Dubai Investments has launched construction on a new residential and hotel tower project in Ras Al Khaimah, located in the northern emirate. The expansive project spans 90,000 square meters and features 40,000 square meters of beachfront, including 189 villas. Situated on Al Marjan Island, the development is known as Danah Bay and involves an investment of AED 1 billion ($272 million). This includes the...

The real estate market in Abu Dhabi has experienced significant growth in the first quarter of 2024, driven by strong interest from foreign investors and rising sales prices, especially in high-end neighborhoods. Data from Bayut, a leading UAE real estate portal, indicates an increase of up to 6% in luxury apartment and villa sales prices in sought-after areas. On Saadiyat...

Blue-chip tenants seeking ultra-premium office spaces in Dubai can now lease at One Za'abeel's twin-tower development for terms of five or six years. This prestigious office building stands out among recent developments in Dubai, including Uptown Tower and ICD Brookfield in DIFC. One Za'abeel developer, Ithara, a division of the Investment Corporation of Dubai, will also offer shorter office leases of...

Alef Group, the leading real estate developer in Sharjah, has announced the handover of 819 residential units to clients at the Al Mamsha Souks zone. Issa Ataya, CEO of Alef Group, expressed his pride in achieving this milestone, stating, “This accomplishment signifies a pivotal moment in the evolution of our community. It demonstrates the exceptional growth and development of both Al Mamsha and the...