#Real Estate

Abu-Dhabi-Housing-Authority-has-announced-new-housing-projects-in-West-Baniyas-and-Al-Samha-regions-photo-Abu-Dhabi Housing Authority-

Abu Dhabi launches housing projects worth over Dhs7bn

The new housing projects, which are located in West Baniyas and Al Samha, include 1,742 residential villas for citizens

Cityscape Global Saudi Arabia Edition

Cityscape Global to debut in Saudi Arabia this year

Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global

EMAAR DOWNTOWN_DUBAI

Emaar records net profit rise of 43% to Dhs3.2bn for Q1 2023

Emaar’s group property sales reached Dhs9.2bn, an 11 per cent increase compared to Q1 2022

dubai Land department

Dubai Land Department launches Real Estate Innovation Incubator 2023

The initiative is aimed at encouraging the testing and commercialisation of new and innovative products and technologies in Dubai

Deyaar Development

Dubai property firm Deyaar posts 125% surge in Q1 profit

The property developer’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year

Abu Dhabi 2022 GDP

Abu Dhabi economy grows 9.3% in 2022 on non-oil activities boost

The city’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP

Aldar Properties Egyptian investment

Aldar Properties reaffirms its commitment to Egypt

The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector

Aldar Properties group CEO Talal Al Dhiyebi

Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit

The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years

Tecom Group Q1 Dubai-Media-City_web

TECOM Group’s Q1 2023 net profit rises 34% to Dhs255m

The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates

Azizi Developments

Azizi Developments enters hospitality sector; announces launch of global hotel brand

The company has appointed Michael Zager as its new chief operating officer – Hospitality

Knight Dragon’s Sammy Lee

How Knight Dragon plans to revolutionise Saudi Arabia’s real estate landscape

The developer shares the same vision as the authorities in Saudi Arabia and the company plans to open an office in Riyadh in Q4 2023

Bay Island

Dubai’s Jumeirah Bay Island plot sells for $34m, sets new record

The buyer, who doesn’t live in the UAE, is planning to build a family vacation home on the property

Dubai real estate

Here’s how much Dubai’s real estate sector recorded in Q1 2023

The sector maintained its high growth momentum recording 38,700 transactions

Emaar Properties dividendsEmaar Properties dividends

Emaar Properties approves dividends equal to 25% of share capital

The property developer plans to continue making healthy investments in its workforce while attracting top global talent to foster more inclusive growth

Dubai property market Morgan Stanley

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers

luxury real estate

Why Dubai’s luxury real estate market is a haven for investors

The luxury property market has shown no signs of slowing since it surged in 2021

Aldar unveils the Source

UAE’s Aldar Properties unveils homes dedicated to health and wellbeing

Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026

Sheikh Zayed Housing Programme

Sheikh Zayed Housing Programme approves Dhs298.7m in aid

The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades

Design Quarter D3 EXT 01

Meraas launches Design Quarter at d3, offers hub’s first luxury residences

Construction is set to begin this year and is expected to be completed in May 2027

Anna Skigin CEO of Frank Porter, on why people prefer short-term lets over hotels

Insights: Why people are choosing short-term lets over hotels 

Short-term lets have increased by more than 100 per cent in the emirate since the Dubai government relaxed laws around private property owners letting their homes out on Airbnb

SRC Alrajhi Bank Signing ceremony

Saudi’s SRC, Alrajhi Bank sign landmark refinancing deal

The deal is the largest of its kind signed in the Saudi banking industry

Expo City Dubai Duet Villas Valley View

Sales for two Expo City Dubai residential communities now open

The Devmark Group is the exclusive sales and marketing partner for Expo City Dubai’s residential offerings

How hospitality is reshaping Dubai's real estate landscape

How hospitality is reshaping Dubai’s real estate landscape

The growing stature of Dubai as a tourist destination is redefining developers’ strategies

St. Regis Residences

Over Dhs1bn in sales achieved at launch of St. Regis Residences, reveals Driven Properties

Located in Downtown, the project is set for completion in 2025

Cover story: How Magnom Properties is keen to invest in the future

The real estate arm of Saudi conglomerate, Rawabi Holding, is looking to be part of the solution on climate change

Shurooq unveils new identity

Sharjah’s Shurooq launches new visual brand identity

The new identity incorporates an abstracted Arabic letter and the English S to symbolise a beacon for investment and transformation

DHAM - Ahmed Al Suwaidi, Managing Director – Residential Communities, Dubai Holding Asset Management

Dubai Holding Asset Management’s Ahmed Al Suwaidi showcases the company’s tenant-centric focus

The managing director – Residential Communities shares how DHAM offers a broad spectrum of communities that cater to the needs of Dubai’s residential leasing landscape

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

Abu Dhabi records Dhs77.6bn in real estate transactions in 2022

The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn

The role of research and advisory in real estate

The involvement of research and advisory in real estate begins ideally at the concept and feasibility study stage of the project

Dubai's Emaar announces net profit rise of 80% to Dhs6.8bn, riding on record property sales

Dubai’s Emaar sees 80% net profit rise to Dhs6.8bn, supported by record property sales

Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches