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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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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

Ahmad Bin Shafar, Empower CEO.
December 23rd, 2018 - 12:27 GMT

Empower Constructs Permanent 31,250 RT District Cooling Plant at Barsha Heights at a Cost of AED 169 Million

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