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Infrastructure and Property

Infrastructure and Property latest

Aldar Increases Its Stake in Aldar Estates, the Region’s Largest Integrated Real Estate Services Company
September 23rd, 2025 - 06:25 GMT

Aldar Increases Its Stake in Aldar Estates, the Region’s Largest Integrated Real Estate Services Company

Aldar has further consolidated its position in the Aldar Estates platform by increasing its ownership to 82.55% following the acquisition of Modon Holding’s 17.45% indirect stake in the business (held through its wholly owned subsidiary ADNEC Group). Through strategic acquisitions and strong organic growth, Aldar Estates has become the region’s largest integrated real estate services company with over AED 3 billion worth of active contracts. The platform manages more than 155,000 residential units, which is a 15% increase in the past two years, and has doubled prime retail and commercial ...
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According to the agreement signed with the housing authority, anticipating the total number of housing units will be between 5,000 to 6,000. (Shutterstock)
January 18th, 2019 - 06:30 GMT

Chinese Contractor to Deliver 6,000 Housing Units in Kuwait

Property sales to foreigners posted an annual hike of 78.4 percent to reach 39,663 houses. (Shutterstock)
January 17th, 2019 - 09:07 GMT

Over 1.37 Million Houses Sold in Turkey in 2018

The only month where sales went slightly up was December, when a 4 per cent increase in sales brought in JD450 million for the sector. (Shutterstock)
January 13th, 2019 - 10:29 GMT

Jordan's Housing Sector Plummets 13 Percent in 2018

More than 63,000 homes are estimated to be delivered in Dubai in 2019. (Shutterstock)
January 10th, 2019 - 11:13 GMT

2019 Means Cheaper House Rents in Dubai

Dubai
January 9th, 2019 - 12:33 GMT

Completed Units Continue to Prove Popular Due to Increased Affordability

A range of genres in several languages will be available
January 8th, 2019 - 12:53 GMT

Month-Long Book Festival to Take Place at Manar Mall

The Palm Tower
January 8th, 2019 - 12:31 GMT

Swim With a View: Nakheel Starts Work on Palm Tower Rooftop Infinity Pool – 210 Metres Above Ground

Market likely to hit the bottom in a few months and pick up before Expo 2020. (Shutterstock)
January 8th, 2019 - 09:06 GMT

Dubai Real Estate Prices to Drop Down by 10 Percent

Many were forced to cut their prices by 15-20 percent to attract buyers, yet even that did little to improve the property market. (Shutterstock)
January 8th, 2019 - 08:01 GMT

Report: Real Estate Sales in Lebanon Plummets in 2018

Solidere suffered further losses in the first half of 2018 as the firm was forced to put more provisions in place for bad loans, according to auditing company Deloitte. (Shutterstock)
January 7th, 2019 - 08:47 GMT

Lebanese Real Estate Development Giant Reports $100 Million Loss in First Half of 2018

Visa reforms and proposed regulations improve buyer sentiment. (Shutterstock)
December 26th, 2018 - 08:09 GMT

The UAE Real Estate Market 2018 in a Nutshell

A miniature snapshot of what the Heart of Europe project will look like from a bird’s-eye view upon completion. (photos by Ziyad Alarfaj/Arab News)
December 24th, 2018 - 08:27 GMT

Heart of Europe Sold for Dh 1.5 Billion

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