Real Estate

DAMAC Properties named official palladium sponsor for YPO’s 2024 Global Business Summit

Three-day summit in November to gather 1,000 global YPO members in Dubai

Dubai South grants $40.83 million construction contract for ‘South Living’ project

The project is set for completion by Q1 2027, with 209 units, including studios and 1- to 3-bedroom apartments 

Sharjah’s real estate sector sees $762.3 million in transactions during August

Sharjah witnessed 1,054 real estate sales transactions, accounting for 34.5 percent of the total

Dubai, Abu Dhabi top 2024 global real estate transparency index regionally

Dubai has retained its position as the only property market in the MENA region to feature in the 'Transparent' tier

Saif Al Ghurair Real Estate Group launches P.O.B1 Properties

The name is inspired by the group’s unique mailing address, P.O. Box 1

Binghatti unveils $1.1 billion ‘Ghost’ project in Al Jaddaf

The new project will feature a total of 770 residential units and six premium retail shops

Dubai to welcome 22 floors of sustainable luxury living with $54.4 million upcoming residential development

Loutraki International is investing in Dubai’s real estate market through the Santorini Residences project

Aldar launches canal-front Yas Riva villa community on Abu Dhabi’s Yas Island

As many as 151 canal-front and canal-accessible villas will be available to buyers from September 13, 2024

Dubai’s real estate market sees 40.8 percent rise is sales value to $13 billion in August

Apartment sales across Dubai’s real estate market rose 37.6 percent annually to 12,268 with a value of AED23.5 billion

UAE to host major global events in September: All you need to know

The DIFC will host the inaugural Dubai AI & Web3 Festival on September 11-12 at Madinat Jumeirah

DAMAC Properties expands into Ras Al Khaimah with ‘Shoreline’ luxury project

The 17-storey beachside residence features 1-, 2-, and 3-bedroom units and duplexes

Oman’s real estate transactions hit $4.41 billion by end of July 2024, up 6.4 percent

The total value of sales contracts reached OMR631.3 million during this period

Tourism surge, evolving preferences raise demand for short-term rentals in Dubai by 30 percent

Business Bay, Arjan, Jumeirah Village Circle, Downtown Dubai, Palm Jumeirah and DAMAC Hills are particularly popular for short-term stays

Dubai’s TECOM Group unlocks $544.5 million in growth opportunities with strategic acquisitions, new development

AED1.7 billion strategic plan raises TECOM Group’s portfolio of high-quality commercial assets to over 10 million square feet of gross leasable area

Falling interest rates drive 87 percent of GCC investors to eye U.K. in 2024: Survey

73 percent of Saudi investors have considered investing in U.K. property and 75 percent are eyeing Birmingham or Manchester

First residential Abu Dhabi Rental Index launched to support capital’s growing property market

Platform offers easily accessible and reliable data for residential, commercial and industrial properties

Emerging markets and the growth of branded residences  

Dubai positions itself as a global hub for this segment 

Spreading her wings: Amira Sajwani on continuing a family legacy

Ventures into her own with innovative new ideas, while being deeply rooted in the family’s core business and strengths

Growing GCC interest drives $3.66 billion real estate market in Oman

The number of properties registered to GCC citizens surged by 5.2 percent to 666, compared to 633 in 2023 

Sustainability and the future of commercial real estate in Dubai

The real estate sector has a major role to play in helping improve sustainability and combating climate change

Abu Dhabi’s real estate FDI jumps 225 percent to $893 million in H1 2024

During the first half of 2024, Abu Dhabi recorded 12,439 real estate transaction activities with a value of AED36.2 billion