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Sheikh Shakhbout Medical City project is near completion: Musanada

Abu Dhabi General Services company (Musanada), in cooperation with Abu Dhabi Health Services company (SEHA), has announced that work on the Sheikh Shakhbout Medical City project is progressing as planned. The company is following a specific and clear schedule to deliver this vital project in line with highest international standards and specifications in coordination with…

Dubai South, Deyaar reveal new mixed-use project

Spread across 1.27 million sq feet, the new project will be located within the Dubai South master-development Dubai developers Deyaar and Dubai South have signed a memorandum of understanding (MoU) to develop a new multi-purpose project in the emirate. The new project, spread across an area of 1.27 million sq feet within the Dubai South…

Dubai’s brokers netted Dh1.5b in commissions last year

They did so from 32,932 transactions the market recorded during the period Dubai: The property market may not have been operating at full throttle, but Dubai’s brokers still managed to put in Dh1.5 billion in commissions during 2016. This they achieved from 32,932 transactions, according to data from Dubai Land Department. The Dh1.5 billion describes…

Dubai set to get first ‘floating’ homes, restaurants by year-end

Admares has started work on phase 1 of $272m Marasi Business Bay Finland-based Admares has said it will transport the first “floating” homes and restaurants in Marasi Business Bay project on Dubai Water Canal by year-end. In May 2016, Dubai Properties Group, a subsidiary of Dubai Holding, launched the $272 million (AED1 billion) project comprising…