Tag: Real Estate

Construction & Real Estate

JLL plays key role in Dubai serviced apartment tower sale

Global real estate expert JLL said it has successfully advised on the sale of a strategically-located serviced apartment tower in Dubai, leveraging its extensive global investor network to connect international capital with regional opportunities. ...

Construction & Real Estate

Saudi real estate market posts Q3 growth on solid investor demand

A dynamic real estate landscape continued to unfold across the Kingdom of Saudi Arabia in Q3 catalysed by Vision 2030's transformative impact. Amidst this comes a new wave of regulatory changes that is set to significantly influence real estate dynamics, said an expert. ...

Construction & Real Estate

Elevate hits major milestone with record-breaking RAK project sales

Elevate, a lifestyle real estate brand, said it has received an overwhelming investor response for its key project - Mondrian Al Marjan Beach Residences - in Ras Al Khaimah with more than 200 of its units being snapped up within two hours of launch. ...

Construction & Real Estate

DHG Properties unveils third premium Helvetia property in Dubai

DHG Properties, a leading Swiss real estate developer with a major presence in the UAE, has launched its latest premium residential development - Helvetia Marine - on Dubai Islands. This marks DHG’s third project in Dubai under its Helvetia real estate brand. ...

Construction & Real Estate

Dubai Investments unit unveils two-tower development

Dubai Investments has announced that its real estate subsidiary DIR has unveiled a landmark mixed-use development - Al Vista - in Meydan. It comprises two towers - a 39-storey building featuring a total of 312 apartments and a 19-storey commercial tower. ...

Construction & Real Estate

NBB seals finance deal with Kanoo for premium residential projects

The National Bank of Bahrain (NBB) has signed an agreement with Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, to provide financing for their premium residential developments coming up in the kingdoms of Bahrain and Saudi Arabia. ...

Construction & Real Estate

Tomorrow World announces $2.18bn Dubai real estate pipeline

Tomorrow World Group, a global enterprise with a proud 20-year legacy in Dubai, has announced its most ambitious chapter yet: an AED8 billion ($2.18 billion) real estate development pipeline set to redefine the city’s skyline from 2026 onward....

Construction & Real Estate

Elevate, Ennismore unveil $490m RAK beach residential project

Lifestyle real estate brand Elevate has joined hands with hospitality group Ennismore for the unveiling of the AED1.8 billion ($490 million) Mondrian Al Marjan Island Beach Residences, featuring 343 homes with a mix of one- to five-bedroom apartments. ...

Construction & Real Estate

UAE real estate market in key Q3 growth momentum

The UAE real estate market extends growth momentum in Q3 with Abu Dhabi remaining on a stable long-term growth trajectory supported by rising demand, while Dubai continues to see unprecedented expansion with multiple projects, said a report. ...

Construction & Real Estate

Tamear wins contract for Riyadh business park project

Saudi Real Estate Construction Company (Tamear) has announced that it has secured a major contract for a business park project in Al Narjis district in Riyadh. An integrated trading hub, it will feature office spaces, restaurants and landscaped green areas. ...

Construction & Real Estate

Diyar Al Muharraq seals strategic partnership with Mazad

Diyar Al Muharraq, a leading real estate development company in the Kingdom of Bahrain, has signed an agreement with Mazad, the premier digital auction platform, to drive forward joint initiatives promoting innovation and operational efficiency. ...

Construction & Real Estate

Bayut & dubizzle, Prypco in deal to boost UAE home finance

UAE property portals - Bayut and dubizzle - have entered into a agreement with Prypco Mortgage, a key unit of leading proptech platform Prypco, to enhance access to innovative property financing solutions for homebuyers across the UAE. ...

Construction & Real Estate

Dubai brokerage Mira Real Estate rebrands to Mira International

Mira Real Estate, a leading Dubai brokerage, has rebranded to Mira International, thus marking the start of the company’s global expansion, including plans to open 30 branches in major cities. It has signed up industry veteran Aldo De Jager as its new CEO. ...

Construction & Real Estate

Land Sterling partners with Yardi to boost Saudi real estate services

Land Sterling, a key property management company, and Yardi, a global provider of cloud-based real estate technology, have signed an agreement to collaborate on advancing digital transformation and elevating service delivery within Saudi real estate market. ...

Construction & Real Estate

UAE groups ARY, Maher Al Zarooni set up new property JV

UAE groups ARY and Maher Al Zarooni have announced the formation of ARY & MAZ Developments, a joint venture set to deliver a new wave of landmark projects in Dubai with an estimated AED2.5 billion ($681 million) development pipeline. ...

Construction & Real Estate

Cityscape Global Riyadh closes with record-breaking $63bn in deals

This year's edition of Cityscape Global saw record participation with 577 top firms showcasing the best in real estate, urban planning and modern construction, at the four-day event in Riyadh. It ended on a successful note with record-breaking SAR237 billion ($63 billion) in deals. ...

Construction & Real Estate

Riyad Capital launches new $453m residential development fund

Riyad Capital, a leading company in Saudi real estate investment sector, has announced the launch of a new residential development fund valued at SAR 1.7 billion ($453 million), in partnership with Mountain View KSA. It is aimed at developing ONE Mountain View, a semi-gated residential community in Al Rimal District. ...