Home Industry Real Estate

Real Estate

GFH student housing portfolio in the US

Bahrain-based GFH Group acquires $300m US student housing portfolio

GFH Financial Group’s investment strategy in the student housing sector is focused on building a diversified portfolio that comprises top universities in the US

reits

Insights: Is the UAE utilising property REITs to its long-term benefit?

Local real estate investment trusts can benefit from a different approach to real estate lending by local banks and an enhanced legal framework to support their growth and popularity

Dubai Land department

Rent in Dubai can now be paid online rather than post-dated cheques

Tenants will soon be able to pay their rent automatically through online banking rather than post-dated cheques

Key decisions: How to best invest in or purchase a property

There’s a rising number of property management firms available to cater to demand, but are they all equal?

Saudi Arabia maintained its position in the top 50 global rankings

Revealed: UAE’s real estate market ranked as top global improvers

Dubai enters ‘Transparent’ tier status for the first time driven by new regulations and enhanced digital services

Chairman of Dubai’s ORO24 Developments on the country’s real estate trends

There is a high momentum particularly in the off-plan segment and it will only grow, notes Atif Rahman

Dubai’s real estate sector is evolving post Expo 2020. Here’s why

Despite a year’s delay, the expo event successfully managed to bring the world together in Dubai

Superagent from Property Finder - a new AI algorithm

Introducing Property Finder’s SuperAgent, a new AI-driven ranking system for agents

SuperAgent uses millions of data points and aims to help home-seekers find the most responsive agents with up-to-date and improved knowledge of the properties

ALDAR invests in ARONGA VENTURES FUND

Aldar partners with real estate technology investor, Taronga Ventures

The investment in the Taronga Ventures fund adds to Aldar’s investments in four other real estate technology funds

Majid Al Futtaim Joins MIT Center for Real Estate as a Strategic Partner

Majid Al Futtaim joins MIT Center for Real Estate as a strategic partner

Majid Al Futtaim – Properties, which is the first real estate developer from the MENA region to join MIT/ CRE as a strategic partner, will collaborate with the centre on in-depth research across areas of common interest

banke international Properties

Banke International Properties’ Porush Jhunjhunwala on opportunities for investors in UAE’s real estate sector

The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market

UAE: Keeping the real estate momentum going

Recent policy initiatives that make it easier for foreigners to live and work in the UAE have also bolstered the demand for real estate properties

Dubai sales transactions

Dubai records decade-high real estate sales transactions in May 2022

The emirate’s real estate market recorded a total of 6,652 sales transactions in May

Scott Bond Property FInder UAE Country Manager

Cover story: Property Finder’s Scott Bond on why Dubai is a pioneer in real estate

The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why

ADGM new property legidlatiosn for off plan

ADGM issues new rules for off-plan property sales on Al Maryah Island

Abu Dhabi Global Market has also amended the existing real property related fees by enacting the Real Property Regulations (Fees) Rules 2022

Property finder launches tools to support real estate agents and buyers

Bayut & dubizzle to launch five new tools to serve buyers and agents

Developed with advanced algorithms, the new tools offer a range of features that will support both buyers and real estate agents

Sukuk

Sharjah’s Arada raises $350m via dollar sukuk, lists on London Stock Exchange

The issuance witnessed demand from regional and international investors, with a subscription order of $720m, more than two times the offer size

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments

How Central Park Towers, DIFC, opens up new avenues for Dubai’s real estate market

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments, explains why the project is an attractive proposition to its residents and businesses setting up base within the prime location

stake

The SME Story: Rami Tabbara, co-founder and co-CEO of Stake

A digital fractional real estate investment platform is offering a chance for those with limited budgets to enter the property market

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

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

Emaar signs deal with Dubai Holding to acquire Dubai Creek Harbour

Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022

Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn

Masaar

Sharjah’s Arada awards contracts worth Dhs460m to build Masaar’s residential phase

Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts

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

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

Aldar

UAE’s Aldar reports Dhs688m net profit in Q1 2022

Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent

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