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
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