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REM TIMES curates the latest Real Estate News from Dubai, UAE and the world

Dubai Land Department Recognises Over 120 Real Estate Entities

Dubai Land Department Recognises Over 120 Real Estate Entities

January 29, 2025 | Staff Reporter | UAE | Developers

In line with its commitment to strengthening strategic partnerships and acknowledging the pivotal role of its partners in supporting Dubai’s real estate sector, Dubai Land Department organised the 2024 Stakeholders Forum under the theme ‘Shaping Achievements Together.’ The forum celebrated and honoured over 120 esteemed stakeholders from the government and private sectors, as well as representatives from the media.

The forum represents a significant step toward advancing the strategy for managing relationships with partners, enhancing collaboration and integration among various stakeholders, and contributing to implementing Dubai’s Real Estate Sector Strategy 2033 while supporting sustainable development. This recognition aims to inspire stakeholders to continue their dedicated efforts to achieve Dubai’s future vision of leadership and innovation.

“At Dubai Land Department, we are committed to strengthening our partnerships with you and providing all the necessary support and opportunities to continue the journey of excellence. Together, we will create a brighter future for Dubai’s real estate sector, ensuring that the emirate remains at the forefront of global cities.”

His Excellency Eng. Marwan Ahmed Bin Ghalita, Director General of Dubai Land Department

In his speech at the forum, His Excellency Eng. Marwan Ahmed Bin Ghalita, Director General of Dubai Land Department, emphasised the vital role of partnerships in achieving these accomplishments: “Today, we celebrate our collective achievements and extend our heartfelt gratitude to you, our esteemed stakeholders, who have always been and continue to be the driving force behind the successes of Dubai Land Department. You are the true partners in realising Dubai’s vision for leadership and excellence in the real estate sector.”

His Excellency added: “The achievements of 2024 reflect the depth of our mutual collaboration and the trust we share. Thanks to your efforts, Dubai has become the preferred destination for investors worldwide, successfully attracting over 110,000 new investors.”

His Excellency also stressed that Dubai is not merely a city but an ambitious vision driven by wise leadership, grounded in hard work and robust, effective partnerships. He continued: “At Dubai Land Department, we are committed to strengthening our partnerships with you and providing all the necessary support and opportunities to continue the journey of excellence. Together, we will create a brighter future for Dubai’s real estate sector, ensuring that the emirate remains at the forefront of global cities.”

At the conclusion of the forum, Dubai Land Department reiterated its gratitude and appreciation to all its stakeholders, reaffirming its unwavering commitment to strengthening collaboration to achieve the goals of Dubai’s real estate sector and solidifying its position as a global leader in investment and real estate development.

For more Dubai real estate news, log on to www.remtimes.com

Blue-Collar Workers to Witness ICC Champions Trophy

Blue-Collar Workers to Witness ICC Champions Trophy

As cricket fever sweeps across the UAE ahead of the ICC Champions Trophy 2025, Anis Sajan, Vice Chairman of Danube Group and fondly known as ‘Mr. Cricket UAE,’ has taken a heartwarming initiative to ensure that his blue-collar workforce can experience the thrill of live cricket. As part of Danube Group’s corporate social responsibility (CSR) efforts, Sajan has generously distributed 400 match tickets to these hardworking individuals, making their cricketing dreams a reality. Recognizing that man

AMWAJ Development, OCTA Properties Announce Collaboration

AMWAJ Development, OCTA Properties Announce Collaboration

AMWAJ Development, a real estate developer known for crafting innovative and high-quality communities, and OCTA Properties, a leading UAE real estate development management company, have announced an official collaboration for a luxurious new project in Meydan’s District 11, which will be Dubai’s first-ever low-rise, lagoon-facing development. An official signing ceremony took place at OCTA’s headquarters to formalise the partnership. The new five-floor project features elegant one- and two-bed

