Category: Developers
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DAMAC Hills 2 Community Emerges as One of the Highest Transacted in the UAE
Off-plan apartments registered and averaged a robust growth of 16% in price per square foot from 2021 to end of 2023 Data from the Dubai Land Department (DLD) has revealed compelling insights, placing units in DAMAC Hills 2 as one of the highest transacted in the UAE. Spread across a 55 million sq. ft area, this master…
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U By Emaar Announces International Expansion with Prestigious New Venue at Address Jabal Omar Makkah, KSA
· U By Emaar announces its expansion into Makkah, featuring luxurious experiences at Address Jabal Omar Makkah. · The expansion enhances global member benefits, offering exclusive rewards across Emaar’s portfolio. · Address Jabal Omar Makkah to provide a unique blend of luxury and spiritual experiences for U By Emaar members. · This move signifies U By Emaar’s commitment to…
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MERED hosts brokers’ event to unveil name of flagship project: ICONIC, an upscale residential living
Dubai UAE, 3rd January 2024 – MERED, the award-winning international real estate developer, hosted an exclusive event that brought together numerous brokers for a session filled with networking opportunities and insightful discussions on the high-end property sector in the UAE. At the event, MERED proudly revealed the name of its much-anticipated flagship project, the “ICONIC”…
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Deyaar, Arady Properties, ink agreement for new residential project in Abu Dhabi
Dubai, UAE; 21 December 2023: Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties – PSC, an Abu Dhabi-based real estate company, have signed a Memorandum of Understanding with an aim to establish a joint development project at Al Reem Island in Abu…
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Dar Al Arkan launches Elie Saab’s first branded villas in Riyadh, the most exclusive villas in Sedra by Roshn
Riyadh, Saudi Arabia; November 27, 2023: Dar Al Arkan, the leading real estate company in Saudi Arabia, today announced the launch of Etoile by Elie Saab, paving the way for the renowned designer’s first branded residence in the Kingdom. For the first time in Saudi Arabia, the iconic flair and elegance of Elie Saab can be…
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Nakheel launches Rixos Phase II Beach Residences of its luxury waterfront development on Dubai Islands
Dubai, UAE; 15 November 2023: Nakheel, the world-leading real estate master developer, in partnership with Excelsior Real Estate LLC, has launched Phase II Beach Residences of its recently unveiled waterfront development Rixos Dubai Islands, Hotel & Residences. Rixos Dubai Islands, Hotel & Residences will offer residents a resort lifestyle in a relaxed, curated waterfront setting of…
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Meydan Group appoints contractor for Opal Gardens, District 11, Mohammed Bin Rashid Al Maktoum City
Dubai, UAE: Meydan Group, the world-leading real estate master developer, has appointed a contractor for the construction of Opal Gardens, located within District 11, Mohammed Bin Rashid al Maktoum City, a luxurious gated community in the heart of Dubai, launched by Meydan. The construction contract has been awarded to Parkway International Contracting (L.L.C). Parkway International Contracting…
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Azizi Developments’ Park Avenue III on track for Q4 2023 completion, currently at 67%
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced that Park Avenue Ill, part of the prestigious Park Avenue project located in the highly sought-after MBR City, has reached 67% completion and is on track for its scheduled Q4 2023 completion. Comprising 372 homes and 29 retail units within…
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Construction of villas in first phase 1-month ahead of schedule
Construction of villas in first phase 1-month ahead of scheduleWith a total gross floor area (GFA) of 2.3 million sq. m the community will feature more than 9,000 villas Dubai, United Arab Emirates, 23 October 2023: UAE’s leading luxury real estate developer DAMAC Properties has announced progress milestones at its third master development, DAMAC Lagoons,…
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DAMAC Properties Awards Key Contract for Safa One de GRISOGONO
Dubai, United Arab Emirates, 17 October 2023 – Leading luxury real estate developer in the UAE, DAMAC Properties has announced the awarding of the main works package for its much-anticipated Safa One de GRISOGONO project. United Engineering Construction Co. LLC (UNEC) has been entrusted with the main works package for the Safa One development, for…
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