Real Estate Archives | Gulf Business https://gulfbusiness.com/section/industry/real-estate/ Thu, 25 May 2023 02:01:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Real Estate Archives | Gulf Business https://gulfbusiness.com/section/industry/real-estate/ 32 32 Abu Dhabi launches housing projects worth over Dhs7bn https://gulfbusiness.com/abu-dhabi-housing-projects-worth-dhs7bn-launched/ https://gulfbusiness.com/abu-dhabi-housing-projects-worth-dhs7bn-launched/#respond Thu, 25 May 2023 02:01:11 +0000 https://gulfbusiness.com/?p=255429 The new housing projects, which are located in West Baniyas and Al Samha, include 1,742 residential villas for citizens

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Aldar Investment Properties raises $500m from inaugural green sukuk https://gulfbusiness.com/aldar-subsidiary-aip-raises-500m-green-sukuk/ https://gulfbusiness.com/aldar-subsidiary-aip-raises-500m-green-sukuk/#respond Thu, 18 May 2023 09:19:50 +0000 https://gulfbusiness.com/?p=254624 Proceeds of the sukuk will be used in accordance with Aldar’s Green Finance Framework to finance green initiatives and acquisitions

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Cityscape Global to debut in Saudi Arabia this year https://gulfbusiness.com/cityscape-global-set-to-launch-in-saudi-arabia/ https://gulfbusiness.com/cityscape-global-set-to-launch-in-saudi-arabia/#respond Mon, 15 May 2023 04:58:33 +0000 https://gulfbusiness.com/?p=254339 Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global

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Abu Dhabi-based IHC posts 20.5% rise in Q1 net profit to Dhs4.3bn https://gulfbusiness.com/ihc-posts-20-5-rise-in-q1-net-profit-to-dhs4-3bn/ https://gulfbusiness.com/ihc-posts-20-5-rise-in-q1-net-profit-to-dhs4-3bn/#respond Fri, 12 May 2023 04:43:42 +0000 https://gulfbusiness.com/?p=253983 The company achieved a robust revenue increase of 50 per cent versus Q1 2022, reaching Dhs15.7bn during Q1 2023

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Emaar records net profit rise of 43% to Dhs3.2bn for Q1 2023 https://gulfbusiness.com/emaar-records-net-profit-rise-of-43-for-q1-2023/ https://gulfbusiness.com/emaar-records-net-profit-rise-of-43-for-q1-2023/#respond Fri, 12 May 2023 04:22:06 +0000 https://gulfbusiness.com/?p=253977 Emaar's group property sales reached Dhs9.2bn, an 11 per cent increase compared to Q1 2022

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Dubai Land Department launches Real Estate Innovation Incubator 2023 https://gulfbusiness.com/dubai-land-department-real-estate-incubator/ https://gulfbusiness.com/dubai-land-department-real-estate-incubator/#respond Thu, 11 May 2023 05:22:01 +0000 https://gulfbusiness.com/?p=253849 The initiative is aimed at encouraging the testing and commercialisation of new and innovative products and technologies in Dubai

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Dubai property firm Deyaar posts 125% surge in Q1 profit https://gulfbusiness.com/deyaars-q1-2023-net-profit-is-up-125/ https://gulfbusiness.com/deyaars-q1-2023-net-profit-is-up-125/#respond Wed, 10 May 2023 05:34:30 +0000 https://gulfbusiness.com/?p=253618 The property developer’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year

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Aldar Properties reaffirms its commitment to Egypt https://gulfbusiness.com/aldar-refutes-egypt-investment-hold-off-report/ https://gulfbusiness.com/aldar-refutes-egypt-investment-hold-off-report/#respond Fri, 05 May 2023 03:05:19 +0000 https://gulfbusiness.com/?p=253147 The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector

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Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit https://gulfbusiness.com/aldar-q1-2023-profit-surges-22-on-robust-demand/ https://gulfbusiness.com/aldar-q1-2023-profit-surges-22-on-robust-demand/#respond Wed, 03 May 2023 14:28:52 +0000 https://gulfbusiness.com/?p=252967 The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years

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TECOM Group’s Q1 2023 net profit rises 34% to Dhs255m https://gulfbusiness.com/tecom-group-q1-2023-net-profit-touches-255m/ https://gulfbusiness.com/tecom-group-q1-2023-net-profit-touches-255m/#respond Wed, 03 May 2023 07:31:34 +0000 https://gulfbusiness.com/?p=252936 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

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