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REM TIMES curates the latest Real Estate News from Dubai, UAE and the world
November 27, 2024 | Staff Reporter | UAE | Developers
SOL Properties, a real estate developer in the UAE and the real estate development arm of the Bhatia Group, and Fairmont Hotels & Resorts, a luxury hotel brand within the Accor group, unveiled the most exclusive, 20,000-square-foot triplex sky mansion in Downtown Dubai.
Featuring five luxurious bedrooms, two private infinity pools, and a private elevator that services all three floors with direct access from the lobby to the sky mansion, this luxurious penthouse sets forth an exceptional lifestyle with its unrivalled scale, impeccable design with Italian marble flooring, breathtaking views, and world-class amenities.
Spanning the top three floors of the Fairmont Residences Solara Tower Dubai, which is currently under construction, this sky mansion presents a blend of cutting-edge technology with luxurious and functional spaces designed to satisfy the demands of the most discerning homeowner. Furthermore, the penthouse offers its residents panoramic views of some of Dubai’s most iconic landmarks, including the Burj Khalifa, the Dubai Fountains, the Burj Al Arab, and the Dubai Canal.
Ajay Bhatia, Founder and CEO of SOL Properties, stated: “We are excited to introduce this magnificent triplex penthouse to Dubai’s luxury real estate market. The city’s real estate sector continues to thrive, driven by strong investor demand and increasing global interest. Dubai has firmly established itself as a premier lifestyle destination, attracting global interest with its vibrant community, world-class amenities, and cultural diversity. Downtown Dubai, in particular, exemplifies the pinnacle of luxury living, offering an exclusive experience that resonates with high-net-worth individuals and discerning residents alike. With its focus on security, sustainability, and a dynamic, future-ready environment, the Fairmont Residences Solara Tower Dubai’s triplex sky mansion represents an exceptional lifestyle choice for those seeking the best in urban living.”
This residence embodies our commitment to seamless service and bespoke experiences, combining the highest standards of hospitality with the privacy and exclusivity that today’s discerning homeowners desire.
Sami Nasser, Global Chief Operating Officer at Fairmont
The spacious bedrooms within this penthouse, adorned with elegant timber flooring for comfort, feature their own en-suite bathrooms. Among these, there is a grand master bedroom with a private garden terrace and swimming pool, two master suites with walk-in wardrobes, and an entertainment room complete with a bar and multiple lounges, including a formal living room, a piano lounge, and a family lounge. It further includes a state-of-the-art chef’s kitchen and show kitchen, with Miele appliances, a private home theatre, and a dedicated private home office. The penthouse’s outdoor spaces are equally impressive with two stunning infinity pools, a 14-meter pool, a grand terrace that can accommodate 200 guests, a bar, a BBQ area, and a fully equipped outdoor fitness space, offering unparalleled relaxation and entertainment options.
Sami Nasser, Global Chief Operating Officer at Fairmont, stated, “We are thrilled to bring Fairmont’s signature luxury lifestyle and distinguished service to the heart of Downtown Dubai with the addition of this extraordinary triplex sky mansion. This residence embodies our commitment to seamless service and bespoke experiences, combining the highest standards of hospitality with the privacy and exclusivity that today’s discerning homeowners desire. We are confident that this new branded residence will set a new benchmark for luxury living in Dubai and beyond.”
The Fairmont Residences Solara Tower Dubai triplex sky mansion is currently available as off-plan.
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Sobha Group, a leading global luxury real estate developer, announced setting up Sobha Furniture’s second factory by signing a land lease agreement with
The agreement aims to develop various areas, including enhancing the competitiveness of Emirati professionals and facilitating their roles in the real estate sector
A group of investors led by private equity firm PAG announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda's mall unit.
The real estate landscape of Japan now boasts of a new tallest skyscraper, the Mori JP Tower. Rising to a height of 325.2 metres (1,066 feet) in Tokyo, the
The speedy momentum gathered by Dubai’s real estate sector in the last several years is expected to slow down a bit in 2024. After a fantastic 2023, the
MERED, a prominent international real estate developer, along with the globally renowned Pininfarina, an illustrious name in architectural design, successfully participated in MIPIM 2024 in
Dubai-based real estate brokerage Union Square House (USH) achieved AED 4.5 billion in property sales in 2023. This marks a 25% increase from AED 3.6 billion recorded in 2022, solidifying USH's
Dubai continues to dominate the global luxury property market, surpassing other international realty hotspots, with 2024 poised to sustain this trend. The
Wasl, one of Dubai’s largest real estate development and management companies, announces the successful launch and sell out of the first batch of units of
Aldar, the leading real estate developer, investor, and manager in the UAE, announced the landmark sale of Abu Dhabi’s most expensive apartment, a
Improving housing services to citizens, while adhering to the highest quality standards topped the agenda at the inaugural meeting of the board of directors of
As India’s property market experiences unprecedented growth, understanding the underlying factors fueling this boom becomes paramount. In an interview
With renowned international brands constantly looking for new ways to expand their portfolio, branded residences have witnessed a rapid surge across
Top real estate developers Nakheel and Meydan are set to join forces under the umbrella of Dubai Holding, Sheikh Mohammed bin Rashid Al Maktoum
According to Savills Hong Kong, strong demand for premium houses on the Peak contrasts with low interest in luxury rentals priced between HK$100,000 and
DHG Properties, a renowned Swiss real estate developer with a legacy of over three decades of excellence, cites that the Dubai real estate market noticed a
Sri Kurumba Educational and Charitable Trust, established in 1994 by PNC Menon and Sobha Menon to run various philanthropic projects (including the CSR programmes of SOBHA Ltd) has taken a significant stride towards
Emaar, the Economic City (EEC), and Mohammed Yousuf Naghi Group (MYN GROUP) marked a key milestone by signing a Land Sales Agreement recently at
The Real Estate Regulatory Authority (RERA) index for Dubai has been updated and is likely to impact tenants who have been living in properties for over two
Four U Development (FUD), a subsidiary of Al Batal Real Estate Investment Group, has launched O|Kardia, a mixed-use project in New Obour City, with a total
The residential developments of Dubai’s neighbouring city of Abu Dhabi have become much sought-after by investors across the globe. After a fantastic 2023,
Savills, an international real estate advisor, has continued its rapid strategic expansion with the hiring of a number of seasoned professionals
The pre-wedding festivities of Anant Ambani, the youngest son of India’s wealthiest person Mukesh Ambani, have put the Indian town of
As we navigate the economic currents of 2024, London's real estate market continues to remain an attractive investment destination for Middle Eastern
DAMAC Properties, a leading luxury real estate developer in the UAE, announced that the Cavalli Tower, its inaugural branded residential tower project in the UAE is on target for completion.
As the pinnacle of luxury real estate investment, Dubai continues to captivate investors worldwide with its unparalleled blend of opulence and stability. Amidst
Despite all the progress it has made, the global construction industry still sees less than 12% women in its workforce, underscoring the ongoing challenges
Amazon Payment Services, a regional leader in digital payments across the Middle East and North Africa (MENA), has announced a partnership with luxury tourism
The average unit price of new condominiums put up for sale in Japan in 2023 was ¥59.11 million, up 15.4% from the previous year
New Murabba Development Company (NMDC) has signed a Memorandum of Understanding (MoU) with the Tourism Development Fund (TDF)
In a major milestone, the Board of Directors of Deyaar Development PJSC, one of the leading real estate developers and service providers in Dubai
In the last few years, the UAE’s northernmost emirate Ras Al Khaimah (RAK) has been emerging as a realty hotspot
Morgan's International Realty, a Dubai-based luxury real estate brokerage and property investment consultancy firm, recently released
Dubai Land Department (DLD) concluded its participation in the International Property Show (IPS 2024),
Abu Dhabi’s residential sector has witnessed one of the best years on record, where a total of 11,200 units were sold across the capital,
Emaar Properties, a global property developer known for its architectural landmarks, announced the launch of two new major projects
Medical tourism is when people travel to another country or city to receive medical care because of considerations
His Excellency Engineer Marwan bin Ghalita, Acting Director General of Dubai Land Department
Dubizzle’s Annual Property Market Report for the Northern Emirates has revealed that the region’s real estate markets
Sobha Realty, a leading real estate developer in Dubai, announced a special bonus programme for all its employees
Leading Dubai-based property developer Binghatti, said it has achieved a significant milestone with the successful launch
A progressive real estate brokerage firm based in Dubai, Artha Realty helps both first-time buyers and seasoned investors
Union Properties is selling off non-core land assets and is receiving substantial financial support.
Provident Real Estate recently presented the Dubai Real Estate Market Report for 2023, showcasing a year of remarkable development and progress aligned
Shopping centres have always attracted footfalls for offering a range of retail and recreational spaces under one roof.
