Within four hours of going on sale, the last phase of South Bay, a unique development in the center of Dubai South's Residential District, was successfully sold, according to Dubai South Properties. Read this also: In Makkah, work on ten upscale residential complexes has started. The company's strategic approach to project launch and the strong sales of all previously announced units over several...

Work on 10 five-story residential structures has started as part of The Kidana Al Wadi project, which is strategically positioned for accommodations in Mina and will span a 33,000-square-meter area near the Jamarat facility, according to the Royal Commission for Makkah City. Read this also: April saw a 28% increase in Qatari real estate sales. The project, which is being constructed in conjunction...

Since more houses were sold in April of this year, Qatar's real estate market has flourished. There were 201 properties sold nationwide in April 2024, up 28% from the same month the year before. Read this also: With $796.8 million, global private money is aiming for the real estate markets in Abu Dhabi and RAK. Al Rayyan had 49 properties as of April 2024, up 11% over the previous year. Al Wakra had...

A survey claims that high-net-worth people (HNWIs) from all over the world are prepared to spend $408.3 million in Abu Dhabi and an extra $388.5 million in Ras Al Khaimah on residential real estate. Read this also: Arabian Hills Real Estate unveils a $5.9 billion project. As to the second annual Destination Dubai research by global property consultancy Knight Frank, HNWIs are showing a moderate...

With great pride, Arabian Hills Real Estate Development Company has officially opened Arabian Hills Estate, its eagerly awaited flagship project. Situated on the road that links Dubai and Al Ain, this amazing project has a total value of AED 22 billion and is just 45 minutes away from the famous Burj Khalifa location. 244 million square feet make up its area. Read this also: Self-driving cars will be...

The "AI-enabled autonomous transportation ecosystem" will be provided to the island community of SHA Emirates in Abu Dhabi. An agreement has been reached between Imkan Properties and Bayanat, an AI business listed on the ADX, regarding the construction of a smart mobility infrastructure at SHA Island Emirates in AlJurf. Dubbed the first "healthy living community" in the world, the island spans 380...

Muscat: The National Centre for Statistics and Information (NCSI) recently issued data showing that, from OMR948 million in the same period of 2023 to OMR760.2 million at the end of April 2024, the value of real estate transactions in the Sultanate of Oman decreased by 19.8%. Read this also: Dubai’s Elevate fintech raises $5 million to capitalize on the surge in freelancing NCSI preliminary...

Fintech startup With its headquarters located in both Dubai and London, Elevate has raised an additional $5 million to expand its business and take advantage of the expanding trends in remote work and freelancing. Read this also: A significant bridge on the Garn Al Sabkha-Sheikh Mohammed bin Zayed Road is opened by RTA. For lower costs, the organization enables remote workers and freelancers to make...

On Sunday, June 9, 2024, Dubai's Roads and Transport Authority (RTA) inaugurated a significant bridge as part of the Garn Al Sabkha-Sheikh Mohammed bin Zayed Road Intersection Improvement Project. Four bridges totaling 2,874 meters in length and 17,600 cars per hour of capacity will be built as part of this project. The recently finished two-lane bridge is 666 meters long and can accommodate 3,200 cars per...

Mekky Developments has revealed Gardenia Plaza Mall, its newest project in New Cairo that spans 3,000 square meters and has expenditures over EGP 800 million. Mekky Developments' chairman, Ahmed Mekky, said that the company's constant goal is to improve its real estate portfolio and broaden its customer base by providing creative, superior products. Mekky Developments is committed to making a name for...