El Saeed Contracting, a prominent player in the construction industry, celebrates its latest triumph with an $8.4 million project win in Qena, Egypt. The esteemed company, officially known as El Saeed for Contracting and Real Estate Investment (SSCD) (UEGC), recently announced securing a lucrative contract valued at approximately EGP 412 million for the commencement of the craft zone in Al-Taramsa, Qena...

Experience the essence of luxury living at Nouran Living, Aldar's inaugural residential venture nestled within Saadiyat Island's vibrant Marina District. Unveiled recently by Aldar Properties, Nouran Living promises to redefine upscale living in Abu Dhabi. Scheduled to commence construction in Q4 2024 with a targeted completion by Q4 2027, Nouran Living embodies exclusivity and elegance. Boasting a...

Dubai anticipates the unveiling of three novel master communities in 2024, poised to address the burgeoning demand for villas and townhouses while propelling the emirate into its next phase of expansion. Despite the prevailing dominance of off-plan sales, these developments are set to inject vitality into the market. Read More : Union Properties Reclaims Success: Achieves Dh837...

Dubai's Union Properties is marking a triumphant return, showcasing a remarkable Dh837 million in net profit for 2023. Positioned as a leading developer in the region, Union Properties asserts that its diligent efforts towards recovery are yielding promising results, resonating positively with investors and the broader real estate market. Read more : Ras Al Khaimah Unveils ‘RAK Central’ – Northern...

Ras Al Khaimah (RAK) is set to redefine its commercial landscape with the launch of 'RAK Central,' touted as the largest business district in the northern Emirates. This expansive mixed-use development, spearheaded by Marjan, promises to elevate Ras Al Khaimah's status as a thriving business hub with Grade A offices and stunning vistas of the Arabian Gulf and Al Hamra Golf Club. Read more : ValuStrat...

Abu Dhabi's real estate landscape witnessed significant growth in the fourth quarter of 2023, with office sales prices soaring by 38.7% year over year, as reported by ValuStrat. Additionally, asking rents experienced a notable increase of 13.3%, signaling a robust market performance in the capital city. Read more : Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion ValuStrat's...

Dubai's commercial real estate sector is set to defy remote work expectations as it prepares to welcome 44,000 square meters of new, premium office space in free zones across the city in 2024. This proactive response comes amidst surging demand for office accommodations, reflecting Dubai's resilience and attractiveness as a business hub. A report by commercial real estate company CRC highlights the...

In a recent press release issued by the Dubai Government Media Office, the Dubai International Financial Centre (DIFC) celebrated its unprecedented growth and reaffirmed its status as the premier global financial hub for the Middle East, Africa, and South Asia (MEASA) region. Amidst record-breaking achievements in 2023, DIFC showcased an impressive 34% year-on-year growth in new company registrations,...

February 2024 witnessed a robust surge in Sharjah's real estate transactions, totaling an impressive $844 million, as reported by the Sharjah Real Estate Registration Department's "Real Estate Transactions and Mortgages Movement" report. Across various regions and cities, a total of 4,458 real estate transactions were recorded, underscoring the emirate's continued growth and prosperity in the property...

In a testament to its burgeoning real estate sector, Sharjah witnessed a surge in property transactions totaling Dh3.1 billion in February, fueled by heightened interest from Arab, international, and local investors. Read more : Ajman Real Estate Sector Revamp: JLL Crafting New Competitive Strategy The latest "Real Estate Transactions and Mortgages Movement" report from the Sharjah Real Estate...