The Egyptian government, represented by the Arab Organization for Industrialization (AOI)
Residential transactions in Saudi Arabia, which accounted for 58.7% of all real estate deals by total value, registered a -16% fall in the number of deals to just
Filipinos’ fondness for online shopping is set to further boost Manila’s logistics property rents this year after surging nearly 40% in 2023, catapulting the
DAMAC Properties, a leading luxury real estate developer in the UAE, announced the launch of The Sapphire tower, the third launch completing the latest
Dubai continues to be the hottest prime residential property market, with capital values increasing 17.4% for the year, with a more modest 5.6% recorded in the second half. This performance is
Following an overwhelming response from discerning buyers, property developer AMIS has announced that The Woodland Residences, a luxury real estate
In the dynamic canvas of India's ever-evolving infrastructure development, one luminary shines brightly—Sanjay Agarwal, Director and COO at IJM India
Sharjah is considering new laws to govern the real estate sector in the emirate as the property market continues to flourish. Sheikh Sultan bin Mohammed bin
Leading Japanese architectural consulting firm Nikken Sekkei celebrated the official opening of its One Za’abeel project, wholly owned by the Investment Corporation of Dubai, with a ceremony at the
Real-estate consultants Colliers has bagged the $10-million contract for constructing Infibeam Avenues’ Artificial Intelligence and Technology Extension Hub at
Yasser Al Beltagy Architects (YBA) will design real estate projects with a total area of 500 feddan for several developers in 2024, according to its chairperson
Burtville Real Estate, a leading UAE real estate developer, announced launching the new Ville 11 in Masdar City, Abu Dhabi, to provide 111 residential units
Branded residences have become increasingly popular in the UAE due to the rising demand and development of such properties in the country. This
Luxury residential rents remained strong globally in 2023, outperforming capital values in 28 of the 30 cities tracked in the Savills World Cities Index, according
BMW Group Middle East and Emaar have announced a strategic partnership to expand the EV charging points in the UAE. As part of the partnership, BMW
Citi Developers recently inaugurated an experience centre on Jumeirah Road. “JVC is very strategically located and also densely populated. So that’s why our second project will also be
The King Abdullah Financial District Development and Management Company (KAFD DMC) announced a series of partnerships and collaborations at the second edition of the Public Investment
RealReports, a PropTech firm formerly known as BHR, has successfully raised $2 million in a seed funding round led by TTV Capital, Moderne Ventures, Erez Capital, alongside other
According to the Asteco 2023 Q4 real estate report, the UAE market witnessed unprecedented growth during 2023 despite the various global challenges. The
Aldar Properties will be putting in an additional Dh5 billion to create income-generating assets within Abu Dhabi, as the master-developer makes a push to
Dutco, a leading Dubai-based conglomerate with operations in real estate, construction, luxury hospitality, trading, and energy, and UAE-based Ellington
Dubai’s real estate market continues to thrive, positioning itself as a prime destination for investors seeking diversification and high returns. According to
Cenomi Centers, one of the largest owners’ operators, and developers of shopping malls in Saudi Arabia, has sold Sahara Plaza under its non-core asset
Arsenal and Sobha Realty have announced a new long-term vision for their partnership which will see the Dubai-based luxury real estate developer
RAK Central, a commercial and residential district in Al Hamra resort, has been revealed by Marjan
The average rental rates for Cairo’s retail sector, mainly shopping malls, have increased by at least 9% in 2023 compared to 2022, according to a JLL report.
ZÄZEN Properties, a homegrown sustainable property developer in the UAE, cites that Dubai’s off-plan real estate sector will continue to bolster the overall market’s growth; this segment has grown for four consecutive years and
Australia’s surprise move to scrap a visa programme that allowed wealthy mainland Chinese and Hong Kong property buyers to gain residency is likely to impact its high-end real estate market, according to an analyst.
Real estate developer AMIS announced its establishment in Dubai with the launch of its first project, The Woodland Residences, a AED 425 million
Provident recently hosted its annual awards ceremony at Banyan Tree-Bluewaters Island. The event was attended by more than 250 employees, marking a
The starry lights of these bustling cities beckon tourists and immigrants from across the world. Metropolises like Singapore, Paris and Los Angeles are not
Saudi Arabia has unveiled designs for a hi-tech stadium atop a 200-metre high cliff near Riyadh where the kingdom plans to stage games at the 2034 World Cup. The 45,000-seat
Majid Al Futtaim Development, part of Majid Al Futtaim, recently announced the breaking of ground across two upcoming residential features in its flagship
UAE-based Azizi Developments revealed plans to invest $1.5 billion to construct Burj Azizi, Dubai’s second-tallest tower,
Alphabeta Properties has announced the launch of M77, located in Meydan Avenue, Nad Al Sheba. The new residential project offers a variety of one-, two-,
Central Park Towers, the largest single-owned office development within Dubai International Financial Centre (DIFC), has announced the launch of its 116-
New home sales in the Greater Bay Area (GBA) might increase by 5% this year compared with 2023, thanks to improving transport networks and the
International real estate advisor Savills has started the year with a strategic and large-scale expansion of its regional residential team in the Middle East that will see its agency division
Discovery Land Company (Discovery), the international real estate developer and operator of private residential communities and resorts, has announced a
1. Nmq is located in Sheikh Zayed City
2. The 66-acre project expects to start deliveries in 2027
3. The mixed-use project is owned by Ahly Sabbour
Ajmal Makan Real Estate Development, a leading developer of versatile urban cities and communities, announced that it has completed the first and second
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, with Zain
Sharjah Sustainable City, the first sustainable master-planned community in the emirate of Sharjah developed in partnership with the Sharjah Investment and
Singapore new private home sales fell in 2023 to the lowest in 15 years, as housing curbs and weakening economic conditions began to weigh on the market.
Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has announced the launch of Rosalia Residences,
UAE luxury project developer Damac Properties has announced the launch of its first apartment complex within its upcoming master community, Damac
NEOM, the developer of Saudi futuristic city, has announced the launch of Aquellum, a luxury and experiential space embedded within the mountains, and the
Dubai’s Sheikh Zayed Road neighbourhood has been renamed after the world’s tallest tower – the Burj Khalifa. The 830-metre building — which recently
Leading UAE developer RAK Properties has announced the launch of its premium project – Quattro Del Mar – nestled in a prime location of Hayat Island, Mina
Aldar Properties, the leading real estate developer, investor, and asset manager in the UAE, is investing a further AED 1 billion to expand its logistics real
One of India’s biggest real estate developer DLF Ltd sold all the luxury apartments on offer in a 72 billion rupees ($865 million) project near the capital New
Asteco Property Management, a leading real estate services company, has won the ‘Best Real Estate Management Consultancy of the Year’ award at the
Dubai-based developer London Gate and Franck Muller, the Swiss luxury watch manufacturer, recently unveiled the Franck Muller Aeternitas – the world’s
Saudi-based Adel Real Estate has unveiled the blueprints for its mega project – Adel District – at Dammam in the kingdom’s Eastern Province. Spanning 5.6
Lozan Urban Development Group (LUD) has announced exceptional sales of EGP 2.5 billion from its innovative project, The Rift Business Park, which is
The retail property markets in China’s first-tier cities showed signs of improvement in the last quarter of 2023, and experts are projecting sustained momentum
Burj Khalifa, the world’s tallest edifice in Dubai, achieved a record-breaking apartment deal of AED 1.6 billion in the year 2023. This is according to the analysis
The property market of Vietnam saw both demand and supply slump in 2023 due to legal problems and lack of cash flows for developers. According to the
The Kingdom of Saudi Arabia has introduced a new system for the sale and rental of off-plan real estate projects, which was approved by the Council of
China could feel the effects of its property crisis for more than a decade, as it will take a long time to clear all the available and developing inventory in its
ZÄZEN Properties, a homegrown sustainable property developer in the UAE, explains that sustainable construction efforts must ramp up on the heels of COP
Hong Kong’s most valuable developer Sun Hung Kai Properties (SHKP) topped the city’s sales tables in 2023, accounting for over a quarter of the deal volume
Emerald Palace Group (EPG), which owns the luxurious Raffles The Palm Dubai, has announced that the Super Penthouse R1, the largest penthouse in
Singapore is set to auction off 29% more industrial land in the first half of 2024 in its biggest offering of shed sites in a decade, although experts anticipate tepid
Ras Al Khaimah’s (RAK) real estate market is providing a lucrative climate for property developers according to research from Colliers, conducted on behalf of
Realty Force Real Estate, a boutique agency specialising in high-end luxury properties, has been awarded the Top-Performing Agency 2023 in recognition of its
Arada has purchased a prime land plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), marking yet another significant expansion
The beginning of a new year means joy and hope for many people, but not for big Chinese developers at the dawn of 2024, after a downward trend in home
NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, recently announced a luxury coastal tourism destination, including a
Prada has agreed to buy the building housing its flagship store on New York’s iconic Fifth Avenue, one of the world’s top shopping streets, for US$425 million,
Deyaar Development PJSC, one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties –
London’s Mayfair neighbourhood is one of the most coveted and expensive districts in the British capital. A new report from Beachamp Estates found that the
Azizi Developments has renewed its tie-up with Elba, the Italian market leader in kitchen appliances, for six buildings in the fourth phase of Azizi’s mega-project
IGI Developments, a leading real estate company in Egypt, announced a new urban project in the new Sphinx City. The project covers 540 feddan and was
The real estate sector stands as an instrumental force in the UAE economy, constituting nearly 5.5% of the total GDP. Dubai, recognised as the world’s fourth
In the heart of Tokyo, an extraordinary trend is reshaping the landscape of the real estate market. The ultra-luxury residential sector is achieving unprecedented
Mountain View has announced that it has sold more than EGP 32 billion worth of units in the first phase of ALIVA, its latest project in Mostakbal City, within a
The inaugural edition of the World Realty Congress (WRC) organised by Plan3Media and the fourth edition of IRECMS ended on a grand note with a
UAE real estate developer Reportage has announced the launch of its new project, Royal Park, within the Masdar City in Abu Dhabi, thus enhancing the
Hong Kong’s biggest developer Sun Hung Kai Properties (SHKP) enjoyed another round of robust weekend sales, as big discounts and a positive interest rate
Arcilla Property Partners, a leading development and design company, has announced it has won contracts to develop and design more than 100,000
UAE-based Samana Developers has announced the official handover of its AED100 million ($27.2 million) wellness-themed residential project, Samana Golf
The worst is likely over for the luxury property segment globally, with prime home prices set to rise more than previously anticipated, according to a report by
VA Properties and RSG Group of Companies announced their strategic partnership for the launch of Fairmont Dubai Skyline Residences. This luxury project
ADVA Developments has successfully sold out the initial phase of the ADVIDA project, located in New Sheikh Zayed’s Green Belt area, west Cairo. The first
Storyliving by Disney recently announced plans for Asteria, a new residential community located near Raleigh, Durham and Chapel Hill, North Carolina.
