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RERA fines 30 real estate companies for non compliances with T&Cs stipualted in ads GettyImages-1129092019-1

Dubai: RERA fines 30 real estate firms for this violation

The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance

EMAAR FY2023 results -photo-courtesy_emaar

Emaar FY2023 profit rises 70%, property sales reach $11bn

The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)

In numbers: Dubai real estate registers best-ever performance in 2023

The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023

Aldar Properties awards contracts worth Dhs22bn in 2023

UAE’s Aldar Properties awards contracts worth Dhs22bn in 2023

The contracts were awarded to 36 UAE-based companies with almost 50 per cent of the value – Dhs10.5bn – being recirculated into the local economy

The Lana opens in Dubai: Inside Dorchester Collection’s first Middle East hotel

The hotel features The Lana Promenade, a central podium hosting retail outlets, restaurants, and an infinity rooftop pool, offering guests a vibrant and luxurious experience

mohamed alabbar-eagle hills group

5 things to know about Emaar’s new mall at Dubai Creek Harbour

Emaar’s ambitious new retail project at Dubai Creek Harbour could potentially be bigger than its flagship Dubai Mall

Jeddah, Saudi Arabia

Jeddah Central signs SAR12bn contract to develop architectural landmarks

The Jeddah Central Development Company is a Public Investment Fund (PIF)-owned developer, mandated with redeveloping Saudi Arabia’s historic city

7 reasons why investors can't resist Dubai's real estate sector by Espace's John Lyons

Seven reasons why investors can’t resist Dubai’s real estate sector

High rental yields, demand for luxury homes and return on investments, here’s why investing in Dubai’s property market is appealing, explains Espace Real Estate’s MD

Aldar invests Dhs22bn in development projects in 2023

UAE’s Aldar Properties unveils Dhs5bn investment plan

The office and retail assets are part of the property firm’s investment portfolio, which houses Dhs25bn of income-generating real estate assets

Saudi Arabia’s Crown Prince announces design for ‘The Line’ in Neom

From Aquellum to Zardun and now Xaynor: 12 futuristic real estate megaprojects under NEOM

The projects being developed under NEOM offer a glimpse of what futuristic developments could look like in Saudi Arabia

Abu Dhabi waterfront

Abu Dhabi property market: From Al Reef to Saadiyat Islands – 5 areas to track

While there was an increase in sales prices in several areas driven by high demand, this trend was particularly noticeable in upscale neighbourhoods offering high-end amenities

Dubai real estate

Dubai real estate powers through January 2024 with Dhs35bn in sales

Off-plan sales grew by 25 per cent year-on-year in January as Dubai’s real estate sector continued to perform well in the new year

Off-plan paints a brighter picture for Saudi homeowners, reveals report Image: Getty Images

Off-plan paints a brighter picture for Saudi real estate sector, reveals report

Off-plan sales can also stimulate and grow the banking sector to create financial solutions that could cater to different beneficiary segments, grow the real estate brokerage market, and stimulate multiple purchases from investors

Decoding the anatomy of a Dhs600m Dubai property price tag

Earlier this year, Raffles The Palm Dubai announced the listing of the emirate’s most expensive penthouse. We talk to the team behind the listing to explain its valuation.

Sharjah real estate

The secret to succeeding in the UAE’s competitive real estate landscape

The UAE’s real estate sector presents multiple avenues for success, but before entering the market investors must weigh various aspects based on past and present growth patterns as well as future prospects

UAE Golden Visa - Getty Images

UAE Golden Visa: Dubai makes major change to property down payment requirement

The UAE introduced the golden visa programme to allow for a 10-year residency to encourage exceptional individuals and foreign investors to establish deeper ties to the country.

Mercedes Benz Places by Binghatti unveiled Image Supplied

Binghatti unveils first Mercedes-Benz branded residential tower, here are the details

The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking

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

Balancing act: DAMAC's Amira Sajwani shares her plans and vision

Balancing act: DAMAC’s Amira Sajwani shares her plans and vision

Amira Sajwani, DAMAC Properties’ MD for Sales and Development, shares how she’s shaping the future course of the real estate giant, while dedicating time to pursue her dream projects

UAE real estate - escrow account

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