Real Estate

Real Estate

Shard Unveils Real Estate Co-Ownership Model In Dubai

News Desk 29/06/2024

Involving Properties From AED200,000+ Shard, a Dubai-based shared premium real estate ownership company, will officially launch its innovative co-ownership service in Dubai on July 1, 2024. This model, already prevalent in the United States and Europe, aims to tap into the growing demand for

NEWS DESK

The Future of Dubai Real Estate: Off-Plan Project Opportunities

News Desk 19/06/2024

Dubai’s real estate market is ever-evolving, and one of the most compelling opportunities currently available is investing in off-plan projects. For those unfamiliar, off-plan properties are units that are sold by developers before construction is completed. This investment strategy offers a range of benefits, making it an attractive option for savvy investors and

Bahrain GCC Kuwait Oman Qatar Real Estate Saudi Arabia UAE

Top 8 Middle East Construction Companies

News Desk 12/06/2024

From The UAE To Egypt The Middle East’s construction industry is a driving force behind the region’s progress, with its towering buildings, substantial infrastructure projects, and creative innovations reshaping the skyline. The United Arab Emirates (UAE) is a construction hub renowned for its infrastructure and homebuilding growth. This article is not just a

NEWS DESK

AJMAL MAKAN unveils Al Thuraya Island project redefining standards of luxury real estate development

News Desk 09/06/2024

AJMAL MAKAN Real Estate Development, a leading developer of urban and mixed-use developments, launched its new state-of-the-art architectural masterpiece – Al   Thuraya Island – in AJMAL MAKAN city on Sharjah waterfront. The launching ceremony was held at the company headquarters in Sharjah. The launch of Al Thuraya Island reflects the ambitious vision of AJMAL

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5 reasons why  branded residences in Dubai are a good investment

News Desk 06/06/2024

Investing in Dubai real estate has always been attractive, but branded residences offer a particularly compelling opportunity. These luxurious properties combine high-end amenities, sophisticated design & architecture, superior service, and robust security, setting them apart from traditional real estate. In fact, Dubai’s branded residences are increasingly

Real Estate UAE

Dubai’s RTA In Pact To Propel Public Infrastructure Investment

News Desk 23/05/2024

Involving Digital Assets The Roads and Transport Authority (RTA) in Dubai has signed a Memorandum of Understanding (MoU) with SmartCrowd to boost investment opportunities in public infrastructure in Dubai emirate under the purview of the Authority. The new partnership is a significant step in Dubai’s journey towards embracing innovative digital solutions in real

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Asteco’s Q1 2024 Report Reveals Resilience in Dubai’s Real Estate Market

News Desk 21/05/2024

According to the Asteco Q1 2024 real estate report, Dubai’s real estate market remains resilient. Dubai’s strong economic performance and commitment to enhancing the quality of life and attracting skilled professionals will continue to attract a substantial number of expatriates. The report also highlights that the residential sales market in Abu Dhabi is showing

Design Real Estate

Gulf Land Property And Tonino Lamborghini Sign Pact

News Desk 15/05/2024

For Luxurious Residences In Dubai Gulf Land Property Developers has partnered with the Tonino Lamborghini Group to develop a luxury residential community in the heart of Dubai City. This collaboration marks the fusion of Gulf Land’s expertise in crafting luxurious living spaces with Tonino Lamborghini’s renowned Italian design legacy, setting a new benchmark

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Engel & Völkers proudly launches a commercial real estate division in the Middle East

News Desk 08/05/2024

Engel & Völkers Middle East announces the launch of Engel & Völkers Commercial from its office in Palm Jumeirah, Dubai. ⁤⁤This new division underscores the company’s commitment to meeting the increasing demand for commercial real estate services. Alex Lourenco, who has over 11 years of experience in commercial real estate and management in the United […]

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Real Estate Decarbonisation Platform Accacia Raises US$6.5m Pre-A Round Led by Illuminate Financial

News Desk 30/04/2024

Accacia, a decarbonisation platform focusing on the Real Estate and Infrastructure sectors, has closed a US$6.5m pre-Series A round led by Illuminate Financial – a specialist VC firm focused on enterprise fintech companies building solutions for the financial services industry. Southeast Asia based AC Ventures also participated in this round, alongside continued

