Real Estate

DAR GLOBAL AWARDS TOP AGENTS PROPELLING REAL ESTATE SECTOR IN DUBAI

News Desk 2 25/05/2023

Dubai, UAE; 25 May 2023: Dar Global, the premier luxury real estate developer, recently celebrated the pinnacle of sales excellence at the much-awaited Dar Global Agent Awards; the event brought together top agencies and their star agents to acknowledge their stellar contribution to bringing

Real Estate GCC UAE

Dubai’s Samana Developers Unveils First sustainable Project to Help Decorbonise the Environment

News Desk 2 25/05/2023

(DUBAI): The latest launch of the Dh350 million Ivy Gardens residential project is heat resistant, green, energy efficient, has private pools, recycles grey water for irrigation, supports decarbonization and hence an environmentally sustainable project. The project complies with the Dubai Municipality’s Green Building Regulations for creating a built environment

Real Estate Business

Eshraq Investments reports Q1 2023 financial results

News Desk 2 10/05/2023

Abu Dhabi, UAE; 10 May 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), has announced its Q1 2023 financial results. The Company recorded a gross profit of AED 8.3 million for the first quarter of 2023 as compared to a gross profit of AED 7.9 million for the […]

Real Estate

Rotana signs four Edge by Rotana properties and one Rayhaan by Rotana property

News Desk 2 10/05/2023

Riyadh, KSA – 10 May 2023: Rotana, one of the leading hotel management companies in the region with over 100 properties across the Middle East, Africa, Eastern Europe and Türkiye, today announced its ambitious pipeline across the Kingdom of Saudi Arabia at the Future Hospitality Summit (FHS) 2023, signing four “Edge by Rotana” and one […]

Real Estate

THE DEBUT OF ITS OWN BRANDED PROPERTY, WITH THE MOST ICONIC DESIGN YET

News Desk 2 08/05/2023

Dubai, UAE; 8 May 2023: Dar Global, the premier luxury real estate developer, proudly presents its inaugural own-brand luxury living concept, DG1. Nestled in the heart of Dubai’s Business Bay, DG1 boasts captivating views of the Dubai Canal and Burj Khalifa. It offers uninterrupted views from every unit in the building, with architecture unrivalled by […]

Real Estate GCC NEWS DESK UAE

Dubai Land Department Introduces QR Code-Based Service to Verify Real Estate Ad Validity

News Editor 08/05/2023 0

The Real Estate Regulatory Agency and the Dubai Land Department (DLD) released a circular confirming the launch of the new electronic service, Madmoun. As part of DLD’s ongoing efforts to modernize and strengthen real estate governance procedures and boost investor confidence, this service is accessible through the Trakheesi System and is represented by a

Real Estate GCC UAE

Dubai Record Highest Ever Single Day Transactions Worth 1.02 Billion in a Day

Kashif Faraz 05/05/2023

As per the latest statistics published by Dubai's Land Department (DLD), Dubai's real estate marketing is booming, as it recorded the highest single day transaction worth AED 1.02 Billion.

Real Estate

Sobha Realty’s ultra-luxury tower – “The S” fully sold-out generating sales of AED 1.4 billion

News Desk 2 03/05/2023

Dubai, May 03, 2023: Sobha Realty, one of the UAE’s leading premium real estate developers, has completed the sell-out of residential units of its signature project – The S Tower generating a sales value of AED 1.4 billion. This reflects the strong performance of Dubai property market, wherein the emirate has gained the status of one […]

Real Estate

Asteco Q1 2023 Real Estate Report Indicates Robust Real Estate Market in the UAE

News Desk 2 03/05/2023

Abu Dhabi, 03 May 2023 – According to the Asteco Q1 2023 report, the rental and sales rates in Abu Dhabi and Dubai continued to increase, indicating a robust real estate market in the UAE. The optimistic market sentiment can be attributed to the influence of new government programmes and wider economic growth, creating a […]

Real Estate

Dar Global awards Shapoorji Pallonji Mideast (L.L.C) the fit-out works for Da Vinci Tower by Pagani in Dubai for 116,000,000 AED

News Desk 2 03/05/2023

Dubai, UAE – 3 May 2023: Dar Global, the leading real estate developer, is pleased to announce that it has awarded the fit-out works for the iconic Da Vinci Tower in Business Bay to global contractor Shapoorji Pallonji Mideast (L.L.C). Awarding the fit-out works follows a rigorous selection process, and Dar Global is confident that […]

