#Real Estate

Sobha to build massive new towers along Dubai’s Sheikh Zayed Road

Dubbed Sobha Central, the landmark project will feature 1,225 new one- and two-bedroom residences housed within its first tower

Emaar Q1 2025 profit surges 27% as sales, backlog hit highs

Emaar rides strong sales to 27% profit boost in Q1

Recurring revenue from malls, hospitality, leisure, entertainment, and leasing reached Dhs2.6bn, up 11 per cent from Q1 2024

Dubai property prices set to double in next 5 years, says Driven CEO

The forecast comes amid the emirate’s recent strong growth in real estate prices

Abu Dhabi's IHC reports Q1 2025 numbers Image for illustrative purposes getty Images

Abu Dhabi: IHC reports net profit at Dhs4.1bn for Q1

IHC’s revenue increased by 41.1 per cent year-on-year to Dhs27.2bn, supported by strong performance across core verticals

Real Estate Moguls: Imran Farooq, CEO, Samana Developers Image Supplied

Samana CEO on off-plan frenzy, Dubai’s boom, and building an empire

In this interview, Imran Farooq explains why Dubai continues to attract global wealth amid geopolitical instability

MAG, MultiBank Group ink $3bn tokenisation deal for real estate assets

MAG, MultiBank Group ink $3bn tokenisation deal for real estate assets

Under the agreement, MAG will provide the real estate inventory for tokenisation, Mavryk will deliver the blockchain infrastructure and DeFi integration

RAK residential supply to double by 2030 shows report Getty Images

UAE: RAK’s residential supply set to double by 2030: report

More than 11,000 new residential units are projected for delivery by the end of the decade, based on launches through 2024, Savills’ report revealed

Eric Trump on why the Gulf is the future of luxury real estate

Eric Trump on why the Gulf is the future of luxury real estate

Eric Trump shares insights with Gulf Business on Trump Tower Dubai, the partnership with Dar Global and why the Gulf is a key focus for the brand’s luxury real estate expansion

DAMAC Chelsea FC partner to launch branded residence project

Chelsea FC, DAMAC to launch branded residences project in Dubai

The development is described as the first of its kind, with Chelsea FC’s identity incorporated throughout — from concierge services to high-performance facilities

HENGE Residences

Nord Lifestyle Development launches Dhs500m HENGE Residences

The project, located on Saadiyat Island, Abu Dhabi, marks the debut of Italian design house HENGE in the UAE real estate market

Dubai property is booming: What every investor should know

While apartments remained a significant segment, the villa market emerged as a standout performer

IMTIAZ breaks ground on Sunset Bay Collection in Dubai Islands with brand ambassador Hrithik Roshan

With Sunset Bay, Imtiaz now has 15 projects under construction on Dubai Islands.

ADGM introduces new digital service for real estate sector image ADGM

ADGM unveils ‘Virtual Sell and Purchase Service’ for property sector

The platform is designed to reduce processing times while ensuring robust security and full regulatory compliance

Nakheel unveils 3rd phase of Bay Grove Residences

Dubai Islands: Nakheel launches third phase of Bay Grove Residences

Dubai Islands spans five islands over 17 square kilometres, offering 20 kilometres of beaches and a mix of resorts, cultural venues, and open spaces

Residential sales to begin on DIFC's Heights Tower

Residential sales set to begin for DIFC’s Heights Tower

The project will feature 366 luxury residences, including one-bedroom apartments to four-bedroom duplexes

DLD, VARA ink key agreement to integrate property tokenisation

Dubai: DLD, VARA ink key agreement to integrate property tokenisation

This move positions Dubai at the forefront of integrating virtual assets into the real estate sector

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

Saudi Arabia opens doors to foreign investors in real estate

The ministry has outlined certain conditions for foreign investors to participate in these activities

Major real estate reform: Will Saudi Arabia implement a rent cap?

Saudi authorities have also lifted the ban on transactions related to sales, purchases, subdivisions, and permits in northern Riyadh

Omniyat unveils Beyond, new waterfront project

5 things to know about Beyond, Omniyat Group’s luxury development company

Headquartered in Dubai, Beyond is backed by Omniyat’s full resources and experience but is taking a more wide-ranging approach

Dubai Land Department launches Tayseer courtesy-Dubai-Media-Office

RERA’s Tayseer initiative to help property owners settle dues

The initiative is designed to foster collaboration among stakeholders and address challenges proactively before they escalate into legal disputes

Majid Al Futtaim reports FY 2024 results Image courtesy Majid Al Futtaim

UAE’s Majid Al Futtaim posts 2024 results, reports Dhs33.9bn in revenue

Majid Al Futtaim’s properties’ division delivered a 25 per cent net revenue increase, driven by strong performance across malls and its residential real estate portfolio

DWTC Expands Horizons: Record Events and Real Estate Growth in 2024

DWTC reports record events, real estate growth in 2024

Dubai World Trade Centre (DWTC) has broken new records in terms of attendance numbers at several of its key events, with 2.65 million attendees across their events last year

Dubai to add over 11,300 hotel rooms by 2027; nearly 4,620 expected in 2025

Dubai to add over 11,300 hotel rooms by 2027; nearly 4,620 expected in 2025

According to a report by leading real estate advisory group, Cavendish Maxwell, in 2024, the emirate added 4,255 rooms across 19 new hotels, marking a 2.9 per cent increase in its hospitality sector

Khalid Bin Kalban, VC & CEO, Dubai Investments

Dubai Investments posts 21% rise in 2024 profit

The group will launch several mixed-use real estate projects in the UAE while remaining focused on the timely execution of projects in hand

Aldar Investment raises $500m through an oversubscribed green sukuk

Aldar Investment raises $500m through an oversubscribed green sukuk

The proceeds will be used in line with Aldar’s Green Finance Framework to refinance sustainability-accredited real estate within AIP’s portfolio

Insights: Real estate in Dubai could shift to net-zero buildings by 2030

Insights: Real estate in Dubai could shift to net-zero buildings by 2030

Public-private partnerships will be instrumental in bridging capital gaps, accelerating innovation and ensuring regulatory alignment

Dubai real estate sales in February reached AED 51.1 billion, a 39.91_ increase in value on the same month last year.

Dubai real estate sales hit Dhs51.1bn in Feb; see top performing areas

Dubai’s February property sales have seen a 449 per cent increase in value over the past five years

The wilds

Aldar launches The Wilds, a nature-themed development, in Dubai

The Wilds will officially launch for sale on February 27 at the Coca-Cola Arena in Dubai

Sales commence for Burj Azizi, the world’s second-tallest tower

Locations for the sales launch include Dubai (Conrad Hotel), Hong Kong (The Peninsula), London (The Dorchester), Mumbai (JW Marriott Juhu), Singapore (Marina Bay Sands), Sydney (Four Seasons Hotel), and Tokyo (Palace Hotel)

Dubai poised to outpace global prime residential growth in 2025: Savills

Dubai poised to outpace global prime residential growth in 2025: Savills

Dubai’s prime residential capital values are forecast to grow by up to 9.9 per cent in 2025, the highest among 30 global cities tracked by Savills