Real Estate

LiveWell with Nakheel launches its first Wellness Festival

News Desk 2 23/02/2023

Dubai, February 23, 2023: Nakheel, the world leading master developer, has announced it will be hosting its first ever Wellness Festival, which will be free and open to the public. The inaugural LiveWell with Nakheel Wellness Festival is a continuation of Nakheel Community Management’s

NEWS DESK Real Estate

Corporate Real Estate is at a critical decision point, where strategies implemented now

News Desk 2 22/02/2023

Riyadh, Saudi Arabia; February 22, 2023 – As the hybrid work model becomes the norm in the world of work, offices have taken on a new purpose, driving companies across the Kingdom to rethink their portfolio strategies, according to JLL at its ‘Future of Work’ event today in Riyadh. With the future of work embedded in […]

Real Estate

Wave of optimism within the construction sector

News Desk 2 21/02/2023

Dubai, United Arab Emirates; February 21, 2023 – Supported by the UAE’s strong development agenda, Projects of the 50 initiative, as well as the subsequent focus on industrial, transportation, and energy infrastructure aiming to attract nearly $150 billion in foreign direct investment by 2030, the country’s construction sector is expected to thrive at an encouraging […]

Real Estate

Samana Developers Launches AED 320 million Mykonos

News Desk 2 20/02/2023

(DUBAI): Following the announcement of 12 new real estate projects, Samana Developers, the Dubai-based trendsetter real estate company, today launched first two projects – AED 320 million Santorini and Mykonos luxury residential projects in Dubai Studio City. The design and name inspiration of the new projects reflects the popular two islands in Greece –

Real Estate

Al Hamra releases premium sea view villas

News Desk 2 16/02/2023

Ras Al Khaimah, UAE; February 16, 2023: Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, has announced the release of the remaining inventory on Falcon Island which includes the premium 4–5-bedroom standalone sea-view and 3–4-bedroom canal view villas. This comes on the heels of the successful sale of all 2 […]

Hospitality Real Estate

Dar Global awards the main works of W Residences

News Desk 2 16/02/2023

Dubai, UAE- 16th February 2023: DarGlobal, the luxury real estate developer, is set to begin main works on the highly anticipated W Residences and has awarded the W-Residences project construction to China State Construction Engineering Corporation -Middle East (CSCEC ME). CSCEC ME is the world’s largest transnational multidisciplinary conglomerate in civil &

Real Estate GCC UAE

The New Dubai Land Grab

News Desk 2 15/02/2023

Dubai, UAE (15 February 2023): People have long been coming to Dubai, which is a city, because it is known as a place where they can build their dreams. Dubai has become a centre for innovation, growth, and opportunity as a result of the city’s visionary leadership, world-class infrastructure, and booming economy. This is reflected […]

Real Estate

Danube Properties launches and sells out five projects

News Desk 2 14/02/2023

Danube Properties, the fastest-growing private real estate developer in the UAE, has sold out the first of the two towers within the Dh1.4 billion Viewz by Danube Properties, within two weeks of launching the project in January 2023. The company, which last year launched five projects – Pearlz, Gemz, Petalz, Opalz and Elitz – with […]

Real Estate GCC UAE

Espace Real Estate Deciphers Cost Behind Buying vs Renting in Dubai

Justin Froes 13/02/2023

John Lyons, Managing Director of Espace Real Estate says, “Dubai’s residential rents and transactions reached a record high in 2022, particularly in some of the core areas across Dubai which saw many moving to neighbourhoods they would’ve never considered a couple of years ago. Average apartment rents increased by 27%, and average villa rents rose over 24% which has led

Real Estate Business

Eshraq Investments sells four plots in JVC for AED 48.55 million

News Desk 2 02/02/2023

Abu Dhabi, UAE; 2 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has concluded the sale of 4 land plots in JVC for a total consideration of AED 48.55 million. The transactions are a continuation of the Company’s steady progress on its 3-year land monetization program. Under the program, Eshraq has […]

Real Estate Business

Renewed Optimism, and Increased Investments

News Desk 2 30/01/2023

Abu Dhabi, 30 January 2023 – According to the Asteco 2022 Q4 real estate report, the UAE has demonstrated an impressive level of resilience in the aftermath of the COVID pandemic in 2022. The economic recovery, aided by higher oil prices and a revival in tourism and trade, resulted in a significant increase in inward […]