Dubai-based real estate developer Select Group has acquired the Pentominium Tower, which will be the tallest residential high-rise tower upon completion in
The 44th edition of construction event Big 5 Global concluded recently in Dubai, recording an attendance of over 81,000 high-quality visitors from 166
Palace Luxury Living, a developer of super-prime residences, has announced its official launch setting an elevated standard for authentic luxury living
Alphabeta Properties, a luxury real estate firm that was founded by Emirati entrepreneur Abdulla Al Shaibani in 2016, has been reshaping Dubai’s skyline with
The 2024 outlook for the luxury property market is mixed, as prime price growth is revised upwards, headwinds may be easing, but several key risks remain
Knight Frank MENA has appointed Will McKintosh as the Regional Partner and Head of Residential MENA. With a distinguished career spanning more than 26
Binghatti Properties, one of Dubai’s largest real estate development companies, and Mercedes-Benz, luxury automotive company, have announced the reveal
Marriott International has signed an agreement with Bursa Malaysia-listed property developer IOI Properties Group to operate a new 350-room luxury hotel, W
The off-plan super prime real estate sector in Dubai continues to grow from strength to strength with high interest and record sales prices being attained in new
The UAE developer Aldar Properties has made its second big overseas acquisition by buying the whole of UK developer London Square. The deal has an
A new island in Dubai will house Las Vegas hotel brands like MGM, Bellagio and Aria. Spread over 3.5 million square metres, the $1.2-billion (Dh4.4 billion)
Andalusia Court, a prominent real estate development company, has announced the appointment of Al Wathba Contracting to spearhead the development of
Damac Properties, a leading luxury real estate developer in the UAE, has announced that work is in full swing on its prestigious branded tower Safa One de
Dar Al Arkan, the leading real estate company in Saudi Arabia, has announced the launch of Etoile by Elie Saab, paving the way for the
Saudi-listed developer Retal Urban Development Company has signed a SAR1.2 billion ($319 million) contract for a housing development
The Administrative Capital for Urban Development (ACUD) announced its intention to offer 50 new land plots for developers in the New Administrative
Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ).
Arada has opened Shajar, a nursery and visitor attraction that contains 130,000 trees
Dubai Multi Commodities Centre (DMCC) – the world’s flagship free zone and Government of Dubai Authority on commodities
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia
Australian home prices are back at record levels, recovering all of the 7.5% dip from their previous peak in April 2022
Al Habtoor Group has announced the official launch of the Ultra Residences & Sky Villas at Al Habtoor Tower,
Wasl, a leading UAE-based real estate management and development companies, sold out the first phase of its new
Sweid & Sweid, the Dubai-based real estate developer known for delivering high-quality commercial buildings for multinational corporations, has made a
The demand for office space in the City of London is growing so rapidly that, despite the shift to hybrid or remote work, the construction of 11 new skyscrapers
The government’s decision to simplify property ownership for foreign nationals has significantly impacted property searches in Indonesia. In terms of popularity,
Cushman & Wakefield has released its 33rd edition of Main Streets Across the World, which focuses on headline rents in best-in-class urban locations. Coming
UAE-based real estate firms AveNew by RH, Pride and Property and Landsmith Real Estate have announced the completion of a joint land transaction worth
China plans to take a page from Singapore’s social housing model to help end a multi-year property slump that has hammered the nation’s consumer
In alignment with the UAE’s preparations to commemorate its 52nd Union Day, Real Estate Regulatory Agency (RERA), an agency of Dubai Land Department
The upward trend in Dubai’s ultra-luxury residential property prices continues as demand remains unabated with a new penthouse on Palm Jumeirah selling for
The commercial real estate sector in the Asia-Pacific region hit a rough patch in the third quarter of 2023 as deal volumes fell 37% on year to $25.7 billion, the
Interest in Kiwi homes from the United Arab Emirates (UAE) has increased sharply in the weeks following the National Party’s proposal to lift the foreign
The retail mall landscape in Phnom Penh is undergoing significant challenges as traditional brick-and-mortar shopping faces competition from e-commerce, exacerbated by economic and geopolitical pressures.
Arada has announced a partnership with Innoventures Education, the UAE’s leading private education company, which will see the opening of a premium new K-12 international school at the Aljada megaproject in Sharjah.
Under the patronage of His Royal Highness Prince Badr bin Sultan Al Saud, Deputy Governor of Makkah Al-Mukarramah Region, and in the distinguished presence of His Excellency Mr. Majid bin Abdullah Al-Hogail,
In line with the transformative initiatives undertaken by Dubai, and under the directives of its wise leadership to enhance its position among the best economic
Deyaar Development PJSC , one of the leading real estate developers and service providers in Dubai, has reported a significant increase in its profits for the
Prince Badr bin Sultan, deputy emir of the Makkah Region, recently inaugurated the Jeddah South Obhur Waterfront Development Project and Bahjah Project.
Investment in commercial property in the Asia-Pacific region plunged to the lowest level in 13 years in the third quarter of 2023 as elevated interest rates
To reinforce transparency within the real estate market and promote adherence to relevant laws and regulations, Dubai Land Department (DLD) is
Knight Frank MENA has appointed Andrew Cleator as the new Associate Partner for the Prime Residential department in Dubai. Bringing over 17 years of
Danube Properties, the fastest-growing private real estate developer in the UAE, has launched announced Sportz, a stylish 39-floor tower that will deliver 1,100
Saudi Arabia’s two major cities, Riyadh and Jeddah, will see the addition of 14,000 new residential units in the last quarter of 2023, JLL said in its Q3 2023 real
The former president of the Jordan Housing Developers Association (JHDA), Kamal Awamleh, has said that the on-going situation in Gaza has for impacted the
Leading UAE project developer Damac Properties has announced the launch of Park Greens, its latest villa cluster within the Damac Hills 2 master
The Q3 2023 real estate report by Asteco, the UAE’s leading full service real estate company, highlights that Abu Dhabi's residential sales market is poised for
Barratt London, part of the prominent UK builder Barratt Group, has officially launched its latest development, Sterling Place, in New Malden, in the south-west
Vincitore Realty, a Dubai-based developer of high-quality residential properties and a pioneer in branded realty, recently unveiled Vincitore Aqua Dimore — the
Leading developers Dutco and Ellington have announced the launch of a new waterfront project – One River Point – at Business Bay in Dubai. This comes on
Innovation Experts Real Estate Training Institute (IEREI), a prominent institute in the Middle East that offers real estate knowledge to professionals of all levels,
Jubail Island, a $4.1 billion master planned megaproject in Abu Dhabi, has revealed an extensive line-up of key amenities set to launch across the island’s six
Dubai Developments, a real estate company in Egypt, has announced the launch of its latest residential project, Lumia Residence, in the New Administrative
Founded in 1968 by Dr Ahmed Saif Belhasa, the Belhasa Group has been a leading player in the industry for over 50 years. A diverse conglomerate that
LIV Developers, a leading international luxury residential development company in Dubai, has announced significant progress on two of its flagship projects,
Karma Developers, a luxury real estate company with major presence cross India, UK, Cyprus and UAE, has announced the launch of its new AED300 million
Abu Dhabi-based Aldar Properties said it sold out the first two phases of Haven by Aldar, with more than three-fourths of units snapped up by foreign investors
Abu Dhabi will soon build a new centre that will unify all real estate services and streamline property-related procedures. Sheikh Khaled bin Mohamed bin
FIAT, the global automobile brand, and UNLMTD Real Estate, a company specialising in real estate development, investment, and property management,
Dubai-based private developer Danube Properties said it is allocating real estate units worth Dh25 million to support charity and humanitarian programmes of
25hours, the acclaimed hospitality brand under Ennismore, is venturing into residential real estate with its debut project, 25h Heimat, located in the heart of
Meydan Group, the world-leading real estate master developer, has signed up Parkway International Contracting for the construction of Opal Gardens
Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of Granada, its first premium community living
Alef Group announced the successful launch of Nama 1, first building from the last cluster, Nama, in Al Mamsha Raseel Sharjah (Zone 3). Following the
Dubai World Trade Centre (DWTC) has announced that Expo Village, the only ready-to-move-in residential community located at Expo City Dubai, has
The latest project from Pantheon Development, Elysee Heights in Jumeirah Village Circle (JVC), has been sold out 100%, endorsing the rising demand and
Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding and internationally renowned fashion house KARL LAGERFELD
Saudi Real Estate Company (Al Akaria) has announced that it has reached an agreement with Royal Commission for AlUla and AlUla Development Company to
Ezdan Real Estate Company has announced the introduction of a range of upscale residential developments in Al Wakra and Al Wukair. These new
Al Marjan Island in Ras Al Khaimah is the next major destination for branded residences in the UAE as there is a fairly strong demand for such projects. The
JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has announced the
Aldar Properties has announced its first residential development in Dubai, Haven by Aldar (Haven), a community rooted in nature and wellness that creates an
In a new milestone in the Dubai real estate market, a penthouse on the Dubai Water Canal has been sold for a whopping $50 million (Dh183 million). The
Deloitte, the largest professional services firm in the world, has announced its plans to strengthen its presence in Saudi Arabia and set up its regional
SG Recruitment Group, a recently launched real estate and sales recruitment company in Dubai, marks nine months of operations and celebrates its
NEOM and DSV have announced a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in
In a message sent to residents, Nakheel has communicated an “important decision†to indefinitely suspend all community events and activities. This decision is
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea
Palm Hills Developments (PHD) has awarded Dorra Contracting the construction works of three commercial buildings in its flagship project Palmet New Cairo.
