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Real estate projects news

Egypt housing deal is close

Arabtec says final Egypt housing deal is close Subscription

19 October 2014 | By

First phase involves development of 120,000 units in three cities

Dubai's Sheikh Zayed Road

El-Seif wins more than $1bn of new work in Dubai Subscription

19 October 2014 | By

Contracts cover a 100-plus-storey tower and 2,200 villas

Rafal tenders Riyadh residential tower

Rafal tenders Riyadh residential tower Subscription

15 October 2014 | By

Saudi development company seeks bids for residential tower and offices

The local Tebyan Real Estate Development has launched a new tower at Dubai Marina known as Sparkle Towers

Tebyan partners with Swarovski for Dubai tower Subscription

14 October 2014 | By Philippa Wilkinson

Dubai Marina project to be completed in December 2016

Palm Jumeriah

Omniyat and Drake & Scull break ground on Palm tower Subscription

8 October 2014 | By

The two companies formed a partnership in August

The Dubai Design District project is located adjacent to Business Bay and has 10 buildings under construction

Parsons secures consultancy work at Dubai Design District Subscription

7 October 2014 | By

Contract covers infrastructure work at new development

Nakheel's Palm Jumeirah, site of the 11km The Boardwalk project

Nakheel appoints contractor for Palm island Boardwalk Subscription

30 September 2014 | By

The 11-kilometre-long promenade will be home to shops and restaurants

Construction

Arabtec says progress is being made on Egyptian housing Subscription

28 September 2014 | By

The $40bn scheme involves building one million homes

Burj al-Arab, Dubai

Meraas to start construction on La Mer in October Subscription

24 September 2014 | By

Mixed-use development will be built in the Jumeirah area

Emerald Palace Kempinski Hotel on the Palm Jumeirah

Depa wins two Dubai hotel fit out deals Subscription

22 September 2014 | By

Projects are at World Trade Centre and on the Palm Jumeirah

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Market news

Nakheel posts 47 per cent profit jump

Nakheel posts 47 per cent profit jump Subscription

8 October 2014 | By

Profits reach AED2.6bn for first nine months of 2014

Nakheel awards Al-Furjan infrastructure deal

Nakheel awards Al-Furjan infrastructure deal Subscription

1 October 2014 | By

Work covers construction of roads and preparation of villa plots

Construction

Tecom considers plans for new Dubai Internet City development Subscription

22 September 2014 | By

Site was originally to be developed by US investors

Nakheel

Nakheel will not repay sukuk early Subscription

22 September 2014 | By

Islamic facility is due to be paid in August 2016

In 2013, Carillion's local joint venture Al-Futtaim Carillion secured work on The Avenues for Dubai-based developer Meraas, with financial assistance from London

Carillion has the lead with UK funding Subscription

16 September 2014 | By

Firm has secured work on two projects with export credit guarantees so far this year

Abu Dhabi Exchange could see Tasweek listing

Real estate company Tasweek to appoint IPO adviser Subscription

8 September 2014 | By

Abu Dhabi firm concluding talks with banks and law firms

Jumeirah hotel chain

Dubai Holding subsidiary reports profit hike Subscription

8 September 2014 | By

Company on target to exceed AED4bn ($1.09bn) in annual net profits

The planned Union Oasis development at Union Station of the Dubai Metro

Dubai’s Union Oasis project pending RTA approval Subscription

31 August 2014 | By

Metro station area to be developed as a public-private partnership scheme

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Real estate trends

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

Stability: Speculators have left Dubai’s property market, following new legislation introduced at the end of 2013

Dubai real estate market shows signs of maturity Subscription

25 September 2014 | By

After 12 years of dramatic ups and downs, the property market is now moving towards sustainable growth

Dubai financial markets performance

Investor appetite for Emaar places pressure on DFM Subscription

8 September 2014 | By

Success of Emaar’s mall group listing could herald growth for initial public offerings

Doha

Investors start developing malls in Doha ahead of World Cup Subscription

24 June 2014 | By

A series of new private-sector shopping mall projects in Doha are in the early stages of development

Regional investment in global commercial real estate

Middle Eastern investors spent $13bn on real estate abroad in 2013 Subscription

17 June 2014 | By

Around $180bn in investments expected over the next ten years

UAE commercial banks loans and advances

UAE central bank says lending not driving real estate boom Subscription

12 June 2014 | By

Bank releases financial stability report for 2013

Dubai real estate

Dubai property overheating fears resurface Subscription

10 June 2014 | By

The World Expo in 2020 will be key to Dubai’s property sector growth, but creating a sustainable market and avoiding another real estate bubble must be high on the agenda

Middle East contract awards May 2014

Middle East contracts awarded: May 2014 Subscription

2 June 2014

Over $8bn of contracts awarded in May in the Middle East

Filter all real estate analysis by country

MEED comment

Speculators have left Dubai's property market and, as a result, demand and prices have cooled

Dubai real estate market undergoes transition

25 September 2014 | By

Evolution into a more mature market will bring new investors

Emaar Malls Group's Dubai Marina Mall

Mixed reaction to Emaar Malls Group listing

1 September 2014 | By

Emaar Malls Group intial public offering sets benchmark for Dubai’s capital markets