Dubai Real Estate Market Surges: Rental Prices Soar

Dubai Real Estate Market Surges: Rental Prices Soar

The Harbor Real Estate report highlights key developments and changes in Dubai’s residential and commercial rental sector during 2024, focusing on price trends, contract volume and value, and the top-performing areas in the market. Dubai’s residential and commercial rental market continued its growth trajectory in 2024, with notable price increases across several areas. This upward trend was driven by strong demand, continuous population growth, economic expansion, and a rising number of busines

Real Estate: Sobha One Awarded Green Mark Platinum SLE

Real Estate: Sobha One Awarded Green Mark Platinum SLE

Sobha Realty, the global luxury real estate developer, has announced its flagship Dubai project, Sobha One, has been awarded the prestigious Green Mark Platinum Super Low Energy (SLE) certification by Singapore’s Building and Construction Authority (BCA). This milestone achievement makes Sobha One the first building outside Singapore to earn this distinction, highlighting Sobha Realty’s commitment to environmentally friendly living experience.  In addition to the SLE certification, Sobha One ha

Dar Global Secures Financing for Luxury Real Estate Development in Oman

Dar Global Secures Financing for Luxury Real Estate Development in Oman

Dar Global, the London-listed luxury real estate developer, has secured financing from the National Bank of Oman (NBO) to support the development of AIDA, one of the most ambitious and transformative real estate projects in the region. The funding marks a significant milestone in the progress of the AIDA project, reinforcing its position as a landmark destination that will redefine luxury living in Oman. A joint venture with Omran Group, Oman’s leading entity for tourism development, AIDA seamle

Metropolitan Capital Real Estate Announces Record 2024 Year

Metropolitan Capital Real Estate Announces Record 2024 Year

Metropolitan Capital Real Estate (MCRE), a leading full-service real estate agency in Abu Dhabi and part of the Metropolitan Group, has announced exceptional results for 2024 in the Abu Dhabi real estate market.  The company closed over 1,200 deals, representing a remarkable 48% increase compared to 2023. The total value of these deals reached AED 4.8 billion, a 60% increase from AED 3 billion in 2023. The average transaction value also rose 21%, reaching AED 4 million. MCRE’s outstanding perf

Wasl Launches Avenue Park Towers at Wasl 1 Development

Wasl Launches Avenue Park Towers at Wasl 1 Development

UAE-based real estate management and development company Wasl is launching Avenue Park Towers – a luxury residential project – within the Wasl 1 development, near Zabeel Park. Offering a balance of city and park living, and a strategic mix of residential, retail, and commercial spaces, Avenue Park Towers will appeal to both investors and end-users. Its proximity to Zabeel Park, ensures access to green spaces within an urban setting. Home owners and investors can enjoy an address in a prime loca

MAG Group Appointed as Lead Developer for Marsa Zayed Beachfront Development

MAG Group Appointed as Lead Developer for Marsa Zayed Beachfront Development

MAG Group Holding, an award-winning diversified international real estate group based in Dubai, UAE, has been selected as lead developer to realise the first phase of Marsa Zayed, a major beachfront resort and residential community planned on the Red Sea in Aqaba, Jordan. Marsa Zayed is a transformational project to turn a 320-hectare (3.2 million m2) section of Red Sea beachfront into a tourism and business hub and a southern gateway to Jordan’s principle attractions, the UNESCO World Heritage

Real Estate Developer Deyaar Launches Phase 2 of Park Five

Real Estate Developer Deyaar Launches Phase 2 of Park Five

Building on the success of Phase 1, leading real estate developer, Deyaar Development PJSC (Deyaar), has announced the launch of Phase 2 of Park Five, a wellness-focused luxury residential community in Dubai Production City. Phase 2 will see the launch of 343 residential units that are sure to transform urban family experiences in Dubai. Phase 2 presents an innovative collection of studio, one bedroom two-bedroom and three-bedroom residences, designed to meet the sophisticated needs of contempo

