Tag: RESIDENTIAL

Construction & Real Estate

Residential unit sales of $20.69bn drive Abu Dhabi real estate market

Residential unit sales emerged as the primary growth driver for Abu Dhabi's real estate market in 2025, expanding from approximately AED19 billion in 2022 to AED76 billion ($20.69 billion) in 2025, representing a fourfold increase driven by off-plan sales growth and master-planned community development....

Construction & Real Estate

Eskan Bank signs up Mazen Al Umran as consultant for Seef Greens project

Eskan Bank, a leading bank in Bahrain, has appointed Mazen Al Umran as the official design and supervision consultant for its Seef Greens development. A key urban development project in the kingdom, it features a mix of residential and commercial elements along with premium amenities. ...

Construction & Real Estate

Azizi launches new residential project within Riviera community

UAE-based Azizi Developments has announced the launch of its newest residential project - Azizi Riviera 66 - within the stylish waterfront-inspired lifestyle destination Riviera in Dubai. A prime project, it offers a selection of well-designed residences along with key amenities. ...

Construction & Real Estate

Prime office shortage drives commercial buying in Dubai, says expert

Dubai’s real estate market is transitioning from the sharp acceleration of recent years into a more mature and sustainability-led growth phase, said an industry expert. While activity levels remain robust, the latest figures point to quality-driven demand across buyer segments. ...

Construction & Real Estate

Combined Group Contracting wins $252m Kuwait Oil Company deals

Combined Group Contracting Company (CGC), a specialist in the construction of residential and commercial as well as roads and oil and gas projects, has secured contracts worth KD77.3 million ($252 million) from Kuwait Oil Company for the construction of flowlines and associated works. ...

Construction & Real Estate

Tissoli launches Phase 2 of flagship residential project in RAK

Tissoli, a leading real estate developer, has announced the sales launch of the second phase of its AED1.2 billion ($327 million) flagship development, Palazzo Tissoli, in Ras Al Khaimah. It involves a limited collection of fully furnished studios, and one-bedroom apartments featuring sweeping sea views. ...

Construction & Real Estate

Azizi launches new residential project in Al Jaddaf district

Azizi Developments has announced the launch of its new residential project in the vibrant Al Jaddaf district in Dubai. The Azizi Jaddaf Beach Oasis offers a distinctive, resort-inspired lifestyle to the residents with a mix of modern freehold studios and spacious one-bedroom apartments and penthouses. ...

Construction & Real Estate

Ayat breaks ground on 376-unit residential project in Dubai

UAE-based Ayat Development has marked the groundbreaking of Ayami Residence, a contemporary G+Podium+6 residential development in Warsan First, Dubai. Scheduled for completion in 2028, the 376-unit project will introduce a curated mix of studios, one- and two-bedroom apartments. ...

Construction & Real Estate

Takmeel launches landmark residential project in Dubai South

Takmeel Real Estate Development has announced the launch of Divine Elements, a landmark residential project in Dubai South, comprising a curated selection of studio, one- and two-bedroom apartments, tailored for singles, couples and families along with premium amenities. ...

Construction & Real Estate

Alramz inks deal with Roshn to develop prime residential plots

Alramz Real Estate has announced that it has signed an agreement with leading Saudi developer Roshn for the purchase and development of two residential plots spanning over a 14,128 sqm area in Riyadh. As per the deal, a total of 240 residential units will come up on these plots....

Construction & Real Estate

Beyond unveils fully masterplanned project on Marjan Beach

Beyond Developments has unveiled its first fully masterplanned project, Evermore, on Marjan Beach in Ras Al Khaimah featuring residential, hospitality and retail components. Anchored by 250,000 sq m open spaces, including a botanical garden, it is designed as a fully pedestrian masterplan with a projected GDV exceeding AED25 billion. ...

Construction & Real Estate

Al Ramz Real Estate in deal to develop Makkah residential towers

Al Ramz Real Estate said it has signed an agreement with a fund managed by Al Rajhi Capital, a leading financial group in Saudi Arabia, to develop two residential towers on a plot spanning over 6,000 sq m in the King Abdulaziz Road District in Makkah. ...

Construction & Real Estate

KIB seals co-op agreement with Kuwaiti construction major ACICO

Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot. ...

Construction & Real Estate

Abu Dhabi property market records $3.2bn in January sales

Abu Dhabi’s residential property market began 2026 on solid footing, netting AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, said a report. Off-plan properties accounted for 83% of total deals for the month, significantly outperforming the secondary market. ...

Construction & Real Estate

Al Osool launches new free-hold residential project in Muscat

Leading Omani real estate group Al Osool has announced the launch of its new free-hold residential project, Golf Hills, in capital Muscat. Spanning over a 11,000 sq m area, it features three upscale residential towers housing a total of 366 apartments along with a range of premium amenities. ...

Construction & Real Estate

Alargan, GS REDC launch first Saudi–Korean residential project in Riyadh

Alargan Projects Company, in partnership with Korea’s GS REDC, has officially announced the launch of Oasis Residence, marking the first Saudi–Korean residential development in the kingdom. Located in north Riyadh, it features 182 modern semi- furnished residential apartments. ...

Construction & Real Estate

Hassan Allam Holding launches $880m Noor Khuzam residential community

Hassan Allam Holding’s development arm, Grova Developments, and Tilal Real Estate in partnership with the National Housing Company (NHC) have launched Noor Khuzam, one of the most prominent new residential communities in the northern part of Riyadh....

Construction & Real Estate

RAK Properties unveils brand-new residential destination in Al Marjan

RAK Properties has launched The Strand, a brand-new residential destination within the masterplan of Marjan Beach in Ras Al Khaimah. A mixed-use project, it features 540,000 sq m GFA allocated across well-crafted homes, retail hubs and an expansive network of green spaces and community-focused districts. ...

Construction & Real Estate

Royal Development announces sellout of Rotana Al Reem Island homes

UAE-based Royal Development has successfully sold out its AED1 billion ($272 million) Rotana Residences – Al Reem Island project in Abu Dhabi, ahead of its official launch. Set for 2028 completion, the landmark development comprises two iconic towers featuring a collection of 439 residences. ...