Real estate outlook positive in Dubai and Saudi Arabia

The real estate markets of Dubai and Saudi Arabia are poised for further growth in 2023, mainly driven by the spurt in...

Construction

RAK Properties awards main contract for residential project to Gulf Contracting

Gulf Contracting has been awarded the main contract for the construction of the second phase of the Marbella Villas project by RAK...

Property

Metropolitan Premium Properties closes sale of $24.6mn Tilal Al Ghaf villa

Metropolitan Premium Properties (MPP) has closed the biggest single unit transaction in its history – a US $24.6mn sale of a prime...

Property

New Aldar master project announced on Saadiyat Island

Abu Dhabi developer Aldar Properties has announced the launch of its boutique residential project, Manarat Living, in Abu Dhabi’s cultural district on...

Construction

Handover of Bloom Holding’s Aldhay now under way

UAE real estate developer Bloom Holding has announced that it has begun the handover of its 181-unit residential project, Aldhay - the...

Property

Aldar Properties forms JV with Dubai Holding to enter Dubai market

Aldar Properties has signed an agreement with Dubai Holding to set up a joint venture (JV) entity for developing new living experiences...

Construction

Azizi’s Park Avenue II set for Q2 handover

UAE-based Azizi Developments has announced that work is rapidly progressing on its premium project, Park Avenue II, a residential community in Mohammed...

Property

Arada reports 46% rise in sales in 2022 to reach US $955.5mn

Arada has reported a 46% rise in sales during 2022 to US $955.5mn off the back of a surge in the UAE...

Construction

Azizi Park Avenue I project 58% complete

UAE-based Azizi Developments has announced that 58% of construction works has been completed on its premium off-plan project Park Avenue I, located...