Tag: Property News
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Falling Interest Rates Drive 87% of GCC Investors to Eye UK in 2024
·Select Property is guiding GCC investors and simultaneously bolstering the UK’s status as a cross-border investment hub · 8,000+ UAE students currently study in the UK, up almost 100% from five years ago ·The West Midlands economy is set to grow by AED 46 billion over the next five years ·Birmingham’s rental yields of 6.6-8%…
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MERED unveils new headquarters in Dubai Internet City
Dubai, UAE, 19 August 2024: MERED, an award-winning international real estate developer, has opened its new headquarters within Dubai Internet City, unveiling a 45th-floor office space designed by Pininfarina, an illustrious name in architectural design. The new office, spanning 1,300 sq m, reflects the developer’s continuous growth and evolving design philosophy while incorporating distinctive elements…
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Emaar Development achieves 56% increase in Property Sales for the first half of 2024
· Emaar Development’s sales backlog has increased to AED 74.2 billion (US$ 20.2 billion), to be recognised as revenue in the coming years. · Emaar Development announced the launch of two major developments: The Heights Country Club & Wellness and Grand Polo Club & Resort, spanning over a total 141 million square feet of land, with a…
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Magnom Properties sets new sustainability milestone
Cairo, Egypt; August 7, 2024: Magnom Properties, a subsidiary of Saudi Arabia’s Rawabi Holding, has announced a groundbreaking achievement for its upcoming Forbes International Tower, as it becomes the first tower in the world to officially register for the International Living Future Institute (ILFI) Zero Carbon Certification. The new milestone brings Magnom Properties one step closer…
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MERED expands to Abu Dhabi with prime waterfront property on Al Reem Island
Dubai UAE, 7 August 2024: MERED, the award-winning international premium real estate developer, continues its rapid expansion across the UAE by acquiring a prime waterfront plot in Al Reem Island, Abu Dhabi. This milestone shows MERED’s strategic growth ambitions and commitment to delivering state-of-the-art residential and commercial developments to multiple hubs in the country.The newly…
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Asteco’s Q2 2024 Report Reveals Sustained Growth In the UAE Real Estate Market
Abu Dhabi, 6 August 2024 – According to the Asteco Q2 2024 real estate report, Dubai’s strong economy and attractive lifestyle remain major draws for expatriates. Dubai’s underlying fundamentals are robust, driven by high equity in the real estate market, continued economic growth, infrastructure development and a growing population. The report also highlights that Abu Dhabi’s…
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Elevision Enters UK Market with Royal Wharf Partnership
Dubai, UAE, August 6, 2024: In an exciting move set to elevate the UK’s multifamily property landscape and Digital Out-of-Home (DOOH) advertising industry, Elevision, a leader in Proptech and DOOH media solutions, announces a strategic partnership with renowned international property developer Oxley. This collaboration marks Dubai-based Elevision’s debut in the UK, introducing advanced resident communication…
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Biggest Plot in Business Bay Just Sold through Driven Properties
Dubai, United Arab Emirates, August 5, 2024: Driven Properties, Dubai’s renowned real estate brokerage, announces its successful facilitation of the sale of the largest plot in Business Bay. The sale marks a significant milestone for the area, paving the way for a new, sustainable office park. The premium office park by Lamar Development will serve as…
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Whitewill’s real estate market report reveals continuous buyer interest in Dubai’s off-plan residential sector
The market overview offers key insights into the best areas to buy, sell, and rent in the emirate based on current trends Dubai, UAE, 25 July 2024: Whitewill, the international luxury real estate agency for developers and partners that operates across the UK, USA, and UAE markets, has released its market overview report analysing off-plan…
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Condor unveils Sonate Residences in JVT
DUBAI, July 22, 2024: The Condor Developers, a leading Dubai luxury property provider, today announced the launch of its fourth residential project – Condor Sonate Residences – in Jumeirah Village Triangle (JVT) as part of a portfolio expansion strategy aimed at boosting the group’s realty investment value to over Dh2.5 billion by 2027. Condor Sonate…
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