Construction & Real Estate

Aldar completes Abu Dhabi’s first off-plan mortgage under new ADREC framework

Aldar has become the first in Abu Dhabi to complete mortgage financing on an off-plan property for its customers through Abu Dhabi Real Estate Centre’s newly launched framework that enables the financing bank to be named on the mortgage registration certificate before property handover....

Construction & Real Estate

Oman's real estate transactions soar to $3bn in first five months

The value of real estate transactions in Oman rose 5.5% in the first five months of 2026 from a year earlier, driven by higher mortgage activity and a modest increase in property sales, said a report. The total value of real estate traded in the sultanate soared to hit RO1.18 billion ($3.05 billion) by the end of May. ...

Construction & Real Estate

Sobha Realty seals home financing agreement with NBQ

Sobha Realty, a leading luxury real-estate developer globally, has announced that it has signed an agreement with National Bank of Umm Al Qaiwain (NBQ) to provide preferential mortgage and financing solutions for customers purchasing off-plan residential units across its developments. ...

Construction & Real Estate

Ora Developers shifts to AI-driven mortgage ecosystem with Yubi deal

Ora Developers, a premier name in luxury real estate, has signed an agreement with Yubi, a global fintech unicorn, in a move that marks a significant shift in the UAE real estate market, moving from traditional manual financing to a hi-tech, AI-driven mortgage ecosystem. ...

Construction & Real Estate

Ajman registers real estate transactions worth $2.21bn in Q3

Ajman’s Department of Land and Real Estate Regulation said 5,048 real estate transactions were registered during the third quarter of 2025, with a total value exceeding AED8.12 billion ($2.21 billion), marking a 47% growth compared to the same period last year....