Tuesday 21 April 2015
 
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real estate

Real estate professionals see 9.6pc jump in salary

The average base salary of regional real estate professionals is Dh44,559 ($12,130) per month in 2015 as compared to the Dh40,641 ($11,062) per month figure posted in 2014, marking an increase of 9.6 per cent, a report said. Macdo

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Emaar re-elects Alabbar as board chairman

Dubai-based real estate developer Emaar Properties has re-elected Mohamed Alabbar as the board chairman, as the company gears up for its next level of growth with ambitious joint venture projects worth Dh200 billion ($55 billion) in Dubai.

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Fashion TV targets the Gulf for branded properties

Fashion TV, a French-based fashion and lifestyle broadcaster, is eyeing the GCC to launch its brand of hotels and residences. Targeting investors and real estate developers interested in branding their projects, Fashion TV present

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Sedco projects vie for top Cityscape awards

Sedco Development, a property developer based in Jeddah, Saudi Arabia, said two of its projects have been shortlisted for the Cityscape Jeddah Real Estate Awards. The first is ‘Galleria’, a project inspired from Italia

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Jeddah real estate records steady Q1 growth

The real estate market in Jeddah, Saudi Arabia, experienced upward growth during the first quarter with the retail and hotel industry emerging as the top performers, said a report. The residential sector too witnessed growth durin

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Dubai Properties’ townhouses sold out at property show

Dubai Properties, a leading UAE-based real estate developer, said it has successfully sold out all the four-bedroom townhouses at Mundon, its upscale gated development in Dubai, UAE. A company renowned for its contemporary mixed-u

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Swicorp closes Saudi real estate fund deal

Swicorp, a leading asset management, private equity and investment banking firm with a specific regional focus on the Middle East and North Africa (Mena) region, has joined hands with Saudi-based urban development company Retal to raise funds fo

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Kuwait's real estate sales down for third month

The sales in Kuwait’s real estate market plunged for the third consecutive month in February to KD221 million ($734 million), down 17 per cent year-on-year (y/y) compared to the same month last year, said a report. The short

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Dubai Properties set for top real estate show

Dubai Properties, leading real estate developer, will be announcing attractive offers for its extensive project portfolio at the International Property Show which opens tomorrow (March 30).   Its four prominent developments w

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Saudi land tax unlikely to hurt business: Dar Al Arkan

Dar Al Arkan Real Estate Development Company, one of Saudi Arabia's largest listed property firms, said a planned tax on undeveloped land was unlikely to be applied to its huge land bank or push the kingdom's land prices down sharply.

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