Tag: residential

Construction & Real Estate

Alramz in deal to develop premium residential project in Riyadh

Saudi-based Alramz Real Estate has announced that it has signed an agreement to establish a SAR2.5 billion ($666 million) shariah-compliant real estate investment fund to develop its residential project - Rabwa Alramz - in Riyadh, with SNB Capital acting as the fund manager. ...

Construction & Real Estate

Palace Group unveils new luxury residential project in Jumeirah

Palace Group, a key player in the UAE’s luxury real estate sector, has announced the launch of Aya, an exclusive new residential development at Jumeirah Garden City in Dubai. Set for 2027 completion, the project features 70 exclusive homes with a mix of one- to two-bedroom units. ...

Construction & Real Estate

Mashriq Elite breaks ground on Dubai Islands residential project

Mashriq Elite Real Estate Developments has officially broken ground on Floarea Breeze - its debut residential project in Dubai Islands. Set for Q3 2027 completion, the key waterfront development features 48 residential apartments and 4 townhouses. ...

Construction & Real Estate

Pure Bliss celebrates topping out of flagship Dubai residential project

Pure Bliss Development, owned by region’s major retail conglomerate Lals Group, has announced the topping out of Bliss Tower, its flagship residential project in the Dubai Land Residence Complex, thus signifying completion of the major building structure. ...

Construction & Real Estate

57,000 new units in Riyadh’s 2026-27 residential pipeline, says report

Residential sales values in Riyadh hit SAR17.6 billion ($4.69 billion) in Q3 as the city prepares to deliver 57,000 new units in 2026-27, said a report. Property purchases across key cities will rise further in 2026 as new foreign ownership law takes effect. ...

Construction & Real Estate

Bahrain announces housing packages for 7,000 citizens

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain has directed officials to boost the kingdom's housing services, which can be availed of by 7,000 citizens. This is in line with the orders of His Majesty King Hamad to accelerate the delivery of 50,000 new housing units, said a report. ...

Construction & Real Estate

Taraf, Masdar City to launch 153-acre residential masterplan in Abu Dhabi

Taraf, the real estate division of Yas Holding, and Masdar City, Abu Dhabi’s pioneering sustainable urban district, are joining forces to develop Fay Hills, a 153-acre residential masterplan designed around sustainability, wellness, and human-centred living. ...

Construction & Real Estate

Modon inks $1.36bn contract for 735 Abu Dhabi villas

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential projects in Abu Dhabi in 2025....

Construction & Real Estate

Luxe breaks ground on $626m luxury residential project in RAK

UAE-based The Luxe Developers has broken ground on its AED2.3 billion ($626 million) wellness-integrated luxury development - La Mazzoni - on Al Marjan Island, Ras Al Khaimah. Set for completion in Q3 2028, it features 562 fully furnished units and other key amenities. ...

Construction & Real Estate

Nabni starts work on premium residential project in Al Furjan

Nabni Developments has officially begun work on its newest residential project - Nabni Avenue 7 - located in Dubai’s Al Furjan district. Due for handover in August 2027, the 12-storey mid-rise building features 166 apartments with a mix of one- to three-bedroom units. ...

Construction & Real Estate

Empire breaks ground on landmark 634-unit residential tower in Dubai

Empire Developments has broken ground on its new residential project - Empire Lake Views - in Dubai. Strategically located between Dubai Silicon Oasis and Academic City, the luxury tower will rise across 31 floors and feature 634 apartments along with key amenities. ...

Construction & Real Estate

Abu Dhabi Equestrian Club launches integrated development project

The Abu Dhabi Equestrian Club has announced the launch of Al Khail Square, an integrated development project featuring advanced equestrian facilities, premium residential units, modern healthcare amenities as well as a variety of retail and commercial spaces. ...

Construction & Real Estate

Parkin seals landmark 5-year agreement with Damac

Parkin Company, a leading provider of paid public parking facilities and services, has signed a five-year agreement with Damac Properties to optimise the use of 3,600 parking spaces across Damac’s portfolio of premium developments in Dubai and Abu Dhabi. ...

Construction & Real Estate

Swarovski-branded luxury residential project set for Oman debut

LEO Developments has announced the official launch of Vistal, the first Victoria Swarovski-branded residential project, at Al Mouj Muscat in Oman. It boasts luxury apartments and duplex chalets in addition to more than 50 premium amenities. ...

Construction & Real Estate

Richmind breaks ground on ZHA-designed luxury seafront residences

UAE-based developer Richmind has broken ground on its landmark residential project - Oystra - on Al Marjan Island, Ras Al Khaimah. Designed by Zaha Hadid Architects (ZHA), Oystra will offer 850 one- to four-bedroom luxury seafront residences. ...

Construction & Real Estate

Tight supply conditions drive UAE real estate sector growth in Q3

The UAE's real estate market experienced strategic evolution across the residential, hospitality and industrial sectors, with robust demand and shifting occupier and investor priorities actively reshaping market dynamics in Q3 2025, said an industry expert. ...

Construction & Real Estate

Meraas inks Madinat Jumeirah tower project contract

UAE developer Meraas has awarded the construction contract for its new Riwa apartments at Madinat Jumeirah Living. Set for completion in Q3 2027, the project comprises three 10-storey buildings with 244 premium apartments and other amenities. ...

Construction & Real Estate

Jad Global unveils premium residential project in Jumeirah Garden City

Jad Global, a key developer, has announced the official launch of its new residential project - JAD 288 - located in Jumeirah Garden City, Dubai. It features 216 residential units and six retail outlets along with a diverse collection of upscale lifestyle amenities. ...

Construction & Real Estate

LIV unveils new residential waterfront tower on Dubai Islands

LIV Developers has announced the launch of its new signature residential waterfront tower - LIV Oceanside - on the Dubai Islands. Set for 2027 handover, it features more than 110 residences with a mix of one- to three-bedroom signature apartments. ...