Real Estate

Do you know China has the most skyscrapers in the world?

Arnold Pinto 24/08/2024 0

Followed by US and UAE Skyscrapers, the towering symbols of modern architecture, have defined the skylines of the world’s major cities. Originating in the late 19th century with steel-framed marvels in Chicago, New York, and Boston, these structures were not merely ornamental but practical,

Real Estate UAE

Emaar’s property sales hit AED31.5 billion in H1 2024

News Desk 2 09/08/2024 0

Several factors boost the company’s bottom line Emaar Properties, the Dubai-based global property developer and provider of premium lifestyle offerings has announced its financial results for the first half of 2024, highlighting continued resilience and operational efficiency across its diverse portfolio. Emaar Properties posted total revenue of AED14.4 billion ($3.9

Lifestyle Real Estate

MS Homes Developers unveils Iluka Residences

News Desk 2 12/07/2024 0

Due for completion in 2026 MS Homes Developers, renowned for its global real estate ventures, has entered Dubai’s real estate market by launching Iluka Residences at Marina Boulevard within the Dubai Islands project. Iluka Residences is an eight-floor architectural structure featuring 57 opulent apartments ranging from 1 to 4-bedroom units. Scheduled for completion

Real Estate

Shard Unveils Real Estate Co-Ownership Model In Dubai

News Desk 2 29/06/2024 0

Involving Properties From AED200,000+ Shard, a Dubai-based shared premium real estate ownership company, will officially launch its innovative co-ownership service in Dubai on July 1, 2024. This model, already prevalent in the United States and Europe, aims to tap into the growing demand for flexible and upscale living options in Dubai’s vibrant real estate sector. […]

Bahrain GCC Kuwait Oman Qatar Real Estate Saudi Arabia UAE

Top 8 Middle East Construction Companies

News Desk 2 12/06/2024 0

From The UAE To Egypt The Middle East’s construction industry is a driving force behind the region’s progress, with its towering buildings, substantial infrastructure projects, and creative innovations reshaping the skyline. The United Arab Emirates (UAE) is a construction hub renowned for its infrastructure and homebuilding growth. This article is not just a

Business Real Estate UAE

Dubai Mall Expansion Project Is Underway

News Desk 2 04/06/2024 0

At Cost Of AED1.5 Billion Emaar Properties has revealed plans for a monumental expansion of Dubai Mall. The expansion, valued at AED1.5 billion, will introduce 240 new luxury retail and dining options to the already bustling complex. The announcement comes as Dubai Mall had a footfall of 105 million visitors in 2023. The mall continues […]

Real Estate UAE

Dubai’s RTA In Pact To Propel Public Infrastructure Investment

News Desk 2 23/05/2024 0

Involving Digital Assets The Roads and Transport Authority (RTA) in Dubai has signed a Memorandum of Understanding (MoU) with SmartCrowd to boost investment opportunities in public infrastructure in Dubai emirate under the purview of the Authority. The new partnership is a significant step in Dubai’s journey towards embracing innovative digital solutions in real

Design Real Estate

Gulf Land Property And Tonino Lamborghini Sign Pact

News Desk 2 15/05/2024 0

For Luxurious Residences In Dubai Gulf Land Property Developers has partnered with the Tonino Lamborghini Group to develop a luxury residential community in the heart of Dubai City. This collaboration marks the fusion of Gulf Land’s expertise in crafting luxurious living spaces with Tonino Lamborghini’s renowned Italian design legacy, setting a new benchmark

Business Real Estate

Emaar Properties Declares Record AED4.4 Billion Dividend

News Desk 2 24/04/2024 0

New Board Appointed to Drive Growth Strategy At its Annual General Meeting (AGM) in Dubai on April 22, 2024, Emaar Properties announced that its shareholders unanimously approved a substantial dividend of 50 fils per share, amounting to a record AED4.4 billion ($1.2 billion). This declaration, a testament to Emaar’s robust profitability and commitment to shareholder

Real Estate

Emaar Properties To Cover Repair Costs For Homes

News Desk 2 21/04/2024 0

Affected By Dubai’s Recent Severe Weather In response to the severe rainstorm that swept through Dubai Emirate in the United Arab Emirates starting on April 16, 2024, Emaar Properties has announced an initiative to alleviate the burden on its affected community residents. The real estate giant has pledged to shoulder all expenses associated with repairing […]

