Tag: real estate

Construction & Real Estate

Sobha Realty seals home finance deal with Rakbank

Sobha Realty, a leading luxury real estate developer, has signed an agreement with the National Bank of Ras Al Khaimah (Rakbank) to provide home financing solutions to eligible buyers of its ready and selected off-plan residential properties across Dubai and Abu Dhabi. ...

Construction & Real Estate

Hamad Bin Saedan, Blominvest plan Riyadh logistics fund

Hamad Mohammed Bin Saedan Real Estate said it has signed a deal with Bloom Investment Saudi to establish a real estate investment fund focused on warehouses in Riyadh. The new 'HS Logistics Fund' will aim to acquire prime plots spanning about 130,276 sq m in the Saudi capital for these logistics projects....

Construction & Real Estate

Richmind achieves key construction milestone at RAK waterfront project

Richmind, a UAE-focused real estate developer, has announced that it has reached a significant new milestone in the development of Oystra, its landmark luxury waterfront project on Al Marjan Island in Ras Al Khaimah, completing the shoring works as construction continues to advance. ...

Construction & Real Estate

Oman expo sees over $1.4bn deals in tourism, real estate and housing

Agreements worth more than RO550 million ($1.43 billion) were sealed at the Urban, Home & Building Expo and Conference in Oman covering some of the leading sectors including tourism, real estate, food security and housing, said a report....

Construction & Real Estate

S&P assesses impact of Middle East war on Dubai property market

Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one, according to S&P Global Ratings. ...

Construction & Real Estate

Dubai off-plan sales remain robust as Q3 transactions hit $25.3bn

The Dubai real estate market recorded 37,429 sales transactions worth AED92.9 billion ($25.3 billion) in Q3 as primary sales from developers continued to outpace resales, and the rental sector remained on track to set an all-time record, said a report, adding Dubai South lead the off-plan sales for seventh consecutive month. ...

Construction & Real Estate

AW Rostamani unveils refreshed brand identity for its real estate unit

AW Rostamani Group (AWR Group) has unveiled a refreshed brand identity for its real estate arm AWR Properties, marking a new chapter focused on purposeful growth, signalling the next phase in the evolution of one of the UAE's longest-established real estate owners and operators....

Construction & Real Estate

Al Othaim unveils $4.3bn Saudi real estate investment plans

Saudi-based Abdullah Al Othaim Investment Company has launched a dedicated real estate development arm, Al Othaim Developments, with plans to invest over SAR16 billion ($4.27 billion) in about 10 projects comprising 8,000 residential units across several Saudi cities over the next two years. ...

Construction & Real Estate

Student, senior living key drivers of GCC real estate growth, says expert

Student accommodation and senior living are key to shaping the GCC’s real estate sector over the next decade - in addition to other concepts like serviced living, co-living, private clubs and shared ownership, according to leading real estate advisory and property consultancy, Cavendish Maxwell. ...

Construction & Real Estate

NBB expands Bahrain real estate partnerships with two new deals

The National Bank of Bahrain (NBB) has signed agreements with Union Real Estate and Effects Real Estate to expand its partnerships with property developers and offer prospective homebuyers in the kingdom access to residential projects and financing options. ...

Construction & Real Estate

Dubai records 335 sales of $10m+ homes in first eight months, says report

Dubai's real estate sector recorded 335 sales of residences valued at over $10 million in the first eight months of 2026, underlining the city’s position as one of the world’s top luxury residential markets, said a report. Palm Jumeirah retained its position as a hot favourite for high-end property investors. ...

Construction & Real Estate

Diyar Al Muharraq to unveil new residential plots at Bahrain expo

Diyar Al Muharraq, a leading real estate development company in Bahrain, will be showcasing its new selection of residential plots across the kingdom at the second edition of the 'Innovation Summit in the Social Housing Sector 2026' event which opens this week in capital Manama. ...

Construction & Real Estate

Ohana breaks ground on $4bn Manchester City Yas Residences

Ohana Development, a leading UAE real estate developer, has officially broken ground on Manchester City Yas Residences by Ohana, its AED15 billion ($4.08 billion) gated waterfront community located on Yas Canal in Abu Dhabi....

Construction & Real Estate

Patrizia names top executive to lead Middle East operations

Patrizia, a leading European real estate and infrastructure investment manager, has appointed Hassan Awada as the senior executive officer for Middle East and North Africa region. Awada brings over 20 years of experience advising institutional investors across the full investment lifecycle. ...

Construction & Real Estate

Dubai sees summer shift as tenants switch homes for lower rents

The Dubai real estate market has witnessed a clear shift during the summer months as hundreds of tenants moved home to take advantage of new leases reducing annual rents by up to 15%. The new leases exceeded renewals by 2,139 contracts in August, said a new report. ...

Construction & Real Estate

ROSHN Group offers real estate opportunities for foreign investors

ROSHN Group, Saudi Arabia’s leading master developer and a PIF company, is supporting a new chapter for international participation in the Saudi real estate market, as the Kingdom’s regulations governing non-Saudi property ownership create new opportunities for eligible international buyers and investors....

Construction & Real Estate

Dubai records $29.3bn in completed real estate projects in H1

Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report. ...

Construction & Real Estate

Second phase of $395m Radisson Residences Al Reem Island unveiled

UAE-based Royal Development, a subsidiary of Emirates Stallions Group, has announced the launch of Phase Two of AED1.45 billion ($395 million) Radisson Residences Al Reem Island in Abu Dhabi, introducing its third tower, which features 437 furnished branded homes with a mix of studios and one- to two-bedroom apartments. ...

Construction & Real Estate

Qatar eyes $61 billion infrastructure, real estate investments

Qatar is expected to award about $38.5 billion in new infrastructure projects over the next five years, including public-private partnerships, with the country setting up a dedicated platform to manage and grow its wealth fund’s domestic portfolio worth hundreds of billions of dollars....