Stella Stays, the UAE proptech start-up known for its unique approach to flexible rentals, has announced the opening of its branded residences in the heart of
W Capital, a leading real estate brokerage based in Dubai, followed up the 10 largest deals of land selling in the Dubai since the beginning of
Sobha Realty, a leading real estate developer in Dubai, renewed its sponsorship agreement with Al Nasr Club for its first football team, in line
Imtiaz Developments, a boutique real estate developer in Dubai renowned for its portfolio of landmark properties has unveiled its experience
Sheikh Zayed Housing Programme (SZHP), an initiative under the Ministry of Energy and Infrastructure (MoEI), has signed an MoU with Masdar
Reportage Properties, the leading UAE real estate developer, organised a special sales day in Dubai, on Sunday, October 22, at the Westin
DHG Properties, a renowned Swiss property developer with an extensive track record spanning over three decades, confirms that it is on track to
ZÄZEN Properties, a homegrown sustainable property developer in the UAE, cites that Dubai’s real estate market
Saudi Arabia will develop a new luxury real estate and tourism development called Al Wadi.
Azizi Developments, a leading private developer in the UAE, has announced its collaboration with prominent Italian brand Technogym for the
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In a grand celebration of excellence and customer satisfaction, the Customer Happiness Awards 2023, organised by Plan3Media, concluded with remarkable
Expo City Dubai has unveiled its latest real estate units, the Yasmina Villas at the Expo Valley. These villas are launched with a limited number of properties,
The Saudi Real Estate General Authority (REGA) has begun legal actions against real estate brokers who were part of fraud and manipulation operations. As
Dubai Municipality has launched the world’s first system for certification and conformity marks in the field of 3D printing in construction industry, which will serve
Doha’s outskirts displayed opportunities for the real estate and construction sectors as Al Shamal, Al Shahaniya, Al Daayen and Al Rayyan municipalities saw
Saudi Awwal Bank has been awarded the SmartScore Platinum certification for its new headquarters SAB Tower, making it the first bank and third organisation
At the recently-held Cityscape Global in Riyadh, JASARA Program Management Company (JASARA PMC) and the Saudi Authority for Industrial Cities and
In a signing ceremony, the King Abdullah Financial District Management and Development Company (KAFD DMC) announced its strategic partnership
With its alluring features, including a welcoming environment, robust economy, cutting-edge infrastructure, and high-quality living, the city of Dubai is drawing
Dubai South Properties has announced the commencement of construction works for the first two phases of its South Bay project. Earlier this year, the
Zaha Hadid Architects has designed a 330-metre-tall skyscraper for the Trojena ski resort at NEOM, Saudi Arabia’s $500 billion ‘land of the future’. Named
National Properties, the real estate subsidiary of the UAE’s savings and investment company National Bonds, has announced that it has signed up East Coast
AlQamzi Developments Egypt, a subsidiary of the Emirati Al Qamzi Group, has announced that it has achieved EGP 9 billion in contractual sales in the past
Metropolitan Capital Real Estate (MCRE), a leading full-service real estate agency, has listed on an exclusive basis the most expensive luxury villa in Abu
Real estate consultancy Knight Frank has appointed Mohamed Nabil as the Head of Projects & Development Services for the Middle East and North Africa
The world’s first 5.5G villa was launched in Dubai recently, which would take residents to the next level of luxurious living. The new technology, developed by
Leading architectural and engineering consultancy SSH has partnered with King Abdullah Financial District Development & Management Company (KAFD
MERED, the reputed international real estate developer, has officially unveiled its ambitious partnership with Mirage, a strategic consultancy in developing and
The Dubai-based developer Mashriq Elite Developments has launched a new project Floareá Residence which would feature a waterfall among its amenities
Dhaka is about to see a transformative addition to its skyline as renowned Dutch studio OMA recently unveiled visuals of its first project – Dhaka Tower, one of
Leading developer Nakheel has announced a strategic partnership with Adriatic Marinas, the developer, owner, and operator of the world’s finest THYA
Diyar Al Muharraq, a leading real estate development company in Bahrain, has announced the start of construction on the third and final phase of its Al
Berkeley Group, a renowned developer of quality homes and neighbourhoods across London, Birmingham, and the South of England, had a successful
In the July-September quarter, for the first time in India, sales of high-end homes priced above Rs 1 crore have surpassed demand in the affordable segment,
Dubai's largest private developer, Damac Properties, has launched a new project in the Al Sufouh area, inspired by holiday living, while its design is an
Iman Developers, one of the leading luxury residential developers in Dubai, has announced the launch of 10 Oxford, valued at Dh 415 million. The remarkable
The Dubai Land Department has signed memorandums of cooperation with Elite Gulf Real Estate Training Institute, Innovation Experts Real Estate Training
Alta Real Estate, a leading developer in the luxury real estate market, has launched ‘Mr C Residences Jumeirah's Triplex’ in Dubai. This one-of-a-kind
In a significant move towards sustainable urban development and community empowerment, the Gujarat state government has joined forces with philanthropist
Trussardi and Luxury Living Group, which designs, manufactures and distributes the brand’s furniture line Trussardi Casa, have joined hands with the UAE-
Rekaz Developments, an Egyptian real estate company, has signed with Desoky & Soda and Vasko to bring strong brands to its Opal Business Complex
British house prices were more than 5% lower in September compared to a year earlier, matching a fall the previous month which represented the biggest
Azizi Developments, a leading private developer in the UAE, has revealed plans for Azizi Venice, its Venetian-inspired luxury waterfront lifestyle community, set
Damac Properties, a leading real estate developer in the UAE, has awarded two significant contracts for its flagship master development, Damac Hills. The
London’s embattled office market is in “rental recession†as empty workspace across the UK capital's West End, City and Canary Wharf business hubs hits a 30-year high, analysts at Jefferies said, pressuring shares of several top landlords
Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman launched a masterplan to develop Soudah and parts of Rijal Almaa into Soudah Peaks
London Gate, a major real estate developer in the UAE, has a number of projects under development in Dubai
Japan’s low interest rates, weak currency and rapid post-pandemic return to the office have fuelled overseas investor interest in its property market Transaction
Azizi Developments, a leading private real estate developer in the UAE, has built its newest futuristic 43,000-square-foot, two-storey Experience Centre in just
Alef Group, a leading real estate and retail developer in Sharjah, has announced the launch of Darb 5, a residential building at Al Mamsha Raseel (Zone 3).
Marriott International has signed an agreement with NEOM to open two luxury properties including Saudi Arabia’s first W Hotel and a JW Marriott hotel in
Adeeb Group, a renowned leader in FM services, has secured the prestigious ‘Best Contractor HSE Performance for 2023’ award from ADNOC. This esteemed
Much of the ageing building stock that populates our cities’ skylines has either passed into disrepair or dropped so much in value that it is no longer attractive compared to the
The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai has announced the launch of a new project to promote religious tourism in the
Located in the heart of Business Bay, Dubai, Al Habtoor Tower will unite three of the world’s foremost hyper sports car brands—Bugatti, Rimac, and Pagani—
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has announced that
Aldar Properties, a prominent real estate developer in Abu Dhabi, has announced a new partnership with Nikki Beach Global, a renowned luxury lifestyle
The Qatar Olympic Committee (QOC) and Qatar’s leading sustainable properties developer Msheireb Properties have renewed their ongoing partnership
House hunters queued from 3am on Wednesday to be among the first to buy property on Dubai's Palm Jebel Ali, amid a frenzy for luxury real estate in the city.
