Fosun International Ltd., a Chinese conglomerate that invests in everything from steel to pharmaceuticals to Club Med, has agreed to buy the office tower at 1 Chase Manhattan Plaza from JPMorgan Chase & Co.…
Dubai government-owned property developer Nakheel said on Sunday it had sold town houses worth about 460 million dirhams ($125.24 million) in…
The United Arab Emirates’ first real estate investment trust plans to sell shares in an initial public offer on the Nasdaq…
Two developers based in the United Arab Emirates say they have signed a deal for a $4.5 billion residential and commercial…
Dubai could soon enforce ammendments to its real estate law intended to hasten procedures for the settlement of property disputes between…
Hasan Abdullah Ismaik, the chief executive of Dubai-based construction company Arabtec, has increased his personal stake in the company to more…
Dubai’s iconic island resort, Atlantis, The Palm, has closed an $880 million syndicated loan, a $30 million increase from its original…
Residential property prices in Dubai are in the midst of another boom, but this time it’s fundamentals – and not speculation…
The low quality in construction labor and raw material used to build several buildings, especially those up for sale, has unleashed…
The heightened economic activity in Dubai has undoubtedly been supported by the recovery of the emirate’s real estate sector, with capital…
Experts have welcomed the creation of International Property Measurement Standards Coalition, the the first global standard for measuring property. Commenting on…
By Asa Fitch and Rory Jones Thousands of people are on the move in the United Arab Emirates as a deadline…
By Parag Deulgaonkar Emirates 24/7 A post on a social networking site by an ‘unknown’ developer launching a new project in Downtown…
The UAE executive spearheading efforts to develop a series of eye-catching ‘underwater hotels’ at locations around the world has revealed the…
The total value of ongoing projects in the GCC region currently stands at $2.62 trillion, with the Kingdom accounting for $875…
The Dubai Land Department has announced that funds invested in the emirates’ real estate market has reached Dh53 billion, with Emiratis…
Emaar Properties, Dubai’s largest developer, on Tuesday, August 7, 2013, issued a second list of property defaulters in its Claren T1…
The UAE’s commercial property sector is back into the reckoning with growing interest from global occupier and investment segments, according to…
Riyadh (Reuters): The Saudi Arabian government awarded $22.5 billion (Dh82.6 billion) in contracts to three foreign-led consortia on Sunday for the…