Real Estate GCC UAE

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

News Desk 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

Real Estate

Sobha Realty announces launch of AED 2.8 billion luxury villa community

News Desk 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 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 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 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 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 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 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 […]

Real Estate

Iman Developers’ ambitious project

News Desk 20/03/2023

Dubai; 20th March 2023: Iman Developers, a leading Dubai-based luxury residential developer is proud to announce the successful launch of Oxford Gardens, a modern community that seamlessly blends contemporary living with nature. The official inauguration ceremony took place on March 14th, 2023, at the company’s office in Hills Business Park, Dubai Hills. “We

Real Estate

Dar Global Launches Sales for AIDA, a one-of-a-kind mixed-use gated community

News Desk 20/03/2023

Muscat, Oman; 20 March 2023: Dar Global, the renowned international luxury real estate developer, has officially launched the sales of AIDA, one of Oman’s most significant premium mixed-use real estate projects directly by the sea, located just 10 minutes from Downtown Muscat. AIDA is set to redefine luxury living, offering a unique landscape with stunning […]

Business Real Estate

Eshraq Investments announces Real Estate portfolio monetization

News Desk 17/03/2023

Abu Dhabi, UAE; 17 March 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has entered into Memoranda of Understanding (“MOU”) with regard to the sale of all the 58 apartments it owns in Burj Daman-DIFC-Dubai for a total sale consideration of AED 162 million. The transactions are a continuation of the Company’s […]

Real Estate

Korantina Homes – Cyprus’ Prestigious Land And Real Estate Developer

Jana Vos 16/03/2023

Established in 1990, Korantina Homes has become Cyprus’ prestigious land and real estate developer that focuses on designing and creating luxury residential real estate and world-class resorts.  With an expanding portfolio, Korantina Homes has nurtured an award-wining international reputation and established an enviable clientele with long-standing relationships

Real Estate

Sobha Realty reveals completion of Waves project

News Desk 03/03/2023

Sobha Realty, one of the UAE’s leading premium real estate developers, announced the successful completion of its iconic Waves project at the waterfront district in Sobha Hartland, which also received the Building Completion Certificate (BCC) well ahead of construction schedule. The residential tower, which commenced construction in February 2021, is an exquisite 35-storey

Business Real Estate

Dar Al Arkan succeeds in the listing of its international arm

News Desk 24/02/2023

Dar Al Arkan today announced the admission of Dar Global PLC, its independent international development subsidiary, to the Standard Segment of the Official List of the FCA and to the Main Market of the London Stock Exchange. The official direct listing on the London Stock Exchange makes Dar Al Arkan one of the first Saudi […]

NEWS DESK Real Estate

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

News Desk 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 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 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 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 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 &