Author: Property News
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The St. Regis Riyadh Awarded Best New Business Hotel by Business Traveller Middle East 2024 Awards
Dubai, United Arab Emirates, June 2024 – The St. Regis Riyadh is proud to announce that it has been honored with the prestigious ‘Best New Business Hotel’ award by the Business Traveller Middle East 2024 awards. This recognition underscores the hotel’s unwavering commitment to delivering unparalleled luxury, exceptional service, and a world-class business environment. The…
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Mohammad Ghaleb Jaber: The Growth of Real Estate in Ajman is an Opportunity for Investors
Ajman Attracts Real Estate Investors from Around the World In recent years, the Emirate of Ajman has witnessed significant real estate growth, making it one of the most attractive investment destinations in the United Arab Emirates. This rapid growth reflects a comprehensive strategy implemented by the government to enhance various economic sectors and improve the…
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SOHO Development and Devmark announces The Berkeley Residences, where sophistication meets park front living in Dubai Hills
SOHO Development, a design-led residential real estate developer, is excited to announce its latest project, ‘The Berkeley.’ Positioned as Dubai Hills Estate’s first fully-furnished, hospitality-inspired residence, The Berkeley is set to offer unique parkfront living in one of the most sought-after communities. The UAE’s leading real estate project sales and marketing consultancy, Devmark, has been appointed as…
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As part of ‘Dubai Real Estate Brokers programme’: Dubai Land Department partners with Danube Properties to Empower National Brokers
Dubai, UAE, June 11, 2024 – Danube Properties is working alongside the Dubai Land Department (DLD) for the latter’s groundbreaking initiative ‘Dubai Real Estate Brokers Programme’. This partnership aims to bolster the onboarding of new UAE national brokers into the vibrant real estate community and strengthen Emiratisation within the industry.His Excellency Eng. Marwan bin Ghalita,…
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Arada returns to global debt markets with successful closure of 3.5 times oversubscribed $400 million Sukuk
Dubai, United Arab Emirates: 12 June 2024 – Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of its second public financing deal, a $400 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. This is the first issuance under Arada’s newly…
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US$ 796.8 million of global private capital takes aim at Abu Dhabi and RAK property markets
Dubai, 10 June 2024: High-net-worth-individuals (HNWI) around the world are prepared to spend US$ 408.3 million on residential real estate in Abu Dhabi and a further US$ 388.5 million in Ras Al Khaimah, according to global property consultancy, Knight Frank’s second annual 2024 Destination Dubai report. Knight Frank has surveyed 317 HNWI – 217 around the world and…
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Discovery Dunes provides members-only premium residential community amidst soaring UAE luxury market
Dubai, UAE, 10 June 2024 – The overall UAE real estate market spearheaded by its luxury sector has been experiencing a constant growth in recent years due to several contributing factors such as strong foreign investment, rising demand for luxury homes and good return on investment opportunities, just to name a few. Additionally, the increase in…
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Snowflake Doubles Down on Developers with End-to-End Capabilities for Building Enterprise-Grade Pipelines, Models, and AI-Powered Apps
New innovations including Snowflake Notebooks, Snowflake Trail, DevOps tools, and more accelerate end-to-end development for builders, all from Snowflake’s unified platform Dubai, United Arab Emirates – June 7th, 2024 – Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2024, new tools and innovations that accelerate how…
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Empowering Tomorrow’s Workforce: YSpot Hosts Impactful Event on Youth Integration into the Workforce and Emiratisation
The informative event illuminates strategies for tackling and integrating youth into the workforce and advancing Emiratisation, featuring speakers from esteemed organizations. Dubai, United Arab Emirates, June 2024 – YSpot, the unique and forward-thinking AI-powered integrated platform designed to revolutionize connectivity between youth and organizations, successfully hosted a groundbreaking event on May 14, 2024, themed “Future-proofing your…
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Arada awards AED1.48 billion contracts to build the final two phases of Sharjah’s woodland megaproject, Masaar
Sharjah, United Arab Emirates: 6 June 2024: Arada has awarded two contracts valued at AED1.48 billion for the construction of Sequoia and Saro, the final two phases of Masaar, the AED9.5 billion woodland megaproject in the Suyoh district of Sharjah. Valued at AED650 million, the Sequoia contract to build 428 homes has been awarded to Pivot…

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