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Emaar Development reports 56% rise in property sales for H1

Emaar Development reports 56% rise in property sales for H1

In  H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)

Abu Dhabi fund Mubadala’s assets surge to $302bn

UAE real estate market thrives in Q2 2024: Key highlights

The UAE real estate market’s continued growth across the emirates is being driven by strong economic fundamentals, government initiatives, and strategic investments, according to Asteco’s latest report

How Prosper is driving growth in Dubai’s property market

Prosper Real Estate Intl’s Akram Kanso on growth in Dubai’s property market

The firm offers a full spectrum of services beyond lead generation and sales, including strategic planning

Dubai real estate - villa market - Tilal al Ghaf

Dubai’s real estate boom: Tilal Al Ghaf villa sale sets record with Dhs105m price tag

The influx of high-net-worth individuals continues to propel Dubai’s ultra-luxury real estate market, with H1 2024 recording 196 sales, exceeding $10m

Nabil Al Kindi - CEO of Dubai South Properties -

Dubai South Properties’ Nabil Al Kindi on supporting the emirate’s grand vision

The CEO of Dubai South Properties says the developer is on track to complete and deliver approximately 2,500 units by 2025

Aldar group reports robust h1 2024 performance image-Aldar

Aldar net profit surges 57% in H1 2024, revenue up by 73%

The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY and EBITDA of Dhs3.9bn

Aldar to develop an office tower on SZR in Dubai Image Supplied

Dubai: Aldar to build office tower on Sheikh Zayed Road

The development will feature a grade A office tower with a net leasable area (NLA) of 88,000 sqm, complemented by a luxury boutique hotel and branded residences

Abu Dhabi real estate market trends for H1 2024 according to Bayut's findings Image_Getty Images

Abu Dhabi property market soars in H1 2024, shows new report

According to Bayut’s report, Abu Dhabi real estate market demonstrated a strong performance in H1 2024, making it an attractive option for local and international investors

Danube - Bollywood Actress Chitrangada Singh Randhawa

Chitrangada Singh joins Danube’s Milano as brand ambassador

Singh has appeared in previous collaborations with Danube group founder and chairman Rizwan Sajan, for promoting their real estate offerings, in the UAE

Dar Global signs with Trump Organization to build Trump Tower Dubai

Dar Global to build Trump Tower Dubai, marks third collab in region

This is the developer’s third collaboration with the Trump Organization

Saudi retail growth in Riyadh

Riyadh leads Saudi retail space growth with 90% occupancy

A new report projects that Riyadh’s retail stock will expand by 28 per cent to 4.6 million square metres by 2026

Marjan Debuts La Mer by ELIE SAAB Residences in Ras Al Khaimah

Marjan unveils La Mer by ELIE SAAB Residences in RAK

La Mer by ELIE SAAB consists of three towers connected by an intricate design with a dual lobby and multiple on-site facilities

Emaar showcases H1 highlights, focused on 'transforming communities'

Emaar showcases H1 highlights, focuses on ‘transforming communities’

Emaar Development recorded 30 project launches, resulting in the sale of 8,400 units in the first six months, reflecting a 56 per cent growth over H1 2023

Dubai real estate

Unstoppable? Dubai’s property market surges 30% in 2024

Dubai’s high rental yields, easy real estate financing, and accessible residency visas are factors driving property ownership over renting

Egypt-GettyImages-520265584-e1703142282632

Egypt’s SKG signs $500m real estate development deal with UAE’s KSH

The deal includes three residential towers and a five-star hotel in an area overlooking the Nile’s Warraq Island

Riyadh named among top 15 cities in Savills growth hubs index GettyImages

Riyadh ranks among the top 15 fastest-developing cities, shows index

Riyadh is the only non-Asian city featured in Savills Growth Hubs Index and its potential is linked to a forecasted 26 per cent population growth

How Pure Gold is crafting Dubai’s real estate legacy

Karim Merchant: Crafting a lasting legacy in Dubai’s property market

Pure Gold Group’s managing director and CEO shares how he’s leveraging the group’s 35 years of history to shape a legacy in Dubai’s booming real estate market

Dubai Green Spine Image courtesy Urb

Dubai’s 64km Green Spine: Solar-powered trams, 300MW system touted for E311 route

At the core of the Dubai Green Spine project are 100 per cent solar-powered trams, supported by a substantial 300-megawatt solar energy system

Dubai Prime Properties demand and supply q2 2024, - Knight frank Image: Getty Images

Prime properties: 190 deals over $10m recorded Dubai in H1; supply drops

Knight Frank says the dramatic rise in demand and corresponding supply crunch in the prime residential market reflect Dubai’s growing appeal among the global elite

Egypt’s $50bn FDI boosts tourism, residential construction

Egypt’s $50bn FDI sparks growth in tourism, housing construction

The value of residential projects in Egypt totalled around $36bn in Q1 2024, ranking the country third after Saudi Arabia and the UAE

Egypt

Egypt government launches $21bn ‘South Med’ real estate mega-project

Spanning 23 million square metres, “South Med” will feature over 2,000 hotel rooms and residential units, and a large international marina

Fairmont, Sol Properties to build premium residential tower in Downtown Dubai

Fairmont, Sol Properties to build premium residential tower in Downtown Dubai

Fairmont Residences Solara Tower Dubai joins a portfolio of 16 Fairmont-branded residences, with 22 more projects in the pipeline

MAG, Mantra to tokenise real estate assets valued at $500m

MAG, Mantra to tokenise real estate assets valued at $500m

Investors in the vault will earn yield in stablecoins and $OM tokens, with an expected return of 8 per cent APY from stablecoins, further augmented by $OM tokens

Dubai Sotheby's International Realty-Jumeirah Bay Island Villa

Dubai’s ‘Billionaire Island’ sets new real estate record with $65m villa sale

The Jumeirah Bay Island villa spans 18,800 square feet and features six bedrooms, a playroom, cinema, gym, and office space

Dar Global-Trump Organization Agreement Signing

Trump Tower in Jeddah: Dar Global announces Saudi project

This Jeddah venture will be the Trump Organization’s first foray into the Saudi Arabian market

Mohamed Alabbar - Eagle Hills Chairman

Eagle Hills expands footprint in Iraq, Croatia

Eagle Hills will develop the luxury community which will include a top-tier golf course, residential neighbourhoods, and a five-star hotel among other amenities

Qatar

Simaisma Project: Qatar announces mega-entertainment district

The Simaisma Project will incorporate cutting-edge construction technologies and utilise eco-friendly, locally sourced materials

DIFC breaks ground on DIFC Square

DIFC breaks ground on new real estate development

This ambitious venture, comprising three interconnected buildings, aims to meet the growing demand for premium office spaces and retail units

Co-ownership Dubai Shard

Transforming property investment in Dubai: Shard’s co-ownership model explained

Shard’s CEO tells Gulf Business that its co-ownership model offers a pathway to affordable luxury living in Dubai’s booming property market

Dar Global

Saudi developer Dar Global eyes $300m US expansion

Dar Global hopes to sell at least half of the homes in its US developments to non-US buyers