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Aldar launches Sama Yas at Yas park

Abu Dhabi: Aldar unveils new premium residential community in Yas Park

Sama Yas, set to launch on February 2, comprises three low-rise buildings, which include one-, two, and three-bedroom apartments, two- and three-bedroom duplexes, two- and three-bedroom garden apartments, and penthouses

Sheikh Hamdan launches ‘Dubai Integrated Housing Center’

Sheikh Hamdan launches ‘Dubai Integrated Housing Center’. Here’s why

The centre addresses the diverse needs of citizens, with a specific focus on housing, construction and land services

Dubai’s own clocktower: First look at London Gate’s $545m Franck Muller Aeternitas

Standing tall at 106 floors, the residential clocktower will redefine the Dubai skyline and house an exclusive range of homes by London Gate

BUILT WIND POWER

The case for decarbonising the built sector

Circularity has the potential to create substantial economic advantages, with projected yield on annual net profit gain of up to $46bn by 2030

Dubai real estate rent

5 of the most affordable places to live in Dubai

Despite the continuing upward trajectory of the rental market in Dubai, certain communities continue to remain affordable for the average family in the city.

ADEL DISTRICT - DAMMAM

Adel District blueprint envisions 50,000 residents in Dammam’s biggest urban development

Adel District is a plot-based urban development and will comprise five expansive residential neighborhoods

Raffles The Palm - penthouse

See inside Dubai’s Dhs600m penthouse, along with ‘Hay Room’

The super-penthouse spans 77,707 square feet of built-up area and comprises top-three levels of the Raffles The Palm Dubai Residences

Saudi real estate - EJAR

Saudi rent payment system switches to Ejar from Jan 15

The streamlined electronic service for rent payments aims to improve efficiency, transparency and ease of access for tenants and their landlords

PIF-owned SRC extends refinancing deal with Alrajhi Bank - GettyImages-1667969985

PIF’s SRC extends refinancing deal with Alrajhi Bank, total value hits SAR10.8bn

The extension of this agreement is aimed at advancing the goals of the Vision 2030 Housing Program

How REITS are unlocking the potential of UAE real estate

How REITs are unlocking the potential of UAE real estate

REITs in the UAE are a crucial component of the real estate investment landscape and provide opportunities for both local and international investors

ARISTA

Arista Properties makes an inaugural entry into the UAE

With its first project strategically located at MBR City, Arista has brough on board architect firm Hirsch Bedner Associates and One Broker Group as agency partner

Abu Dhabi International Airport - UAE megaprojects

7 remarkable megaprojects unveiled in the UAE in 2023

These projects symbolise the UAE’s commitment to innovation, sustainability, and cultural harmony

QIDDIYA CITY

Qiddiya City megaproject brand unveiled by Saudi Crown Prince

Qiddiya City expects to attract an anticipated 48 million visits per year with its never-built-before array of world-class attractions and venues

MERCEDES-BENZ BINGHATTI

Binghatti, Mercedes-Benz to build luxury residential tower in Dubai

The two brands said the collaboration was “brought together by a shared passion for iconic design and innovation”

casino

Casino update: Dubai awards biggest island construction contract to house MGM, Bellagio

Located off the coast of Umm Suqeim, The Island is expected to feature major casino properties with 1,400 hotel rooms and apartments

Aldar buys UK’s London Square for Dhs1.07bn

Aldar Properties acquires UK developer London Square for Dhs1.07bn

The transaction is expected to have a positive impact on sales, given the opportunities to cross-sell across the two companies’ respective customer base

PIF-owned SRC successfully wraps up SAR3.5bn sukuk GettyImages

Saudi Real Estate Refinance Company wraps up SAR3.5bn sukuk issuance

The issuance was offered in five and seven-year dual tenors, marking the final two tranches under its SAR20bn government-guaranteed sukuk programme

Aldar unveils Nikki Beach Residences in Al Marjan _ Image Aldar

Aldar launches Nikki Beach Residences in Al Marjan, sales to open on Dec 5

Three hundred and fifty-seven units will be up for sale in the first phase on December 5

JUMEIRAH GOLF ESTATE

Dubai real estate: Massive Dhs300m land deal finalised for Jumeirah Golf Estate

The transacted land in Jumeirah Golf Estates overlooks an expansive view of the Fairways and houses over 1,500 villas, townhouses, and apartments

How the GCC's real estate sector is pivoting towards sustainable development Image for illustrative purposes by Getty Images

Insights: How GCC real estate is pivoting towards sustainable development

With the forthcoming COP28 in Dubai, the momentum for sustainable real estate development in GCC countries is set to receive even greater international attention

NEOM EPICON

NEOM unveils 275m futuristic Epicon Towers

The new development, located on the Gulf of Aqaba, will comprise off two stunning towers

Citi Developers launches Aveline Residences in JVC

Citi Developers unveil Aveline Residences in Jumeirah Village Circle

Scheduled for handover in Q2 202, Aveline Residences features 263 apartments located in the heart of Jumeirah Village Circle

ORO24 Development

Cover feature: ORO24 Developments’ Atif Rahman on building a legacy in Dubai’s built sector

Atif Rahman, the founder and chairman of ORO24 Real Estate Developments, shares his remarkable journey, from his humble beginnings as a small-town boy to becoming a prominent figure in the UAE’s thriving real estate industry

Emaar sees 43 per cenr net profit rise from Jan to Sept 2023 DOWNTOWN_DUBAI_BY_EMAAR-photo-courtesy_emaar

Emaar nine-month net profit sees 43% hike bolstered by property sales

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

Binghatti branded residence

Dubai cements lead as global hotspot for luxury, branded residences

Dubai beats out the likes of international realty hotspots such as Florida, New York, and London

WeWork

SoftBank’s WeWork, once most valuable US startup, succumbs to bankruptcy

WeWork listed estimated assets and liabilities in the range of $10bn to $50bn

Haven By Aldar sells out two phases

Aldar sells out first two phases of Haven, its first residential development in Dubai

The final phase of Haven, which includes further villas, townhouses, and apartments, will launch for sale to buyers of all nationalities in early 2024

TECOM Group announces Q3 2023 results Image Tecom

TECOM Group announces Q3 ’23 results, reports 34% rise in net profit

The group’s Q3 earnings before interest, taxes, depreciation and amortisation rose by 13 per cent YoY to Dhs410m

Dubai real estate transactions net Dhs429.67bn as of Sept

Dubai real estate transactions net Dhs429.67bn at end of Sept ’23

Dubai Land Department data showed that Al Barsha South Fourth headed the list with 10,351 transactions, followed by Dubai Marina and Business Bay

Aldar Properties Q3 2023 highlights Image Aldar

Aldar Q3 ’23 group sales rise 99%, marks highest ever quarterly sales

Group sales during the first nine months reached a record Dhs19.4bn, up 109 per cent on the back of 11 project launches year-to-date and strong demand for Abu Dhabi properties