Barratt London and the recently launched Barratt London MENA office, led by UAE-based Hardington Residential, welcomed more than 100 VIP guests to a
ZÄZEN Properties, a Dubai-based leading sustainable property developer, cites that the existing total residential supply in the emirate was approximately
Kenya's Linzi Finco Trust is aiming to raise 3 billion shillings ($20 million) from the country's debut sale of Islamic bonds known as sukuk at a yield of 11.13%.   Â
MAG, one of the leading real estate developers in the UAE, has announced the appointment of Swissboring for a contract valued at Dh55 million to start
Dubai-based luxury real estate developer Omniyat has acquired Marasi Bay Marina from Business Bay LLC for an undisclosed amount. The purchase of the
The Saudi Arabia Ministry of Municipal, Rural Affairs and Housing has signed a Memorandum of Understanding (MoU) with Logic Consulting to boost the
The Uruq Bani Ma‘arid Reserve in Saudi Arabia has been inscribed on the UNESCO World Heritage List, as announced by His Highness Prince Bader bin
Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has completed the groundbreaking for its upcoming property Luce,
Rak Properties has launched Cape Hayat, a 668 residential development project on Hayat Island in Mina Al Arab. The new scheme will be
Deja Vu Real Estate, which was established in 2007, has appointed Mohab Samak as its new CEO and managing partner. Mohab Samak, a seasoned industry veteran with nearly two
In cities like Riyadh, Jeddah, Dammam/Al Khobar, Dubai, Abu Dhabi, Cairo, Muscat, Doha, Manama and Amman, the on-going urban development is placing a strong emphasis on
Dubai-based developer Danube Properties has achieved a significant milestone with the successful sell-out of one of the two towers in its latest project, Oceanz. The AED2.5 billion
In a stunning display of innovation and collaboration, Sobha Realty and Arsenal unveiled their global partnership through a spectacular drone show at
Dubai-based EssKay Holdings and Peace Home Real Estate business conglomerates have jointly ventured into UAE’s real estate market and are set to launch
South Africa's commercial capital Johannesburg has been ranked first in a study of world cities where buying property has become more affordable to its
State-backed Saudi developer Roshn Real Estate is set to spend around 10 billion riyals ($2.67 billion) on projects across the Gulf state. The company, owned
Leading global real estate consultancy, Knight Frank Middle East, has announced the addition of two accomplished industry professionals to its valuation and
Innovest, a premier investment and development company focussed on creating unique lifestyle communities throughout Saudi Arabia, has signed several
The Dubai-based IPS (formerly International Property Show), in partnership with the Dubai Land Department, has announced that it will be featuring an
Devmark, a leading real estate project sales and marketing consultancy, has partnered with Condor Developers to launch Concept 7, an exquisitely furnished
Sales events are emerging as a dominant player in the real estate sector, with Provident Estate paving the way. On September 23 and 24, Provident Estate will
Eagle Hills Diyar (EHD), the pioneering developer behind the iconic Marassi Al Bahrain project, has announced the completion of Marassi Park, a luxury project
Leading UAE developer Bloom Holding has signed up Emirates Link Maltauro as the main contractor to carry out the construction works for Toledo, the second
After the successful launch of the revolutionary luxury well-being real estate and hospitality concept, Keturah, MAG, one of the leading real estate developers in
Saudi-based Umm Al Qura for Development and Construction has announced that it has reached an agreement with Scope Properties for the construction of
Talaat Moustafa Group (TMG), one of the largest developers in Egypt, will build an integrated smart and sustainable residential city near the Saudi capital
The UAE-based hospitality brand Rove Hotels has announced its first branded residence project in Dubai, in partnership with real estate developers, Irth.
UAE-based Damac Properties has announced the launch of Volta, a 60-floor new fitness-inspired luxury residential development on Shaikh Zayed Road in
Affordable luxury residential developer, Pantheon Development, recently appointed Al Serh Al Kabeer Construction LLC as the main contractor and Al
The Bahrain Marina project will offer a unique blend of living and shopping with access to scenic beaches and water sports activities
ICON, the boutique landscape architecture and urban infrastructure firm, has inaugurated a new office in Riyadh, Saudi Arabia, and rebranded with a new
Barratt London and the recently launched Barratt London MENA office, led by UAE-based Hardington Residential, will be targeting Middle East investors
The value of Saudi Arabia’s real estate and infrastructure projects launched in recent years have crossed $1.25 trillion in the Kingdom, but affordability remains
In a bid to lower costs and rightsize its business, provider of co-working spaces WeWork said it is embarking on a plan to renegotiate nearly all of its leases
MERED, an international real estate developer, has announced its official launch in the UAE, choosing Dubai, one of the fastest growing cities in the world, to
The Devmark Group, a leading real estate project sales and marketing consultancy in the UAE, and Invest Group Overseas (IGO), a Dubai-based investment
Shinhan REITs Management Co., a real estate investment arm of South Korea’s Shinhan Financial Group, is poised to acquire a 65.8% stake in the Seoul
Diyar Al Muharraq, a prominent real estate developer in Bahrain, has unveiled its new project, Al Wasem, offering upscale seafront and inner residential plots
Central Park Towers, the prestigious office and event destination located in the heart of Dubai International Financial Centre (DIFC), is gearing up for the
Knight Frank is thrilled to announce the extraordinary growth and success of its Strategic & Consulting team in the UAE. Over the years, the team has solidified
Leading luxury real estate developer, DAMAC Group, has announced the opening of DAMAC Mall, a new retail and leisure destination in Dubai. The mall was
Dubai master developer Emaar has said that its board of directors is developing a long-term expansion plan which will encompass the next 15-20 years.
Penthouse.ae, powered by Metropolitan, a Dubai-based full-service real estate agency specialising in serving the needs of Ultra High Net Worth Individuals
ACUBE Real Estate Development LLC marked its entrance in Dubai’s thriving real estate sector with a ground-breaking ceremony for the first of several
Leading global real estate consultancy Knight Frank has seen a notable year on year increase in Middle Eastern visitors to London over the summer months
Mohamed Alabbar, the founder of Emaar Properties, reveals that the team is working on a fresh concept for the project
Leading diversified professional services and investment management company, Colliers, led the sale of Marjan Island Resort & Spa on behalf of Manazil
Q Properties, a real estate developer and subsidiary of Q Holding, has awarded the construction contract of Reem Hills Phase 1 villas to Trojan General
Ethos Asset Management, a private investment firm based in the United States that specialises in providing long-term project finances, has announced its
Embattled Chinese developer Country Garden said on Monday its $100-billion project in Malaysia was proceeding as planned and it had
PASHA Development, well-known Azerbaijani real estate developer and subsidiary of PASHA Holding, announced the signing of a
According to a 2023 report on branded residences by property advisor Savills, Dubai has the largest pipeline of branded residences within
A peer-to-peer platform that enables buyers to fund and invest in Australian real estate is set to launch next month, promising no interest
Centaline Property has said its mainland China unit is yet to recover a huge amount of unpaid commissions and so, it cannot pay
Leading UAE real estate developer MAG Group has awarded a contract to Plus Seven for the construction of its AED110 million ($30
According to the Deloitte Property Index 2023, Bosnia and Herzegovina is the cheapest country in Europe when it comes to housing. This
New York City officials are kicking off a proposal to convert empty office buildings into affordable housing units as remote work continues after the pandemic.
Roya Lifestyle Developments, the recently-launched real estate development company, unveiled its inaugural project outside the US, SLS Residences at
The New Urban Communities Authority has assigned marketing, selling, and customer service of the first phase of Arabesque project to Saudi Egyptian
Emaar Misr, one of Egypt’s leading real estate companies, has announced the opening of its new Address Beach Resort Marassi, on the country’s north coast,
Indian and Chinese companies are driving up demand for office space in Dubai, making the emirate the eighth most expensive market globally for prime offices
Dubai-based Samana Developers recently launched a Dh300 million Samana Golf Views residential project in Dubai Sports City, a popular freehold community.
GJ Properties, a UAE-based real estate developer, has launched Biltmore Sufouh Residence, a luxury hotel apartment project in Dubai. The project is located on
The Egyptian real estate market has experienced remarkable growth in recent years and unprecedented urban development coupled with a focus on
Canada’s housing situation is a crisis that requires decisive federal government action to spur affordable rental housing creation, along with buy-in from both
Parsons Corporation has been awarded a five-year contract by the King Abdullah Financial District Development and Management Company (KAFDDMC) for
The Dubai real estate market has entered a new era of strong and sustainable growth, which is the best in history, according to W Capital. The real estate
Property listings across Australia’s largest cities leapt by over 9%, according to PropTrack‘s Listings Report July 2023. This uptick was observed across the
Provident Real Estate won four awards at Sobha Stars Award Night held recently. Securing the first place in sales for both Q1 and Q2, as well as clinching the top
Dubai-based business conglomerates EssKay Holdings and Peace Home Real Estate have joined hands to set up a new venture, Empire Developments, in
China’s real estate giant Evergrande Group has filed for bankruptcy protection in the United States. The company has sought protection under Chapter 15 of
Leading UAE developer Damac Properties has announced the launch of its latest project, Damac Coral Reef, to be developed within the picturesque Dubai
Global real estate consultancy Knight Frank MENA has unveiled the Africa Horizons 2023/24 Report, a comprehensive analysis showcasing Africa's
Emaar Properties, Dubai’s leading developer, is open to taking on urban redevelopment projects in India, as it strives to build a new resort in the hills of India.
