Tag: residential

Construction & Real Estate

Reportage boosts Riyadh residential pipeline with $299m investment

Leading developer Reportage Saudi Arabia is further strengthening its presence in Riyadh with investments totaling SAR 1.1 billion ($299.4 million), as the company continues to expand its residential portfolio, led by Najd 6 and Najd 7 in the Al Arid district of Riyadh, alongside ongoing projects development. ...

Construction & Real Estate

Muharraq City Development Project Phase I work nearing completion

Bahraini authorities said steady progress is being made on the Muharraq City Development Project with the first phase now nearing completion. The scope of work includes development of 300 residences with plans to reach 2,000 housing units in partnership with the private sector. ...

Construction & Real Estate

Condor Developers completes 85-unit residential project in Dubailand

UAE-based Condor Developers has announced that it has completed work on its sixth residential project in Dubai - Condor Fortuna - within Dubailand district. The project offers 85 premium apartments in Majan with access to four key arterial roads connecting major Dubai landmarks within a 10-to 30-minute drive. ...

Construction & Real Estate

Diyar Al Muharraq showcases Al Naseem canal-front villas in Bahrain

Diyar Al Muharraq, a leading real estate developer in Bahrain, unveiled its new show villa at its premium Al Naseem development, with only a limited number of units available. Spanning over 328,000 sq m area, Al Naseem features canal-front villas characterised by stunning interiors. ...

Construction & Real Estate

Al Ghurair awards contract for 130-unit Jumeirah Village Circle project

UAE-based Al Ghurair Development has appointed Julfar Contracting, a part of Rashed Al Jabri Group of Companies, as the main contractor for its premium residential development - Weave - located in Jumeirah Village Circle (JVC). Set for completion in 2028, it comprises 130 residences with a mix of one- to three-bedroom apartments along with premium amenities. ...

Construction & Real Estate

Riyadh invites private sector to develop 30,015-sq-m mixed-use project site

Riyadh Region Municipality and Saudi National Center for Privatization & PPP authorities have launched a tender for a 50-year private-sector partnership to develop a mixed-use residential, commercial and recreational project on a 30,015-sq-m area in northern Riyadh, thus marking the municipality's first project under the investment model. ...

Construction & Real Estate

Brookfield, Lunate join forces to develop premium homes in GCC

Leading global investment firms Brookfield and Lunate have launched Alya, a new platform focused on premium build-to-sell residential developments across the GCC, combining the global investment firm's development expertise with Lunate's regional networks....

Construction & Real Estate

Alya establishes regional headquarters at DIFC

Alya, a new institutional platform for premium residential developments across the GCC, has established its regional headquarters in Dubai International Financial Centre (DIFC)....

Construction & Real Estate

Vision breaks ground on 246-unit residential project in Dubai

Vision Developments has announced the official groundbreaking of Sera Gardens by Vision, a key residential development comprising 246 apartments, with a diverse collection of studios, one and two-bedrooms as well as three and four-bedroom duplexes in Dubai Production City. ...

Construction & Real Estate

H&H breaks ground on 32-unit Dubai Hills villa community

Dubai-based developer H&H has announced the groundbreaking of its premium project - Eden House Dubai Hills - a 32-villa residential community designed around architecture and hospitality-inspired living with a mix of five- and six-bedroom units set within landscaped surroundings. ...

Construction & Real Estate

Four Seasons unveils new 52-unit luxury residential project at DIFC

Global hospitality group Four Seasons has partnered with UAE-based investment company Bright Start for the launch of its new premium project - Four Seasons Private Residences - in Dubai. H&H Development will be overseeing the construction of the new 52-unit Four Seasons residential offering. ...

Construction & Real Estate

EYWA joins forces with Longevium to expand its longevity, wellness offering

EYWA, a global regenerative luxury brand pioneered by European developer R.Evolution, has partnered with Dubai-based Longevium, a network of clinics specialising in metabolic health, preventive care, and data-driven medicine, to expand its approach to longevity, preventive health and wellbeing. ...

Construction & Real Estate

Azizi kicks off workforce residential projects in Dubai, Sharjah

UAE-based Azizi Developments has begun work on master-planned workforce communities in Dubai and Sharjah designed to accommodate more than 31,000 people, with its flagship Al Sajaa project in the northern emirate comprising 36 residential buildings and integrated medical, retail, wellness and dining facilities for over 20,000 residents. ...

Construction & Real Estate

Reportage, Sabah unveil four real estate projects in Azerbaijan

UAE-based real estate developer Reportage has joined hands with Sabah Investment Group for the unveiling of four real estate projects within Sea Breeze, an integrated residential and resort destination on the Caspian coast near Baku, Azerbaijan, with each offering a distinct residential concept. ...

Construction & Real Estate

Aldar seals $300m deal with Arada for premium Sharjah residential units

Leading UAE developer Aldar has announced the signing of an AED1.1 billion ($300 million) forward purchase agreement with Arada for three residential blocks comprising over 1,100 units across nine buildings in Aljada, Sharjah’s flagship mixed-use master development. ...

Construction & Real Estate

Samana enters premium lifestyle property market with new brand

UAE-based Samana Developers has launched its new real estate brand, Samana Collecta, thus marking its expansion into a lifestyle-led development. Built around a 'life first' philosophy, Samana Collecta is set to develop its debut venture, a AED4 billion ($1.08 billion) project, at The World Islands....

Construction & Real Estate

Saudi construction activity grows for fifth month as new orders rise

Saudi Arabia’s construction activity expanded for a fifth consecutive month in September, although the pace of growth eased from August, according to a report. The activity increased across the key sectors of residential, non-residential structures and infrastructure supported by new orders. ...

Construction & Real Estate

S&P assesses impact of Middle East war on Dubai property market

Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one, according to S&P Global Ratings. ...

Construction & Real Estate

Al Ahly Sabbour unveils its first luxury residential offering in Oman

Egyptian developer Al Ahly Sabbour Real Estate has announced the launch its first luxury residential offering in Oman as part of the Wadi Zaha development within the Sultan Haitham City. The Zaha Residence comprises a mix of studios and one- to three-bedroom apartments as well as other premium amenities. ...

Construction & Real Estate

DHG starts handover of $200m Helvetia Residences in JVC

DHG Properties, a part of Swiss real estate and construction group DHG, has officially begun the handover of its Helvetia Residences project in Jumeirah Village Circle (JVC). A $200 million residential project, it features 430 homes across 25 floors with a mix of studios and one- to three-bedroom apartments. ...