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...

Strong foreign investment, the growing demand for luxury houses, and prospects for high returns on investment are just a few of the elements driving the continuous growth of the UAE real estate industry, which is led by its luxury sector. The country's leaders and government have also been implementing ongoing measures to make the UAE an even more alluring destination, like streamlining the application...

A noteworthy deal between Ladun Investment Company and the Real Estate Development Fund was revealed in a recent market report. A lease of SAR 107.96 million has been signed by the two parties. Read this also: The analysis predicts that by 2024, the UAE real estate market will have grown to a peak of AED 2.6 trillion. The Real Estate Development Fund shall lease an 11,247 square meter administrative...

According to new Statista data, the UAE real estate industry is anticipated to be valued AED2.6 trillion by the end of the following year. High-net-worth individuals' (HNWIs) interest in investing in opulent residences in the city is the reason for the prolonged increase. Read this also: In Meydan, a brand-new Dh320 million villa project has opened. Dubai outpaced prestigious markets like New York...