Real Estate Business

DIFC’s first residential offering fully sold out at record pace

News Desk 1 25/09/2023 0

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has announced that its first residential offering ‘DIFC Living’ has entirely sold out at record pace, reaffirming the strong demand for residential

Real Estate Business

Kaizen AI decides GCC real estate market needs its services

News Desk 1 22/09/2023

Kaizen AI, a pioneering technology company transforming large-scale building projects with AI, has entered the GCC real estate market where planned and under-construction project value stands at an estimated $1.36 trillion. Of the $1.36 trillion, Saudi Arabia accounts for 64.5 per cent of the total real estate project value or $877 billion, while the UAE […]

Real Estate Events

Innovest launches Jadan Al Fursan project at Cityscape Global

News Desk 1 21/09/2023

Innovest, a premier investment and development company, has announced the completion of the entire booking process for its Jadan Al Fursan Communities project, located in the Al Fursan neighbourhood in Riyadh City. This achievement comes after the company launched the project while participating in Cityscape Global 2023 in Riyadh, Saudi Arabia. Company officials are seen

Real Estate

Pakistan’s $40-billion housing investment highlighted at Cityscape Global

News Desk 1 20/09/2023

With 70% of overseas Pakistanis channelling their remittances into property and contributing $12 billion annually, there’s no denying the sector’s centrality to Pakistan’s economy, Shafiq Akbar, CEO of IMARAT Group, said at the Public Private Partnership Forum at Cityscape Global in Riyadh, Saudi Arabia. After expanding into the GCC with an office in the

Real Estate GCC Tech UAE

Tripler launches its commercial operations in the UAE

News Desk 1 12/09/2023 0

Company’s AI technology empowers real estate leads’ generation Tripler, rated the world’s first revolutionary property lead conversion platform, has launched in the UAE, promising a game-changing lead generation solution for the nation’s commercial enterprises. Tripler aims to transform how businesses in the UAE, especially real estate agents and large corporations,

Real Estate Business GCC UAE

UAE-headquartered Aldar Estates acquires FAB Properties

News Desk 1 12/09/2023 0

The transaction now consolidates 600 residential properties in the UAE Aldar Estates, the Middle East region’s largest integrated property and facilities management company, has acquired FAB Properties, a UAE-based provider of property management services. The transaction sees Aldar Estates integrate a property management portfolio of 22,000 residential units across

Real Estate GCC NEWS DESK UAE

Abu Dhabi event to address sustainable housing in the Arab World

News Desk 1 11/09/2023 0

Forum to study industry trends at two-day event September 11, 2023: Amidst the ever-evolving global economic landscape and the dynamic growth of the Arab World’s population, the housing market in the Arab region has reached unprecedented levels of demand and innovation. In response to this imperative, the Arab Housing & Community Development Forum will be […]

Real Estate GCC NEWS DESK Saudi Arabia

Sherwoods International Property to exhibit at CityScape Riyadh

News Desk 1 10/09/2023 0

Real estate firm presents top-notch real estate solutions September 10, 2023: Sherwoods International Property, a distinguished name in the real estate industry, is set to make a significant presence at the CityScape exhibition in Riyadh, Saudi Arabia, scheduled from September 10-13, 2023. The event promises to be a platform where Sherwoods will showcase a comprehensive

Real Estate Business

Penthouse.ae sets AED44 million record with Palm Jumeirah unit sale

Arnold Pinto 03/09/2023 0

Russian investor buys iconic three-bedroom duplex apartment Penthouse.ae, the Dubai-based real estate agency serving Ultra High Net Worth Individuals (UHNWIs), has set a sales record for the highest price per square foot for a residential unit on the tree-shaped Palm Jumeirah island in Dubai City. A first-time Russian investor acquired the spectacular three-bedroom duplex

Real Estate

25% property sales rise boosts Emaar Development’s H1 2023 showing

Arnold Pinto 11/08/2023 0

Emaar Development has reported a 25% increase in property sales, reaching AED19 billion for the first half of 2023, compared to AED15.2 billion in the first half of 2022. The UAE-headquartered developer of residential and commercial build-to-sell (BTS) assets in the UAE attributed this performance to the launches of 16 new projects across various master […]

Real Estate GCC UAE

Dubai Real Estate Market Hits AED 2.8 Billion in Transactions on Monday

Kashif Faraz 10/08/2023

On 7th August Dubai’s real estate market clocked a landmark AED 2.8 billion in realty transactions, powered by sales of luxury apartments, villas, off-plan properties at some of the most prime locations.

