until the end of 2019, Emrill will deliver integrated f


Kone lands big Saudi supply contract

Kone Corporation, a global leader in the elevator and escalator industry, has won an order to supply 153 elevators for eight different projects commissioned by Alargan Projects in Saudi Arabia. Saudi-based Alargan Projects is a specialist in the development of fully integrated re

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