Nakheel Nad al-Sheba

Dubai developers must end sales price concerns Subscription

19 July 2014 | By

Developing cash-generating assets requires funding, but delivers long-term revenues

Aramco: Investing in future development

Saudi Aramco takes the lead in development Subscription

17 July 2014 | By

Since its formation, it has led development in the kingdom, stepping beyond the remit of its core business. Today, it shows no signs of slowing down

Biggest mall: Mall of the World is back on track

New mall depicts cautious approach Subscription

10 July 2014 | By

The change in location for Dubai’s Mall of the World shows developers are continuing to be risk-averse

Dubai construction

'Come and we will build' now Dubai's mantra Subscription

10 July 2014 | By

Risk averse developers break from ‘build and they will come’

The Mall of the World site as seen from Sheikh Zayed Road

Dubai must grow for world’s biggest malls Subscription

6 July 2014 | By

Almost every major shopping centre in the emirate is being expanded

Arabtec share price has fallen

Arabtec locked in a fight for survival Subscription

26 June 2014 | By

Company’s ability to manage risks will be thrown into doubt following meltdown

See all MEED commentary

Special reports

Illustration

Rethinking Egypt's cities

4 May 2014

Egypt rises to the urban development challenge

Construction

A Guide to GCC Construction Subscription

4 May 2014 | By

Resources tighten on construction sector rebound

Construction

Construction: Demand grows for project managers Subscription

9 April 2014

Complex construction schemes in the GCC has led to a rise in the use of project managers

GCC real estate

Real Estate: GCC property markets stabilising Subscription

18 March 2014

There is an uptick in demand for residential and commercial property across the region, with just one or two exceptions

SR Cover Riding the Boom

Construction: Middle East rides the new projects boom Subscription

21 November 2013

Transport awards, particularly metro schemes, are driving a construction rebound across the region

See all construction & real estate special reports

Presentations

Projects trends

Gulf projects index

Market eases for Eid break Subscription

9 October 2014

Oman is only projects market to record significant movement

Gulf Projects Index

Gulf Index sees its worst week in nearly two years Subscription

27 August 2014 | By

All markets declined apart from those of Qatar and Saudi Arabia

Gulf Projects Index

Dubai’s Mall of the World boosts index Subscription

17 July 2014

UAE and Bahrain are the outstanding markets of the week

See all Gulf Projects Index articles

Projects awards

Dubai's Sheikh Zayed Road

El-Seif wins more than $1bn of new work in Dubai Subscription

19 October 2014 | By

Contracts cover a 100-plus-storey tower and 2,200 villas

The Dubai Design District project is located adjacent to Business Bay and has 10 buildings under construction

Parsons secures consultancy work at Dubai Design District Subscription

7 October 2014 | By

Contract covers infrastructure work at new development

Nakheel awards Al-Furjan infrastructure deal

Nakheel awards Al-Furjan infrastructure deal Subscription

1 October 2014 | By

Work covers construction of roads and preparation of villa plots

Nakheel's Palm Jumeirah, site of the 11km The Boardwalk project

Nakheel appoints contractor for Palm island Boardwalk Subscription

30 September 2014 | By

The 11-kilometre-long promenade will be home to shops and restaurants

Emerald Palace Kempinski Hotel on the Palm Jumeirah

Depa wins two Dubai hotel fit out deals Subscription

22 September 2014 | By

Projects are at World Trade Centre and on the Palm Jumeirah

Dubai

Hill wins Dubai Parks & Resorts role Subscription

9 September 2014 | By

US firm will construction manage attractions

Nakheel Mall site and Al-Ittihad Park on Palm Jumeirah

Trojan wins Palm Jumeirah construction contract Subscription

28 August 2014 | By

Nakheel appoints contractor to build residential block

Nakheel

Nakheel awards Jumeirah Islands construction contract Subscription

21 August 2014 | By

Local contractor will build houses and retail centre

People

Rashid al-Nafisi Subscription

22 September 2014

Rashid al-Nafisi is chairman of the Al-Mazaya Holding Company

Salwa Nabil Malhas Subscription

16 September 2014

Salwa Nabil Malhas is chief business development and marketing officer at Al-Mazaya Holding

Ibrahim Abdul Rahman al-Saqabi Subscription

16 September 2014

Ibrahim Abdul Rahman al-Saqabi is CEO at Al-Mazaya Holding Company

Grigoris Christofides Subscription

28 November 2013

Grigoris Christofides is chief executive officer, Arabtec Construction

Ali Odeh Subscription

28 November 2013

Ali Odeh is chairman and chief executive officer, Turner International Middle East

Mohammed al-Marri Subscription

28 November 2013

Mohammed al-Marri is chief officer for design and delivery, Msheireb Properties

See all real estate biographies

Meet the analyst


Colin Foreman
News Editor


Phone: +971 (0)4 818 0238
Email: colin.foreman@meed.com

Latest comment

See all articles written by Colin Foreman

Tenders

Saudi Arabia: Housing compound Subscription

11 October 2014 | By

Construction of a new housing compound

See all real estate tenders

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