Georgia's Real Estate: The Next Big Investment Opportunity

Georgia's Real Estate: The Next Big Investment Opportunity

As the global real estate landscape continues to evolve, investors are increasingly turning their attention to emerging markets offering high potential for growth and attractive returns. Among the most exciting destinations for real estate investment is Georgia, a country at the crossroads of Europe and Asia. With its rich culture, breathtaking landscapes, and rapidly developing infrastructure, Georgia is fast becoming one of the next big opportunities in the global real estate sector. In recen

Condor Launches AED 300m Premium Residential Project 

Condor Launches AED 300m Premium Residential Project 

In the backdrop of the robust and resilient real estate sector in Dubai with 2024 closing at record transactions, the homegrown luxury residential property developer, Condor Developers, today unveiled its fifth project – Condor Golf Links 18- an AED  300 million premium golf course facing residential project in Dubai Sports City. Condor Golf Links 18 will come up on a plot area of 47,000 square feet with a host of diverse amenities for premium residential living, and will offer a total of 250 r

DHG Properties Announces AED 300m Project in Meydan

DHG Properties Announces AED 300m Project in Meydan

DHG Properties, a real estate development company operating within DHG Holding based in Switzerland, has announced its second residential project in Meydan, one of Dubai’s increasingly prominent real estate hotspots. Building on the successful inaugural launch of Helvetia Residences in JVC last year, this new development marks a significant milestone in DHG’s expansion strategy for the UAE market. With a value of AED 300 million, the new Meydan project brings DHG’s total gross development value

Dubai’s Residential Real Estate Witnessed Growth in Q4 2024: Morgan’s International

Dubai’s Residential Real Estate Witnessed Growth in Q4 2024: Morgan’s International

Dubai’s residential property market continues to thrive, with robust growth observed in the final quarter of 2024. According to the latest report by real estate brokerage firm Morgan’s International Realty, the city recorded a total of 48,291 transactions in Q4 2024, marking a 1% increase quarter-on-quarter. The total worth of transactions reached AED 137.16 billion, reflecting a 5% growth from the previous quarter. The average price per square foot in Dubai stood at AED 1,562, with the highest

DLD Enables Private Property Owners to Convert to Freehold Ownership

DLD Enables Private Property Owners to Convert to Freehold Ownership

Dubai Land Department (DLD) announced that the private property owners in Sheikh Zayed Road area (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their real estate ownership status to freehold to all nationalities. A total of 457 plots are eligible for conversion to freehold: 128 plots along Sheikh Zayed Road and 329 plots in Al Jaddaf. The initiative is set to benefit landowners in these areas by enhancing the market value of their properties, particular

Dubai Land Department Encourages Property Owners to Join Owners Committees

Dubai Land Department Encourages Property Owners to Join Owners Committees

The Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department, invites all property owners residing in jointly owned properties to take the initiative and register for Owners Committees, in lines with the Jointly Owned Property Law in Dubai and with RERA’s ongoing efforts to enhance transparency and ensure the sustainability of properties in the emirate. The Owners Committees play a crucial role in empowering property owners and fostering their active involvement in managing r

Sharjah to Introduce Rental Index for Transparency

Sharjah to Introduce Rental Index for Transparency

Sharjah is taking a significant step forward in enhancing its real estate sector by introducing a rental index. This initiative aims to bring greater transparency to the property market and foster a healthier relationship between tenants and landlords, ultimately reducing disputes. The rental index, expected to launch soon, will serve as a reliable reference for rental values across different areas in Sharjah. By providing accurate and up-to-date information on rental rates, the index will empo

DAMAC to Invest $20 Billion in US Data Centres

DAMAC to Invest $20 Billion in US Data Centres

President-elect Donald Trump has announced a $20 billion foreign investment to build new data centres in the United States. Emirati billionaire Hussain Sajwani, Founder of the real estate development company DAMAC Properties, is pledging the money, Trump said. Sajwani, a Trump associate, is pledging “at least” that amount, the president-elect said at his Florida home, Mar-a-Lago. “They may go double, or even somewhat more than double, that amount of money,” Trump said of Sajwani’s company. The “

