Category: The Real Estate World
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JLL has appointed a new Country Head
Riyadh, Kingdom of Saudi Arabia – 5 September 2022: JLL, a leading professional services firm specialized in real estate, investment management, and development consultancy services, has appointed Saud Mohammed Alsulaimani as its Country Head in the Kingdom of Saudi Arabia. This move will see Saud expanding and strengthening JLL’s presence in the country as a…
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Field Management Platform for Construction and Real Estate PlanRadar Launches in the UAE
Dubai, UAE, 5 September 2022: PlanRadar, Europe’s leading field management platform for documentation, task management and communication in construction and real estate projects, has recently announced its launch in the UAE. The establishment of a regional headquarters in Dubai will support the further expansion throughout the entire MENA region. The platform digitises all daily processes…
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Roha Realty announces entry into Dubai market
Real estate sector in India is expected to reach US$1 trillion in market size by 2030, up from US$200 billion in 2021; Real estate sector is expected to contribute 13 percent to the country’s GDP by 2025; Between July 2021 and September 2021, a total of 55,907 new housing units were sold in the eight…
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Azizi Developments celebrates first handovers in Riviera, MBR City
Dubai, United Arab Emirates, 24 August 2022: Azizi Developments, a leading private developer in the UAE, is celebrating the inauguration of buildings 2, 4, 7, 11, 12, 13 and 14, comprising 1,164 units, in the first phase of its flagship waterfront community project Riviera in MBR City, with the ribbon cutting ceremonies welcoming the developers’…
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Wyndham Continues Expansion in Qatar with Beachfront Property in Doha
17 August 2022 – Wyndham Hotels & Resorts, which features approximately 9,000 hotels across nearly 95 countries, continues to strengthen its presence across the Middle East with the opening of the 278-key Wyndham Grand Doha West Bay Beach in Doha, Qatar. The managed hotel opens in collaboration with leading regional hospitality development entity, Hala Real…
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Nakheel challenges staff to take 100 Million Steps
Dubai, 16 August 2022: Master developer Nakheel is prioritising staff health and taking fitness indoors to escape the heat, with the Nakheel 100 Million Steps Challenge. In partnership with fitness app STEPPI, staff will aim to take a total of 100 million steps, from 1 August until 31 October, through mini office challenges, indoor group…
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Husqvarna Construction partners with AABTools
Dubai, United Arab Emirates, August 16, 2022 – Husqvarna Construction, part of Husqvarna Group, that offers extensive, innovative and powerful range of machinery and tools for the construction industry professionals, has signed a strategic agreement with AABTools, a leading supplier of industrial tools and equipment in the region. AABTools will act as an authorized distributor…
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Personal AI is on the Way of Revolutionizing the Residential Real Estate Market
Dubai, Aug 2022, Property News: In the last decade the MENA region has proved to be one of the world’s most lucrative fields for the deployment of AI technologies. Realiste, a leading AI developer in the real estate market has finally launched in the Middle East, changing the real-estate and housing landscape using the latest…
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Markaz real estate outlook reports for KSA and UAE forecast sector acceleration in H2 2022
Kuwait, Property News July 17, 2022: Kuwait Financial Centre “Markaz” Buoyed by strong macroeconomic fundamentals, the real estate sector in GCC economies is on a solid trajectory to witness acceleration in the second half of the year, according to the ‘Real Estate H2 2022 Outlook’ reports for the UAE and Saudi Arabia issued recently by…
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ARABIAN CENTRES ADOPTS FAIR VALUE MODEL, INCREASES NET ASSETS BY SAR 10.5 BILLION
Dubai, Property News: Arabian Centres Company “ACC”, the largest owner, developer and operator of contemporary lifestyle centres in Saudi Arabia, announced that its Board of Directors has approved on 29 June 2022 the adoption of the fair value model “FMV” to measure its real-estate and investment properties. The expected financial impact of which will increase the value of…
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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