Corporate Real Estate Saudi Arabia

U By Emaar Makes Its Entry Into Saudi Arabia

News Desk 1 25/03/2024 0

Launches At Address Jabal Omar Makkah U By Emaar, Emaar’s loyalty programme, has expanded to Makkah, Saudi Arabia. The programme’s debut at the luxurious Address Jabal Omar Makkah marks a significant milestone, broadening the Dubai-based entity’s reach to an international clientele. Renowned for revolutionising the concept of loyalty rewards in the Arabian Gulf

Real Estate UAE

Initiative begins to prepare Emiratis as construction sector leaders

News Desk 1 02/03/2024 0

The year-long programme backs the UAE’s objectives ALEC Engineering and Contracting, a prominent construction and related business company in the GCC and Africa region, has launched its ‘Mustaqbal’ programme to empower a new generation of Emiratis in the UAE’s burgeoning construction and real estate sector. The newly launched initiative aligns with the

Real Estate UAE

Emaar Properties unveils expansion of The Oasis in Dubai

News Desk 1 28/02/2024 0

Development value rises to AED73 billion Emaar Properties has unveiled a substantial expansion of its flagship residential project, The Oasis by Emaar, reaffirming its dedication to redefining luxury living standards. This Dubai-based development has witnessed a remarkable 108% increase in lush landscapes, propelling the total development value from AED34 billion to AED73

Real Estate UAE

MBRHE honours its partners at housing services forum

News Desk 1 24/02/2024 0

Housing sector for UAE citizens in Dubai reviewed The Mohammed Bin Rashid Housing Establishment (MBRHE) expressed gratitude to its strategic partners during the Housing Services Supporters Forum held at the InterContinental Festival City Dubai on February 22, 2024. The event aimed to honour pivotal organisations supporting MBRHE’s housing programmes and initiatives

Business Events Real Estate

CEVISAMA 2024 set to be cast in ceramic in Valencia

Arnold Pinto 19/02/2024 0

Event will showcase the future of design, sustainability, and innovation Feria Valencia will host the 40th edition of CEVISAMA – the leading international tradeshow for ceramics, bathroom equipment, natural stone, and related sectors – from February 26 to March 1, 2024, in Valencia, Spain. The 2024 edition of the fair will showcase innovation, technology, trends, […]

Business Real Estate UAE

Property sales net Emaar Development AED37 billion in 2023

News Desk 1 12/02/2024 0

Developer unveils 27 new projects in the UAE Emaar Development, a prominent UAE-based property development company, achieved a 22% surge in property sales in 2023, reaching AED37.4 billion ($10.2 billion) compared to AED30.7 billion (US$8.4 billion) in 2022. The property sales performance is credited to the launch of 27 new projects in the UAE, spanning […]

GCC Real Estate UAE

Emaar Properties completes design stage of ‘Dubai Square’

Arnold Pinto 11/02/2024 0

Mega project is located in Dubai Creek Harbour district Emaar Properties, the Dubai-headquartered mega real estate development company, has finalised the detailed design of ‘Dubai Square,’ a residential, hospitality, and retail city in the Dubai Creek Harbour district. Scheduled to be completed by 2027, the mega project will comprise 10,000+ residential units, 1,400+ hotel

UAE GCC Real Estate

Dubai Harbour district to get a 2-lane traffic bridge

Arnold Pinto 06/02/2024 0

Dubai’s RTA and Shamal Holding sign bridge JV Dubai’s Roads and Transport Authority has partnered with Shamal Holding, a Dubai-based diversified investment firm, to enhance vehicular connectivity to the Dubai Harbour district located between Bluewaters Island and Palm Jumeirah. Under the newly signed agreement, Dubai’s RTA will construct a 1.5 km-long bi-directional

Lifestyle Real Estate Travel

Park Hyatt Marrakech invites travel connoisseurs to experience authentic Moroccan hospitality

News Desk 1 06/01/2024 0

Hotel showcases rich traditions of Arab-Berber artisanry The Park Hyatt hospitality brand has entered the vibrant mosaic of Morocco with the grand opening of Park Hyatt Marrakech. Nestled approximately 15km from the bustling Medina district, the 19-acre haven, cocooned at the base of the Atlas Mountains, is a testament to modern luxury harmoniously interwoven with […]

Real Estate Sustainability

COP28: UNEP and 27 nations launch global Buildings Breakthrough initiative

Arnold Pinto 10/12/2023 0

Global effort targets near-zero emissions and resilient buildings by 2030 The United Nations Environment Programme (UNEP), together with France and Morocco, has launched the Buildings Breakthrough at COP28 to accelerate the transformation of the building sector – which accounts for 21% of global greenhouse gas emissions – to make near-zero emissions and climate-resilient