Dubai Land Department Announces International Championship

Dubai Land Department Announces International Championship

Dubai Land Department, in partnership with the Dubai Club for People of Determination and the Dubai Sports Council, announced the establishment of a real estate alliance to support and sponsor the ‘Fazza International Championships for People of Determination 2025’. The championships, set to commence on February 1, will be held under the patronage of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council (DSC) and Chairman of the Higher Committee for

Real Estate: AED 350m Deal to Reshape Dubai Business District

Real Estate: AED 350m Deal to Reshape Dubai Business District

Pride and Property LLC, a UAE-based boutique real estate firm, has successfully facilitated a landmark land transaction valued at approximately AED 350 million. The plot, located in the prime Business District along Sheikh Zayed Road, is set to host a striking new tower that will redefine Dubai’s skyline.

Keturah Completes Works for The Ritz-Carlton Residences

Keturah Completes Works for The Ritz-Carlton Residences

Keturah, the global luxury wellbeing real estate and hospitality concept, has announced key construction milestones with the completion of shoring, piling, excavation and infrastructure works at The Ritz-Carlton Residences, Dubai, Creekside. The project’s main contractor, CECEP Techand Middle East, has

ONE Development Unveils Laguna Residence

ONE Development Unveils Laguna Residence

ONE Development, a homegrown boutique real estate developer with offices and showrooms in Abu Dhabi and Dubai, recently revealed details of its flagship AED 2 billion project in Dubai’s City of

Real Estate Developer Mered Names New CEO

Real Estate Developer Mered Names New CEO

Mered, a leading international real estate developer, has announced the appointment of Michael Belton as its new Chief Executive Officer (CEO). In his new role, Michael will focus on expanding the

Sobha Group Launches Sobha Energy Solutions

Sobha Group Launches Sobha Energy Solutions

Global real estate company Sobha Group has marked its foray into a new business vertical with the introduction of the ‘Sobha Energy Solutions’, underscoring its steadfast dedication to delivering unparalleled services to customers.

DAMAC Properties Expands Into RAK

DAMAC Properties Expands Into RAK

DAMAC Properties, the leading luxury real estate developer in the UAE, has announced the launch of its inaugural project in Ras Al Khaimah – Shoreline by

ADREC Launches First Residential Abu Dhabi Rental Index

ADREC Launches First Residential Abu Dhabi Rental Index

The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi's real estate sector, has announced the launch of the first residential Rental Index for Abu Dhabi. Serving both tenants and landlords, the platform is designed to increase transparency, provide indicative rental values and support the stability of the capital’s growing rental market.

Emaar Achieves 56% Increase in Real Estate Sales

Emaar Achieves 56% Increase in Real Estate Sales

Emaar Development PJSC, the UAE build- to-sell property development business that is majority-owned by Emaar Properties PJSC, achieved 56% increase in property sales reaching to AED 29.7 billion (US$ 8.1 billion) for the first half of 2024 (January to June) compared to AED 19 billion (US$ 5.2 billion) for the first half of 2023.

Real Estate: RAK Properties Revenue Goes Up

Real Estate: RAK Properties Revenue Goes Up

In the first half of 2024, RAK Properties continued to see strong demand and performance across its residential and hospitality portfolio of projects. The real estate firm’s revenue grew 19% to AED 610 million ($166.1 million) for the first half of 2024 following strong demand for its diverse property portfolio of residential, commercial, and hospitality projects.

DLD Completes 647 Real Estate Settlements

DLD Completes 647 Real Estate Settlements

Dubai Land Department (DLD) has successfully completed 647 amicable real estate settlements worth more than AED 1.38 billion in the first half of 2024. Through the Oqoodi Platform service, 100% of the settlement agreements were approved, facilitating and expediting real estate settlements.

300 Brokers Attend DAMAC’s Brokers Event

300 Brokers Attend DAMAC’s Brokers Event

Leading luxury real estate developer DAMAC Properties held a key event organised in collaboration with the Dubai Land Department (DLD) to support and recognise the contributions of Emirati realty brokers in the UAE community.

