Saturday 27 May 2017
 
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residential

Saudi AC market set to grow 8.7pc in five years

Saudi Arabia's air-conditioning market is expected to grow at the compounded annual growth rate of around 8.7 per cent for the next five years, making it a whopping SR7 billion ($1.86 billion) market by 2017. According to expe

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Saudi AC market set to grow 8.7pc in five years

Saudi Arabia's air-conditioning market is expected to grow at the compounded annual growth rate of around 8.7 per cent for the next five years, making it a whopping SR7 billion ($1.86 billion) market by 2017. According to expe

More…

Saudi AC market set to grow 8.7pc in five years

Saudi Arabia's air-conditioning market is expected to grow at the compounded annual growth rate of around 8.7 per cent for the next five years, making it a whopping SR7 billion ($1.86 billion) market by 2017. According to expe

More…

Ellington's Dubai project on track for 2018 launch

UAE-based Ellington Properties has announced that the construction at its new Eaton Place project was progressing rapidly, underlining the company’s growing portfolio to potential buyers, investors and real estate companies.

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Nakheel records $403m net profit in Q1

Nakheel, one of the world’s leading developers, has announced a net profit of Dh1.48 billion ($403 million) for the first quarter of 2017. The Dubai company said the three-month profit was in line with its forecasts.

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Residential tenants witness ‘Golden Age’ in Bahrain

Weakening economic conditions, tapering off in demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry, according to leading real estate consultancy Cluttons.

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Damac to launch luxury apartments at Aykon City

Damac Properties, one of the region’s largest luxury real estate developers, has announced that it is launching new residential units comprising studios, one-, two- and three-bedroom apartments in the east towers within The Residences at A

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Sloanes completes sample floors at Jeddah tower

Saudi-based Sloanes Real Estate Brokers said it has completed the sample floor at its luxurious residential development Bayat Plaza in Jeddah. Strategically located in the business hub of the city, Bayat Plaza will soon be transfo

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KOA launches UAE’s first large-scale upcycling project

KOA, a developer of unique community projects in the UAE, has launched the UAE’s first large-scale upcycling project, Canvas, demonstrating its leadership in the up-and-coming trend that is typically the domain of the design students and l

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Sloanes to hand over Jeddah twin towers by year-end

Sloanes Real Estate Brokers, a subsidiary of the Sabban Group of Companies, said its residential twin-towers project, Bayat Plaza, in Jeddah, Saudi Arabia, is now 90 per cent complete and on schedule for handover to investors by December.  

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