Real Estate

Emaar shareholders approve 100 percent dividend payout of $2.4 billion

Emaar recorded property sales of approximately AED70 billion, marking a 72 percent increase compared to 2023

Ajman rental transactions hit $1.3 billion in 2024, up 50 percent

Investment contracts reached AED266 million, indicating increased housing demand

Abu Dhabi real estate: 38,700 new residential units set for delivery by 2028 as demand surges

Around 10,800 new units are due to be delivered this year, with another 6,000 in 2026

Dubai Land Department launches ‘Tayseer’ initiative to ease payment of currently overdue service fees

Unit owners can settle outstanding service fees with flexible six-month payment plans through management companies

Malls giant Majid Al Futtaim nets $9.23 billion in revenue for 2024

Growing profits, record cash, and reduced debt bolster Majid Al Futtaim’s strong full-year 2024 financial results

UAE real estate: Leading 2024 project awards with 45 percent share worth $40.6 billion

Dubai's residential sector saw 32 percent sales growth in 2024, reaching $99.9 billion, driven by investor interest

Dubai Land Department launches pilot phase of Real Estate Tokenization Project

Dubai's real estate tokenization sector is projected to reach AED60 billion by 2033

Dubai Municipality launches Home First initiative to enhance housing facilities for Emirati families

Program aims to strengthen family bonds, promote social values and create a sustainable residential environment

Abu Dhabi launches Value Housing Program to drive growth, versatility in real estate market

Program aims to improve the living standards for individuals and families alike in addition to strengthening social integration

Prince Mohammed bin Salman launches the Saudi Architecture Characters Map to celebrate the Kingdom’s architectural heritage

The first phase of Saudi Architecture will target major projects, government buildings and commercial structures in Al-Ahsa, Taif, Makkah and Abha

Sharjah real estate transactions rise to $953 million in February 2025

7,768 real estate transactions were executed last month, with sales accounting for 1,348 transactions

Qatar real estate: Mortgage transactions surge 172.3 percent to $6.91 billion in Q4 2024

Doha recorded 95 deals worth QAR16.4 billion, the highest transaction value in 5 years

Dubai Investments’ net profit before tax up 21 percent at $354 million

Total income for 2024 reached AED4.66 billion, driven by strong performance across the real estate and the investment segment

RAK Properties revenues grow 40 percent to $381 million in 2024

Net profit grew by 39 percent to AED281 million, compared to AED202 million the previous year

Aldar Investment Properties raises $500 million with green sukuk

The issuance was oversubscribed 7.2 times, attracting $3.6 billion in orders

PRYPCO: Redefining the real estate landscape

PRYPCO founder and CEO Amira Sajwani is an inspiration to women to dream and achieve

Sheikh Hamdan approves over 17,000 new affordable homes, boost for legal consultancy in Dubai

The first phase of the project will develop six sites in Al Mueisim 1, Al Twar 1, Al Qusais Industrial 5, and Al Leyan 1

Redefining leadership in a rapidly evolving business landscape

For ANAX Holding chairman Satish Sanpal, entrepreneurial success is about sustaining growth while creating a lasting social impact

Dubai’s real estate sector sees 26.5 percent rise in prices in February 2025: Report

Villa capital values across Dubai's real estate sector grew 2 percent monthly and 30.8 percent annually

Dubai real estate: Residential prices grow 19 percent, office rents climb 9.1 percent in 2024

The number of homes available for sale in the $10 million+ bracket fell 40 percent, down to only 2,491 homes over the last 12 months

Oman real estate: Value of transactions surpasses $480.5 million by end of January

Fees collected for completed legal transactions totaled $18.2 million, reflecting an increase of 5.6 percent

DLD, REACH announce landmark partnership to drive real estate innovation in Dubai and Middle East

DLD supports real estate growth by attracting a specialized U.S. proptech investment fund to Dubai

Ajman construction contracts value surpasses $2.6 billion in 2024, up 62.5 percent

Remarkable growth in comparison to 2023, when it totaled $1.6 billion