Tuesday 26 September 2017
 
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Housing

Distribution of 162 residences in Al Ain ordered

Abu Dhabi will distribute 162 housing units to citizens in Al Shuaiba residential project in Al Ain as part of an initiative to initiative to provide adequate housing for nationals, a report said. The distribution is in accordance

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Red Sea Housing, Aecom enter Saudi modular housing deal

Red Sea Housing Services (RSHS) and Aecom have signed a memorandum of understanding (MoU) to collaborate in delivering innovative, modular affordable housing solutions on fast track basis for the Saudi Arabian market.   While

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Araco confirmed to design Abu Dhabi housing project

Abdul Rahim Architectural Consultants (Araco), a leading design and project management consultant in the UAE, has been selected to provide design and consultancy services for Abu Dhabi Housing Authority’s (Adha) Bayti initiative.

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Lootah to build massive housing project in Dubai South

The UAE-based Lootah Real Estate has signed a deal with Dubai South to develop more than one million sq ft of housing units at the development's residential district. The project, which is a joint venture between Lootah Real E

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Abu Dhabi rolls out new affordable housing plan

Abu Dhabi City Municipality (ADM) has announced an initiative which aims to provide high-quality and affordable accommodation for low-income groups in the emirate. It enables individual landlords, developers and investors to const

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Kuwait awards $709m infrastructure project deal

The Kuwaiti government has awarded infrastructure projects worth KD215 million ($709 million) in the South Matlaa area of the country, said a report. A Chinese company has been roped in for the development works including the cons

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Dubai residential prices fall 3.7pc in Q1

Dubai's residential property prices fell 3.69 per cent during the first quarter (Q1) of the year, an improvement from the price decline of 9.26 per cent a year earlier, a report said. House prices fell 2.4 per cent during the

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Saudi Arabia approves new designs for 100,000 homes

Engineering designs for 100,000 housing units that will cater to Saudi Arabia's middle-income earners have been approved by the Saudi Ministry of Housing, said a report. The projects, designed by Egyptian property developer Al

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Abu Dhabi approves $653m housing loans

The Abu Dhabi government has announced plans to issue a new batch of housing loans worth Dh2.4 billion ($653 million) to 1,250 beneficiaries in the emirate as part of its initiative to provide all the necessities for a dignified lifestyle and ap

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UAE inflation edges up to 2.2pc during January-May

The inflation rate in consumer prices in the UAE during the first five months of 2017 stood at 2.2 per cent, according to Statistics Centre - Abu Dhabi (SCAD), a report said. The relative change rate in consumer prices during May

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