December 4, 2023

High Demand for Lusail Apartments in Qatar: Q3 2023 Real Estate Insights

High Demand for Lusail Apartments in Qatar: Q3 2023 Real Estate Insights

In the third quarter of 2023, Qatar's real estate landscape has witnessed a surge in demand for apartments in the vibrant district of Lusail, marking a significant turnaround from the second quarter's dip in rental rates. According to Cushman & Wakefield's quarterly report, a combination of reduced rent and enticing rent-free incentives has contributed to the increased demand for apartments in both The...

Major Construction Contract Awarded to China State Construction Engineering Corporation for Dubai's The Island Project

Major Construction Contract Awarded to China State Construction Engineering Corporation for Dubai’s The Island Project

The Beijing-based China State Construction Engineering Corporation has been given the estimated AED4.4 billion ($1.2 billion) contract by local developer Wasl to construct the Dubai project The Island. Properties for Sale in Dubai : Click Here An important milestone for Dubai is the contract award. As per the regional projects tracker MEED Projects, this is the biggest construction deal in the...

Citizen Housing Benefits Worth $2.1 Billion Announced by Abu Dhabi on the 52nd Union Day

Citizen Housing Benefits Worth $2.1 Billion Announced by Abu Dhabi on the 52nd Union Day

In commemoration of the UAE's 52nd Union Day, Abu Dhabi has unveiled a substantial housing benefits package totaling AED 7.6 billion ($2.1 billion). This initiative, aligned with the vision of the wise leadership, reflects the continuous commitment to fulfilling citizens' aspirations and ensuring a decent life alongside family and social stability. Visit The Properties for Sale in Dubai : Click...

The UAE’s Aldar Properties has acquired London Square, its first deal outside the Middle East

Aldar Properties Achieves Milestone with Acquisition of London Square, Expanding Global Footprint

In a landmark move, Aldar Properties, the leading UAE developer, has successfully completed the acquisition of London Square, a prominent UK developer, marking its second significant foreign venture. This Dh1.07 billion deal (equivalent to 230 million pounds) underscores Aldar's commitment to accelerating growth, diversifying revenue streams, and seizing cross-selling opportunities. Visit The Properties...

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