#Real Estate

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

Dar Al Arkan, ROSHN partner on SAR215m project in Sedra community

Dar Al Arkan, ROSHN ink deal on SAR215m project in Sedra community

Spanning 56,280 square metres, the project featuring villas will seamlessly blend modern amenities with Saudi heritage

Cash buyers dominating Dubai’s luxury property market in 2024 as city logs $1.7bn in Q1 sales

Palm Jumeirah has been the most sought-after area, accounting for 36.3 per cent of sales by total value, followed by Jumeirah Bay Island and Dubai Hills Estate

Dubai South Properties awards Dhs1.5bn contract to AL Kharafi to build new phases

Dubai South awards Dhs1.5bn contract to develop new South Bay phases

South Bay is envisioned as a premier residential community located in the heart of the Residential District in Dubai South

Dubai ALEC IPO on the cards

Dubai considers IPO for ALEC amidst property boom: Reports

Investment Corporation of Dubai is said to consider listing ALEC

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi unveils new Dhs3.5bn residential project for citizens

The Yas Canal project in Abu Dhabi will comprise 1,146 residential villas for UAE Nationals and is scheduled for completion in Q4 2027

AHS Properties CEO Abbas sajwani Image Motivate Media Group

‘Location sets the stage for luxury living’, says AHS Properties’ Abbas Sajwani

Keen to step outside the box and reimagine the expected, entrepreneur and AHS Properties CEO Abbas Sajwani is not just selling dream homes – he’s redefining the landscape of luxury living

New Murabba Mukkab

Saudi’s New Murabba ‘open for international investment’, says CEO

Already making significant strides in laying the groundwork for the iconic Mukaab building, the company has excavated nearly four million cubic metres of material

Nobu Residences Abu Dhabi_Penthouse Villa Terrace

Abu Dhabi’s most expensive penthouse is sold, here’s what it cost

The unit sets a new benchmark for price per square metre at more than Dhs96,000 per square metre and is the most expensive apartment ever sold in Abu Dhabi

Nouran Living by Aldar launches in Abu Dhabi Image: Aldar

Community takes centre stage at Aldar’s new Nouran Living

Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027

Reed smith experts on how Saudi giga-projects can introduced innovation to offset risks

Saudi giga-projects: How innovation can offset risks

There is an increasing awareness in the kingdom’s construction market of the necessity for more collaborative contracting methods to get these giga-projects across the finish line – efficiently and profitably

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

Real Estate Moguls: Meet Imran Farooq, CEO of Samana Developers

Farooq’s leadership philosophy is embodied in SAMANA Developers’ “On Time, Every Time” commitment, a cornerstone of its success

Bik Bhuptani and Paul Simmons on why regional investors continue to be interested in the real estate sector in the UK Images supplied

Power Letters 2024: Regional investors retain interest in UK real estate

Despite economic headwinds, trends reflect a growing demand for green and ESG-compliant real estate assets in the UK

UAE

UAE’s property market shows no sign of cooling off, says CBRE

The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent

Rizwan Sajan.

Rizwan Sajan: From Dubai’s 1% Man to 101 levels

Rizwan Sajan, the founder and chairman of Danube Group, is famous for being the “1 per cent man in Dubai”, but he’s reaching fresh heights with his company’s latest tower project

Binghatti marks successful $300m sukuk issuance

Dubai’s Binghatti celebrates successful $300m sukuk issuance

The issuance marks the first real estate benchmark US dollar-denominated sukuk from the MENA region in 2024

Meet Hassan El Shazly, CEO of Sodic Properties

Real Estate Moguls: Meet Hassan El Shazly, CEO of Sodic Properties

The company’s presence in the bustling Business Bay district has not only contributed to its success but is also playing a pivotal role in shaping Dubai’s skyline

Dhariwal is expanding his ventures to Dubai

Real Estate Moguls: Meet Amit Dhariwal, managing partner, Hridaan Realty

Dhariwal is expanding his entrepreneurial reach to Dubai to replicate the success and excellence achieved in India

Abdullah Alajaji on how Driven Properties is scaling new heights

Real Estate Moguls: Meet Abdullah Alajaji founder & CEO of Driven Properties

Being part of Forbes Global Properties highlights Driven Properties’ exceptional track record in the luxury real estate sector

Carlos Wakim on how Bloom Holding is redefining living

Real Estate Moguls: Meet Bloom Holding’s Carlos Wakim

Wakim leads operations across all of Bloom Holding’s companies, including real estate, education investments, and hospitality

ROSHN’s group CEO on transforming Saudi living

ROSHN CEO David Grover on transforming Saudi’s housing sector

The group GCEO tells us that ROSHN is a catalyst for economic growth and diversification in addition to raising homeownership rates in the country