Home next Industry next Real Estate

Real Estate

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

Abu Dhabi luxury developments

Abu Dhabi’s luxury real estate boom: 9 projects to watch

The emirate’s luxury real estate market is on an upswing with a wave of high-end developments set to redefine city living

Manhattan Beekman Place Qatar

Qatar lists its Beekman Place townhouse in Manhattan for $32m

Built around 1910, the 7,300-square-foot property boasts five bedrooms, two terraces, and a rooftop garden

DAR TRUMP

Dar Global ties up with Trump Organization for luxury resort in Oman

The Trump International Oman will feature a 140-key, 5-star hotel complex that includes an array of luxurious accommodations

Dar Global - Aston Martin launch The Astera

The Astera: Dar Global, Aston Martin reveal what goes into the making of a star

Aston Martin will design ultra-luxury interiors for the Dar Global property, marking its first real estate collaboration in the Middle East

UAE DUBAI cost of living

Mercer’s 2024 Cost of Living City Ranking: How expensive is Dubai?

The ranking highlights how cities around the world fare in terms of living expenses for expatriates

Smart cities, biometrics, nanotech: How techology is reinventing the property industry

Smart cities, biometrics, nanotech: How techology is reinventing the property industry

Technological advancements in the real estate sector are driving efficiency, enhancing user experiences, and fostering sustainable practices

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