Real Estate

Nakheel launches Como Residences on Palm Jumeirah

News Desk 2 03/05/2023

Dubai, 3 May 2023: Nakheel, the world-leading master developer, has launched Como Residences, a new exclusive residential development on Palm Jumeriah. Como Residences will offer unrivalled luxurious living experiences with privacy, exclusivity and extensive premium amenities. The development of Como Residences underlines Nakheel’s commitment to enhance the quality of life

Real Estate GCC UAE

Dubai’s Samana Developers Unveils Dh300 Million Luxury Superyacht-style “Samana Mykonos Signature”

News Desk 2 26/04/2023

(DUBAI): Following the 100% sold-out Mykonos project, Samana Developers today unveiled a Dh300 million (USD 81.74 million) “Samana Mykonos Signature”, a mid-luxury residential project located in the newly developed Arjan neighbourhood in Dubai. Samana Mykonos Signature is the third project out of 12 planned to be launched during 2023.  At the back of the growing

Real Estate

Sobha Realty announces launch of AED 2.8 billion luxury villa community

News Desk 2 24/04/2023

Dubai, April 24, 2023: Sobha Realty, one of the UAE’s leading premium real estate developers, announced the launch of ‘Sobha Reserve’ project, worth AED 2.8 billion. Located in the heart of Wadi Al Safa 2, Dubailand, Sobha Reserve raises the benchmark for luxury villa communities in Dubai, adhering to the highest standards of modern architecture […]

Real Estate Business

Sobha Realty records 71 per cent of total sales from foreign investors

News Desk 2 17/04/2023

UAE, April 17, 2023 Sobha Realty, one of the UAE’s most trusted real estate developers, has revealed that foreign buyers accounted for 71 per cent of all sales, indicating the growing demand for its properties by overseas investors. The developer stated that the top investors in 2022 were Russians, Indians, and Emiratis, followed by Romanian, […]

Real Estate

GRID Properties Suhoor aims to reinforces its commitment to the community

News Desk 2 13/04/2023

GRID Properties, a leading premium real estate developer, hosted suhoor to celebrate the holy month of Ramadan. The event took place on April 12, at The St.Regis, The Palm, located in the heart of Dubai. GRID Properties is a Gulf Islamic Investments (GII) Company, a Shariah compliant global investment company. The suhoor was held as […]

Real Estate

Imaginative Design for Modern Living by Concord London

Jana Vos 13/04/2023

In the luxury real estate development world in London, the experts at Concord London stand out among the competition with their admirable approach to progressive development and the highest design integrity. That is why the Luxury Lifestyle Awards has chosen Concord London as a winner in the category of Best Luxury Real Estate Developer in […]

Real Estate

Espace Real Estate Reveals Most Successful Quarter For Its Dubai Luxury Property Sales in Q1

News Desk 2 13/04/2023

UAE, April 2023: Dubai’s leading property brokerage, Espace Real Estate has experienced its most successful quarter within the city’s Luxury Property market, achieving a YoY 150% increase in total sales transactions above AED20M. Espace Real Estate’s phenomenal performance in the first quarter of the year includes a new record for company revenue achieving a 55% […]

Hospitality Real Estate

Elaf Group and Kinan International Real Estate Development Company signs Memorandum of Understanding

News Desk 2 06/04/2023

06 April 2023- Kinan International Real Estate Development Company and Elaf Group signed a Memorandum of Understanding (MoU) for a management agreement in addition to supervising the preparation of designs for the construction of the hotel within the Aliat Mall project in Medina for 15 years. The mall also includes an area of modern retail […]

Real Estate

Westar Azure Townhouses launch in JVC

News Desk 2 29/03/2023

Dubai, UAE: Sherwoods International Property reveals Westar Azure, Dubai’s latest luxury project of 13 modern townhouses, designed with a sophisticated minimalist style. The spacious 4-bedroom units, situated in the district of Jumeirah Village Circle are ideal for individuals seeking a peaceful urban living experience. With a versatile basement den, the ground level plus

Real Estate

Samana Developers Launches Dh200 Million Waves-2 Residential Project in JVC Dubai

News Desk 2 23/03/2023

(DUBAI), United Arab Emirates: Following the launch and quickly selling out of the Dh165 million Waves-1 residential project in March 2022, Samana Developers today launched a Dh200 million Waves-2 project, which is adjacent to Wave-1, with retail spaces on the ground floor. The Waves twin tower is located in Jumeirah Villages Circle. The G+3P+23 Waves-2 […]