Azizi Developments says it is making rapid progress on Park Avenue residential community

Developer Azizi Developments said that it has made rapid progress across its three premium off-plan projects: Park Avenue I, II and III,...

Property

Union Properties sees net profit for Q2 2022 after healthy performance from subsidiaries

Developer Union Properties has announced its consolidated financial results for the three-month period ended 30 June 2022, with the company seeing a...

Construction

Dar Al Arkan eyes aggressive regional and international expansion

By any measure, the year 2022 has been a mammoth one for Dar Al Arkan, the Saudi Arabian real estate developer. The...

Construction

KSA’s Arriyadh Development Company sees 60% decrease in net profits for Q2 2022

Saudi Arabia’s Arriyadh Development Company said that it has achieved a net profit of $15.28mn during the second quarter of 2022, a...

Property

Asteco reports positive Q2 2022 real estate performance in Dubai

According to Asteco’s Q2 2022 UAE Real Estate Report, the country's real estate market remained strong during Q2, despite global headwinds and...

Property

Aldar to acquire four towers in deal worth $1.7bn

Four prime Grade A commercial towers in the Abu Dhabi Global Market (ADGM), which is located on Al Maryah Island, will be...

Construction

LaSalle Investment Management files plans for new $200mn commercial tower

A US $200mn commercial tower is to take shape above Melbourne’s heritage-listed Comedy Theatre. The project is being led by LaSalle Investment...

Property

Abu Dhabi real estate market saw over $6bn in transactions in H1, 2022

According to the Department of Municipalities and Transport (DMT), in H1 the Abu Dhabi real estate market recorded 7,474 property transactions totaling...