Real Estate

Nakheel’s newly launched projects include residential apartments, waterfront developments and retail outlets that will double its leasing stock to more than 36,000 units in five years A number of multi-tower complexes and iconic twin-tower projects were in the limelight at Nakheel’s stand at last month’s Cityscape Global expo in

Damac Properties is poised to hand over 1,500 units at Akoya by Damac, demonstrating its ability to handle large-scale projects Damac Properties, one of the region’s largest luxury real estate developers, will deliver 1,500 units in its flagship master-development Akoya by Damac to investors during the fourth quarter.

The phased Emaar South golf community offers investors a world-class integrated community Global developer Emaar Properties has announced its latest mega-development covering nearly 7 sq m in Dubai South – one of the city’s most sought-after destinations of the future – and in close proximity to the Expo 2020 Dubai site.

Leading Indian construction group Shapoorji Pallonji is all set to enter the UAE real estate scenario as a developer with its first project – Imperial Avenue, a collection of luxury homes in Downtown Dubai. The company, through its various subsidiaries, had been associated with the UAE property sector indirectly for over 40 years.

The UAE witnessed a general slowdown in the real estate market across all its emirates during the first half, due to the cumulative effect of falling oil prices and the resulting cuts to government budgets, according to Asteco, the Middle East’s largest full service real estate company.

MAG Property sets up new unit UAE-based MAG Property Development (MAG PD) has set up a new division, MAG of Life, that will help enhance the quality of life through an innovative wellness concept for UAE residential homes.