The Luxe Developers Awards Golden Visa to Investors

The Luxe Developers Awards Golden Visa to Investors

The Luxe Developers, a UAE-based real estate development firm, has achieved a significant milestone by becoming the first off-plan developer in Ras Al Khaimah to secure a prestigious UAE Golden Visa for an investor. The investor

Demand for Uber-luxury Homes Peaks in Dubai

Demand for Uber-luxury Homes Peaks in Dubai

Rents have reached record highs due to unprecedented demand for uber-luxury properties in Dubai, with 270 rental transactions signed in the first five months of 2024 with annual rents of Dh1 million

Banke Opens New Office in the UK

Banke Opens New Office in the UK

Embarking on a journey of unparalleled success, Banke, with over a decade of expertise in UAE real estate, after spreading its wings in India, Qatar now

The Property Market of Dubai: 2024

The Property Market of Dubai: 2024

Dubai real estate is experiencing a bloom overpowering established markets like London, New York, and Hong Kong. the reports by various real estate companies have confirmed that

Carrying the Legacy Forward

Carrying the Legacy Forward

Equipped with a civil engineering degree, Ameya Jain, Managing Director of Kumar Lifespaces, embodies a distinct fusion of technical acumen and forward-thinking leadership. Having witnessed the growth of his family's

Work on Al Habtoor Tower Progresses Swiftly

Work on Al Habtoor Tower Progresses Swiftly

The UAE-based Al Habtoor Group said it has achieved a major milestone in the construction of its iconic 87-floor tower at Al Habtoor City, Dubai, with more than 23% of the work completed in addition to the piling phase.

Office Rents Rise in Singapore

Office Rents Rise in Singapore

Rents in Singapore’s office market rose in the first three months of the year, shaking off two consecutive quarters of declines as some tenants snapped up limited

Japan Gets its Tallest Skyscraper

Japan Gets its Tallest Skyscraper

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

Wasl’s Park Views Units Sold Out

Wasl’s Park Views Units Sold Out

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

Cavalli Tower Set to Redefine Luxury Living

Cavalli Tower Set to Redefine Luxury Living

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.

Damac Launches The Sapphire

Damac Launches The Sapphire

DAMAC Properties, a leading luxury real estate developer in the UAE, announced the launch of The Sapphire tower, the third launch completing the latest

Transforming Dreams into Reality

Transforming Dreams into Reality

In the dynamic canvas of India's ever-evolving infrastructure development, one luminary shines brightly—Sanjay Agarwal, Director and COO at IJM India

One Za’abeel Inaugurated in Dubai

One Za’abeel Inaugurated in Dubai

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

Citi Developers Inaugurates Experience Centre

Citi Developers Inaugurates Experience Centre

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

Emaar Properties Unveils Dubai Square

Emaar Properties Unveils Dubai Square

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

Golden Visa Removal May Affect Luxury Realty

Golden Visa Removal May Affect Luxury Realty

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.

Alphabeta Announces Launch of M77

Alphabeta Announces Launch of M77

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-,

Deyaar Launches Rosalia Residences

Deyaar Launches Rosalia Residences

Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has announced the launch of Rosalia Residences,

NEOM Launches Futuristic Community

NEOM Launches Futuristic Community

NEOM, the developer of Saudi futuristic city, has announced the launch of Aquellum, a luxury and experiential space embedded within the mountains, and the

Asteco Wins Big at IRECMS Awards

Asteco Wins Big at IRECMS Awards

Asteco Property Management, a leading real estate services company, has won the ‘Best Real Estate Management Consultancy of the Year’ award at the

Prada Buys Fifth Avenue Building

Prada Buys Fifth Avenue Building

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, Arady Properties Ink Deal

Deyaar, Arady Properties Ink Deal

Deyaar Development PJSC, one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties –

Egypt: ADVIDA's First Phase Sold Out

Egypt: ADVIDA's First Phase Sold Out

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

Dubai Penthouse Sold For $136 Million

Dubai Penthouse Sold For $136 Million

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

Arada Partners With Innoventures Education

Arada Partners With Innoventures Education

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.

