The office and retail assets are part of the property firm’s investment portfolio, which houses Dhs25bn of income-generating real estate assets
More than one-third of companies have plans to raise wages by up to 5 per cent
Off-plan sales can also stimulate and grow the banking sector to create financial solutions that could cater to different beneficiary segments, grow the real estate brokerage market, and stimulate multiple purchases from investors
The UAE’s real estate sector presents multiple avenues for success, but before entering the market investors must weigh various aspects based on past and present growth patterns as well as future prospects
Abdullah Alajaji, founder and MD of Driven Properties, explains the importance of establishing readiness for both good and bad times in the real estate sector
The UAE introduced the golden visa programme to allow for a 10-year residency to encourage exceptional individuals and foreign investors to establish deeper ties to the country.
The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking
The rating agency is projecting continued strong momentum in Dubai’s hospitality, and financial services sectors to drive growth in 2024/25
PIF-backed ROSHN’s group CEO tells us how the company is delivering on Saudi Vision 2030’s goals by building over 400,000 homes by 2030
The developer has acquired 7 Central logistics hub from Seven Seas Steel Industries in Dubai Investments Park, with an adjacent plot to build further logistics
The extension of this agreement is aimed at advancing the goals of the Vision 2030 Housing Program
REITs in the UAE are a crucial component of the real estate investment landscape and provide opportunities for both local and international investors
With its first project strategically located at MBR City, Arista has brough on board architect firm Hirsch Bedner Associates and One Broker Group as agency partner
The transaction is expected to have a positive impact on sales, given the opportunities to cross-sell across the two companies’ respective customer base
The issuance was offered in five and seven-year dual tenors, marking the final two tranches under its SAR20bn government-guaranteed sukuk programme
Three hundred and fifty-seven units will be up for sale in the first phase on December 5
The transacted land in Jumeirah Golf Estates overlooks an expansive view of the Fairways and houses over 1,500 villas, townhouses, and apartments
Residents can be connected with the telecoms provider to enjoy a seamless digital experience at a simple click of a button
With the forthcoming COP28 in Dubai, the momentum for sustainable real estate development in GCC countries is set to receive even greater international attention
Scheduled for handover in Q2 202, Aveline Residences features 263 apartments located in the heart of Jumeirah Village Circle
Atif Rahman, the founder and chairman of ORO24 Real Estate Developments, shares his remarkable journey, from his humble beginnings as a small-town boy to becoming a prominent figure in the UAE’s thriving real estate industry
Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)
The final phase of Haven, which includes further villas, townhouses, and apartments, will launch for sale to buyers of all nationalities in early 2024
The group’s Q3 earnings before interest, taxes, depreciation and amortisation rose by 13 per cent YoY to Dhs410m
Dubai Land Department data showed that Al Barsha South Fourth headed the list with 10,351 transactions, followed by Dubai Marina and Business Bay
Group sales during the first nine months reached a record Dhs19.4bn, up 109 per cent on the back of 11 project launches year-to-date and strong demand for Abu Dhabi properties
Construction of the first phase of Haven by Aldar is due to begin in Q2 2024, with handovers expected in Q3 2027
The event highlights the country’s commitment towards accelerating the growth and development of the real estate sector
Dubai Land Department’s RDC unveiled Metaverse Litigation a virtual platform for real estate litigation sessions and the new Judicial Probe service, which uses AI
Robin Ubaghs, co-founder of Propchain and the Welfare Group shares how his ventures are using blockchain technology to transform the real estate industry