Tag: residential

Construction & Real Estate

Mered's Abu Dhabi waterfront residential tower enters fast-track

UAE developer Mered has announced that deep foundation works was currently under way at its waterfront residential tower - Riviera Residences - in Al Reem Island, Abu Dhabi. With work in full swing, the premium project, featuring over 400 apartments and 11 exclusive villas, is on track for timely completion. ...

Construction & Real Estate

Arada starts handover of first homes at Sharjah lifestyle hub

Leading UAE developer Arada has announced the handover of its first residential homes at Sharjah’s newest lifestyle and hospitality destination - Vida Residences Aljada. A four-building complex, Vida Aljada features 255 branded residences, 149 serviced apartments and 175-key hotel....

Construction & Real Estate

Sanzen starts work on $408m Sharjah residential development

Sanzen, a UAE-based real estate developer, has announced that it has broken ground on Sukoon, an AED1.5 billion ($408 million) residential development in Sharjah comprising 859 villas and townhouses across four phases. The Phase 1 work has been awarded to PTC, a UAE-based company with more than five decades of experience....

Construction & Real Estate

Asas Makeen in deal to develop 503-unit residential project in Riyadh

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated residential compound in Al Rimal District, Riyadh, featuring a total of 503 homes. ...

Construction & Real Estate

Burtville unveils new hotel-branded residential project in Abu Dhabi

UAE-based Burtville Developments has announced the launch of its tenth project in Abu Dhabi, a new hotel-branded residential development on the Al Raha Beach waterfront. It boasts three architecturally-distinct towers featuring 163 residences, including 19 waterfront townhouses and sky villa units. ...

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....