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Egypt-ras al-hekma-UN-HABITAT

Egypt approves establishing special free zone in Ras al-Hekma

Egypt has moved ahead with administrative realignment of the region after the country signed a $35bn FDI deal with the UAE’s ADQ earlier this year

ROSHN launches ALDANAH

Saudi’s ROSHN unveils new residential project in Greater Dammam

Aldanah will feature more than 2,500 homes, spread across 1.7 million square metres, catering to nearly 10,000 residents

Dubai

UAE rains: Which free repair services are Dubai developers offering?

This initiative, spearheaded by Sheikh Hamdan, aims to alleviate the effects of the storm and facilitate the restoration of normalcy in affected communities

Emaar to repair rain hit homes in its communities for free Image Emaar

Emaar to repair homes affected by severe weather for free

The developer said it will cover all costs for repairs of homes within its communities affected in Dubai, ensuring residents face no financial burden

Emirates REIT reports highest even property income in 2023 Image courtesy- Deejpilot Getty Images

Real estate: Emirates REIT property income hits a record $74m in FY2023

Emirates REIT’s net property income surged by 12 per cent to $62m, driven by strategic asset performance optimisation

Arada awards Dhs615m contracts for 565 housing units

Sharjah’s Arada awards Dhs615m contracts for 565 housing units

Construction on the project will begin immediately and all homes will be completed and handed over by the end of 2025

Dar Al Arkan, ROSHN partner on SAR215m project in Sedra community

Dar Al Arkan, ROSHN ink deal on SAR215m project in Sedra community

Spanning 56,280 square metres, the project featuring villas will seamlessly blend modern amenities with Saudi heritage

ICD BROOKFIELD PLACE

Olayan, Lunate acquire stake in ICD Brookfield Place

Lunate and Olayan Financing Company will each possess a 24.5 per cent equity interest in ICD Brookfield Place

Jared Kushner's Affinity Partners developing Balkan projects

Mohamed Alabbar in talks with Jared Kushner for Serbia project

Kushner told Reuters last month he was in talks over investing in Belgrade, the capital of Serbia, to transform the old army headquarters

Dubai South Properties awards Dhs1.5bn contract to AL Kharafi to build new phases

Dubai South awards Dhs1.5bn contract to develop new South Bay phases

South Bay is envisioned as a premier residential community located in the heart of the Residential District in Dubai South

UAE’s Jubail Island Investment Company unveils $1.09bn beachfront community in Abu Dhabi

Owned by JIIC, Jubail Island is set to become a premier residential destination, housing six residential villages amidst the rich biodiversity of the mangroves

Emirates Residences

Emirates’ 2024 April Fool’s: 380-story tower with private airport

The combination of Emirates’ brand and quality to a new development pushes the boundaries of branded real estate in the UAE

home mortgage offers - Huspy, Holo

Huspy versus Holo: Mortgage offers under 4% for homebuyers

Driven by technology, various platforms are offering an interface that is secure and transparent, along with financing options from multiple lenders

Dubai ALEC IPO on the cards

Dubai considers IPO for ALEC amidst property boom: Reports

Investment Corporation of Dubai is said to consider listing ALEC

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi unveils new Dhs3.5bn residential project for citizens

The Yas Canal project in Abu Dhabi will comprise 1,146 residential villas for UAE Nationals and is scheduled for completion in Q4 2027

NEOM-TREYAM

Neom unveils world’s longest infinity pool at Treyam and a cantilevered hotel at Gidori

NEOM’s latest announcements add to the development plan that includes Norlana, Epicon and Aquellum, among others

AHS Properties CEO Abbas sajwani Image Motivate Media Group

‘Location sets the stage for luxury living’, says AHS Properties’ Abbas Sajwani

Keen to step outside the box and reimagine the expected, entrepreneur and AHS Properties CEO Abbas Sajwani is not just selling dream homes – he’s redefining the landscape of luxury living

New Murabba Mukkab

Saudi’s New Murabba ‘open for international investment’, says CEO

Already making significant strides in laying the groundwork for the iconic Mukaab building, the company has excavated nearly four million cubic metres of material

Nobu Residences Abu Dhabi_Penthouse Villa Terrace

Abu Dhabi’s most expensive penthouse is sold, here’s what it cost

The unit sets a new benchmark for price per square metre at more than Dhs96,000 per square metre and is the most expensive apartment ever sold in Abu Dhabi

Dubai consolidates real estate assets under Dubai Holding

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

mohamed alabbar-eagle hills group

Mohamed Alabbar confirms participation in Budapest project

The Budapest project, expected to span one million square metres, will feature residential and commercial towers

BUDAPEST - DUBAI

‘Mini-Dubai’ being built in Budapest amid EUR5bn UAE-Hungary deal

First revealed in 2023 by Hungarian Minister Janos Lazar, the project was said to cost approximately EUR1bn, to enhance and upscale an abandoned neighbourhood in the capital

Nouran Living by Aldar launches in Abu Dhabi Image: Aldar

Community takes centre stage at Aldar’s new Nouran Living

Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027

ARISTA REAL ESTATE

Arista Properties’ Emma Brain talks luxury real estate and being a woman in the built sector: IWD 2024 special

The Arista Properties executive highlights the growing role of women in shaping the future of real estate in the region.

How ROSHN is building supply chain resilience in Saudi Arabia

Saudi Arabian real estate developer ROSHN is not only building out entire communities, but also helping to shape key supply chains

Meet Rizwan Sajan: Danube’s famous 1% Man

As a real estate mogul, Sajan continues to shape the skyline of Dubai, contributing to the city’s growth and development

Real Estate Moguls: Imran Farooq, CEO, Samana Developers Image Supplied

Real Estate Moguls: Meet Imran Farooq, CEO of Samana Developers

Farooq’s leadership philosophy is embodied in SAMANA Developers’ “On Time, Every Time” commitment, a cornerstone of its success

Bik Bhuptani and Paul Simmons on why regional investors continue to be interested in the real estate sector in the UK Images supplied

Power Letters 2024: Regional investors retain interest in UK real estate

Despite economic headwinds, trends reflect a growing demand for green and ESG-compliant real estate assets in the UK

Q Holding to rebrand as Modon Holding after $12bn merger

Abu Dhabi’s Q Holding to rebrand as Modon Holding after $12bn merger

ADQ and IHC Capital will own a respective 38.7 per cent and 19.4 per cent of the entire issued share capital of the merged entity

UAE

UAE’s property market shows no sign of cooling off, says CBRE

The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent