#Real Estate
Saudi authorities have also lifted the ban on transactions related to sales, purchases, subdivisions, and permits in northern Riyadh
Headquartered in Dubai, Beyond is backed by Omniyat’s full resources and experience but is taking a more wide-ranging approach
The initiative is designed to foster collaboration among stakeholders and address challenges proactively before they escalate into legal disputes
Majid Al Futtaim’s properties’ division delivered a 25 per cent net revenue increase, driven by strong performance across malls and its residential real estate portfolio
Dubai World Trade Centre (DWTC) has broken new records in terms of attendance numbers at several of its key events, with 2.65 million attendees across their events last year
According to a report by leading real estate advisory group, Cavendish Maxwell, in 2024, the emirate added 4,255 rooms across 19 new hotels, marking a 2.9 per cent increase in its hospitality sector
The group will launch several mixed-use real estate projects in the UAE while remaining focused on the timely execution of projects in hand
The proceeds will be used in line with Aldar’s Green Finance Framework to refinance sustainability-accredited real estate within AIP’s portfolio
Public-private partnerships will be instrumental in bridging capital gaps, accelerating innovation and ensuring regulatory alignment
Dubai’s February property sales have seen a 449 per cent increase in value over the past five years
The Wilds will officially launch for sale on February 27 at the Coca-Cola Arena in Dubai
Locations for the sales launch include Dubai (Conrad Hotel), Hong Kong (The Peninsula), London (The Dorchester), Mumbai (JW Marriott Juhu), Singapore (Marina Bay Sands), Sydney (Four Seasons Hotel), and Tokyo (Palace Hotel)
Dubai’s prime residential capital values are forecast to grow by up to 9.9 per cent in 2025, the highest among 30 global cities tracked by Savills
The investment is part of a consortium led by Bain Capital’s Private Equity team in Europe
The division stems from OMNIYAT’s initial bespoke creation at One at Palm Jumeirah, Dorchester Collection, Dubai, which became the most valuable residence of its kind in the city in 2017
The initial phase includes two mid-rise towers, City Walk Crestlane 2 and 3, comprising 394 modern residences set against a backdrop of water features, pools, and lagoons
Arada’s developments in Sharjah reflect its aim to create integrated communities that promote active living and meaningful connections, says group CEO Ahmed Alkhoshaibi
Total residential sales transactions surged by 40.3 per cent to 170,992 units in 2024, more than five times the number recorded in 2020, the report showed
The panel features some of the most prominent names in UAE real estate
The first of Red Sea Residences’ developments is located on Shura Island at The Red Sea destination, with properties set to be ready for handover by the end of 2025
The project is part of the Riverside Community, the developer’s sixth master development
Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign investors”
Bluewaters Bay’s integration with Dubai’s vibrant waterfront is poised to further extend the appeal of both Marina Walk and the Bluewaters boardwalk
The number of new investors joining the sector reached 110,000, a remarkable 55 per cent increase, further solidifying Dubai’s standing as a premier global investment hub
A total of 457 plots are eligible for conversion: 128 plots along Sheikh Zayed Road and 329 plots in Al Jaddaf
The valuation and other terms of a potential transaction are not finalised
The facility is six times larger than any other single-bank financing the company has done in its recent history
As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors
The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy
The average price in the Burj Khalifa at the end of 2024 stood at Dhs3,000 per square foot, which is 78.5 per cent above the city-wide average of Dhs1,680