#Real Estate

damac properties us miami

Dubai’s Damac Properties makes US entry by winning $120m bid in Miami

The property in the Miami neighbourhood of Surfside will offer residents direct beach frontage and access to South Beach and Bal Harbour

Pupil ASME

AI specialist Pupil acquires ASME to expand in the UAE

Founded in 2008, ASME is a UAE-based company that specialises in all elements of property measurement

dubai real estate

Mo’asher: Dubai records 6,983 real estate sales transactions in April 2022

It marked a 45.5 per cent increase over the month of April 2021

SPID Houlihan Lokey Imperial Avenue

Houlihan Lokey raises around $200m for Shapoorji Pallonji for project in Downtown Dubai

Imperial Avenue, a 45-floor residential tower, is Shapoorji Pallonji’s flagship real estate project in the UAE

union properties

Shareholders of Dubai developer Union Properties approve continuity of company

The company board affirmed its support for legal action against the previous management

Sobha MD_Francis Alfred

Sobha Realty’s Francis Alfred on the demand for luxury properties in Dubai

The MD of Sobha Realty shares how the property developer is leveraging the positive trends in the market to benefit both its business and buyers

Property market Abu-Dhabi-e1645007828300

Abu Dhabi: Property market transactions reach Dhs11.3bn in Q1 2022

The UAE capital’s property market recorded 3,304 transactions, with Yas Island topping the list followed by Al Saadiyat Island and Al Reem Island

Metaverse mansion concept - union Square House

Union Square House to launch metaverse mansions in the MENA region

Real estate sales in the metaverse reached $500m in 2021 and it’s projected to grow at a CAGR of 31 per cent from 2022 to 2028

damac metaverse

UAE’s Damac Group to invest $100m in metaverse project

Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative

Rawabi Holding launches real estate vertical

Saudi’s Rawabi Holding expands into real estate

Rawabi Holdings has established Magnom Properties, the real estate vertical of the company, to oversee the construction of projects in the MENA region

by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved

Data is oil, says Antonello supino

Bayut & dubizzle’s Antonello Supino on harnessing the power of data

Bayut & dubizzle’s director of Data says proptech is reshaping the ways real estate is bought, sold, leased, managed and marketed

Seven Century Real Estate Brokers’ Naghmeh Sheikholeslami on the quarter’s key property trends

The CEO of Seven Century Real Estate Brokers, one of the top five DLD gold-ranked agencies in Dubai, shares how her company is leveraging the latest property trends

Investcorp sets up infrastructure investment platform in North America

Investcorp’s new platform will enable investments in critical infrastructure companies and projects across North America

Dubai’s residential market sees record growth in Q1 2022: CBRE

CBRE stated that the first quarter saw off-plan sales increase by 94.6 per cent and secondary market sales grow by 76.1 per cent over the previous year

real estate

Here’s how proptech is changing the real estate industry

Over the years, more complex technological tools have found their way into the real estate industry, changing the way properties are constructed, sold, and managed

In pics: Dubai’s most expensive residential villa on Palm Jumeirah

The ten-bedroom property with its private beach has just sold for Dhs280m

Dubai: Pupil sells first-ever verified NFTs of digitised real-world properties

The first sale globally was to a senior banking executive in Dubai

International Fund for Agricultural Development

Investcorp’s investments into European real estate portfolio climbs to EUR1.1bn

The investments were spread across 80 properties in the UK, Germany, the Netherlands, Italy and Belgium

Real estate 2.0: A more personalised experience to home buying

Buyers expect a certain amount of sustainability in their homes and commercial buildings

Dubai’s real estate market backed by strong buyer appetite

Husni Al Bayari, chairman and founder of D&B Properties as well as portal, houza, shares his outlook for the real estate sector

Falcon Island by Al Hamra

Al Hamra unveils Dhs1bn Falcon Island residential project in Ras Al Khaimah

The North Island will be constructed in Phase 1 and will consist of 240 villas, ranging from two- to seven-bedrooms, with prices starting from Dhs1.2m

Louvre Abu Dhabi

Aldar Properties launches world’s first Louvre-branded residences in Abu Dhabi

Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses

Strong growth within Dubai’s luxury property segment

Despite the impact of the pandemic, luxury homes in Dubai remain in high demand

Year in review – 2021: Dubai’s real estate on the crest of a wave

Dubai’s real estate market emerged as one of the top-performing sectors in 2021. This year also started off on a great note, but will the upward trend persist? Lynnette Sacchetto, director of Research and Data at Property Finder, shares the market outlook

RAK’s Al Hamra earmarks Dhs1bn investment for five-year growth plan

Al Hamra’s growth plan includes enhancing its hospitality and retail offerings, and developing vertical and horizontal real estate assets

Alef Group hayyan

Alef Group launches Dhs3.5bn Hayyan villa project in Sharjah

Hayyan extends over an area of 8.7 million sq ft and includes a total of 1,836 villas, spread across three different zones

Dubai Real estate

Dubai releases first-ever official residential rental performance index

The Dubai Land Department coordinated with Property Finder to launch the inaugural edition of the index

Here’s what digitising the real estate space entails

Technological innovations in digital assets, blockchain, and NFTs are expected to transform the real estate asset, making it more liquid, accessible and digital

Dubai real estate

Dubai most preferred foreign investment location for Saudi home buyers – Knight Frank

The annual 2022 Saudi Residential Survey spoke to 55 HNWIs in Riyadh, Jeddah and Dammam