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Infrastructure and Property

Infrastructure and Property latest

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island
December 21st, 2025 - 03:09 GMT

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED 5 billion, the contract is the largest awarded for residential in Abu Dhabi in 2025. The contract is for construction of 735 luxury villas, underscoring Modon’s commitment to delivering projects to the highest global standards. Homes will be positioned on the world’s largest man-made hills, rising to heights of 45 and 55 metres respectively – a first for residential developments in the area ...
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The residential sector saw a shift from sales to rentals with significant rental increases recorded on the back of limited supply of rental property in Greater Cairo.
April 24th, 2019 - 08:15 GMT

Report: Cairo's Real Estate Sector Performs Positively in Q1 2019

Residential units in investment areas will now be registered under Abu Dhabi's freehold law.
April 18th, 2019 - 07:30 GMT

Real Estate Law Reform Allows Expats to Own Freehold Property in Abu Dhabi

Jeddah’s hospitality market is likely to witness the delivery of more than 4,000 hotel keys in the coming two or three years.
April 16th, 2019 - 06:46 GMT

Report: Jeddah Property Outlook ‘Positive’ Despite 8 Percent Fall in Prices

Dubai and Abu Dhabi are ranked second and ninth in terms of highest average rental returns.
April 14th, 2019 - 06:47 GMT

UAE Properties Offer One of Best Returns Worldwide

The handing over is to begin at the start of 2021.
April 10th, 2019 - 09:50 GMT

UAE to Transform a Deserted Island Into a Vivid Urban Center

Address Downtown
April 3rd, 2019 - 09:43 GMT

Free Leisure Attraction Tickets for Every Guest At Address Hotels + Resorts in Downtown Dubai

During the event
April 3rd, 2019 - 06:43 GMT

Aldar Named Official Partner for Special Olympics UAE

In the GCC, Saudi Arabia has the largest construction market, accounting for more than 33% of the market share, estimated to be valued at over $850 billion. (Shutterstock)
April 3rd, 2019 - 06:15 GMT

How the Construction Sector Nourishes Saudi Arabia's Economy

During the ceremony
April 2nd, 2019 - 10:37 GMT

RAK Properties Wins the Prestigious DHDA Award

As predicted by pundits, the steady downturn is expected to sustain through 2019 before stabilising in 2020 with recovery expected to start in 2021. (Shutterstock)
March 25th, 2019 - 08:09 GMT

5 Cheapest Areas to Buy Property in Dubai

Rents declined by 10-15 per cent in 2018 compared to 2017. (Shutterstock)
March 21st, 2019 - 09:38 GMT

Declining Expat Numbers Affects Oman's Rental Market

The real estate sector will prosper by 2020 following the implementation of 14 new cities in Egypt which are worth about EGP 388bn. (Shutterstock)
March 19th, 2019 - 07:00 GMT

14 New Cities to Revive Egypt's Real Estate Sector by 2020

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