Dh90 million is the cost of most expensive villa in Dubai
The most expensive property sold in Dubai in 2018 was a villa in Emirates Hills spanning 28,719 sqft built-up area…
Property & Real Estate
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Abu Dhabi’s ADNH signs Dhs1.6bn loan to fund acquisition of Dubai hotels
Abu Dhabi National Hotels (ADNH) has signed a Dhs1.6bn ($435m) loan facility with First Abu Dhabi Bank to acquire a…
Golden Gate inks escrow account deal with KHCB
Golden Gate Developers, a joint venture between Kooheji Golden Gate and Indian real estate groups Ajmera and Mayfair Housing, has…
Agility opens new regional distribution hub in Bahrain in push for GCC expansion
Kuwait’s Agility, one of the top-listed logistics companies in the GCC, has opened a regional distribution hub in Bahrain, as…
Dubai Creek Harbour launches five-star waterfront branded residence
Palace Residences bring a boutique waterfront living experience for residents with branded 1, 2, 3 and 4-bedroom apartments. The homes…
Dubai house prices to drop 5 to 10% more this year
There is potential for residential real estate prices in Dubai to decline by another 5 to 10 per cent this…
Arabtec wins $60m contract to build 352 villas in Dubai
Arabtec Holding announced that its wholly-owned subsidiary Arabtec Construction has been awarded a $60m (AED222m) contract by Dubai Properties for…
London developer targets doubling sales in GCC amid Brexit turmoil
UK real estate developer Regal London aims to double its sales from the GCC over the next five years, with…
Arzan Wealth advises on US real estate loan deal
Arzan Wealth has said that it played a major advisory role on a senior secured loan opportunity in the US,…
KIB sells 4 major Kuwait state properties in auction
Kuwait International Bank said it has successfully sold four state properties at a public auction organised by the bank last…
Middle East's first Banyan Tree residences attracting major international interest
SWEID & SWEID, developers of the first residential project from the Banyan Tree brand in the Middle East and at…
Kuwait's NREC pens $200m Grand Heights Egypt deal
Kuwait's National Real Estate Company (NREC) expects to bank nearly $30m in profit by building a townhouse community in Egypt's…