Real Estate

UK is increasingly losing favour with HNWIs

Arnold Pinto November 26, 2023 0

London’s status as a global financial hub is on the decline The allure of the United Kingdom, particularly London, as a haven for migrating millionaires is waning, marking a stark departure from its historical status. Over the past decade, a reversal in this trend has seen the UK losing

Business Real Estate

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

Middle East News 247 September 25, 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 property at the heart of DIFC, further elevating the destination’s lifestyle offering.

Business Real Estate

Kaizen AI decides GCC real estate market needs its services

Middle East News 247 September 22, 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 […]

Events Real Estate

Innovest launches Jadan Al Fursan project at Cityscape Global

Middle East News 247 September 21, 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

Middle East News 247 September 20, 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 Tech

Tripler launches its commercial operations in the UAE

Middle East News 247 September 12, 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,

Business Real Estate

UAE-headquartered Aldar Estates acquires FAB Properties

Middle East News 247 September 12, 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

PRESS RELEASES Real Estate

Abu Dhabi event to address sustainable housing in the Arab World

Middle East News 247 September 11, 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 […]

PRESS RELEASES Real Estate

Sherwoods International Property to exhibit at CityScape Riyadh

Middle East News 247 September 10, 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

Business Real Estate

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

Arnold Pinto September 3, 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