The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years
The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates
A.R.M. Holding CEO Mohammad Al Shehhi talks to us on the company’s growth strategy and its growing real estate portfolio
The company has appointed Michael Zager as its new chief operating officer – Hospitality
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
The buyer, who doesn’t live in the UAE, is planning to build a family vacation home on the property
The sector maintained its high growth momentum recording 38,700 transactions
The property developer plans to continue making healthy investments in its workforce while attracting top global talent to foster more inclusive growth
Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers
The city remains a lucrative luxury property market, where proactive government policy are fuelling demand from buyers and investors alike
The luxury property market has shown no signs of slowing since it surged in 2021
Occupancy across the REIT’s portfolio increased to 85 per cent, reflecting a 13 percentage point increase year-on-year
The rise represents an 8.4 per cent year-on-year increase, and an average annual increase of 13.7 per cent over the last five years
Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment
Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026
The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades
Construction is set to begin this year and is expected to be completed in May 2027
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
The deal is the largest of its kind signed in the Saudi banking industry
The Devmark Group is the exclusive sales and marketing partner for Expo City Dubai’s residential offerings
The growing stature of Dubai as a tourist destination is redefining developers’ strategies
Located in Downtown, the project is set for completion in 2025
The real estate arm of Saudi conglomerate, Rawabi Holding, is looking to be part of the solution on climate change
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
Majid Al Futtaim – Retail’s online sales continued their growth trajectory reporting revenue increase from digital sales by 51 per cent year-over-year
The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn
The rates for mortgages shorter than 20 years remain the same
The involvement of research and advisory in real estate begins ideally at the concept and feasibility study stage of the project
Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches
The second tap was executed based on investor feedback and inquiries, following extensive roadshows across the UK and GCC