#Real Estate

ADRES Microsoft

ADRES partners with Microsoft to strengthen its digital real estate platform

The digital platform uses technology from Azure, such as cloud-native space, including Azure Kubernetes Services

Alpha Dhabi ups stake in Aldar

Alpha Dhabi ups stake in Aldar, becomes single largest shareholder and parent company

As a long-term strategic shareholder, Alpha Dhabi will continue to support Aldar’s management team as they execute its growth agenda

ALDAR invests in ARONGA VENTURES FUND

Aldar partners with real estate technology investor, Taronga Ventures

The investment in the Taronga Ventures fund adds to Aldar’s investments in four other real estate technology funds

Majid Al Futtaim Joins MIT Center for Real Estate as a Strategic Partner

Majid Al Futtaim joins MIT Center for Real Estate as a strategic partner

Majid Al Futtaim – Properties, which is the first real estate developer from the MENA region to join MIT/ CRE as a strategic partner, will collaborate with the centre on in-depth research across areas of common interest

banke international Properties

Banke International Properties’ Porush Jhunjhunwala on opportunities for investors in UAE’s real estate sector

The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market

Scott Bond Property FInder UAE Country Manager

Cover story: Property Finder’s Scott Bond on why Dubai is a pioneer in real estate

The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why

ADGM new property legidlatiosn for off plan

ADGM issues new rules for off-plan property sales on Al Maryah Island

Abu Dhabi Global Market has also amended the existing real property related fees by enacting the Real Property Regulations (Fees) Rules 2022

Property finder launches tools to support real estate agents and buyers

Bayut & dubizzle to launch five new tools to serve buyers and agents

Developed with advanced algorithms, the new tools offer a range of features that will support both buyers and real estate agents

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments

How Central Park Towers, DIFC, opens up new avenues for Dubai’s real estate market

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments, explains why the project is an attractive proposition to its residents and businesses setting up base within the prime location

stake

The SME Story: Rami Tabbara, co-founder and co-CEO of Stake

A digital fractional real estate investment platform is offering a chance for those with limited budgets to enter the property market

damac properties us miami

Dubai’s Damac Properties makes US entry by winning $120m bid in Miami

The property in the Miami neighbourhood of Surfside will offer residents direct beach frontage and access to South Beach and Bal Harbour

Pupil ASME

AI specialist Pupil acquires ASME to expand in the UAE

Founded in 2008, ASME is a UAE-based company that specialises in all elements of property measurement

dubai real estate

Mo’asher: Dubai records 6,983 real estate sales transactions in April 2022

It marked a 45.5 per cent increase over the month of April 2021

SPID Houlihan Lokey Imperial Avenue

Houlihan Lokey raises around $200m for Shapoorji Pallonji for project in Downtown Dubai

Imperial Avenue, a 45-floor residential tower, is Shapoorji Pallonji’s flagship real estate project in the UAE

union properties

Shareholders of Dubai developer Union Properties approve continuity of company

The company board affirmed its support for legal action against the previous management

Sobha MD_Francis Alfred

Sobha Realty’s Francis Alfred on the demand for luxury properties in Dubai

The MD of Sobha Realty shares how the property developer is leveraging the positive trends in the market to benefit both its business and buyers

Property market Abu-Dhabi-e1645007828300

Abu Dhabi: Property market transactions reach Dhs11.3bn in Q1 2022

The UAE capital’s property market recorded 3,304 transactions, with Yas Island topping the list followed by Al Saadiyat Island and Al Reem Island

Metaverse mansion concept - union Square House

Union Square House to launch metaverse mansions in the MENA region

Real estate sales in the metaverse reached $500m in 2021 and it’s projected to grow at a CAGR of 31 per cent from 2022 to 2028

damac metaverse

UAE’s Damac Group to invest $100m in metaverse project

Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative

Rawabi Holding launches real estate vertical

Saudi’s Rawabi Holding expands into real estate

Rawabi Holdings has established Magnom Properties, the real estate vertical of the company, to oversee the construction of projects in the MENA region

by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved

Data is oil, says Antonello supino

Bayut & dubizzle’s Antonello Supino on harnessing the power of data

Bayut & dubizzle’s director of Data says proptech is reshaping the ways real estate is bought, sold, leased, managed and marketed

Seven Century Real Estate Brokers’ Naghmeh Sheikholeslami on the quarter’s key property trends

The CEO of Seven Century Real Estate Brokers, one of the top five DLD gold-ranked agencies in Dubai, shares how her company is leveraging the latest property trends

Investcorp sets up infrastructure investment platform in North America

Investcorp’s new platform will enable investments in critical infrastructure companies and projects across North America

Dubai’s residential market sees record growth in Q1 2022: CBRE

CBRE stated that the first quarter saw off-plan sales increase by 94.6 per cent and secondary market sales grow by 76.1 per cent over the previous year

real estate

Here’s how proptech is changing the real estate industry

Over the years, more complex technological tools have found their way into the real estate industry, changing the way properties are constructed, sold, and managed

In pics: Dubai’s most expensive residential villa on Palm Jumeirah

The ten-bedroom property with its private beach has just sold for Dhs280m

Dubai: Pupil sells first-ever verified NFTs of digitised real-world properties

The first sale globally was to a senior banking executive in Dubai

International Fund for Agricultural Development

Investcorp’s investments into European real estate portfolio climbs to EUR1.1bn

The investments were spread across 80 properties in the UK, Germany, the Netherlands, Italy and Belgium

Real estate 2.0: A more personalised experience to home buying

Buyers expect a certain amount of sustainability in their homes and commercial buildings