REAL ESTATE NEWS & UPDATES
Latest News & Updates
Demand for ready properties grows as more tenants turning owners
The first quarter of 2024 opened up to strong demand for existing projects across both Dubai and Abu Dhabi unlike the first quarter of 2023. Demand for ready properties grew in the UAE in the first quarter of 2024 as tenants are increasingly opting for ownership to beat rising rentals.
Most Impactful Real Estate Leaders 2024
The real estate market is a cornerstone of any economy and affects a vast number of people through its movements. In 2024, the real estate sector continues to have promising long-term potential. Robust economic growth, expanding population, and government investment could all contribute to increasing demand for real estate. Governments,
Emirates Residences: New 380-story mega project with private airport in Dubai
The combination of Emirates’ brand and quality to a new development pushes the boundaries of branded real estate in the UAE Dubai’s skyline is set to get a new icon with the national carrier unveiling plans to develop Emirates Residences, a 380-story mega-project poised to elevate the city’s real estate
Arada completes first 920 homes in Sharjah megaproject Aljada
The completion of all 920 homes in the Tiraz 1-8 buildings brings the total number of units completed at Aljada to over 7,500 UAE - Arada has completed the first eight residential buildings in Naseej District, a new creative hub based at the AED35 billion ($9.53 billion) Aljada megaproject in
Samana plans to invest $3.4bn in waterfront projects
Samana will also award 18 construction contracts over the course of the year. Samana Developers will be investing $3.4 billion (AED12.5 billion) in new residential projects this year in Dubai, with an expanded portfolio of waterfront property. In addition, the developer announced on Monday it will award 18 construction contracts
Dubai consolidates Nakheel and Meydan under Dubai Holding
The deal is set to combine a complementary suite of services and expertise to diversify Dubai’s economy and maximise its competitiveness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has consolidated the emirate’s major real estate developers under Dubai Holding