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Dubai’s Emaar announces intention to float Egypt unit on Cairo bourse

Emaar said it would use some of share sale proceeds to fund new developments in Egypt and grow its land bank in the country.

Five luxury homes you can buy for $1m

Property site Lamudi lists five properties in emerging markets around the world that have a price tag of around $1 million.

MAG 5 JV launches new affordable residential tower in DWC

The project, valued at Dhs700 million, will comprise of 1,000 residential units and will be ready for handover by 2018.

Dubai Properties says Arabella Townhouses sell out on launch day

The developer has now launched additional units for sale within the project, which is located in its Mudon community in Dubailand.

Abu Dhabi’s Aldar Q1 Net Profit Rises 36%

The state-linked builder made a profit of Dhs618 million in the three months to March 31.

Dubai Properties Launches Arabella Townhouses In Mudon Project

Sales of the three and four bedroom townhouses will begin on May 16.

Sales At Kingdom Tower, Set To Be World’s New Tallest Building, To Start In 2015

Once completed in 2018, the $1.2 billion Kingdom Tower will be over one kilometre high.

Abu Dhabi’s Aldar Launches Plots For Sale At Nareel Island

The Nareel development, designed for Emiratis, consists of two islands comprising 148 villa plots.

Abu Dhabi’s Property Market: Stable And Slowing

The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.

Dubai Falls In Global Luxury Property Price Rankings As Market Cools

Prime house prices in Dubai fell 1.1 per cent year-on-year in Q1 2015 while showing a 1.9 per quarter-on-quarter decline.

Damac To Launch Mixed-Use Luxury Strip Vista Lux In Akoya

The project will house more than 2,000 hotel apartments and residences.

Dubai’s Emaar Properties Q1 Net Profit Rises 7%

The developer made a net profit of Dhs1.03 billion ($280.4 million) in the first quarter of 2015.

Dubai’s RTA Awards Dhs475m Contract For Mega Bluewaters Island Project

The contract has been awarded to build the bridges linking the project to the mainland.

Nakheel’s Net Profit Rises 115% In Q1 2015

The company attributed the growth in profits to a strong performance by its development business.

Qatar’s Barwa Real Estate Q1 Net Profit Surges

Barwa made a net profit of QAR3.2 billion in the three months to March 31.

Dubai House Prices Down 2-3% In Q1 2015 – Asteco

Rents in the emirate, on average, remained flat during the first quarter of the year, the report found.

Tougher Mortgage Rules Spark Plunge In Riyadh Property Sales -JLL

The number of house sales in Riyadh between the time the new lending limits were introduced and the end of last month fell 70 per cent from a year earlier.

Dubai’s Nshama Launches ‘Safi’, Units From Dhs350,000 In Town Square

The new Safi community will feature studios and one, two and three bedroom apartments.

Dubai’s Meraas Launches Bulgari Residences

The Bulgari Residences project expands upon the May 2014 announcement of Bulgari Resort Dubai.

Revealed: Top 10 Cities With The Highest Skyscraper Rents

Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.

Serbia Seals Deal With UAE Developer For Controversial Belgrade Makeover

Developer Eagle Hills plans to spend $3 billion on building the mega mixed-used Belgrade Waterfront project.

Dubai Q1 Real Estate Transactions Total Dhs64bn, Indians Top Foreign Investors

Indian nationals accounted for Dhs3.040 billion of the total.

UAE’s Tasweek Signs MoU With India’s MAMS Holdings

The deal is eventually expected to lead to a joint venture between the two companies.

Abu Dhabi’s Masdar City Launches Solar-Powered Eco-Villas

The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.

Bloom Launches Dubai Marina Residential Tower

Construction work on the project is set to begin in the first half of this year.

Dubai’s Damac Q1 Profit Falls 38%, Reveals Dividend Plans

The developer made a net profit of Dhs792.9 million in the three months to March 31.

Lower Oil Prices Seen Cooling Abu Dhabi’s Property Sector

Sale prices rose about 24 per cent in 2014 after an increase of 31 per cent in 2013, but rents rose only two per cent in Q1.

Bloom Holdings Launches Park View Project In Abu Dhabi

The project will have a residential building consisting of 234 units and a 188-key hotel.

What To Expect From UAE Real Estate

CBRE Middle East’s MD Nicholas Maclean and head of research Matthew Green, give their insights into the Dubai and Abu Dhabi real estate markets.

Aldar Launches Three New Residential Projects In Abu Dhabi

The developer launched West Yas and Mayan communities on Yas Island while its third project Meera will be located on Reem Island.