Arada successfully closes $50mn second tap of sukuk

Sharjah-based developer Arada has successfully closed a $50mn second tap of its existing $450mn sukuk, which was issued last June and listed...

Industry News

Yas Holding launches property development arm, Taraf

Investment company Yas Holding has launched a real estate division that aims to ‘bring a new standard of luxury, high-quality and uniquely...

Construction

Bloom appoints main contractor for Phase One of Bloom Living

Real estate developer Bloom Holding has named Emirates Link Maltauro as the main contractor for construction works of Phase One of its...

Property

Samana to invest $680mn into 12 new projects in 2023

Samana Developers intends to launch 12 new projects in 2023 at a total investment of US $680mn. The Dubai-based developer said the...

Property

MAG launches four ultra-luxury Dubai mansions

Following the successful launch of eight of the 12 mansions at The Ritz-Carlton Residences, Creekside, Dubai developer MAG has announced the release...

Property

Azizi to deliver 11,000 units in Dubai in 2023

UAE-based Azizi Developments has said that by the end of 2022, it sold more than 6,000 units, worth US $1.52bn, and is...

Property

Omniyat inaugurates ORLA on Palm Jumeirah

Developer Omniyat has inaugurated the ORLA, Dorchester Collection in Dubai, which is situated on a beachfront plot at the apex of Palm...

Property

Sobha Realty unveils new interconnected tower development in Dubai

Developer Sobha Realty has announced a new residential development in Dubai. ‘Sobha One’ is said to comprise five interconnected towers offering waterfront...

Financial

JODC registers 407% increase in revenue in Q3 2022

Saudi-based developer Jabal Omar Development Company (JODC), the master developer of the massive Jabal Omar mixed-use project in Makkah, has announced its...