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...

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...

In a display of community support, real estate developers in Dubai have stepped up to assist residents affected by last week’s severe rainstorm. The heavy rainfall led to extensive flooding, damage to cars, and property destruction across the city. Developers have committed to covering the cost of repairs for impacted residents, easing the burden on those dealing with the aftermath of the...

Aqua Properties, a renowned international real estate developer based in the United Arab Emirates, has unveiled its latest venture, The Central Downtown—a sophisticated development situated in Dubai's Arjan neighborhood. Valued at AED 3 billion ($816 million), this project is set to redefine upscale living in the heart of the city. Read this also : The Future of Dubai Luxury Real Estate in 2024:...

In 2023, the United Arab Emirates (UAE) emerged as the global leader in property price increases, as reported by the International Monetary Fund (IMF). Among the top ten nations witnessing substantial real estate appreciation since the pre-pandemic era, the UAE claimed the spotlight, showcasing a remarkable surge in property prices. Read this also : Dubai and Abu Dhabi Real Estate Markets Soar to...