• Saudi developer Tashyid appoints IHG to operate 12 Holiday Inn Express hotels across Saudi Arabia

    Dubai, UAE Saudi Arabia-based developer Tashyid for Hotel Operations has signed an agreement with the InterContinental Hotels Group (IHG) PLC, to operate 12 Holiday Inn Express Hotels with 2,500 keys across Saudi Arabia, which will help the Kingdom achieve the Saudi Vision 2030. “IHG® Hotels & Resorts, one of the world’s leading hotel companies with more […]

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  • Deyaar appoints main contractor for Dh515 million Tria project

    Dubai, UAEDeyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has announced the appointment of the main contractor for the Tria project, a unique luxury residential tower in Dubai Silicon Oasis (DSO). The total cost of the project is Dh515 million, and once completed in 2025, the 32-storey luxury residential […]

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  • Total real estate projects value in the GCC exceeds US$1.36 trillion

    Dubai, UAE Total value of real estate projects planned or underway in the GCC currently stands at US$1.36 trillion, according to a report by CB Richard Ellis, a global real estate advisory.  Of this, Saudi Arabia accounted for 64.5 percent of this total, equating to around $877 billion worth of projects. This is followed by the UAE, where […]

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  • Danube Properties launches and sells out five projects with 2,087 homes worth Dh2.02 billion in 2022

    Danube Properties delivered 1,338 units in Lawnz and Elz projects, worth Dh680 million and awarded construction contracts for four projects in 2022. The developer recently unveiled the the Dh1.4 billion Viewz project Press Release News Highlights: Danube Properties is scheduled to deliver three projects – Olivz, Wavez and Jewelz – in 2023 involving 1,308 units […]

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  • Real estate transactions value reached Dh5.1 billion in a week in Dubai

    Dubai: The total value of real estate transactions in Dubai reached Dh5.1 billion in the week ending 08 April 2021. The number of transactions reached 1,379. As many as 89 plots were sold for Dh512.58 million, 874 apartments and villas were sold for Dh2.35 billion. The top three transactions were a land in Saih Shuaib […]

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