#Real Estate

Azizi Developments

Azizi Developments enters hospitality sector; announces launch of global hotel brand

The company has appointed Michael Zager as its new chief operating officer – Hospitality

Knight Dragon’s Sammy Lee

How Knight Dragon plans to revolutionise Saudi Arabia’s real estate landscape

The developer shares the same vision as the authorities in Saudi Arabia and the company plans to open an office in Riyadh in Q4 2023

Bay Island

Dubai’s Jumeirah Bay Island plot sells for $34m, sets new record

The buyer, who doesn’t live in the UAE, is planning to build a family vacation home on the property

Dubai real estate

Here’s how much Dubai’s real estate sector recorded in Q1 2023

The sector maintained its high growth momentum recording 38,700 transactions

Emaar Properties dividendsEmaar Properties dividends

Emaar Properties approves dividends equal to 25% of share capital

The property developer plans to continue making healthy investments in its workforce while attracting top global talent to foster more inclusive growth

Dubai property market Morgan Stanley

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers

luxury real estate

Why Dubai’s luxury real estate market is a haven for investors

The luxury property market has shown no signs of slowing since it surged in 2021

Aldar unveils the Source

UAE’s Aldar Properties unveils homes dedicated to health and wellbeing

Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026

Sheikh Zayed Housing Programme

Sheikh Zayed Housing Programme approves Dhs298.7m in aid

The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades

Design Quarter D3 EXT 01

Meraas launches Design Quarter at d3, offers hub’s first luxury residences

Construction is set to begin this year and is expected to be completed in May 2027

Anna Skigin CEO of Frank Porter, on why people prefer short-term lets over hotels

Insights: Why people are choosing short-term lets over hotels 

Short-term lets have increased by more than 100 per cent in the emirate since the Dubai government relaxed laws around private property owners letting their homes out on Airbnb

SRC Alrajhi Bank Signing ceremony

Saudi’s SRC, Alrajhi Bank sign landmark refinancing deal

The deal is the largest of its kind signed in the Saudi banking industry

Expo City Dubai Duet Villas Valley View

Sales for two Expo City Dubai residential communities now open

The Devmark Group is the exclusive sales and marketing partner for Expo City Dubai’s residential offerings

How hospitality is reshaping Dubai's real estate landscape

How hospitality is reshaping Dubai’s real estate landscape

The growing stature of Dubai as a tourist destination is redefining developers’ strategies

St. Regis Residences

Over Dhs1bn in sales achieved at launch of St. Regis Residences, reveals Driven Properties

Located in Downtown, the project is set for completion in 2025

Cover story: How Magnom Properties is keen to invest in the future

The real estate arm of Saudi conglomerate, Rawabi Holding, is looking to be part of the solution on climate change

Shurooq unveils new identity

Sharjah’s Shurooq launches new visual brand identity

The new identity incorporates an abstracted Arabic letter and the English S to symbolise a beacon for investment and transformation

DHAM - Ahmed Al Suwaidi, Managing Director – Residential Communities, Dubai Holding Asset Management

Dubai Holding Asset Management’s Ahmed Al Suwaidi showcases the company’s tenant-centric focus

The managing director – Residential Communities shares how DHAM offers a broad spectrum of communities that cater to the needs of Dubai’s residential leasing landscape

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn

The role of research and advisory in real estate

The involvement of research and advisory in real estate begins ideally at the concept and feasibility study stage of the project

Dubai's Emaar announces net profit rise of 80% to Dhs6.8bn, riding on record property sales

Dubai’s Emaar sees 80% net profit rise to Dhs6.8bn, supported by record property sales

Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches

How Dubai's AIX Investment Group is forging sports partnerships to propel growth

Cover story: How Dubai’s AIX Investment Group is forging sports partnerships to propel growth

Establishing alliances beyond the traditional realm of finance are expected to yield promising returns for the advisory firm. And the returns may not be only monetary in nature

Arada raises$50m from second tap of existing $450m sukuk

Sharjah’s Arada raises $50m from second tap of existing $450m sukuk

The second tap was executed based on investor feedback and inquiries, following extensive roadshows across the UK and GCC

TECOM Group - Dubai Internet City

Tecom Group records 28% rise in net profit to Dhs725.6m in 2022

The revenue for 2022 rose by 12 per cent YoY to Dhs1.97bn due to a significant increase in new customers and the delivery of new built-to-suit projects

Aldar HQ _ the company recorded 3.1bn in net profit for 2022

Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022

Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year

National Housing Company CEO

Saudi Arabia’s National Housing Company announces Al-Fursan Suburb project

The project will include more than 50,000 residential units for more than 250,000 people

Aldar Manarat Living

Aldar unveils Manarat Living on Saadiyat Island in Abu Dhabi

Apartments are available for purchase from February 9

Property Finder data on Dubai-real-estate-courtesy-Dubai-Media-Office

Dubai real estate: Sales transactions record over 128.5% YoY rise in Jan, reveals Property Finder

Off-plan transactions witnessed a remarkable performance, with a 90 per cent YoY increase recording over 5,000 transactions

Aldar-announces-JV with Dubai Holding

Aldar signs strategic JV with Dubai Holding, enters Dubai real estate market

The communities will feature over 9,000 residential units, with launches planned for this year

Global Partners Property Fund I (CEIC),  a qualified investor fund based in the DIFC, raises $212m

DIFC-based build-to-rent property fund raises $212m from US, European and Dubai investors

Global Partners Property Fund I focuses on the Dubai build-to-rent housing market with two projects on the Dubai Water Canal