#Real Estate

Majid Al Futtaim launches ultra-exclusive Alaya Beach residential project in Dubai

Located on the banks of the lagoon in Tilal Al Ghaf, it comprises of 14 mansions and 30 villas

Saudi Arabia maintained its position in the top 50 global rankings

Abu Dhabi records Dhs71.5bn of real estate transactions in 2021

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals

Bharain investcorp

Bahrain’s Investcorp acquires 64 industrial properties worth $640m in the US

The latest acquisitions grows Investcorp’s US industrial real estate holdings to approximately $3.5bn across approximately 32 million sq ft

Abdullah Alajaji, Founder of Driven Properties

The micro and macro trends impacting Dubai’s real estate market

Here are the trends that are set to shape the trajectory of the emirate’s property market in 2022

Aldar Properties enters Ras Al Khaimah with Dhs410m acquisition of Al Hamra Mall

Aldar has secured development rights for an extra 11,200 sq m of gross floor area, with an option to acquire an additional 7,400 sq m for retail and commercial use

Arada Sharjah Aljada

Sharjah’s Arada awards Dhs322m construction contract to Kuwaiti contractor

The contract to build eight buildings, comprising a total of 920 homes in Aljada, was awarded to Kuwaiti contractor Mohammed Abdulmohsen Al-Kharafi & Sons

Dubai

UAE’s Property Finder acquires proptech firm Homevalue

Fouad Bekkar, founder and CEO of Homevalue has joined Property Finder and takes on the role of vice president in charge of data and AI

UAE’s Aldar to reduce carbon emissions by 80,000 tons annually across assets

It will enable Aldar to save approximately Dhs40m per year in energy consumption costs

Sustainable developments: Are they the future of real estate?

Legislation on minimum acceptable green standards, new building codes, new sustainable building materials and even the use and disposal of construction waste, will be required in the immediate future

Power Letters 2022: Yousuf Fakhruddin, CEO, Fakhruddin Properties

Infrastructure and real estate developments need to prioritise environment-friendly architecture and design today for a viable tomorrow

Power Letters 2022: Rizwan Sajan, chairman and founder, Danube Group

We opened our showrooms in Uzbekistan and Nepal and are planning to take Danube Homes to more than 50 countries worldwide

UAE’s office market displayed signs of recovery in Q4 2021 – JLL

Change in work week, introduction of new labour laws and visa options contributed, states JLL’s 2021 year-end report

Getty Images

2021: Dubai records highest value of real estate sales transactions in 12 years

The total number of real estate sales transactions that took place last year were also the highest since 2013

Aldar gains ground within two global ESG benchmarks

The company’s improved ESG ratings have been attributed to the consistent and broad integration of sustainability practices into its operations

Aljada Discovery Centre Arada

Sharjah’s Arada posts 38% rise in sales in 2021 to Dhs2.41bn

Arada sold 2,488 homes last year, 6 per cent more than the year before

Dubai records real estate transactions worth Dhs300bn in 2021

The Dubai Marina area saw the highest number of transactions

Abu Dhabi

UAE’s Alpha Dhabi Holding acquires 25% of Al Qudra Holding

The acquisition is part of Alpha Dhabi’s Dhs8bn strategic investment plan across key sectors in the UAE

Qatar’s record bet on London homes sees $900m of sales

With construction complete on roughly 80 luxury homes at Chelsea Barracks, 92 per cent of the finished properties have found owners

Dubai’s real estate market: What should investors look at in 2022?

The combination of supply finally increasing in Dubai and short-term rentals also growing will ensure the market does not see a major crash

Abu Dhabi’s IHC approves merger of its real estate firm Al Tamouh with Al Qudra Holding

Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares

Real estate: How buyers must adopt a longer-term approach

Investors rushing to buy off-plan properties in Dubai must avoid focusing on the short-term market trends

Dubai’s property market soars with Jan-Nov 2021 sales figures highest since 2014

The value of real estate sales transactions for the first 11 months of the year is 88.39 per cent more than 2020 as a whole

Is now a good time to enter or exit Dubai’s real estate market?

With prices of villas and townhouses rising in Dubai, what counts for a good move?

Up to 66% of Indian expats plan to increase their investments in the UAE – HSBC

Property is seen as the most important investment class for Indians in the UAE

Downtown Dubai

UAE’s Emaar Development reports net profit of Dhs2.38bn for first nine months of 2021

It reported its highest ever property sales of Dhs20.94bn over the same period

UAE’s Century Financial to launch new funds, AI trading platform and property crowdfunding site

The investment firm is diversifying its business with plans to also launch in Saudi soon, says Ali AbdulKareem Ali, senior executive director at Century Financial

International investors boosting Dubai property market, say developers at Cityscape

During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai

Sharjah UAE

Sharjah records Dhs5.7bn in real estate transactions for Q3 2021

The total volume of area circulated in sales transactions amounted to around 16.5 million sq ft

Investcorp

Bahrain’s Investcorp builds EUR1bn European real estate portfolio

It recently acquired ten UK industrial assets for a combined purchase price of GBP56.7m

MENA’s proptech landscape: Primed for growth?

The evolving landscape will soon change the way adopting an innovative digital business model in the real estate market is viewed