Tag: REAL ESTATE

Construction & Real Estate

GFH emerges sole bidder for Bahrain National Stadium Revamp project

GFH Financial Group, a leading Bahraini group with interests in asset management and real estate sectors, has emerged as the sole bidder for the development and operation of the kingdom’s iconic Bahrain National Stadium located within Shaikh Isa Sports City in North Riffa....

Construction & Real Estate

Emaar Properties H1 net profit before tax up 23% to $3.5bn

Emaar Properties delivered a resilient performance during the first half of 2026, with revenue up 21% to AED23.9 billion ($6.5 billion), EBITDA up 24% to AED12.9 billion ($3.5 billion), and net profit before tax up 23% to AED12.8 billion ($3.5 billion). ...

Construction & Real Estate

Sharjah's real estate transactions in July jump 62pc to $1.9bn

Real estate transactions in Sharjah rose 61.8% in July from previous month to AED7 billion ($1.91 billion) with the number of deals up 25% hitting 9,376, said a report. The sales transactions covered 27.2 million sq ft in July, reflecting continued activity in the emirate's property market....

Construction & Real Estate

LMD completes handover of 205-unit Dubai Marina residential tower

LMD, an international real estate developer with major presence in the UAE, Egypt, Spain and Greece, has completed the handover of Marina Living, its 20-storey residential tower in Dubai Marina comprising 205 apartments with a mix of one- and two-bedroom apartments. ...

Construction & Real Estate

Hamad Mohammed Bin Saedan awards contract for prime Riyadh residences

Saudi-based Hamad Mohammed Bin Saedan Real Estate has announced that it has awarded the construction contract for its prime project - HS Residences 2 - in Al Arid District in Riyadh. Spanning 6,030 sqm area, it features 60 modern residential units along with key amenities....

Construction & Real Estate

Dar Al Majdiah in deal to develop two Makkah residential towers

Saudi Arabia's Dar Al Majdiah Real Estate Company has entered into a deal with Alistithmar Real Estate Fund 9 to develop two residential towers at the Masar Destination in Makkah. The entire work will be completed within a 30-month period....

Construction & Real Estate

Saudi non-oil economy powers next phase of real estate growth

The Kingdom of Saudi Arabia remains one of the world's most active real estate development markets, supported by robust non-oil economic growth, regulatory reforms and a multi-billion-dollar pipeline of infrastructure and property developments, said a leading property expert. ...

Construction & Real Estate

Wellness should become new baseline for new luxury homes, says Dubai developer

Dubai’s luxury real estate developers must treat wellness as the new baseline for how homes are designed and built, as global demand grows for healthier living environments. The next phase for the industry is collaboration rather than competition, said a leading UAE developer. ...

Construction & Real Estate

Numbers that tell why Dubai remains one of World’s strongest real estate markets

Dubai’s real estate market continued to consolidate its position among the strongest property markets worldwide in 2026, supported by a comprehensive range of economic and investment indicators reflecting strong demand, high liquidity, sustained capital inflows and an increasingly advanced regulatory and digital ecosystem, according to W Capital Real Estate Brokerage....

Construction & Real Estate

Oman's real estate deal value in H1 soars to $3.7bn

Oman's real estate transaction value surged by 5.4% year-on-year to hit RO1.434 billion ($3.7 billion) for the first six months of 2026, mainly driven by higher sales activity, reported ONA, citing data from the National Centre for Statistics and Information (NCSI) showed....

Construction & Real Estate

Saudi residential property transactions down 21pc in Q2

Saudi Arabia's real estate transaction volumes edged higher in the second quarter from the previous three months, although activity remained weak compared to Q1, said a report. The residential deal volumes fell 21% over last year led by declines in Riyadh, Jeddah and Madinah. ...

Construction & Real Estate

Alef sells out first phase of $1.1bn Sharjah waterfront development

UAE-based Alef Group has announced the successful sell-out of Phase One of Linar, a AED4 billion ($1.1 billion) waterfront residential development in Al Mamzar comprising Towers A, B and C. Following exceptionally strong demand, Alef has now released Towers D and E for sale. ...

Construction & Real Estate

Dubai South signs mortgage partnership deal with Emirates NBD

Dubai South Properties has entered into a strategic partnership with leading regional bank Emirates NBD to offer tailored off-plan mortgage solutions to its customers looking to buy freehold real estate projects within the mega urban master development Dubai South....

Construction & Real Estate

Sobha Realty set to deliver more than 6,800 units this year

Sobha Realty, a leading global luxury real estate developer in UAE, has announced plans to deliver more than 6,800 units across Dubai this year, representing a total sales value of AED21.6 billion ($5.8 billion). The handover pipeline represents its largest annual delivery to date. ...

Construction & Real Estate

Abu Dhabi real estate deals in H1 more than doubles to $32bn

Abu Dhabi's real estate transactions more than doubled in value during the first half to hit AED117 billion ($32 billion) mainly driven by strong growth in property sales and foreign investment, said a report. The total number of property deals for the period surged by 61.7% to 25,714. ...

Construction & Real Estate

Residential construction embraces high-performance homes amid sustainability push

Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert....

Construction & Real Estate

Saudi PIF, I Squared Capital sign $2bn infrastructure deal

Saudi sovereign wealth fund PIF said it has signed an agreement with infrastructure investor I Squared Capital to explore the deployment of up to $2 billion in real estate and infrastructure assets owned by the sovereign wealth fund and its portfolio companies. ...