Real Estate

Dubai’s Q1 luxury residential segment records $1.73 billion in sales: Report

In the first three months of 2024, 105 homes priced above $10 million were sold in the emirate

Embracing new opportunities amid shifting global economic dynamics

Insights into economic trends, entrepreneurial efforts driving growth in UAE and KSA

Abu Dhabi approves $593.62 million housing package for 1,502 citizens

The housing benefits package includes housing loans, ready-built houses, and grants for residential land

Dubai South awards $408 million contract for new phase developments

Al Kharafi Construction Company to build phases 3,4 and 5 of the project

Abu Dhabi: Q1 2024 records $4.32 billion in real estate transactions

The emirate recorded a total of 2,919 sales and purchases transactions in Q1 2024

Abu Dhabi’s Jubail Island launches Bada Al Jubail, a $1.08 billion development

The development spans over 446,000 square meters of land, boasting 8 kilometers of beachfront

Emirati brokers to get 10-15 percent quota in projects as DLD signs agreement with top property companies

Agreement to enhance competitiveness of Emirati professionals and facilitate their role in real estate sector

Sheikh Khaled approves $953 million Yas Canal residential project in Abu Dhabi

The project is expected to be completed in the last quarter of 2027

Record-breaking sales of $680.75 million for Dubai’s Casa Canal project

The company has so far sold 80 percent of its new iconic project

GCC real estate sector to grow with projects worth $1.68 trillion in 2024: Report

GCC infrastructure supports economic diversification and bolsters real estate activity

Abu Dhabi records $23.7 billion in real estate transactions in 2023

The emirate saw 9,448 newly registered investors and 1,098 non-resident investors last year

Real estate transactions in Oman surpass $539 million by January 2024

Oman’s real estate deals surged to $6.7 billion in 2023

Nakheel and Meydan to merge under Dubai Holding, announces Sheikh Mohammed

The board of directors of both Nakheel and Meydan will be abolished

Construction begins on Al-Urubah Park, Riyadh’s largest green space project

More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area

Oman reveals $1.3 billion waterfront project in Muscat Downtown

The 3.3 million sq m project has been designed by Zaha Hadid Architects

UAE construction market grows to $94 billion in 2023: Report

Increased investments in transport and renewable energy infrastructure to boost growth in the sector

Qatar’s real estate sector records deals worth $4.59 billion in 2023

Property ownership reforms and attractive mortgage loans drive growth

UAE: Sheikh Zayed Housing Program approves 460 aid applications worth over $95 million

The ministry approved the names of 188 eligible citizens for housing grants totalling $35 million

Game changer: Amira Sajwani takes complexity out of real estate transactions

Seeks to further revolutionize the industry as she builds her own legacy

DAMAC’s Cavalli Tower on target for completion

With a development value of approximately AED2 billion, Cavalli Tower comprises 436 units

Consortium led by Abu Dhabi’s ADQ to invest $35 billion in Egypt

ADQ will acquire the development rights for Ras El-Hekma, a coastal region in Egypt