Real Estate GCC UAE

UAE’s real estate sector to remain resilient in 2023

News Desk 2 27/01/2023

Dubai, United Arab Emirates; January 27, 2023 – Despite macroeconomic volatilities impacting the global real estate landscape, the UAE witnessed strong momentum in the last quarter of 2022, signaling a steady growth pipeline in 2023. In the same context, JLL’s UAE 2022 Year in Review report offers a rear-view mirror perspective of 2022 while underlining the […]

Real Estate

TOP 100 Real Estate Brokers and Developers: Luxury Lifestyle Awards Present the Best in the Industry

Jana Vos 20/01/2023

When it comes to luxury real estate brokers and developers, values like reputation and credibility come to the fore. Building an impeccable reputation and continually building client trust is an all-encompassing, time-consuming process that takes years of dedicated work and is verified by successfully completed projects and satisfied clients. TOP 100 Real Estate Brokers

Real Estate GCC UAE

Espace Real Estate Spearheading Robust Expansion In Dubai With Positive Outlook for 2023

Justin Froes 19/01/2023

John Lyons, Managing Director of Espace Real Estate says, “As primarily a secondary-homes brokerage, in the past year we have experienced a 37% increase in buyer registrations in comparison to 2021. Property listings have slowed down by 17%, indicating that robust demand outstrips supply in Dubai's vibrant real estate sector. As demand for Dubai Real Estate shows no signs

Real Estate

Fakhruddin Properties breaks ground on their Upcoming Project

News Desk 2 18/01/2023

Dubai, United Arab Emirates, 18th January 2023: Fakhruddin Properties broke ground on its exciting new development Maimoon Gardens, a residential complex that will be dedicated to the wellbeing of every occupant with significantly superior indoor air quality, premium drinking water, energy conservation, and innovative waste management processes that prioritize

Real Estate

Property Brand founded by power real estate couple made its debut in Dubai launch of DREC took place as Dubai real estate hit 12-year record high

News Desk 2 17/01/2023

Dubai, UAE, 17 January 2023: A new real estate Brand debuted in Dubai today (Tuesday, 17 January 2023) amid projections of continuous property industry growth buoyed by rising market investments, strong local tourism recovery and the increasing number of people relocating to the cosmopolitan city. DREC (Dubai Real Estate Couple) founded by Lucas Roessler and […]

Real Estate GCC UAE

Dubai-based Samana Developers to Launch 12 New Projects Worth AED 2.5 billion in 2023

News Desk 2 17/01/2023

(DUBAI): Samana Developers today released its 2022 performance review and revealed the blueprint for 2023. The statement said the new year ushers an exciting year for Samana Developers as it sets the target of quadrupling, 400%, growth. To materialize it, the company is currently picking up the most suitable locations and best real estate talent […]

Real Estate Business

Strong growth of GCC economies fuels global real estate investments

News Desk 2 09/01/2023

Dubai, January 9, 2023: With economies in the Gulf Cooperation Council (GCC) expected to be relative global outperformers in 2022 and 2023, regional investors’ appetite for global real estate investment opportunities is likely to grow, according to JLL’s latest ‘The Resurgence of Outbound Real Estate Investment from the GCC’ report. The challenges posed by spiraling

Real Estate GCC UAE

LIV Developers begins construction on LIV LUX in Dubai Marina

News Desk 2 09/01/2023

Dubai, UAE – January 2023: LIV Developers, a leading international luxury residential development company, today announced that construction of its newest project, LIV LUX, has commenced in one of Dubai Marina’s most sought-after locations. The G+47 ultra-luxury residential tower is expected to be ready for handover by Q3 2026, and will offer residents and investors […]

Business GCC NEWS DESK Real Estate UAE

China and the UAE Join Forces to Secure the Country’s Property on the Moon

News Editor 28/09/2022 0

China and the UAE Join Forces to Secure the Country’s Property on the Moon : China and the UAE Join Forces to Secure the Country’s Property on the Moon In a never seen space collaboration between China and the UAE, both countries have agreed to the former’s assistance in landing the UAE’s Rover from the Moon’s surface. […]