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mered

Interview: MERED’s Ramil Guliev on trends driving Dubai’s ultra-luxe property market

Beyond financials, there’s an emphasis on health and wellness, private spaces and smart homes with in-home automation, says the international developer’s CEO

AstraZeneca - New office inauguration Image supplied

AstraZeneca inaugurates new sustainable offices at Dubai Science Park

This development is part of a series of initiatives that align with the pharma giant’s global Ambition Zero Carbon programme

Amer Kharbush shines the spotlight on ROSHN’s design philosophy

Exclusive: Amer Kharbush shines the spotlight on ROSHN’s design philosophy

The group’s head of programme and project management tells Gulf Business that MARAFY is an example of the company’s approach to integrated community development

Palm Jebel Ali villas now on sale Nakheel announces Image Nakheel

Nakheel launches first villas on new Palm Jebel Ali for buyers

Palm Jebel Ali, when complete, will feature seven islands and 16 fronds, adding a total of 91 kilometres of beachfront, with three access points to the island

Sobha Realty inks multi-year partnership deal with Arsenal

Sobha Realty signs multi-year partnership deal with Arsenal

The luxury real estate developer’s presence will be at all men’s and women’s domestic games played at Emirates Stadium

DIFC to introduce new residential offering Image DIFC

Sales for DIFC’s first premium residential offering to open on Sept 20

Global property consultancy firm Knight Frank has been appointed as the exclusive sales and marketing partner and will be responsible for the sale of the residences

Expo City Dubai Villas second phase launched

Expo City Dubai launches phase 2 of Shamsa properties; phase 1 sells out

Shamsa’s second phase features three- and four-bed townhouses priced from Dhs3.6m

central park

Central Park Towers, DIFC unveils enhanced amenities for tenants

It is home to iconic business brands, and is a landmark destination for events and entertainment

DAMAC introduces ‘VOLTA’, a new ‘fitness-inspired’ luxury residential development

DAMAC unveils ‘VOLTA’, a fitness-inspired luxury residential development

The property’s design and architecture incorporate elements that promote overall well-being, and health-focused amenities

Red Sea Global, Masdar and EDF sign for Amaala utlities concession agreement Image Red Sea Global

Red Sea Global, EDF, Masdar ink Amaala multi-utilities concession deal

Amaala will be powered entirely by solar energy, saving the equivalent of nearly half a million tonnes of CO2 emissions every year

Aldar Estates acquires FAB Properties Image Aldar

Abu Dhabi: Aldar Estates expands portfolio, acquires FAB Properties

The move will see Aldar Estates integrate a property management portfolio of 22,000 residential units across 600 properties within its platform

Abu Dhabi’s ICON unveils new brand identity

ICON set to launch new brand identity, opens office in Saudi Arabia

The new brand identity is designed to reflect the innovative company’s global vision

Cityscape Global Saudi to debut in September

Cityscape Global 2023: Riyadh hosts world’s largest real estate event

The global event is expected to attract over 180,000 global stakeholders from across the entire real estate ecosystem

ROSHN joins UN Global Compact Image ROSHN

This is the first Saudi giga project to join UN Global Compact

Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world

UAE: Emirate issues new laws to regulate real estate sector

UAE: Emirate issues new laws to regulate real estate sector

The laws aim to help in the development and implementation of plans to drive growth across Umm Al Quwain’s real estate sector

Saudi real estate - EJAR

Saudi Arabia’s real estate, infrastructure projects hit $1.25tn

NEOM, the $500bn megacity, is progressing rapidly, with $70bn of projects now awarded, 45 per cent of which has been completed

Dubai property transactions value grew 43% YoY in August

Dubai property transactions value grew 43% YoY in August

The city recorded 11,818 real estate transactions last month, a 25 per cent increase in volume compared to 9,450 transactions in August 2022.

Aldar backed SODIC expands in Egypt, tie-up with Nobu Image ALdar

Aldar-backed SODIC expands in Egypt, to add Nobu hotels, residences

The agreement builds on Aldar’s recently announced partnership with Nobu to bring a luxury hotel, branded residences and restaurant to Mamsha Beach on Saadiyat Island

Aldar

Gardenia Bay: Aldar launches new Yas Island residential community

The development will feature monitoring meters to reduce energy, water, and waste consumption with an aim to achieve a Pearl 3 Estidama rating

Mohamed Alabbar - Eagle Hills Chairman

Emaar plans a hike in dividends in 2023, no IPO for noon: Mohamed Alabbar

Alabbar underscored the performance of Emaar Properties’ during H1 2023, driven by the economy and tourism sectors

ROSHN MARAFY

Roshn unveils Marafy, to redefine urban living in Jeddah

The development aims to offer an exceptional living experience and represents Roshn’s inaugural fully mixed-use endeavour

Abu Dhabi holiday homes

UAE holiday home rental: Abu Dhabi announces major change for farm houses, RVs

DCT Abu Dhabi will introduce a comprehensive policy framework to license and promote farmhouse tourism activity, to develop immersive agri-tourism experiences

Dubai real estate mid year review CBRE courtesy Dubai-Media-Office

UAE real estate market: Strong demand, lack of supply to drive further growth in 2023, reveals CBRE

In Dubai, the total volume of transactions has broken records in the first half of the year, up 43.3 per cent year-on-year in the year-to-date to H1 2023

Saudi Arabia launches new real estate market platform Image courtesy Ministry of Justice

Saudi Arabia launches real estate platform to support owners, buyers

The platform allows users to access reliable information about the value of real estate transactions in any geographical area they choose

Brookfield Solano County California

A new, green California city in Solano County: $800m land acquisition raises questions

Flannery Associates have disclosed it has been buying rangeland properties in Solano County since 2018, cumulatively spending more than $800m

Samana Developers

Dubai real estate: Samana Developers launches Dhs300m ‘Golf Views’ project

The project is scheduled for delivery in Q2 2026

Majid Al Futtaim H1 2023 results Image MoE _ courtesy Majid Al Futtaim

Majid Al Futtaim announces H1’23 results, reports 74% YoY rise in net profit

Majid Al Futtaim reported a 5 per cent increase in consolidated revenue to Dhs18.9bn, and EBITDA growth of 13 per cent year-on-year to Dhs2.1bn

China Evergrande Group files bankruptcy

China Evergrande files Chapter 15 bankruptcy in New York

The Chinese builder has been working for months to finalise an offshore debt restructuring plan

Dubai business

Dubai trumps Lisbon as top destination for globetrotting executives: Report

The findings were based on research conducted by real estate broker Savills, which ranked 20 prime residential markets by their appeal to long-term remote workers

Roya enters Dubai luxury property market

Roya Lifestyle Developments forays into Dubai’s property market

The property developer aims to redefine contemporary living by offering unparalleled luxury in the heart of the city