#Real Estate

UAE DUBAI cost of living

Mercer’s 2024 Cost of Living City Ranking: How expensive is Dubai?

The ranking highlights how cities around the world fare in terms of living expenses for expatriates

Smart cities, biometrics, nanotech: How techology is reinventing the property industry

Smart cities, biometrics, nanotech: How techology is reinventing the property industry

Technological advancements in the real estate sector are driving efficiency, enhancing user experiences, and fostering sustainable practices

Dubai South: Final phase of South Bay project sells out in 4 hours

Dubai South: Final phase of South Bay project sells out in 4 hours

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions

Dubai’s Eywa partners with Mindvalley to create centre of excellence

As part of the tie-up, the six-and-a-half-thousand-square-foot Eywa property will serve as a sanctuary for Mindvalley’s masters

UAE-President and ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan approves second housing benefits package photo-courtesy_WAM

Abu Dhabi approves Dhs3.3bn housing benefits package for citizens

The housing benefits package includes housing loans worth over Dhs3.046bn, aiding 1,766 citizens in Abu Dhabi

Gulf Business Breakfast meet: Shining the spotlight on cloud, AI and proptech   

Close to 100 industry professionals gathered for Gulf Business’ inaugural Business Breakfast meet, themed around the intersection of technology and business

UAE fintech firm Stake raises $14m in Series A funding

UAE fintech firm Stake secures $14m in Series A funding

The company intends to use the proceeds to expand its business into Saudi Arabia

GB BB TECH EVENT

Watch top experts speak at the Gulf Business Tech Panel

Our upcoming panel event offers an exciting opportunity to gain insights from industry leaders and engage in discussions about the future of technology in business

Owning UAE real estate through a corporate vehicle: All you need to know

Owning UAE real estate through a corporate vehicle: All you need to know

Real estate ownership through a corporate entity offers several important benefits over purchasing as an individual, especially when it comes to financial efficiency and legal protection

Dubai real estate has moved past severe cyclicality, says fäm Properties CEO

Firas Al Msaddi, CEO of fäm Properties, tells us why he thinks that Dubai’s real estate sector is more resilient than it’s ever been

Property Finder CEO says UAE visa reforms drive property boom

UAE visa reforms drive property boom, Property Finder CEO says

Dubai has historically been a city where many people prefer renting, but visa reforms are driving a shift towards home ownership

UAE real estate - escrow account

Dubai: 3 Real estate developers fined Dhs1.5m for escrow account violations

Using an escrow account ensures regulation of funds during the construction process of the units sold, ensuring the protection of investors and their rights

Jumeira Bay Island_Amalfi

This Dubai townhouse was rented for a record Dhs3.7m a year: see details

The townhouse is within the gated Villa Amalfi community, which gives residents access to upscale dining, leisure and wellness experiences and community facilities

Dubai wealth fund ICD’s 2023 profit jumps 68%

Dubai wealth fund ICD posts Dhs60.8bn in full-year profit

The state investor posted a record-high net profit of Dhs60.8bn, buoyed by an increase of Dhs24.6bn from its transportation and banking businesses

BIG Holding’s $146.5m IPO draws orders worth $2.5bn

BIG Holding’s $146.5m IPO draws orders worth $2.5bn

The company priced its IPO at the top of the range, selling its shares at 500 fils apiece to raise KWD45m

Eagle Hills unveils EUR3bn waterfront project in Latvia

UAE’s Eagle Hills expands global reach with EUR3bn Latvian project

A EUR250,000 investment in the Riga Waterfront would enable buyers to acquire residency in the European Union-member country

UAE economy grew 4.3% in Q4 2023

UAE economy grew 4.3% in fourth quarter of 2023

Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors

Emaar unveils The Heights Country Club and Wellness

Emaar unveils The Heights Country Club & Wellness

The residential offerings within the luxury development include townhouses and semi-attached villas

CBRE real estate

Trends shaping real estate in the GCC: An in-depth conversation with Anshuman Magazine of CBRE

CBRE has expanded its offerings as well as operations as the GCC sees a real estate boom backed by economic versatility and government investment programmes

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

As part of the plan, Tecom will invest Dhs966m to acquire commercial and industrial assets from Dubai Holding Asset Management

Kuwait’s BIG Holding to list 30% stake on local exchange

Kuwait’s BIG Holding to list 30% stake on local exchange

The holding firm has hired National Investments Company and EFG-Hermes UAE as joint bookrunners and global coordinators on the deal

Emaar development-Q1 property sales rise 50 per cent image-Emaar-e1713532878998

Emaar Development reports 50% rise in Q1 property sales

Emaar Development’s sales backlog has increased to Dhs65.7bn, which will be recognised as revenue in the coming years

luxury apartment villa in dubai with blue sky

Villas vs apartments in Dubai: What’s a better investment?

The key to making an informed decision lies in recognising and leveraging the unique features of each property type to build a diversified investment portfolio

UAE real estate: Over 30,000 residential units to be delivered by year's end, says JLL

UAE real estate: Over 30,000 residential units to be delivered by year’s end

According to JLL, in Q1, around 10,000 units were delivered in Dubai and 1,600 in Abu Dhabi, marking strong growth in the UAE’s residential sector

MIRA Developments partners with ELIE SAAB

MIRA Developments and ELIE SAAB announce partnership for 3 exclusive real estate projects in the North Caucasus

ELIE SAAB Residences Caucasus will seamlessly integrate three distinct locations across the North Caucasus region into a singular, unparalleled venture

Sha Emirates Island

Sha Emirates by Imkan: Abu Dhabi’s island community dedicated to wellbeing

SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living

Aldar unveils ‘active living’ community Athlon in Dubai

Sales of units at the first phase of Athlon will launch on May 7, with prices starting from Dhs2.8m

UAE floods to impact construction projects

How UAE’s recent floods will impact construction projects

Several construction projects in the UAE will be affected, with huge potential for delays and damage to ongoing works

ROSHN launches ALDANAH

Saudi’s ROSHN unveils new residential project in Greater Dammam

Aldanah will feature more than 2,500 homes, spread across 1.7 million square metres, catering to nearly 10,000 residents

Arada awards Dhs615m contracts for 565 housing units

Sharjah’s Arada awards Dhs615m contracts for 565 housing units

Construction on the project will begin immediately and all homes will be completed and handed over by the end of 2025