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Real Estate

Middle East real estate news, analysis, tenders, contracts awarded, commentary and data. Keep up to date by signing up to MEED's construction newsletter. If you are not a subscriber but need access then subscribe to the region's leading business intelligence service now
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Real estate projects news

Nakheel floats tender for Palm Jumeirah boardwalk project Subscription

17 April 2014, 7:12 GMT | By

Palm Jumeirah boardwalk to stretch across the entire length of the outer crescent

Lootah Real Estate to tender Shamal Community project

14 April 2014, 10:51 GMT | By

Project tender will entail construction of phase 1 of the Shamal Community

Contractors to submit bids for Doha Marina Mall Subscription

6 April 2014, 10:34 GMT | By

Shopping centre will be built at Lusail to the north of the capital

Dubai plans more road bridges Subscription

30 March 2014, 9:25 GMT | By

Two links will connect to Nakheel’s Deira Islands in Dubai

Nakheel awards contract for Warsan Village Community Subscription

30 March 2014, 6:31 GMT | By

Local Ginco General Contracting to build 936 townhouses at new community

Nakheel plans to launch new masterplanned community Subscription

26 March 2014, 11:34 GMT | By

Developer aims to triple revenues by 2016

Construction contract for Nakheel Mall to be awarded in April Subscription

26 March 2014, 11:09 GMT | By

Bids for Nakheel Mall contract were submitted by contractors in February

Balfour Beatty confirms Dubai Mall award Subscription

25 March 2014, 7:46 GMT | By

BK Gulf joint venture company will provide mechanical and electrical services for Dubai Mall extension

Local contractor wins Palm Jumeirah construction deal Subscription

25 March 2014, 7:20 GMT | By

Award of ‘The 8’ construction deal is the latest on Dubai’s iconic man-made Palm Jumeirah island

Carillion in front for more Dubai work Subscription

23 March 2014, 10:04 GMT | By

The W Hotel & Residences will be built on the Palm Jumeirah’s crescent

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Market news

Qatari group reaches settlement with Habtoor Leighton Subscription

15 April 2014, 13:08 GMT | By

Dispute arose over long-delayed Doha City Centre expansion project

Kuwait development authority requires staffing Subscription

6 April 2014, 13:59 GMT | By

Authority will oversee development of Subiya promontory and Bubiyan island developments

Khidmah’s profit nearly doubles in 2013 Subscription

6 April 2014, 11:47 GMT | By

Aldar Properties is majority stakeholder in property services management company

Emirates REIT raises $175m through public share offering Subscription

3 April 2014, 12:10 GMT | By

Sharia-compliant trust Emirates REIT has a market capitalisation of $381.2m

Dubai's ICD buys stake in Kerzner International Subscription

3 April 2014, 10:02 GMT | By

Mohammed al-Shaibani to replace Sol Kerzner as chairman of luxury hotel operator Kerzner International

Arabtec appoints chief for Egypt subsidiary Subscription

2 April 2014, 15:04 GMT | By

Sami Asad to lead construction of one million homes

Arif and Bintoak wins contract for Dubai residential project Subscription

1 April 2014, 12:25 GMT | By

Dubai-based firm to design villas at Jumeirah Village Circle development

Emaar launches new community in Arabian Ranches Subscription

31 March 2014, 7:23 GMT | By

Samara community will consist of 177 villas

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Real estate trends

March contract awards

Middle East contracts awarded: March 2014 Subscription

17 April 2014, 12:23 GMT

Over $12bn of contracts awarded in March in the Middle East

Middle East contracts awarded: February 2014 Subscription

20 March 2014, 12:58 GMT

Over $17bn of contracts awarded in February in the Middle East

Tallest buildings in the Middle East

Middle East to build more skyscrapers Subscription

19 February 2014, 10:49 GMT | By

Kingdom Tower in Jeddah set to be tallest building in the world

Arabtec managing director and CEO Hasan Ismaik

Hasan Abdulla Ismaik, CEO, Arabtec Holding Subscription

6 February 2014, 11:40 GMT | By

Arabtec Holding’s new head has set his sights on transforming the company into the biggest contractor in the Middle East

Abu Dhabi residential stock

Abu Dhabi property market gathers strength Subscription

30 January 2014, 8:41 GMT | By

UAE capital’s property sector enjoys strong performance in 2013

MEED Quality Awards

Deadline nears for MEED Quality Awards for Projects entries

21 January 2014, 5:48 GMT

The awards will once again look to recognise the projects executed with the highest quality

Confidence: Nakheel is planning to launch $1.6bn of new schemes in 2014

Nakheel confident on tackling debt Subscription

9 January 2014, 9:25 GMT | By

The developer will start prepaying its debts this year, buoyed by strengthening cash flows

David Richter, president and chief operating officer, Hill International

David Richter, President and COO, Hill International Subscription

8 January 2014, 12:55 GMT | By

The US-based construction firm has shifted focus from real estate schemes to infrastructure projects, a move it says is for the better

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MEED comment

Construction

Progress is key on housing deal

13 March 2014, 14:52 GMT | By

The low-cost housing contract the Egyptian government has signed with Arabtec promises much-needed homes and jobs for citizens

