#Real Estate

Cityscape Global Saudi to debut in September

Cityscape Global 2023: Riyadh hosts world’s largest real estate event

The global event is expected to attract over 180,000 global stakeholders from across the entire real estate ecosystem

ROSHN joins UN Global Compact Image ROSHN

This is the first Saudi giga project to join UN Global Compact

Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world

UAE: Emirate issues new laws to regulate real estate sector

UAE: Emirate issues new laws to regulate real estate sector

The laws aim to help in the development and implementation of plans to drive growth across Umm Al Quwain’s real estate sector

Saudi real estate, infrastructure projects top $1.25tn

Saudi Arabia’s real estate, infrastructure projects hit $1.25tn

NEOM, the $500bn megacity, is progressing rapidly, with $70bn of projects now awarded, 45 per cent of which has been completed

Dubai property transactions value grew 43% YoY in August

Dubai property transactions value grew 43% YoY in August

The city recorded 11,818 real estate transactions last month, a 25 per cent increase in volume compared to 9,450 transactions in August 2022.

How AIX is unlocking Dubai’s investment potential

AIX Investment Group is showcasing Dubai’s potential for real estate investor

From premium residences to ultra modern commercial spaces, the city’s real estate market offers diverse and lucrative opportunities for investors

Here’s how Yardi is revolutionising UAE property market

How Yardi is revolutionising the Middle East’s property market

The growth in the Middle East’s property market is creating opportunities for proptech companies such as Yardi to provide innovative solutions that meet the needs of investors, sellers and end-users

Samana Developers

Dubai real estate: Samana Developers launches Dhs300m ‘Golf Views’ project

The project is scheduled for delivery in Q2 2026

Cityscape Global Saudi to debut in September

Cityscape Global Saudi to debut in September

The four-day programme will host master developers, exclusive showcases of giga projects, as well as B2B real estate services

Dubai business

Dubai trumps Lisbon as top destination for globetrotting executives: Report

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

Roya enters Dubai luxury property market

Roya Lifestyle Developments forays into Dubai’s property market

The property developer aims to redefine contemporary living by offering unparalleled luxury in the heart of the city

Emaar Properties posts Dhs4.9bn in H1 profit, up 15%

Emaar Properties posts Dhs4.9bn in H1 2023 profit

The developer’s group property sales, rose by 14 per cent to Dhs20.2bn

ADIB finances UK real estate assets worth $128m in H1 2023

ADIB finances UK real estate assets worth $128m in H1 2023

The banking group has closed senior financing transactions worth more than GBP650m over the past five years

Dubai Office Market defies global slump Image courtesy Getty Images

Dubai office market defies global slump with influx of tenants

Average rents for prime commercial real estate in Dubai have risen as much as 17 per cent

Abu Dhabi DMT announces H1 real estate transactions Image Abu Dhabi DMT

Abu Dhabi real estate sector records over Dhs46.33bn in deals in H1 2023

Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn

Dubai properties DLD registers transactions worth $77bn in H1 2023 Image Dubai Media Office

Dubai properties: Transactions hit Dhs283bn in H1 2023; DLD reveals top 10 areas

Nine real estate projects worth Dhs4.06bn were completed in H1 2023, according to the Dubai Land Department

Rixos Dubai Islands Hotel & Residences Image Nakheel Rixos

Nakheel launches Rixos Hotel & Residences on Dubai Islands

Along with the Rixos property, Dubai Islands will be home to more than 80 resorts and hotels

Abu Dhabi Real estate FDI see 363 per cent rise in H1 2023 Saadiyat Island_Image courtesy WAM

Abu Dhabi real estate sector attracts Dhs834m in FDI in H1 2023

This represents a robust rise of 363 per cent compared to the same period in 2022

National Housing Company Launches Sadayem Suburb Image credit NHC

Saudi’s NHC launches integrated living project ‘Sadayem’ in Jeddah

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

ADIB introduces Istikrar Image credit ADIB

ADIB launches Istikrar, UAE’s ‘first’ long-term, fixed-rate home finance product

According to the bank, the product’s fixed-rate tenor offers home buyers a worry-free experience, free from any large final payment or unexpected changes in installments

Expo City Dubai reveals key achievements Image WAM_Expo City Dubai.

Expo City Dubai: A look at its key milestones since launch

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

Sharjah’s Arada posts 186% jump in H1 2023 sales

Sharjah’s Arada posts 186% jump in H1 2023 sales

The developer sold 1,616 homes at its communities during the first half of the year

central bank outlines measures to alleviate burden of residential property loans for UAE nationals Image courtesy CBUAE

UAE issues measures to address impact of rising interest rates on property loans for citizens

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

Aldar, IHC, ADNEC merge property, facilities management

Aldar, IHC, ADNEC merge property, facilities mgmt assets

The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000

Dubai’s luxury real estate market is booming. Here’s why

With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market

Real Estate

Guide to capitalise on UAE’s flourishing real estate 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

Abu Dhabi, Dubai property market upbeat on both demand and supply side

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

Proptech

Investing in proptech: How market players are embracing tech-driven solutions

Here are the key developments that have shaped the proptech industry in the Middle East

Talal Moafaq Al Gaddah, senior executive vice chairman of MAG discusses Reserve highlights Image mag Group

How MAG Group’s Keturah Reserve is blending sustainability, wellbeing and luxury 

Talal Moafaq Al Gaddah, senior executive vice chairman of MAG, shines the spotlight on the group’s new and exclusive development, Keturah Reserve, and shares how bio living can have a positive impact on people’s wellbeing

Emaar Unveils The Oasis by Emaar image Emaar

Dubai’s Emaar unveils stunning new $20bn luxe lifestyle destination

A waterfront luxury development, The Oasis by Emaar offers large mansions and villas with stunning views of lakes and canals