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Tag: Residential

Construction & Real Estate

Grovy's Dubai residential project on track for 2027 handover

Grovy Developers, a key real estate developer in Dubai, has confirmed steady progress on its residential project, Rivo by Grovy, in Dubai Land Residential Complex. With the enabling works in their final phase and piling and shoring works now nearing completion, it is on track for Q4 2027 handover. ...

Construction & Real Estate

RTA starts maintenance works on sidewalks across Dubai

Dubai’s Roads and Transport Authority (RTA) has announced the launch of sidewalk maintenance and rehabilitation works across the emirate, covering a total area of 90,000 sq m in line with approved preventive maintenance plans for 2026. ...

Construction & Real Estate

Alramz in deal to build 900-unit integrated community in Jeddah

Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities. ...

Construction & Real Estate

R.Evolution completes Eywa Tree of Life superstructure work

R.Evolution, a pioneering real estate developer, has completed the superstructure of Eywa Tree of Life, a flagship residential development. It has also finalised the show residence of "the most health-conscious building" in the world, the developer said....

Construction & Real Estate

Alef awards early works contract for Sharjah lifestyle project

UAE-based Alef Group has awarded the early works contract for its flagship project Olfah coming up in Sharjah. An integrated lifestyle destination, it features a mix of residential living, expansive green spaces and community amenities within a walkable urban environment. ...

Construction & Real Estate

Killa Design unveils new landmark residential project on Al Maryah Island

Killa Design has revealed a sculptural new landmark in Abu Dhabi - Jumeirah Residences Al Maryah Island - that is shaped by the studio’s future-driven philosophy. A 186-m tower, it is being conceived as a fluid, sculpted form, challenging the more rigid typologies of Al Maryah Island. ...

Construction & Real Estate

Jeddah shines in Saudi residential sector with record $9.7bn sales in 2025

Saudi Arabia’s three major residential markets – Riyadh, Jeddah and Dammam – delivered contrasting performances in 2025, said an expert. Jeddah emerged the top performer with record sales of SAR36.6 billion ($9.75 billion) followed by Dammam while in capital Riyadh, elevated financing costs led to a decline in buyer activity. ...

Construction & Real Estate

Palma completes work on premium Dubai beachfront residential project

UAE-based Palma Development has announced that work has been completed on its ultra-premium beachfront residential development - Serenia Living - located on the crescent of Palm Jumeirah. It boasts 226 residences, including two- to four-bedroom apartments as well as one of Dubai’s most exclusive Sky Mansions. ...

Construction & Real Estate

Bahrain real estate activity surges in 2025 amid falling prices, rents

Bahrain’s real estate market recorded strong growth in transaction activity in 2025, even as prices and rents declined across several segments, highlighting uneven performance across the property sector. The total transaction value jumped 51.6% to BD1.6 billion ($4.2 billion), hitting a new high in over a decade, said an expert. ...

Construction & Real Estate

Dubai South Properties awards $544m contract for luxury community project

Dubai South Properties has awarded AED2 billion ($544 million) contract to Mohammed Abdulmohsin Al Kharafi & Sons for the development of multiple phases of Hayat by Dubai South. A luxury master-planned community, it will feature 2,500 residential units including townhouses, villas as well as mansions. ...

Construction & Real Estate

Azizi signs up Doka as formwork partner for prime Dubai project

UAE-based Azizi Developments has announced that it has appointed Doka, a world leader in formwork, scaffolding and engineering solutions based in Austria, as the formwork and scaffolding partner for its landmark multi-tower residential complex - Rêve Riviera - located in the MBR City, Dubai. ...

Construction & Real Estate

Emaar Properties announces $2.4bn cash dividends for FY 2025

Dubai master-developer Emaar Properties has announced plans to distribute cash dividends worth AED8.8 billion ($2.4 billion), representing 100% of the share capital, for the FY 2025. The Dubai developer had recorded its highest property sales of AED80.4 billion ($21.9 billion), up 16% over the previous year. ...

Construction & Real Estate

Arada starts handover of five new residential blocks in Sharjah mega project

UAE developer Arada said it has completed the construction and begun handover of five new residential blocks in Naseej District within its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah. It comprises 482 apartments with a mix of one- to three-bedroom units along with smart home features....

Construction & Real Estate

Dubai Investments' RAK mixed use project set for 2027 completion

Dubai Investments has announced that work is moving at a steady pace on one of its premium mixed-use developments on Al Marjan Island in Ras Al Khaimah with its residential tower on track for Q1 2027 completion and its hotel unit by Q3 next year. ...

Construction & Real Estate

Azizi's metro-linked residential project in Dubai 55pc complete

UAE-based Azizi Developments has announced that work is moving at a steady pace on its contemporary, metro-connected residential development - Azizi Zain - within the Al Furjan community development in Dubai, with nearly 55% of the project already completed. ...

Construction & Real Estate

Abu Dhabi residential property sales hits record $20bn in 2025

Abu Dhabi’s residential real estate sector secured record-breaking AED73.2 billion ($20 billon) in sales in 2025 as transactions rose 55% to reach 22,400, said an industry expert. Off-plan sales dominated the market, accounting for 71% of sales activity, backed by strategic project launches. ...

Construction & Real Estate

Roshn inks deal with Miskan to develop prime land in Riyadh

Roshn Group, Saudi Arabia's leading multi-asset class developer powered by sovereign wealth fund PIF, has signed a strategic agreement with Miskan Real Estate Company, to develop more than 68,000 sq m of land within Warefa community in the capital Riyadh for a key residential project. ...

Construction & Real Estate

Aldar Properties says all operations continue as normal

Aldar Properties confirmed operations across its residential communities, retail destinations, commercial offices, logistics facilities, hotels, schools and development sites in the UAE continue without interruption and the company remains operationally and financially resilient....

Construction & Real Estate

Sorouh Al Qurm to build $596m integrated tourism complex in Muscat

Oman-based Sorouh Al Qurm Real Estate has announced plans to develop an integrated tourism complex at an investment of RO230 million ($596 million) in Muscat. Spanning 165,000 sq m, the ITC will boast two four-star hotels along with residential and retail units as well as a range of recreational facilities. ...

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