Real Estate

Introducing Roya Lifestyle Developments: Dubai’s latest Luxury Real Estate Development Company

News Desk 2 09/08/2023

Dubai, UAE – August 2023 – Roya Lifestyle Developments, a luxury real estate development company, announces its launch into the Dubai real estate market with a vision to reimagine opulence. Roya will develop unique living experiences where luxury meets legacy for a refined lifestyle. Under the leadership of real estate industry professionals with over 30 […]

Real Estate Business

Treo Homes Secures Funding and Partners with Leading Property Developer to Drive Innovation in the Real Estate Sector

News Desk 2 08/08/2023

July 2023, Dubai, United Arab Emirates: Treo Homes, the multi-award-winning boutique Real Estate Agency in Dubai, secures a multi-million dollar investment by a leading property developer in the region, looking to expand their sales and marketing presence in both Dubai and globally. This pivotal moment heralds a new era of growth, worldwide expansion, and cutting-edge […]

Real Estate

Danube Properties launch Dh800 million Elitz 3 project in Jumeirah Village Circle

News Desk 2 07/08/2023

Danube Properties, the fastest-growing private real estate developer in the UAE, announces the launch of Elitz 3 at the Jumeirah Village Circle (JVC), with a development value exceeding Dh 800 million at a star-studded event at Danube Sports World. The project will be in the same area as Elitz and Elitz 2 towers – which are currently […]

Real Estate

MENA buyers preferring large villas with direct access to beach front in Greece

News Desk 2 07/08/2023

Dubai, UAE, August 7th, 2023: The largest and most southerly of the Greek islands, Crete offers an excellent year-round climate, making it one of Europe’s most popular tourist destinations and an emerging market for MENA buyers in Greece. According to Leptos Estates, a leading Greek and Cypriot real estate developer, new-build properties in prime beachside […]

Real Estate GCC UAE

New player Prosper Real Estate set to elevate UAE’s realty landscape with growth and investment opportunities

News Desk 2 03/08/2023

UAE, 3 August 2023 Prosper Real Estate, a leading Dubai-based real estate consultancy and brokerage firm, has emerged as a prominent player in the thriving Dubai real estate market, cementing its position as a trusted advisor to top multinational investors. With a record-breaking influx of six million tourists and a surge in real estate investments […]

Real Estate

Al Habtoor Tower sets new luxury benchmark to contribute to growth of Dubai’s luxury property market

News Desk 2 02/08/2023

UAE, August 02, 2023 Al Habtoor Group, a leading conglomerate in the United Arab Emirates, has raised the benchmark for luxury and comfort through a diverse array of world-class amenities and services to be offered at recently launched, state-of-the-art Al Habtoor Tower. The tower is a prime luxury project owing to its location in one […]

Real Estate GCC Qatar

Cityscape Qatar Returns on October 24-26, 2023

News Desk 2 02/08/2023

Cityscape Qatar returns for its 11th edition on October 24-26 at Doha Exhibition and Convention Center, held under the patronage of His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister, and Minister of Foreign Affairs of Qatar. Co-located alongside INDEX Design Qatar and The Big 5 Construct

Real Estate

Samana Developers Launches Dh215 Million California Project in Al Furjan

News Desk 2 31/07/2023

(DUBAI): Samana Developers, one of the fastest growing real estate companies in Dubai, today launched a Dh215 million California residential project. This is the first project in Al Furjan neighbourhood, which is headed by master developer Nakheel Properties. The demand for Dubai properties is currently highly bullish and positioned the metropolitan city as the

Business Real Estate

Union Properties reports net profit of AED 5.4 million in the second Quarter of 2023 driven by continued growth in Dubai’s Real Estate Market

News Desk 2 27/07/2023

Dubai, UAE, July 27, 2023, Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP) announced an exceptional net profit of AED 17.7 million for the period ended 30th of June 2023 compared to a net loss of AED 12.2 million during the comparable period from the previous year. In addition, the Group’s Subsidiaries […]