Doha: Only 38 workers are working so far on stadiums

Doubts linger over labourer welfare in Qatar Subscription

13 February 2014, 13:33 GMT | By

Qatar’s new guidelines for migrant worker welfare are restricted to projects related to the World Cup

Ismaik: Implementing new strategy will be a challenge

Arabtec growth is a top priority Subscription

6 February 2014, 13:27 GMT | By

While UAE contractor has become the largest in the country, the firm’s head has much bigger ambitions

Arabtec: Growth potential to further increase in 2015

Arabtec tackles new territories Subscription

30 January 2014, 14:20 GMT | By

The Dubai-listed firm’s CEO has developed a bold growth strategy involving initial public offerings in markets in the region and beyond

Dubai World

Nakheel advances with The World Subscription

23 January 2014, 14:23 GMT | By

In another sign of Dubai’s property sector recovery, construction work is resuming on The World project

Growth: Nakheel’s finances are better than expected

Nakheel moves to be debt-free Subscription

9 January 2014, 13:26 GMT | By

The firm has been quick to react to the upswing in Dubai’s property market, launching a slew of new projects, and is now prepaying debts

Nakheel is progressing with new project, the largest of which is the AED2.5bn Nakheel Mall on the Palm Jumeirah

Nakheel focuses on stable growth Subscription

31 December 2013, 9:26 GMT

New hotel and shopping mall projects will be a priority for the Dubai-based developer Nakheel this year

Construction

Dubai to bolster public transport Subscription

12 December 2013, 15:12 GMT

The UAE emirate’s Roads & Transport Authority hopes private developers can encourage more people on to the metro

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Special reports

Construction

Construction: Demand grows for project managers

9 April 2014, 12:54 GMT

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

18 March 2014, 14:02 GMT

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, 6:29 GMT

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

EPC

Engineering, Procurement & Construction 2013: Tapping the region's community

9 October 2013, 13:59 GMT

Welcome to Engineering, Procurement & Construction in the Middle East, sponsored by Arabtec and Samsung Engineering

Riyadh metro

Construction: Metros drive contract awards Subscription

26 September 2013, 10:06 GMT

It has already been a bumper year for construction awards in GCC

Real estate

Real estate: Developers react to rising demand Subscription

22 August 2013, 6:45 GMT

After the crash of 2008-09, real estate markets in the GCC are returning to health

See all construction & real estate special reports

Presentations

Projects trends

Gulf Projects Index 8 April 2014

UAE leads growth in Gulf index Subscription

10 April 2014, 11:06 GMT

Iraq records largest decline in value of projects market in the region

Gulf Projects Index 18 Mar 2014

No change for Gulf Projects Index Subscription

20 March 2014, 17:04 GMT

A static week as gains made in Kuwait, the UAE and Iraq are offset by decline in Iran

Gulf projects index

Iran and Iraq bolster Gulf index Subscription

6 March 2014, 10:47 GMT

Saudi Arabia only GCC country to record rise in value of projects market

See all Gulf Projects Index articles

Projects awards

Arif and Bintoak wins contract for Dubai residential project Subscription

1 April 2014, 12:25 GMT | By

Dubai-based firm to design villas at Jumeirah Village Circle development

Nakheel awards contract for Warsan Village Community Subscription

30 March 2014, 6:31 GMT | By

Local Ginco General Contracting to build 936 townhouses at new community

Balfour Beatty confirms Dubai Mall award Subscription

25 March 2014, 7:46 GMT | By

BK Gulf joint venture company will provide mechanical and electrical services for Dubai Mall extension

Local contractor wins Palm Jumeirah construction deal Subscription

25 March 2014, 7:20 GMT | By

Award of ‘The 8’ construction deal is the latest on Dubai’s iconic man-made Palm Jumeirah island

Carillion in front for more Dubai work Subscription

23 March 2014, 10:04 GMT | By

The W Hotel & Residences will be built on the Palm Jumeirah’s crescent

Nakheel awards three construction contracts worth $152m Subscription

20 March 2014, 6:52 GMT | By

Contractors to perform work on Al-Furjan and International City projects

Local firm wins contract for Tunis Financial Harbour Subscription

12 March 2014, 12:48 GMT | By

Infrastructure work to begin on long-delayed project

Arabtec wins townhouse construction contract Subscription

5 March 2014, 10:21 GMT | By

Emaar awards contract for phase one of Reem development

Companies

People

Grigoris Christofides Subscription

28 November 2013, 12:04 GMT

Grigoris Christofides is chief executive officer, Arabtec Construction

Ali Odeh Subscription

28 November 2013, 11:23 GMT

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

Mohammed al-Marri Subscription

28 November 2013, 11:16 GMT

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

James Goettsch Subscription

4 August 2013, 6:14 GMT

James Goettsch is chairman and chief executive officer, Goettsch Partners

Jean Nouvel Subscription

4 August 2013, 6:14 GMT

Jean Nouvel is founder and partner, Ateliers Jean Nouvel

Donna Sultan Subscription

4 August 2013, 6:14 GMT

Donna Sultan is chief executive officer, KEO International Consultants

See all real estate biographies

Tenders

Egypt: Housing Subscription

16 April 2014, 14:20 GMT | By

Construction of 960 housing units

See all real estate tenders

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