MOMRAH Teams Up With Knight Frank

MOMRAH Teams Up With Knight Frank

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,

Vincitore Realty Unveils New Project

Vincitore Realty Unveils New Project

Vincitore Realty, a Dubai-based developer of high-quality residential properties and a pioneer in branded realty, recently unveiled Vincitore Aqua Dimore — the

IEREI Partners With DLD, RERA

IEREI Partners With DLD, RERA

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 Unveils Key Amenities

Jubail Island Unveils Key Amenities

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

Bloom Holding Launches Granada

Bloom Holding Launches Granada

Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of Granada, its first premium community living

330-metre Skyscraper To Come Up In NEOM

330-metre Skyscraper To Come Up In NEOM

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

Iman Developers launches 10 Oxford

Iman Developers launches 10 Oxford

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

British House Prices Fall By 5.3%

British House Prices Fall By 5.3%

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

London Office Market In ‘Rental Recession’

London Office Market In ‘Rental Recession’

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

Adeeb Wins Best Contractor Award

Adeeb Wins Best Contractor Award

Adeeb Group, a renowned leader in FM services, has secured the prestigious ‘Best Contractor HSE Performance for 2023’ award from ADNOC. This esteemed

Taraf Starts Construction Of Luce

Taraf Starts Construction Of Luce

Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has completed the groundbreaking for its upcoming property Luce,

Deja Vu Appoints Mohab Samak As CEO

Deja Vu Appoints Mohab Samak As CEO

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

Devmark and Condor Unveil Concept 7

Devmark and Condor Unveil Concept 7

Devmark, a leading real estate project sales and marketing consultancy, has partnered with Condor Developers to launch Concept 7, an exquisitely furnished

WeWork To Renegotiate Leases

WeWork To Renegotiate Leases

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

Phase 1 Of Society House Sold Out

Phase 1 Of Society House Sold Out

The Devmark Group, a leading real estate project sales and marketing consultancy in the UAE, and Invest Group Overseas (IGO), a Dubai-based investment

DAMAC Mall Officially Opens

DAMAC Mall Officially Opens

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

Emaar Plans Long-Term Expansion

Emaar Plans Long-Term Expansion

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.

Oman Real Estate Remains Affordable

Oman Real Estate Remains Affordable

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

Al Habtoor Announces 82-Storey Tower

Al Habtoor Announces 82-Storey Tower

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

3D Printed Villa To Come Up In Dubai

3D Printed Villa To Come Up In Dubai

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

Taraf Launches Terrazzo In JVC

Taraf Launches Terrazzo In JVC

Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has launched Terrazzo Residences in Dubai’s popular community

SODIC Strikes Deal with Beltone

SODIC Strikes Deal with Beltone

The ordinary general meeting (OGM) of Six of October Development and Investment Company (SODIC) agreed to sell EDNC Building No 1 at Eastown Project

DLD and DDA Sign an MoU

DLD and DDA Sign an MoU

The Dubai Land Department (DLD) and Dubai Development Authority (DDA) recently entered into a memorandum of understanding (MoU) to enhance

Japan Gets New Real Estate Leader

Japan Gets New Real Estate Leader

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-

Damac Launches Golf Greens

Damac Launches Golf Greens

Damac Properties has announced the launch of its premium residential project – Golf Greens – designed to be a key element within the company’s master

Real Estate on a Low in Kuwait

Real Estate on a Low in Kuwait

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

Saudi Arabia Shows Growth in Mortgages

Saudi Arabia Shows Growth in Mortgages

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

Danube Properties to Launch Elitz 2

Danube Properties to Launch Elitz 2

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

Breaking Away From Stereotypes

Breaking Away From Stereotypes

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

MG Developments signs on ECG

MG Developments signs on ECG

MG Developments announces signing a contract with Engineering Consultants Group (ECG) to monitor the implementation of ProMark Project in the NAC.

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