Property Watch

DAMAC Properties provides opportunity to own a Stone Villa in a Golf Community with launch of Hajar Phase 2 Following the successful launch of Hajar Villas Phase 1 in March, DAMAC Properties, a leading luxury real estate developer in the region, today released Hajar 2, a further collection of premium, contemporary stone villas representing a rock-solid investment. Hajar Villas will go on sale in Dubai on…

Rak Properties reports Stellar first quarter profits RAK Properties PJSC, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, has reported increased profits during the first three months of this year, with revenues in excess of AED115 million between the months of January to March 2017. The reported January – March end…

Nakheel to bring 704 hotel rooms and apartments to Dubai under new partnership with Hilton Master developer Nakheel has inked a double deal with global hospitality giant Hilton to bring 704 new hotel rooms and serviced apartments to Dubai. The two companies signed a management agreement for Nakheel’s 254-room property at Jumeirah Village Triangle and a Letter of Intent for a new hotel…

Sheikh Mubarak Al Sabah Hailed Industry Pioneer at Arabian Hotel Investment Conference His Excellency Sheikh Mubarak A M Al Sabah, founder and chairman of Action Hotels has been acknowledged by the region’s hospitality sector after receiving the signature Industry Pioneer award presented by His Highness Sheikh Ahmed bin Saeed Al Maktoum at the Arabian Hotel Investment Conference…