#Real Estate

The investment is part of a consortium led by Bain Capital’s Private Equity team in Europe, aiming to support Apleona’s continued growth and development into Europe's leading integrated facility management group.

Mubadala, Bain Capital to acquire minority stake in Apleona

The investment is part of a consortium led by Bain Capital’s Private Equity team in Europe

Luna Sky Palace at ORLA, Dorchester Collection Dubai Image By Omniyat

OMNIYAT launches ultra-luxury division with Luna Sky Palace debut

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

Meeras City Walk Crestlane 1

Meraas unveils City Walk Crestlane, a premium waterfront project

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

How Arada is expanding its presence in UAE’s luxury property market

Arada’s developments in Sharjah reflect its aim to create integrated communities that promote active living and meaningful connections, says group CEO Ahmed Alkhoshaibi

Dubai real estate performance in 2024 image-Getty-Images

Dubai: Off-plan sales dominate 63% of residential sales in 2024

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

Don’t miss Gulf Business’ next real estate panel

The panel features some of the most prominent names in UAE real estate

Red Sea Residences Promenade Residential View

Saudi Arabia: Red Sea Global unveils luxury Red Sea Residences

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

DAMAC Properties unveils its Riverside Views project

DAMAC Properties unveils its Riverside Views project

The project is part of the Riverside Community, the developer’s sixth master development

Saudi Arabia eases foreign property investments in Mecca, Medina

Saudi Arabia eases foreign property investments in Mecca, Medina

Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign investors”

Meraas awards over Dhs1bn construction deal for Bluewaters Bay

Meraas awards over Dhs1bn construction deal for Bluewaters Bay

Bluewaters Bay’s integration with Dubai’s vibrant waterfront is poised to further extend the appeal of both Marina Walk and the Bluewaters boardwalk

Dubai’s real estate sector sees transactions hit Dhs761bn in 2024

Dubai: Real estate sector sees transactions hit Dhs761bn in 2024

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

Dubai opens freehold ownership for properties on Sheikh Zayed Road, Al Jaddaf

Dubai opens freehold ownership for properties on Sheikh Zayed Road, Al Jaddaf

A total of 457 plots are eligible for conversion: 128 plots along Sheikh Zayed Road and 329 plots in Al Jaddaf

Dubai developer Emaar in talks to sell stake in Indian business

Dubai developer Emaar in talks to sell stake in Indian business

The valuation and other terms of a potential transaction are not finalised

Aldar Properties raises Dhs9bn sustainability-linked loan

Abu Dhabi’s Aldar Properties raises Dhs9bn sustainability-linked loan

The facility is six times larger than any other single-bank financing the company has done in its recent history

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

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

Aldar Properties marks milestone, issues $1bn hybrid notes

The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy

Burj Khalifa hits Dhs467.1m in home sales in 2024

Dubai’s Burj Khalifa hits Dhs467.1m in home sales in 2024

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

Dubai among top cities to see high growth in prime residential property in 2024

Dubai real estate smashed records in 2024 – here are the 14 top-performing areas

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

Dubai to unveil smart rental index in January 2025

Dubai unveils smart rental index in January

The index enables all stakeholders to access clear information, fostering trust and achieving balance in real estate transactions

Abu Dhabi's Modon Holding acquires luxury La Zagaleta estate in Spain

Abu Dhabi’s Modon Holding acquires Spain’s luxury La Zagaleta estate

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 announces early handover of Westwood Grande

Imtiaz marks early handover of Westwood Grande in JVC, accelerates delivery of 4 projects by Q2 2025

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

Mark Phoenix on how Sankari is redefining luxury real estate

Mark Phoenix on how Sankari is redefining luxury real estate

The CEO explains that the developer has prioritised design over the past 18 months, and it is now transitioning its focus to construction

Trump, Dar Global to build more towers in Saudi Arabia

Trump Organization doubles down on Saudi property market

The latest developments come ahead of the formal launch of another Trump Tower this week in Jeddah, Saudi Arabia’s second-largest city

ADIO, Partanna partner to decarbonise concrete industry

ADIO, Partanna partner to decarbonise concrete industry

ADIO will support Partanna’s efforts to decarbonise the cement industry by enabling the establishment of its manufacturing facility in Abu Dhabi

DIFC acquires commercial tower in DIFC Images Aldar

Aldar acquires Dhs2.3bn commercial tower in DIFC

The flagship tower, which is set to be completed in 2028, has been acquired from H&H Development, which has other projects in DIFC

ONE Development's Laguna Residence sells out in less than a month

ONE Development’s Laguna Residence sells out in less than a month

Located in the heart of Dubai’s City of Arabia, Laguna Residence is the UAE’s first AI-integrated residential community

Amira Sajwani’s PRYPCO launches fractional ownership platform for Dubai

The app caters to both novice and seasoned investors, offering a chance to diversify portfolios and reduce risks by pooling investments across multiple properties

Abu Dhabi's MAIR Group poised to list shares directly on ADX

Abu Dhabi’s Mair Group poised to list shares directly on ADX

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

Emaar, DWTC unveil Expo Living community in Dubai South

Emaar, DWTC unveil Expo Living community in Dubai South

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

Imtiaz selects Legrand for smart home solutions across 18 waterfront projects

Imtiaz appoints global giant Legrand for automation solutions across 18 waterfront projects

Legrand will equip Imtiaz’s projects with smart home systems, enabling residents to control lighting, climate, and security via smart devices