Global property consultancy Knight Frank announced the launch of its first office in Egypt located at the heart of Cairo, in Zamalek, marking the intersection
The Q2 2023 report by Asteco, a UAE-based real estate company, has revealed remarkable trends in the real estate markets of Abu Dhabi and Dubai. Both the
The recent Financial Stability Report 2023 of the Central Bank of Oman (CBO) has underlined the resurgence of economic activities leading to a recovery in the real estate market and
Egyptian developer Gates Developments is preparing to launch a mixed-use project in New Zayed City, the company CEO Hassan Nasr said. He didn’t disclose project name or
UAE-based Roya Lifestyle Developments has joined hands with leading lifestyle hospitality group Ennismore for the launch of its inaugural project - SLS Residences at Palm Jumeirah,
Family office and investment firm Vivium Holding has acquired Viva Sotheby’s International Realty in Spain.
Emaar Development PJSC, UAE's premier property development company specialising in build-to-sell property development business
Saudi-based Ajdan Real Estate Development Company is showcasing its unique projects being developed in the Kingdom's eastern coast of Al Khobar
Shares in WeWork, the once globally-hyped office space-sharing company, have plunged after it raised
Abu Dhabi-based Imkan Properties has announced the launch of the second phase of Kayan, a residential community located within the AlJurf Gardens
The real estate sector of Germany seems to be under major distress as the country’s largest real estate group Vonovia posted multi-billion euro losses and
MAG, one of the leading real estate developers in the UAE, has announced the handover of 546 townhouses at its MAG City development in Mohammed bin
The Real Estates Sector Business Group, operating under the Sharjah Chamber of Commerce and Industry (SCCI), has discussed with the Sharjah FDI Office
Dubai-based real estate agency Treo Homes has secured a multi-million dollar investment from a leading property developer in the region and is looking to
The Red Sea International Company said it has signed a contract worth SR29.1 million with The Fundamental Installation for Electric Work Company (First Fix) to
Sotheby's International Realty recently announced the opening of Türkiye Sotheby's International Realty. The addition marks the brand's continued growth in
UAE-headquartered Hardington Residential has signed an exclusive contract with Barratt London, part of the UK’s largest housebuilder Barratt Group, to
UAE-based real estate company Metropolitan Group was recognised as the sixth best workplace in 2023 in the medium-sized business category by ‘Great
Qatar’s residential property market has hit a speed bump triggering concerns that there is too much of new supply that’s built. Rents too have dropped across
The latest Savills Global Prime Office Costs (SPOC) analysis has found that Vietnam’s Ho Chi Minh City recorded the largest proportional increase across
Danube Properties on Saturday launched Elitz 3 with a development value exceeding Dh800 million. Located at the Jumeirah Village Circle (JVC), the project
A new home launch this week by Hong Kong property developer CK Asset at the lowest prices in seven years has shocked the market and could intensify a
Leos Developments, a leading international developer, has unveiled its luxurious 15,000-sq-ft show apartment set-up within Business Bay in Dubai. The
Private developers and governments across Africa are backing over two billion square metres of land reclamation and new city projects, costing over
Kerten Hospitality, a Ireland-based mixed-use, ESG and lifestyle operator, has reached an agreement with NEOM, the developer of a mega futuristic city in
Sharjah Sustainable City, the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in
Bahrain’s real estate market witnessed steady growth across residential sales, rents, and office spaces, according to leading real estate expert Savills. The
Al Habtoor Group, a leading conglomerate in the United Arab Emirates, is working on a state-of-the-art Al Habtoor Tower – a prime luxury project located in one
With COP28 on the horizon and deadlines to meet sustainable policies like UAE ‘Net Zero 2050’ and ‘Dubai 2040 Urban Masterplan’ inching closer by the day,
Knight Frank, a global leader in real estate consultancy, has appointed James Hodgetts as the newest partner in the Occupier Strategy and Solutions (OSS)
Australia’s property prices rose 2.3 per cent across the first half of this year, with Sydney leading the pack. Some of the Harbour City’s most desirable
Samana Developers, a fast-growing real estate companies in Dubai, has launched its Dh215 million ($58.53 million) California residential project in Al Furjan
Singapore’s private home prices rose 3.1 per cent in the first half of the year, official data showed, bucking a downward trend in global property markets and
Marriott Resort Palm Jumeirah, Dubai, the first Marriott Hotels resort in the UAE, has unveiled its spectacular collection of premium suites and penthouses
The Southern city of Hyderabad in India is all set to witness the development of the largest mega township with prominent real estate player Prestige Group
Saudi-based Retal Urban Development Company has joined hands with the National Housing Company for the launch of its first residential project, Nesaj
One of Dubai’s leading real estate agencies, Unique Properties, has observed an unprecedented surge in Dubai’s real estate sector, with a total of 60,440
Amwaj International, a leading real estate developer in Iraq, has broken ground on Karbala Gate, a $420- million mixed-use development featuring 796 state-
Saudi families seeking to own their first home are set to receive further funding support thanks to a new agreement. The Kingdom’s Real Estate Development
Saudi Arabia’s Housing Program, part of the Vision 2030 initiatives, is launching a new community in Riyadh to foster innovation in the sector. The programme
Dubai witnessed the completion of nine real estate projects worth Dh4.06 billion in H1 2023. According to data issued by the Dubai Land Department (DLD)
The residential sector in Saudi Arabia has experienced a decline in transactions during the first-half of 2023, with a 32 per cent decrease compared to the
Nakheel has launched Rixos Dubai Islands, Hotel & Residences, offering a resort lifestyle in a curated and relaxed setting situated in a prime location
Red Sea Global (RSG), the developer behind AMAALA and The Red Sea, has announced a partnership with Equinox, a luxury lifestyle brand, to create
Dubai-based property developer and real estate service provider Deyaar Development PJSC has begun construction on its three plots in Al Furjan consisting of
Dubai-based boutique developer Ellington Properties and Dutco, a UAE-owned company with operations in construction, manufacturing, oil and gas and
The UAE-based Luxury Assets Real Estate has announced a 67.2 million dirhams ($18.3 million) investment in India’s green energy sector.
Plan for 63-storey and 22-storey mixed-use buildings at 55 Bishopsgate in London have been approved. The City of London Corporation’s Planning
Dentons, the world’s largest global law firm, has strengthened its real estate offering in the Middle East by hiring senior lawyer, Hazel Shakur Quinn in the
Sharjah Sustainable City – the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority
Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year
Waterfront villa prices will continue to increase in Dubai due to limited supply while apartments have approached a new pricing plateau
Dubai has made history in 2023 by becoming the world’s leading luxury property market.
Bloom Holding, one of UAE’s foremost real estate development companies, has announced a guaranteed annual return on investment of up to 8 per cent .
China's property sector crisis has faced yet another blow as the shares and bonds of one of the country's biggest developers, Country Garden, have come
To increase the sector’s contribution to Gross Domestic Product (GDP), the Managing Director, PR Africa International, Adedapo Adelegan, has charged
Sales for newly-built homes in London have slumped to their lowest in over a decade as surging borrowing costs weigh on the city’s housing market.
Osool, a leading integrated real estate company in Saudi Arabia, said it has been signed up by the kingdom's General Organization for Social Insurance
Saudi Arabia's Jabal Omar Development Co.(JODC), the developer behind the mega mixed-used project in Makkah, said it has agreed to sell of plot of land
Dubai Municipality has announced that it has issued the first construction licence for a private villa using 3D printing technology. A four-metre-high structure will
Leading UAE-based developer Damac Properties has announced that its key development, Cavalli Tower, achieved a significant milestone with the initial
Arada has launched Saro, the seventh and final phase of Masaar, the mega-residential woodland project in the Al Suyoh district of New Sharjah. The release of
Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has launched Terrazzo Residences in Dubai’s popular community
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council
Saudi Arabia’s National Housing Company (NHC) has launched its innovative integrated living project ‘Sadayem’ in North Obhur in Jeddah.
Sobha Realty announced the pre-launch of Sobha SeaHaven – Tower B at the heart of Dubai Harbour recently
The ordinary general meeting (OGM) of Six of October Development and Investment Company (SODIC) agreed to sell EDNC Building No 1 at Eastown Project
As per reports, billionaire Asif Aziz is planning to build a three-storey mosque in one of central London’s
Bahrain Real Estate Investment Company (Edamah) has announced the start of construction work on two boutique hotels
A $650 million build-to-rent (BTR) project at Melbourne Quarter has been announced by Lendlease and Daiwa House.
