The Chinese builder has been working for months to finalise an offshore debt restructuring plan
The findings were based on research conducted by real estate broker Savills, which ranked 20 prime residential markets by their appeal to long-term remote workers
The property developer aims to redefine contemporary living by offering unparalleled luxury in the heart of the city
The Red Sea International Airport is on track to receive its first domestic flights later this year
The developer’s group property sales, rose by 14 per cent to Dhs20.2bn
Average rents for prime commercial real estate in Dubai have risen as much as 17 per cent
The proposed transaction would create one of the largest real estate, hospitality, events and catering platforms in the region
The property giant’s development sales hit a record Dhs11.6bn in the three months to June 30, with 10 new project launches a year to date
Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn
In Kalba, 98 sales transactions were recorded in 21 regions, totalling Dhs54.1m
Nine real estate projects worth Dhs4.06bn were completed in H1 2023, according to the Dubai Land Department
The Mudon community is made up of villas and townhouses, along with retail amenities such as restaurants, shops, and health clinics
The first phase of the collaboration will see the launch of two new waterfront projects in Dubai
Along with the Rixos property, Dubai Islands will be home to more than 80 resorts and hotels
This represents a robust rise of 363 per cent compared to the same period in 2022
The project is part of Abu Dhabi Government’s efforts to develop integrated and sustainable residential neighbourhoods
The sale of properties in Sadayem will begin on Monday, July 24, with the first phase including villas with a starting price of SAR800,000
As it continues to grow, Expo City Dubai will welcome more businesses, SMEs, entrepreneurs, organisations, academic and research institutions in addition to residents who live in its communities
The residential development will feature luxury apartments and townhouses
Downtown Dubai registered the highest sales rate per square foot in the apartment segment of the market, while Palm Jumeirah registered the highest sales rate per square foot in the villa segment
The developer sold 1,616 homes at its communities during the first half of the year
The integrated community comprises six districts spanning 24 buildings and a massive retail boulevard
The city’s real estate sector emerged as the world’s busiest market for luxury properties, surpassing Hong Kong and New York
The emirate’s real estate market has posted its strongest performance for the month of June in a decade
The notice was issued following approval from the Central Bank of UAE’s board of directors, with the measures coming into effect from July 1
The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000
With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market
Real estate investors looking to leverage the boom in the UAE market without committing to a large outlay can use REITs to earn high yields
Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months
Here are the key developments that have shaped the proptech industry in the Middle East