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 new identity incorporates an abstracted Arabic letter and the English S to symbolise a beacon for investment and transformation
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
The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn
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
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
The second tap was executed based on investor feedback and inquiries, following extensive roadshows across the UK and GCC
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’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year
The project will include more than 50,000 residential units for more than 250,000 people
Apartments are available for purchase from February 9
Off-plan transactions witnessed a remarkable performance, with a 90 per cent YoY increase recording over 5,000 transactions
The communities will feature over 9,000 residential units, with launches planned for this year
Global Partners Property Fund I focuses on the Dubai build-to-rent housing market with two projects on the Dubai Water Canal
The total number of real estate transactions in 2022 reached 91,507, compared to 84,238 recorded during the previous year
A total of 350 real estate projects are currently being developed in the emirate
The project is due for completion by the beginning of 2026
A total of 122,658 real estate transactions were registered in Dubai in 2022, an increase of 44.7 per cent from 2021
The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience
DLD data showed that 221 plots were sold for Dhs1.18bn, while 1,889 apartment and villa purchases worth Dhs4.93bn were made
Avalon Properties also experienced robust growth during this period, growing its operations across the UAE, covering Abu Dhabi, Dubai, and Sharjah
Investments worth $100m are under consideration in Saudi Arabia
Construction of the project will commence in Q2 2023, with first handovers expected in Q4 2025
Construction work on the project has commenced and is due for completion by the end of 2025
Abu Dhabi can expect to see modest single-digit growth in property valuations and rents across most sectors