Real Estate
Follow the Middle Eastern property boom with expert news and analysis on the real estate sector. See how the regions construction companies and property developers are performing with up-to-the-minute news, video and audio.
Real Estate daily news »
Deyaar postpones distressed fund
Dubai-based developer Deyaar has delayed a Dhs500m ($136.1m) distressed property fund after international investors withdrew Dhs200m previously committed, the National has reported. The company launched the fund last summer to buy distressed properties from its own portfolio as well as other properties, as it looked to boost returns for shareholders. 'It is the wrong time for Deyaar to go out and try to raise the funds from the international community,' the firm's Chief Executive Markus Giebel told the daily.- » Al Mazaya sells Saudi property
- » Egypt's Orascom eyes project in Iraq
- » Mubadala seeks $1.2bn Sowwah Square financing
- » Burj Khalifa closes observation deck temporarily
- » Dubai developers moot lettings model conversion
- » Better Homes opens office in Saudi Arabia
- » Tadawul awards Nikken SR1bn tower contract
- » Al Attar Properties investors served legal notices
- » Drake and Scull wins $51m contract
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Real Estate press releases
Landmark Advisory's Developer Rating indicates deficit of Grade A developers in Dubai and Abu Dhabi
Today, Landmark Advisory released its latest quarterly report which focuses on the 'Developer Rating' of the top developers in Dubai and Abu Dhabi. The quantitative evaluation carried out by a panel of industry revealed a deficit of Grade A developers in both cities. Low ranking developers will contribute to the ongoing price divergence within the asset classes in both markets.- » Cityscape Dubai now 'Global'
- » Promenade retail takes shape at Dubai Sports City
- » King Abdul Aziz International's Hajj Terminal wins prestigious architectural award
- » Dubai Pearl achieves prestigious LEED Gold pre-certification
- » Shaikhani Group unveils new subsidiary 'Shaikhani Developments' in the UAE
- » Rimal completes work in Sun and Sky towers
- » Hadya Abdulateef Jameel Ltd begins hand over of commercial units in Jameel Square Project
- » Arabtec to build Yasmeen Rotana 5-Star hotel in Syria
- » Dubai still most expensive location for office space in Middle East, says DTZ research report
Video Features »
Audio Features »
Analysis
Dubai CBD to feel benefits of Burj Khalifa launch
The world's tallest tower, Burj Khalifa has finally opened its doors following five long years of construction. And, despite the last-minute name change, the presence of the world's tallest tower will deliver direct economic benefits to the emirate of Dubai.- » The Middle East's Tall Towers; where are they now?
- » Burj Dubai opening: pictures from the top
- » Burj Dubai readies for record-breaking launch
- » Lack of data hampers Dubai property market forecasts
- » Saudi real estate sector to exceed $400bn in 2010
- » Dubai apartment prices to come under renewed pressure
- » UAE Cost of Living Report 2009: Accommodation
- » Muted Cityscape ends with industry looking beyond the downturn
- » Dubai's property market still in 'downward phase of the cycle'
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