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
The emirate witnessed a 36 per cent increase in sales volumes in 2024 and a 27 per cent rise in value when compared to 2023
The index enables all stakeholders to access clear information, fostering trust and achieving balance in real estate transactions
The acquisition is seen as a major step in Modon Holding’s drive to further diversify its global portfolio, with a special focus on luxury residential communities in high-demand international markets
Imtiaz Developments marks a significant milestone with the early delivery of Westwood Grande in JVC, while pushing forward to complete four more projects by mid-2025
The CEO explains that the developer has prioritised design over the past 18 months, and it is now transitioning its focus to construction
The latest developments come ahead of the formal launch of another Trump Tower this week in Jeddah, Saudi Arabia’s second-largest city
ADIO will support Partanna’s efforts to decarbonise the cement industry by enabling the establishment of its manufacturing facility in Abu Dhabi
The flagship tower, which is set to be completed in 2028, has been acquired from H&H Development, which has other projects in DIFC
Located in the heart of Dubai’s City of Arabia, Laguna Residence is the UAE’s first AI-integrated residential community
The app caters to both novice and seasoned investors, offering a chance to diversify portfolios and reduce risks by pooling investments across multiple properties
The company’s direct listing on the ADX will serve as a catalyst for its next phase of growth, marking a new era of purposeful, community-driven business success
Expo Living is a short drive from the upcoming Al Maktoum International Airport, which is poised to become Dubai’s mega gateway for international travel
Legrand will equip Imtiaz’s projects with smart home systems, enabling residents to control lighting, climate, and security via smart devices
Nadhmi Al-Nasr, the long-time CEO of the Red Sea urban and industrial development nearly the size of Belgium, will be replaced by Aiman Al-Mudaifer
Emaar Development posted property sales of Dhs48bn ($13.1bn) for the first nine months of the year
The developer is building close to 400,000 homes across Saudi Arabia, along with about 1,000 schools, as well as entire commercial and entertainment districts
The four-day event has drawn participants from over 50 countries, including the US, the UK, China, and Germany
Atif Rahman, the founder of ORO24 Developments, shares his approach to resilient growth, the importance of strategic planning, and his perspective on the future of the emirate’s real estate market
Sales for Mamsha Gardens open on November 9, offering buyers a variety of options including one, two, and three-bedroom apartments
Cove Edition 2 Residence showcases modern architecture and a lifestyle-driven design, featuring fully furnished studios along with one- and two-bedroom apartments
The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores
With piling works set to begin in March 2025, the project is expected to reach completion by Q1 2027
The investment round led by Shorooq Partners with participation from Apparel Group and other investors
Following the integration of Nakheel and Meydan into Dubai Holding, Dubai Residential’s reach expanded to encompass 40,000 homes and over 150,000 residents across the emirate
Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues