Tag: REAL ESTATE

Construction & Real Estate

Mered unveils French Riviera style villas collection on Al Reem Island

Mered, an award-winning real estate developer, has unveiled its ‘bay villas’, a unique collection of five waterfront residences on Al Reem Island. Each villa is named after an iconic city along the French Riviera and draws its identity from the character of its namesake destination. ...

Construction & Real Estate

Dubai Residential REIT buys Jebel Ali townhouses cluster for $243m

Dubai Residential REIT, the GCC’s largest real estate investment trust, has announced the successful acquisition of 220 townhouses at Jebel Ali Village for AED894 million ($243 million) and their addition to its investment portfolio. The cluster comprises a mix of three- and four-bedroom units in a family-oriented community. ...

Construction & Real Estate

MRI Software unveils new solutions within its AI-powered real estate platform

MRI Software, a leader in real estate software and services, has launched two new solutions within its AI-powered real estate platform - MRI Agora. The first delivers proactive portfolio signals and the second, executes real estate-specific agentic workflows automatically. ...

Construction & Real Estate

Dubai's real estate projects value top $75bn in H1

The current pace of launches have put Dubai on track for one of its biggest real estate years in history with the value of prospect and new development projects across the emirate since the beginning of 2026 surging to more than AED275 billion ($75 billion), said a report. ...

Construction & Real Estate

Dubai Land Department launches ‘Flexi Rent’ initiative

Dubai Land Department (DLD) has launched a key initiative ‘Flexi Rent’ in partnership with leading developers in bid to develop a more sustainable real estate ecosystem. This key model will be applied to vacant or eligible rental units owned or managed by DLD's participating partners. ...

Construction & Real Estate

First Avenue consortium signs framework deal for flagship Makkah project

First Avenue for Real Estate Development has announced that its consortium has signed a framework agreement with the Royal Commission for Makkah City and Holy Sites and Jadwa Investment Company for the development of Eastern Hindawiyah, its flagship project in Makkah city. ...

Construction & Real Estate

Saudi Properties starts accepting foreign real estate ownership applications

Saudi Arabia's Real Estate General Authority (REGA) has announced the opening of applications for foreign real estate ownership through its Saudi Properties portal. This is the official portal for the Foreign Real Estate Ownership Law, following its coming into force from January. ...

Construction & Real Estate

fäm sells prime Business Bay office space for record AED124m

UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million ($33.8 million). It is the biggest commercial real estate deal of its kind recorded in Dubai. ...

Construction & Real Estate

Marjan boosts sustainability credentials with EarthCheck certification

Marjan Group, a key real estate developer in UAE, has announced that it has retained its EarthCheck Silver Certification for 2024, thus strengthening its role in shaping sustainable, future-ready destinations, through responsible development, environmental stewardship and long-term value creation across Ras Al Khaimah. ...

Construction & Real Estate

MERED marks key construction milestone at its 66-storey Dubai tower

MERED, a leading real estate developer, has achieved a major safety milestone by clocking 3 million safe man-hours without a lost time injury (LTI) at its ICONIC Residences Design by Pininfarina. The 66-storey tower continues to rise at an impressive pace, with it now reaching Level 31. ...

Construction & Real Estate

Transformation reshapes Middle East retail real estate landscape, says expert

The Middle East retail real estate industry leaders are set to rethink the operating models as the forces reshaping the retail sector are converging faster than most operators recognise, said an industry expert, addding traditional space-centric models are no longer sufficient for what lies ahead. ...

Construction & Real Estate

AMIS breaks ground on Jacob & Co.’s villa community; targets $10bn IPO in three years

AMIS GPD Development, one of Dubai's fastest-growing real estate developers, has broken ground on its sixth project in less than two years, with the commencement of construction on Fleurs de Jardin, its landmark branded villa community created in partnership with high jewellery, high watchmaking brand, Jacob & Co. in Meydan District 11. ...

Construction & Real Estate

King Abdullah Financial District seals partnership with Osool Real Estate

King Abdullah Financial District Development and Management Company said it has signed an agreement with Osool Integrated Real Estate Company that will see the duo work together to identify and execute potential investment opportunities across its portfolio of development projects. ...

Construction & Real Estate

Ellington announces launch of 209 design-led residences in Meydan

Ellington Properties, a leading design-led real estate group, has announced the launch of its newest residential development, Everly Place, located at Meydan Horizon in Dubai featuring 209 residences across a curated mix of one - to three-bedroom apartments overlooking the crystal lagoon. ...

Construction & Real Estate

Modon to develop premium infrastructure projects in Al Dhafra Region

Modon Holding, an Abu Dhabi-based company with key interests in real estate, hospitality and tourism sectors, said it aims to develop premium infrastructure projects in Al Dhafra Region of the emirate and create integrated urban environments that support economic and social growth in the region. ...

Construction & Real Estate

Abu Dhabi residential market posts record Q1 with $10.4bn in sales

Abu Dhabi’s residential real estate sector delivered its strongest first quarter on record this year, with AED38.1 billion ($10.4 billion) worth of sales across 8,100 transactions, said a top property consultancy, adding that Yas Island was in pole position for biggest jump in sales and rental prices. ...

Construction & Real Estate

Equitativa sells prime commercial building in Dubai

Equitativa, a top REIT manager in the Gulf region, has announced the successful sale of its prime commercial building located on Sheikh Zayed Road. A mixed-use retail and office building, Indigo 7 enjoys excellent visibility and features 1,902 sq m of prime retail and office space. ...