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...

Property

DAMAC launches new luxury tower in collaboration with Zuhair Murad

Developer DAMAC Properties has announced the launch of a new luxury property, the 25-storey Elegance Tower in Downtown Dubai. In a statement,...

Financial

Nakheel secures $4.6bn in strategic financing

UAE-based developer Nakheel has secured US $4.6bn in strategic financing – refinancing an initial $3bn and agreeing additional funds of $1.63bn –...

Financial

RAK Properties delivers buoyant results in Q3

RAK Properties has announced that it earned US $7.5mn net profit during the third quarter of 2022, while revenues climbed to $78.84mn,...

Construction

Ellington starts handover of Harrington House residential project

Dubai-based developer Ellington Properties has begun the handover of its Harrington House project in Jumeirah Village Circle (JVC). Harrington House features 92...