The Dubai Land Department (DLD) and Dubai Development Authority (DDA) recently entered into a memorandum of understanding (MoU) to enhance
Already home to the iconic Burj Khalifa, the tallest building in the world, Dubai is now all set to build yet another staggering skyscraper which is touted to
Controversial Indian billionaire Gautam Adani’s real estate unit received the final approval by the state government to start the redevelopment of Dharavi,
Luxury residential and hospitality property developer Seven Tides has revealed that its competitive pricing strategy has generated record occupancy levels of
Japan has crowned a new top real estate developer for the first time in 30 years, thanks to a boost to tourism from the lifting of pandemic controls and work-
The average price for residential units in Dubai grew by 16.9 per cent on an annual basis, up from 15.9 per cent year-on-year from the data recorded in May
Leptos Estates, a leading developer in Cyprus, has unveiled an exceptional duplex penthouse mainly targeted at GCC investors, in Limassol. It occupies the
Damac Properties has announced the launch of its premium residential project – Golf Greens – designed to be a key element within the company’s master
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COVID-19's push toward hybrid work has driven the need for office space down with vacancy rates rising, McKinsey Global Institute said in a report that
Leading real estate developer Sobha Realty has successfully issued its debut $300 million 5NC3 sukuk. The pricing of this Islamic issuance, which includes a
Tech-enabled commercial property investment platform Property Share has completed the acquisition of Prestige Tech Platina in Bengaluru, India, for Rs 3.7
Proptech start-up Stella Stays announced the launch of two iconic residences in Al Barari, Dubai. Composed of 90 state-of-the-art units, the residences are
Egyptian developer Midar for Investment & Urban Development, formerly Mostakbal for Urban Development Company, plans to
International project management and cost consultancy firm Thomas & Adamson (T&A) has announced that it is delivering cost
Sixth of October Development and Investment Company (SODIC) has unveiled SPLANADA, its latest retail destination in New
Property developers Deyaar Development PJSC announced the launch of Jannat, the final residential district of Deyaar’s flagship community project
As part of its ongoing regional expansion, leading real estate advisory Chestertons MENA has appointed Ashley Hawthorne as the Head of Residential Agency.
Dubai-based real estate developer PMR Property, which specialises in hyper luxury properties, has collaborated with Foster + Partners, a renowned British
The real estate sector of Kuwait has been on a low in the first half of 2023 with the prices of real estate transactions going down. To make things worse, this
Dubai-based Mohammed Bin Rashid Housing Foundation has announced the launch of its ‘Innovative Investment Strategy’ that seeks to enhance the quality of
Plans for the first phase of a scalable, green hydrogen production, storage and distribution facility in Aberdeen, Scotland, powered by renewable energy, have
Homeowners and renters in the UK faced further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last
PNC Investments LLC (Sobha Realty), a renowned residential developer in Dubai, received a 'BB-' issuer credit rating by S&P Global Ratings with a positive
As per reports, Saudi Arabia’s mortgages grew sharply by 65 per cent in May to SR6.8 billion ($1.8 billion), a smart recovery from April’s SR4.1 billion. As per a
Despite an economic crisis in the nation, Egypt-based Capital Group Properties (CGP) is showing consistent growth in the market and has announced plans to
The booming luxury hotel market of Dubai will have yet another addition by the end of the year as premium hotel operators Dorchester Collection are planning
The high momentum attained by the real estate market of Dubai in the first five months of 2023 is most likely to sustain throughout the year, as per reports
Luxury real estate developer Sobha Realty recently introduced its uber-luxurious Sky Edition in Sobha SeaHaven. The edition has only three expansive units
Real estate firm Danube Properties, a unit of Danube Group, has announced the launch of its residential project Elitz 2 at the Jumeirah Village Circle (JVC) in
Abu Dhabi-based property investment firm Peninsula Real Estate has received a strategic investment from Fortinbras Enterprises to help it expand and
Dubai-based Samana Developers has launched a residential project named ‘Skyros’ worth AED 510 million (USD 138.8 million) in Arjan
Dubai’s pioneering experience in the real estate sector was showcased by the Dubai Land Department (DLD) at the inaugural ‘Qatar Real Estate Forum’.
The Parliament of Iraq has proposed a three-year budget that includes funds for nearly 7,000 projects in housing and other sectors, as per reports
Metropolitan Group’s flagship property company Metropolitan Premium Properties (MPP) and a full-service real estate agency has formed an ‘exclusive sales team’
The real estate market of Canada is on a high with prices and sales skyrocketing in most parts of the country
Even as the commercial real estate market of the United States looks for solutions with clients to keep loans from souring
Multi-national real estate firm Frasers Property has attained four Platinum certifications from WiredScore, a company known for its digital capabilities, smart
A recent study from Savills has shown that the new office supply in Singapore remained relatively low from 2020 to 2022. In 2022, considering the withdrawal
Nine new investment opportunities have been launched in four different regions across the Kingdom of Bahrain by the country’s Land Investment
Al Zorah Development Company, a joint venture between the Government of Ajman and Solidere International and the foremost holistic real estate master
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Thomas Murdoch, Deputy General Manager of Al Habtoor a leading conglomerate in the United Arab Emirates, unveiled its majestic Al Habtoor Tower, a premium residential development slated to
Sobha Realty, one of the UAE’s leading premium real estate developers, unveiled Sobha Hartland II, its new flagship mixed-use community
Toronto, the largest city of Canada, attracts people from across the globe for its work prospects and high quality of living. Hence, condominiums
SNS-Lavalin has been awarded the district cooling services contract for King Salman Park, a majestic green space which is being built in the heart of Riyadh.
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Provident Real Estate is proud to announce that it has been awarded the exclusive rights to launch and sell Al Habtoor Tower, the world's largest and most
The new “M8†resort is Marina’s latest phase and is expected to be delivered in three years
Emaar Properties celebrated the launch of The Oasis by Emaar, its latest waterfront luxury lifestyle destination, with a gala event held last night at the Armani
Turner & Townsend, the global professional services business, has appointed Associate Director Amal Khawaja to lead Strategy & Transformation in the
Dubai Municipality and the International Code Council (ICC) signed a Memorandum of Understanding (MoU)
In a historic development, Danube Properties, the UAE-based affordable housing pioneer and one of the most dynamic private real estate developers, signed a
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Barratt London has launched Wembley Park Gardens, a new landmark development being built in the heart of Wembley Park, north-west London’s latest
Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has unveiled the masterplan for Palm Jebel
IRES (Integrated Real Estate Services) is in a partnership with Al-Maha Petroleum Products Marketing Company. They have announced an initiative of a real
Deyaar Development PJSC (Deyaar), one of the leading real estate developers and service providers in Dubai, has announced the launch of Millennium Talia Residences, exquisitely
Dubai’s property sector continues to grow at record speed with hot new property listings and millions worth of investments driving a new era for home search in the UAE.
KEZAD Communities, a real estate investment company specializing in staff residential solutions
A Dubai-based developer has recently announced ambitious plans to construct the world’s first-ever Bitcoin (BTC) Tower, an innovative project that aims
Global luxury automotive brand Bugatti has tied up with leading UAE real estate developer Binghatti to launch its first Bugatti Residences in Dubai.
Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, has reported an increase in its profits in Q1
Emaar Development PJSC (DFM: EMAARDEV) the UAE build-to-sell property development business that is majority-owned by Emaar Properties PJSC (DFM
National Properties, the real estate subsidiary of the Sharia-compliant savings and investment firm National Bonds Corporation, has announced the launch
Colliers, a leading diversified professional services and investment management company, has launched a new residential brokerage division
InvestPro Turkiey Istanbul 2023 is a premier international business conference where leading experts and professionals from the wealth management,
A perfect storm of pandemic-induced remote work trends, ballooning interest rates, and a series of bank collapses have pushed commercial real estate
Dubai’s FAM Holdings to launch AED800m ($218m) Al Mahra Maldives Resort. The luxury hotel will be the Dubai-based developer’s first real estate expansion
Saudi Arabia's hospitality and entertainment sector is showing promising growth potential in the holiday homes market. According to industry sources, the
Q Developments announced the launch of its business in Egypt's real estate market in presence of journalists, the company’s officials, investors and success
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Meet Francis Alfred, the Managing Director of the dynamic real estate development company, Sobha Realty. He has amassed over 17 years of experience
Michel Adam, founder of FashionTV, commented, “I believe this project will perfectly reflect our brand’s values and aesthetics.â€
The Fund will invest in a luxurious business complex and a residential and commercial complex over two adjacent land plots spanning 54,503 square metres
Announced by the Supreme Committee for Development and Citizen Affairs, Dubai has begun an annual social initiative to support and assist in the complete
It has been about a month since China announced that it would once again issue visas to foreign tourists after a pandemic-induced three-year visa-issuing
According to a recent report by JLL on Egypt's real estate market, the country's real estate market remains resilient, supported by a record inflow of foreign
Sobha Realty, one of the UAE’s leading premium real estate developers, announced the launch of ‘Sobha Reserve’ project, worth AED 2.8 billion. Located in
Accuracy, a leading advisory firm, has released a report titled "Building tomorrow: The COP of Action. Recommendations to COP28 from the construction
As strategies to make real estate more sustainable mature, companies are starting to integrate social value initiatives alongside their environmental goals.
