Real Estate

Dubai Real Estate Sector Strategy 2033 set to ignite surge in transactions, attract global investments

The strategy seeks to elevate economic impact through enhanced transparency and strategic investment initiatives

Cityscape Global 2024 to welcome over 400 exhibitors with future of living in focus

The organizers have outlined plans to attract institutional investors with $1 trillion in fund value

Aldar net profit surges 52 percent to $1.25 billion as development sales reach $6.53 billion

Overseas and expat resident customer base now accounts for 76 percent or AED15.3 billion of Aldar's UAE sales

Amali Properties breaks ground on ultra-luxury Amali Island

24-villa development at Dubai's The World Islands celebrates 90 percent sell-out, with three of its most valued units sold for AED400 million

Saudi Arabia’s real estate price index rises 2.6 percent in Q3 2024, fueled by residential and commercial growth

The residential sector was the main contributor to this overall increase, experiencing a 1.6 percent annual growth

ADPF partners with Aldar for pensioner discounts, benefits via ‘Darna’

The Darna platform will offer pensioners and beneficiaries customized discounts and promotions

P.O.B1 Properties launches inaugural $56 million Serenova project in Dubai Silicon Oasis

Set for completion in Q2 2027, the project spans across an expansive 7,850 sqm plot

Aldar completes redevelopment of Al Hamra Mall in Ras Al Khaimah

The project is part of Aldar's $272.25 million investment initiative in significant retail locations

Record population growth, falling interest rates boost Dubai property market

The volume of off-plan property registrations in Dubai reached an all-time high, with 32,968 transactions in Q3

Abu Dhabi’s luxury real estate market thrives in Q3 2024

Al Reem Island, Yas Island and Al Raha Beach have consistently ranked among the most popular luxury areas for apartments in Abu Dhabi

Villa on Dubai’s Palm Jumeirah sells for $35.4 million

With a plot area exceeding 17,000 square feet, the villa offers a host of amenities such as a cinema room, indoor and outdoor pools, gym, steam room, among others

Arada introduces $1.36 billion W Residences project at Dubai Harbour, featuring over 400 apartments for sale

This project features a selection of amenities and is situated in one of Dubai’s most sought-after districts

PRYPCO secures $10 million in seed funding led by Shorooq Partners

The seed funding will help PRYPCO scale its operations and expand its offerings

Dubai sets new all-time record in real estate transactions in September: Report

Dubai's real estate market to record a 30 percent year-on-year growth this year

Dubai Holding Asset Management rebrands residential portfolio to ‘Dubai Residential’

This change follows Nakheel and Meydan's integration into Dubai Holding, expanding Dubai Residential’s offerings 

Modon sells out phase one of Maysan project on Reem Island within hours

The overall design of the over-600,000-square-meter project is inspired by boutique-style inside/outside living

Saudi Arabia’s PIF launches Sarcc to meet growing staff accommodation demand

Company will foster the Saudi private sector by enabling long-term investment and partnership along the industry's value chain

TECOM Group acquires Office Park in Dubai Internet City for $196 million

Currently generating annual revenue exceeding AED60 million, TECOM Group will recognize this income starting Q4 2024

Key trends shaping Abu Dhabi’s property market in Q3 2024

Al Reef, Al Ghadeer, and Masdar City emerged as key locations among those looking to purchase affordable apartments in Abu Dhabi

Dubai real estate trends: Most popular areas to buy and rent property in Q3 2024

Dubai recorded an 11.19 percent increase in total sales transaction volume compared to Q2 2024

DLD, Dubai Courts, Digital Dubai to develop centralized platform for real estate auction information

Agreement also includes launching awareness campaigns about auctions, and offering incentives to attract and encourage companies to participate in them

Gitex Global 2024: Sharjah Digital Department launches integrated real estate platform for multi-channel access

"Aqari" digitizes real estate transactions to boost transparency and economic growth in Sharjah with a centralized database