In a significant development, the Ras Al Khaimah government has elevated its ownership of RAK Properties from 5% to 34%, marking a strategic move to bolster the emirate's top real estate player. During the company’s annual general meeting on March 20, shareholders approved a substantial capital increase through the issuance of 920 million new shares, each with a nominal value...

Abu Dhabi is set to embark on a monumental endeavor, with plans underway to construct a housing project valued at AED 3.5 billion ($953 million) to accommodate over a thousand UAE citizens. Read this also : Completion of First 920 Homes Marks Milestone in Sharjah’s Aljada Megaproject by Arada Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, also the Chairman of the Abu Dhabi Executive...

Arada, a leading developer, has achieved a significant milestone in the AED35 billion ($9.53 billion) Aljada megaproject located in Sharjah, with the completion of the first phase comprising 920 homes spread across eight residential buildings in the vibrant Naseej District. Read this also : Dubai Investments Unveils Freehold Tower in Jumeirah Village Circle Worth Dh300 Million Situated within the...

In a significant development for Al Raha Beach, the Yas Canal residential project has received approval from Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. Valued at Dh3.5 billion, this project, overseen by the Abu Dhabi Housing Authority in collaboration with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company, is set to redefine...