Arada is investing in a major new research and development (R&D) facility in Sharjah, bringing a new form of sustainable water treatment to the UAE
Equitativa (Dubai) Limited (Equitativa), manager of Emirates REIT (CEIC) PLC (Emirates REIT), today reported Emirates REIT’s financial results for the year
ROSHN Group, Saudi Arabia’s leading real estate developer and a PIF giga project, today announced a donation of SAR 25 million through its social
In a recent announcement, IFMA FM Consultants Council declared the appointment of Jawad AlTamimi as their new Regional Director - Middle East.
Scientific and technological advancements have transformed the working systems of all sectors. The industry, which previously relied on paper and human
Despite an overall drop in home values in Sydney, Australia, the luxury real estate market is experiencing high demand and significant sales due to the
Analysts at Morgan Stanley have recently raised concerns about the commercial real estate sector, which has been grappling with challenges since the onset
Earlier this week, Italian fashion group Dolce & Gabbana announced it would enter the real estate sector, with two residential schemes in the United States
Bahrain has announced the launch of the Golden License, which provides streamlined services and incentives to foreign and local businesses with large-scale
Red Sea Global has announced that the Red Sea International Airport (RSI) will open by the end of 2023. The airport has been designed to handle up to 1 million
During a conference organized by a nonprofit backed by a sovereign fund in Saudi Arabia, Adam Neumann, the founder of Flow, expressed his admiration for
Saudi Arabia is in the final stages of establishing a new system for foreign ownership of real estate, the General Real Estate Authority CEO Abdullah al-Hammad
The headquarters of the King Abdullah Financial District Development & Management Company (KAFD DMC) is the first building in Saudi Arabia to achieve
Although commercial real estate transaction volume*1 declined by 20% y-o-y globally in 2022, investment volume in Japan remained largely unchanged,
The collapse of Silicon Valley Bank (SVB) has sent shockwaves through the commercial real estate (CRE) industry, creating a cloud of uncertainty around
Dubai's real estate market is booming as the city’s economy continues to grow. The Emirate has become a major hub for international business and tourism,
Elevision, the premier digital-out-of-home (DOOH) advertising platform in the Middle East, has been a key player in revolutionizing the way advertisers target
ZÄZEN Properties, Dubai’s leading sustainable property developer, has observed an increased interest in sustainable real estate.
In light of Egypt's changing macroeconomic conditions, JLL, the world's leading professional services firm specialising in real estate, investment
Stantec, a global leader in sustainable design, recently announced it has earned the WELL Health-Safety Rating for six of its offices through the International
Fitwel, a leading wellness certification program, has announced the launch of a new data insights tool on its platform called the "Relational Data tool."
The real estate industry is one of the largest and most important sectors in the global economy. With the increasing demand for smart systems and AI-powered
Almost two-thirds of Dubai property owners polled (64%) plan to sell their respective unit to take advantage of current market conditions and 52% wo
The City of Sacramento has partnered with Sacramento Municipal Utility District (SMUD) and XeroHome to introduce an online tool designed to help single-
Held from December 5-8, 2023, in Dubai, IRECMS is the biggest real estate management event in the UAE.
H.E. Sultan Buti Bin Mejren, Dubai Land Department Director-General, today opened the 19th edition of the International Property Show,
Colliers, leading diversified professional services and investment management company, has announced the establishment of a new brokerage division in
Sharjah Sustainable City – the first sustainable master-planned community developed by the Sharjah Investment and Development Authority (Shurooq) in partnership
Saudi Arabia’s real estate sectors have recorded fragmented performance across cities and asset classes over 2022. Looking at Saudi Arabia’s office sector
The Canadian real estate industry is experiencing changes in 2023 due to macroeconomic factors such as rising interest rates, inflation, and high consumer
The overall perception of communities has changed over the last few years from being only physical
ESG, or Environmental, Social, and Governance, has become an increasingly important consideration for investors in the Middle East real estate sector.
Amna Bani Hashem has adorned many feathers on her cap. Be it an award-winning Emirati Show Jumper, a philanthropist, and an advocate of Women’s
More than a third of European investors plan to cut their allocations to real estate in the next two years, trade body INREV said recently...
Du, from Emirates Integrated Telecommunications Company (EITC), and Etisalat UAE, branded as etisalat e& announced the signing of a Master Developer Agreement...
A new real estate brokerage law, which the Cabinet approved recently, came into force along with its executive regulations on Wednesday...
Published by ShareAction today (17 January), the report documents a minimal increase in votes in support of these proposals across the world, particularly
Dubai-based retail and real estate conglomerate Majid Al Futtaim (MAF) announced that Ahmed Galal Ismail has been appointed as chief executive
Aldar Properties (‘Aldar&rsquo) has witnessed a robust year-on-year improvement in its ratings across three major global environmental, social
The Singapore real estate market will remain a bright spot globally, amid growing macroeconomic headwinds, according to Savills Research.
Dallas County has launched a plan to have all of its governmental buildings fully powered by renewable energy. County officials signed a three-year contract to
A new Canadian law took effect January 1 that essentially bans foreign buyers from buying residential properties as investments for two years.
Set to be built from ground up outside of Athen, Greece - The Ellinikon is set to be the largest urban regeneration project in Europe.This new project will be a 100% renewable smart city
Dubai Expo and Al Furjan Metro station received an accolade by The Prix Versailles Design Awards, both in the "Passenger Stations" category, across 24
The New York City Buildings Department released the first set of final rules for a landmark climate law passed in 2019 that aims to significantly slash emissions
REM Times announces the publication of REM 50, an exclusive collector’ s coffee table book of the year.
Enhancing buildings and communities and making them healthier, safer and smarter is a significant pillar of the comprehensive and sustainable development
Enhancing buildings and communities and making them healthier, safer and smarter is a significant pillar of the comprehensive and sustainable development
The latest Qatar Real Estate Market Trends Report from Property Finder, the region's leading PropTech company, revealed a considerable 2.97% increase in demand
Dar Al Arkan, the leading real estate company in Saudi Arabia, has launched the first 3D Construction Printed (3DCP) two-story, 9.9 meter high villa
Adding another feather to his cap, Prof Jeevan D’Mello, CEO of Zensis Corp. has recently been recently appointed by Woxsen University as an Executive Fellow.
HRH Crown Prince Mohammed bin Salman, Chairman of the Public Investment Fund (PIF), announced the launch of Saudi Downtown Company (SDC), which aims to build
When we look at the Dubai Real Estate workforce, women are clearly dominant, representing more than 60% of all realtors. However, at senior levels and leadership positions
Organized by Plan3Media Event Management, IRECMS has announced a flagship Dubai event scheduled for 6‘9th December 2022. The four-day grand event marks IRECMS’
Real estate developers stand to be among the biggest beneficiaries of the metaverse, with digital twins of their properties seen to help drive marketing and sales
IRECMS recently hosted an exclusive CEO Meet with Dr. Marshall Goldsmith. Held online, this one-of-a-kind meet witnessed industry leaders from the USA
IRECMS recently hosted an exclusive CEO Meet with Dr. Marshall Goldsmith. Held online, this one-of-a-kind meet witnessed industry leaders from the USA,
Last week, the Dubai Land Department (DLD) notified all owners, developers, property management companies, and tenants about the registration of their co-occupants in
Global leader in developing sustainable cities, URB has unveiled the Urban Tech District in Dubai, a development that will become a living laboratory where
Scotland‘s first minister has announced a freeze on rents in the social and private sectors and a moratorium on evictions to shield people from the cost of living crisis.
The upcoming FIFA world cup Qatar 2022, all set to commence on 20th November 2022, is expected to foster the short-term rental market growth in Dubai.
Leading French alternative investment fund manager Inovalis has announced that it has successfully closed its ninth transaction globally and the first US
H.E. Eng. Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), received an economic delegation from the Russian Federation,
Trepp, a data analytics company covering the commercial real estate sector, just released their 2022 CRE Sentiment Survey. While the survey‘s findings reveal that the U.S.
The Chartered Institution of Building Services Engineers (CIBSE), a global network of building services professionals,
Baptized as Ascent, this solid wood tower is in the USA, it is 86.6 meters high and it took two years to build. Until now, two Scandinavian countries housed the
Urbas has signed a strategic agreement with the Saudi construction company Arkal, owned by Prince Sultan bin Abdullah bin Abdulaziz Al Saud
XZERO City is a planned sustainable community providing a net zero carbon lifestyle for 100,000 residents
Nakheel, the Dubai-based world-leading master developer, has unveiled a new vision for Dubai Islands
MG Developments signs a partnership with the Expertise Consultancy House DSC International to supervise the implementation of The Mark
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Aldar Properties has joined the Science Based Targets initiative (SBTi)‘s Expert Advisory Group, making it the first Middle
Danube Home, the one-stop solution for all home improvement needs, based in UAE
The Saudi Arabian government&rsquos ambitious plan to build Neom, a city in the desert about the size of Massachusetts costing upwards
MG Developments announces signing a contract with Engineering Consultants Group (ECG) to monitor the implementation of ProMark Project in the NAC.
Dubai-based billionaire businessman Nawab Shaji Ul Mulk is in Zimbabwe for the groundbreaking ceremony ahead of the construction of a state-of-the-art complex in Mt
Kuwait has decided to revive a project it approved a few years ago to build a free trade zone in the Southern area near the border with Saudi Arabia, as per newspaper reports.
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