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Tag: real estate

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

DLD launches unified platform for project, real estate deal registration

Dubai Land Department (DLD) has announced the launch of ‘Initial Registration,’ a unified platform to streamline the developer journey and integrate project registration as well as real estate transaction registration and escrow account management. ...

Construction & Real Estate

Flow expands into UAE with DIFC commercial licence

Flow, a global operator of branded residential real estate, has announced its expansion into the UAE after it was issued a Commercial Licence by the Dubai International Financial Centre (DIFC)....

Construction & Real Estate

Market uncertainty 'creates long-term investment opportunities in Dubai real estate'

Periods of market uncertainty have historically created some of the strongest long-term investment opportunities in Dubai's real estate market, according to Nisus Finance, which believes the UAE's strong macro-economic fundamentals, resilient regulatory environment and sustained population growth continue to support long-term investor confidence....

Construction & Real Estate

Dubai sees 37.4% rise in licensed buildings in H1

Dubai saw a 37.4% year-on-year increase during the first half of this year in the number of licensed buildings, reflecting continued momentum in urban development and sustained confidence in Dubai’s real estate market, according to Arabian Gulf Properties....

Construction & Real Estate

Cityscape Global 2026 to spotlight Saudi property boom

Saudi Arabia’s booming real estate market is set to take centre stage in Riyadh this November as Cityscape Global 2026 brings developers, investors and policymakers from around the world together to explore opportunities emerging from the kingdom’s ambitious urban transformation....

Construction & Real Estate

UAE's PropTech sector to hit $1.6bn by 2032, says report

UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report. ...

Construction & Real Estate

Sports Boulevard Foundation in deal to set up real estate investment fund

The Sports Boulevard Foundation has signed contracts with Saudi-based Rikaz Properties to establish the third real estate investment fund with a combined value of more than $186 million that will aim to develop key assets within Urban Wadi in the city of Riyadh.​...

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....

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