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Top 6 luxury developments in Dubai to watch out for

News Desk 29/04/2024

Dubai’s real estate market presents a compelling opportunity for global investors and residents alike. With its steady market growth and strategic position as a business hub at the crossroads of Europe, Asia, and Africa, the city attracts a diverse clientele seeking luxury and innovation. Whitewill, the international luxury real estate agency serving developers and

Business Real Estate

Emaar Properties Declares Record AED4.4 Billion Dividend

News Desk 24/04/2024

New Board Appointed to Drive Growth Strategy At its Annual General Meeting (AGM) in Dubai on April 22, 2024, Emaar Properties announced that its shareholders unanimously approved a substantial dividend of 50 fils per share, amounting to a record AED4.4 billion ($1.2 billion). This declaration, a testament to Emaar’s robust profitability and commitment to shareholder

Real Estate

Emaar Properties To Cover Repair Costs For Homes

News Desk 21/04/2024

Affected By Dubai’s Recent Severe Weather In response to the severe rainstorm that swept through Dubai Emirate in the United Arab Emirates starting on April 16, 2024, Emaar Properties has announced an initiative to alleviate the burden on its affected community residents. The real estate giant has pledged to shoulder all expenses associated with repairing […]

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JLL appoints new Head of Project & Development Services Egypt

PR News Desk 15/03/2024

JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has announced the appointment of Ahmed Hemmat as the new Head of Project & Development Services (P&DS) Egypt. Ahmed brings over 20 years of experience in the construction and mixed-use development sector, with an impressive track record

Real Estate UAE

Emaar Properties unveils expansion of The Oasis in Dubai

PR News Desk 28/02/2024

Development value rises to AED73 billion Emaar Properties has unveiled a substantial expansion of its flagship residential project, The Oasis by Emaar, reaffirming its dedication to redefining luxury living standards. This Dubai-based development has witnessed a remarkable 108% increase in lush landscapes, propelling the total development value from AED34 billion to AED73

NEWS DESK GCC UAE

Economic resilience and robust demand propel the UAE’s real estate performance in 2023: JLL

PR News Desk 23/01/2024

As the UAE continued to demonstrate resilience in the face of challenging global economic conditions, the real estate sector witnessed robust growth across all the major asset classes in 2023, revealed JLL’s ‘A Year in Review’ UAE report. Faraz Ahmed, Research Director at JLL MENA, said: “Throughout 2023, the UAE’s real estate industry remained a top […]

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JLL calls for holistic strategies to integrate sustainability in real estate

PR News Desk 23/11/2023

While the UAE has been consistently launching green initiatives and projects, and setting bolder targets that are both pro-climate and pro-growth tofulfil its climate commitment, stakeholders in the real estate industry must take decisive action to safeguard their assets and secure long-term returns, highlighted JLL at a briefing held today ahead of the upcoming COP28.

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RERA offers 52 scholarships to citizens seeking to participate in a specialised training programme for real estate brokerage

PR News Desk 20/11/2023

In alignment with the UAE’s preparations to commemorate its 52nd Union Day, the Real Estate Regulatory Agency (RERA), an agency of Dubai Land Department (DLD), has partnered with the Innovation Experts Real Estate Institute to introduce an initiative aimed at empowering citizens in the real estate sector. This initiative involves offering 52 training scholarships for […]

NEWS DESK GCC UAE

Dubai Land Department gathers government and private sector to explore the future of Dubai’s real estate landscape

PR News Desk 15/11/2023

In line with the transformative initiatives undertaken by Dubai, and under the directives of its wise leadership to enhance its position among the best economic cities in the world, Dubai Land Department (DLD) hosted a strategy workshop, ‘Global Model for Communities of the Future,’ on 14 and 15 November at Jumeirah Mina A’Salam Hotel. The […]

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New projects to ease pressure on commercial real estate

PR News Desk 25/10/2023

The ongoing dynamic of robust demand and limited supply of office space is driving the performance of the UAE’s office sector. Whilst this is empowering landlords in both Dubai and Abu Dhabi, the completion of new projects is easing the upward pressure on the sector, according to JLL’s Q3 2023 UAE Real Estate Market Overview. […]