Category: Developers
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Investcorp set to invest $1bn in GCC real estate over next five years
First real estate investment in the Kingdom of Saudi Arabia in a state-of-the-art warehouse in Dammam $100m-worth of investments in the Kingdom of Saudi Arabia currently under consideration Investcorp’s global warehousing logistics portfolio reaches $4bn Bahrain, 10 January 2023 – Investcorp, a leading global alternative investment firm, announced today that it is planning to invest…
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Danube Properties’ Dh550 million Elitz sold out on day of launch
Marking a record this year for the affordable luxury developer – selling Dh2.5 billion worth of units Elitz takes luxury to the next level adding more than 30+ types of unique facilities including office space at home – for professionals to work from home and have a better work-life balance that boosts productivity Dubai, UAE,…
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Batoka Zambezi Sands: A New Luxury Property In Stunning Zimbabwe
he Batoka Hospitality Group is preparing to open the doors of its magical Zambezi Sands River Lodge in February 2023, offering visitors five-star luxury in the heart of the country’s rich natural landscape. Just one hour from the magnificent Victoria Falls, the newly renovated resort is nestled in the stunning western end of Zambezi National Park and…
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STELLA STAYS FURTHER EXPANDS INTO SAUDI ARABIA, OPENING ITS SECOND TECH-ENABLED RESIDENCE IN RIYADH
Riyadh, 21 December 2022, : Stella Stays, the award-winning, leading proptech company disrupting the global residential real estate sector with its innovative business model and key offering, announces the launch of its second tech-enabled residence in the Kingdom of Saudi Arabia. Winner of the 2022 Gulf Business Award for “Proptech company of the year”, the…
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TECOM Group breaks ground on specialised tech offices at Dubai Internet City
Dubai, UAE, 19 December 2022: TECOM Group PJSC (DFM: TECOM), (the “Company” or the “Group”), has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and investors. The Group is expanding its leasing portfolio to capture…
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MAG PARTNERS WITH COINMENA TO FACILITATE PROPERTY TRANSACTIONS USING CRYPTOCURRENCY
Dubai, 15 December 2022: MAG, the leading real estate developer in the UAE, has signed an agreement with CoinMENA, a leading crypto asset service provider in the Middle East and North Africa (MENA), to facilitate real estate purchases using cryptocurrencies and further accelerate the growth of Dubai’s new economy. Under this agreement, the developer will…
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ZāZEN Properties launches ZāZEN Gardens to continue fostering sustainable real estate in the UAE
Dubai, UAE – 9 December 2022: ZāZEN Properties, a leading sustainable property developer in the UAE, has officially launched sales for its newest project, ZāZEN Gardens. This LEED-Gold-certified development in Al Furjan is currently under construction and sales are expected to follow a similar trajectory to that of ZāZEN One, the homegrown brand’s flagship project which was completed…
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Ellington Properties begins handover of Belgravia Heights in Jumeirah Village Circle
Dubai, UAE; December 8, 2022: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, has begun the handover of its Belgravia Heights project in Jumeirah Village Circle (JVC). The handover marks the completion of Ellington Properties second project in recent months, having initiated the handover process of its Harrington House project in early November. Located in…
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B1 PROPERTIES SELLS SIX LUXURY VILLAS IN FOUR MONTHS, WITH A CUMULATIVE VALUE OF OVER AED 680 MILLION
Dubai, United Arab Emirates, 08, December 2022: B1 Properties is thrilled to announce its record-breaking season with notable villa sales across Palm Jumeirah. The luxury real estate brokerage is known for its highly curated portfolio of the Middle East’s most sought-after properties. Since launching in 2021, B1 Properties has quickly earned its position as the leader…
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Sale of AED 90.1 million luxury mansion home at Lanai Islands in Tilal Al Ghaf
Dubai, 6 December 2022 – The sale of a luxury mansion home for AED 90.1 million at Lanai Islands in Tilal Al Ghaf stands as a new benchmark for Majid Al Futtaim Communities, part of Majid Al Futtaim Properties. The sale, brokered by leading independent real estate consultancy Knight Frank, is the highest value transaction…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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