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Real Estate


Real estate projects news

Construction at Dubai Parks & Resorts theme park development in the Jebel Ali area of Dubai

Dubai Parks & Resorts reaches 45 per cent on network utilities work Subscription

24 November 2014 | By

Remaining packages awarded by end of 2014

Hospitality Management Holdings signs contract with Mobarak Hotels to operate Coral al-Medina hotel in Saudi Arabia

Hospitality Management Holdings signs contract with Mobarak Hotels Subscription

19 November 2014 | By

Saudi firm to operate Coral al-Medina hotel in kingdom

If the scheme moves ahead, the Bahraini government wants to encourage the use of hydroponics

Bahrain plans green belt development

18 November 2014 | By

Initiative awaiting government sign-off


Action Hotels to open third property in Kuwait Subscription

17 November 2014 | By

The hotel will require a total investment of $41.3m

Dubai Media City in Dubai, the UAE

Tecom Butterfly Project due for completion in late 2015 Subscription

11 November 2014 | By

Al-Sahel have started work on Dubai Media City office development


Gulf Related to open Abu Dhabi mall in 2018 Subscription

10 November 2014 | By

Developer broke ground on scheme on 10 November

Qatari Diar has signed an agreement with Oman's Tourism Ministry to develop Ras al-Hadd, a multi-use eco-themed tourism project

Qatari Diar signs deal to develop Oman Ras al-Hadd project Subscription

6 November 2014 | By

Eco-tourism scheme will cover 2 million square metres

District cooling

Dubai prepares Mirdif and Al-Khail district cooling consultancy Subscription

6 November 2014 | By

Temporary cooling will be replaced in Ghoroob and Shorooq

Bluewaters development

Meraas appoints contractors for Dubai building work Subscription

5 November 2014 | By

Construction contracts cover Bulgari hotel, Bluewaters and Nikki Beach Resorts

Mall shopping in Doha, Qatar

Contractors extend bid bonds for Qatar mall Subscription

4 November 2014 | By

Bid offers for Doha Marina Mall were submitted in late April

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Market news

Hospitality sector: Faithful & Gould worked on the Burj al-Arab in Dubai

Faithful & Gould appoints new regional hospitality head Subscription

19 November 2014 | By

Appointment is part of UK company’s efforts to expand into tourism sector

Local developer Nakheel and Souk Residences have reached an agreement over their Palm Jumeirah Golden Mile dispute

Nakheel and Souk Residences reach agreement Subscription

17 November 2014 | By

UAE developer will assume ownership of unsold units on Golden Mile in Palm Jumeirah


Aabar acquires stake in Egyptian real estate firm Subscription

10 November 2014 | By

Abu Dhabi-based company invests in Palm Hills Developments

Convention Centre, Oman

Oman tourism efforts paying off Subscription

5 November 2014 | By

Visitor numbers show 11 per cent increase in 2014

Premier Inn

Premier Inn focuses on GCC expansion Subscription

23 October 2014 | By

More than 100 hotels projected over 20 years, seven announced, four in negotiations

In Abu Dhabi, new buildings must have a rating of at least one pearl and all government buildings must achieve a minimum of two

Lowest price wins must end for contract awards Subscription

21 October 2014 | By

Focus on cheapest bid hampering sustainable building development  

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

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Real estate trends

Hi-tech: The Passivhaus features many environmentally friendly technologies

Doha Passivhaus sets green building standard Subscription

5 November 2014 | By Paul Melly

An environmentally friendly villa built as a pilot scheme in Qatar is setting a precedent in the GCC green building industry

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

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MEED comment

Dubai creek

Dubai returns to the creek

30 October 2014 | By

New waterfront developments are being built in Old Dubai

Meydan's reputation for cashing in bonds has not stopped it from attracting bids from seven of the region’s leading contractors for its new Entisar Tower project on Dubai’s Sheikh Zayed Road

Contractors try to forget clients cashing in bonds

23 October 2014 | By

Even clients with reputations for treating firms unfairly are attracting bids as Dubai’s property market continues with its resurgence

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 Subscription

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’

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Special reports


Rethinking Egypt's cities

4 May 2014

Egypt rises to the urban development challenge


A Guide to GCC Construction Subscription

4 May 2014 | By

Resources tighten on construction sector rebound


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

See all construction & real estate special reports


Projects trends

Gulf Projects Index

Gulf index falls back to September levels Subscription

30 October 2014

UAE and Qatar record biggest declines in value of projects markets

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

See all Gulf Projects Index articles

Projects awards

Bluewaters development

Meraas appoints contractors for Dubai building work Subscription

5 November 2014 | By

Construction contracts cover Bulgari hotel, Bluewaters and Nikki Beach Resorts

District cooling

Drake & Scull wins Abu Dhabi district cooling deal Subscription

3 November 2014 | By

Work involves installing a network serving a housing complex


Living Legends Dubailand wastewater contract awarded Subscription

30 October 2014 | By

Metito wins deal for sewage treatment plant

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


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

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Meet the analyst

Colin Foreman
News Editor

Phone: +971 (0)4 818 0238

Latest comment

See all articles written by Colin Foreman


Egypt: Tower construction Subscription

15 November 2014 | By

Construction of four towers

See all real estate tenders

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