Home Industry Real Estate

Real Estate

Dubai South: Final phase of South Bay project sells out in 4 hours

Dubai South: Final phase of South Bay project sells out in 4 hours

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions

Qstay, a hospitality and rental investment property management platform Secures $4.6m in Pre-Series A funding Image Supplied

Dubai-based Qstay secures $4.6m in pre-Series A round

Qstay currently operates over 300 properties across nine markets in four countries, with plans for further expansion into additional markets between 2024 and 2026

Dubai’s Eywa partners with Mindvalley to create centre of excellence

As part of the tie-up, the six-and-a-half-thousand-square-foot Eywa property will serve as a sanctuary for Mindvalley’s masters

UAE-President and ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan approves second housing benefits package photo-courtesy_WAM

Abu Dhabi approves Dhs3.3bn housing benefits package for citizens

The housing benefits package includes housing loans worth over Dhs3.046bn, aiding 1,766 citizens in Abu Dhabi

Dubai’s off-plan market a crucial factor to watch, says Firas Al Msaddi

A key factor to watch in the Dubai real estate sector is the gap between off-plan and resale market prices, says the fäm Properties CEO Firas Al Msaddi

ORO24’s Atif Rahman on Dubai’s meteoric ‘875% real estate growth’

Atif Rahman took to the stage of Gulf Business’ first-ever Business Breakfast briefing to talk about his insight into the growth of Dubai’s real estate sector

UAE cabinet approves housing aid valued at Dhs1.86bn ahead of Eid-Al-Adha

UAE Cabinet approves housing aid valued at Dhs1.86bn ahead of Eid-Al-Adha

In addition to approving the housing aid, the cabinet launched the Manzili initiative, a streamlined service bundle designed to simplify the housing loan application process for programme beneficiaries

Gulf Business Breakfast meet: Shining the spotlight on cloud, AI and proptech   

Close to 100 industry professionals gathered for Gulf Business’ inaugural Business Breakfast meet, themed around the intersection of technology and business

GHAF Woods by Majid Al Futtaim Properties

‘Ghaf Woods is more than just a new community,’ says Majid Al Futtaim Properties’ Ahmed El Shamy

Ghaf Woods, a first-of-its-kind integrated community, prioritises indoor-outdoor living and sustainability, shares the CEO of Majid Al Futtaim Properties

Drake-Scull-construction

Drake & Scull completes restructuring milestones, eyes future projects

The restructuring has allowed the contractor to write off over Dhs4bn in debt

UAE fintech firm Stake raises $14m in Series A funding

UAE fintech firm Stake secures $14m in Series A funding

The company intends to use the proceeds to expand its business into Saudi Arabia

GB BB TECH EVENT

Watch top experts speak at the Gulf Business Tech Panel

Our upcoming panel event offers an exciting opportunity to gain insights from industry leaders and engage in discussions about the future of technology in business

Owning UAE real estate through a corporate vehicle: All you need to know

Owning UAE real estate through a corporate vehicle: All you need to know

Real estate ownership through a corporate entity offers several important benefits over purchasing as an individual, especially when it comes to financial efficiency and legal protection

Abu Dhabi and RAK rise in appeal among global HNWIs - GettyImages-1316754718

Global HNWIs ready to spend $408.3m on residential real estate in Abu Dhabi, reveals report

International buyer activity has skyrocketed in Abu Dhabi, with sales to non-resident investors jumping from 3 per cent in 2021 to 28 per cent in 2023

Dubai real estate: Jumeirah Bay Island sees record-breaking villa sale for Dh175m

Dubai real estate: Jumeirah Bay Island sees record-breaking villa sale for Dh175m

The luxury villa is part of Sea Mirror, Dubai-based Lamar Development’s signature project

Dubai real estate has moved past severe cyclicality, says fäm Properties CEO

Firas Al Msaddi, CEO of fäm Properties, tells us why he thinks that Dubai’s real estate sector is more resilient than it’s ever been

dubai mall

Emaar announces massive Dubai Mall expansion plan

The Dubai Mall expansion aligns with Dubai’s broader strategy to enhance its tourism industry

Property Finder CEO says UAE visa reforms drive property boom

UAE visa reforms drive property boom, Property Finder CEO says

Dubai has historically been a city where many people prefer renting, but visa reforms are driving a shift towards home ownership

UAE real estate - escrow account

Dubai: 3 Real estate developers fined Dhs1.5m for escrow account violations

Using an escrow account ensures regulation of funds during the construction process of the units sold, ensuring the protection of investors and their rights

Tabeer

Affordable luxury: Tabeer Developments unveils Parkside Boulevard in Arjan, Dubai

Prices for Parkside Boulevard are competitive, with studios starting from Dhs640,000, one-bedroom apartments from Dhs1.05m, and two-bedroom apartments from Dhs1.5m

Jumeira Bay Island_Amalfi

This Dubai townhouse was rented for a record Dhs3.7m a year: see details

The townhouse is within the gated Villa Amalfi community, which gives residents access to upscale dining, leisure and wellness experiences and community facilities

Emaar reveals plans for The Music, Colour, and Fire Plaza

Emaar reveals plans for The Music, Colour and Fire Plaza

Located adjacent to the Dubai Creek Tower, the plaza will showcase a combination of fire displays, vibrant colours, and synchronised music

George C0allas the CEO of Lifesize Plans Dubai talks about pre-construction technology and its advantages

How pre-construction tech is transforming the property sector

Building information modelling minimises waste, controls costs, coordinates workflows and optimises labour needs for future construction

Abu Dhabi real estate projects

7 upcoming waterfront developments in Abu Dhabi

These developments across Abu Dhabi promise state-of-the art amenities combined with a lifestyle that blends nature, culture, and access to domestic and international cities

Eagle Hills unveils EUR3bn waterfront project in Latvia

UAE’s Eagle Hills expands global reach with EUR3bn Latvian project

A EUR250,000 investment in the Riga Waterfront would enable buyers to acquire residency in the European Union-member country

Emaar unveils The Heights Country Club and Wellness

Emaar unveils The Heights Country Club & Wellness

The residential offerings within the luxury development include townhouses and semi-attached villas

ANAX Developments hosted a prestigious launch gala dinner in Dubai on May 17. (Supplied)

ANAX Developments sets new standards in urban living with launch event

The event, attended by a glittering array of prominent figures from across the UAE, included an esteemed array of artists and influencers

CBRE real estate

Trends shaping real estate in the GCC: An in-depth conversation with Anshuman Magazine of CBRE

CBRE has expanded its offerings as well as operations as the GCC sees a real estate boom backed by economic versatility and government investment programmes

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

As part of the plan, Tecom will invest Dhs966m to acquire commercial and industrial assets from Dubai Holding Asset Management

Emaar development-Q1 property sales rise 50 per cent image-Emaar-e1713532878998

Emaar Development reports 50% rise in Q1 property sales

Emaar Development’s sales backlog has increased to Dhs65.7bn, which will be recognised as revenue in the coming years