MCRE achieves record Q3 result of over $136mn in sales in Abu Dhabi property market

Metropolitan Capital Real Estate (MCRE) said it registered over $136mn in sales for Q3 2022 in the Abu Dhabi property market, making...

Financial

Union Properties announces completion of $162mn debt restructure

Union Properties has announced the successful completion of a US $162mn debt restructuring, which includes the repayment of $60.7mn to lenders, as...

Industry News

Andrew Elliott appointed to lead new commercial division at Chestertons

Real estate services firm Chestertons has appointed Andrew Elliott to lead its new commercial office, retail and industrial sales and leasing division....

Property

Sharjah Sustainable City launches third phase

Phase Three of Sharjah Sustainable City comprising 324 villas has been launched following “overwhelming response to its fully sold out first two...

Property

DAMAC Properties launches CHIC Tower in Business Bay, Dubai

Developer DAMAC Properties has unveiled CHIC Tower, a 41-storey tower designed to instil wellness and healthy living in a luxury setting, complemented...

Property

Select Group launches final development at Peninsula waterfront master community

Select Group has announced the launch of its final development at its waterfront master community, Peninsula. In a statement, the Dubai-based developer...

Property

Dar Al Arkan showcases world’s first Pagani apartments

Saudi Arabia’s Dar Al Arkan Global and Italian hypercar manufacturer Pagani Automobili have unveiled the first apartment in the hi-tech DaVinci tower,...

Property

Prime residential values in Dubai up by 88.8% says Knight Frank

Analysis by Knight Frank has revealed that prime residential values in Dubai have risen by 88.8% in the last 12 months. The...

Property

Savills reveals top second home locations with emphasis on wellness

Savills has said that increased emphasis on lifestyle has led property buyers to ask for greater indoor and outdoor space, and focus...

Property

JLL signs agreement with Qatar real estate brokerage to boost property investments

JLL has inked a deal with Qatar-based real estate brokerage NelsonPark Property. The partnership is expected to promote residential property transactions in...