#Real Estate

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

One of Dubai's most exclusive mansions is up for sale, it can be yours for... Image B1 Properties

One of Dubai’s most exclusive mansions is up for sale, it can be yours for…

The house is crafted with custom high-end materials, the interior showcases exclusive brands including Hermès, Baccarat THG Paris and Fantini Italy

Bay Views by RAK Properties Image: Supplied

RAK Properties’ Sameh Muhtadi on why Ras Al Khaimah is a magnet for investors

With its strategic location, favourable business environment and diverse investment sectors, RAK offers compelling advantages for investors seeking to maximise their returns, says RAK Properties CEO Muhtadi

real estate ads

Real estate agents be warned: Deadline against ‘fake’ ads fast approaching

A ‘fake’ ad is described as one where the real estate listing shows a property available on a portal or website but in reality, is either sold or rented out

ALDAR

Aldar reports record 40% net profit on sales surge

The company attributed the growth to its highest-ever quarterly development sales of Dhs8.5bn in Q4, with full-year sales reaching a record Dhs27.9bn

RERA fines 30 real estate companies for non compliances with T&Cs stipualted in ads GettyImages-1129092019-1

Dubai: RERA fines 30 real estate firms for this violation

The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance

EMAAR FY2023 results -photo-courtesy_emaar

Emaar FY2023 profit rises 70%, property sales reach $11bn

The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)

In numbers: Dubai real estate registers best-ever performance in 2023

The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023

7 reasons why investors can't resist Dubai's real estate sector by Espace's John Lyons

Seven reasons why investors can’t resist Dubai’s real estate sector

High rental yields, demand for luxury homes and return on investments, here’s why investing in Dubai’s property market is appealing, explains Espace Real Estate’s MD

Aldar invests Dhs22bn in development projects in 2023

UAE’s Aldar Properties unveils Dhs5bn investment plan

The office and retail assets are part of the property firm’s investment portfolio, which houses Dhs25bn of income-generating real estate assets

business

What is the average salary increase in the UAE in 2024?

More than one-third of companies have plans to raise wages by up to 5 per cent

Off-plan paints a brighter picture for Saudi homeowners, reveals report Image: Getty Images

Off-plan paints a brighter picture for Saudi real estate sector, reveals report

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

Sharjah real estate

The secret to succeeding in the UAE’s competitive real estate landscape

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.

Driven Properties’ Abdullah Alajaji on building resilience in real estate

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

UAE Golden Visa - Getty Images

UAE Golden Visa: Dubai makes major change to property down payment requirement

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.

Mercedes Benz Places by Binghatti unveiled Image Supplied

Binghatti unveils first Mercedes-Benz branded residential tower, here are the details

The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking

UAE economy to grow by 5% in 2024

UAE economy to grow by 5% in 2024, says S&P Global

The rating agency is projecting continued strong momentum in Dubai’s hospitality, and financial services sectors to drive growth in 2024/25

ROSHN group CEO David Grover

PIF-owned ROSHN Group’s David Grover shares the company’s ambitious plans

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

ALDAR LOGISTICS

Aldar Properties invests Dhs1bn to expand logistics portfolio

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

PIF-owned SRC extends refinancing deal with Alrajhi Bank - GettyImages-1667969985

PIF’s SRC extends refinancing deal with Alrajhi Bank, total value hits SAR10.8bn

The extension of this agreement is aimed at advancing the goals of the Vision 2030 Housing Program

Balancing act: DAMAC's Amira Sajwani shares her plans and vision

Balancing act: DAMAC’s Amira Sajwani shares her plans and vision

Amira Sajwani, DAMAC Properties’ MD for Sales and Development, shares how she’s shaping the future course of the real estate giant, while dedicating time to pursue her dream projects

UAE real estate - escrow account

How REITs are unlocking the potential of UAE real estate

REITs in the UAE are a crucial component of the real estate investment landscape and provide opportunities for both local and international investors