Property Acquisition

Abu Dhabi Enters Advanced Talks for Ras El Hekma Development in Egypt

Abu Dhabi Enters Advanced Talks for Ras El Hekma Development in Egypt

Abu Dhabi is currently engaged in advanced negotiations to acquire and transform the Ras El-Hekma property situated on Egypt's northern coast, reports Bloomberg. Properties for sale in Dubai : Click Here Sources familiar with the matter reveal that Talaat Moustafa Group (TMG) and select Egyptian state-run entities are poised to retain approximately 20% ownership of the...

Arada Expands Dubai Presence with Dh600 Million Zabeel 2 Plot Acquisition

Arada Expands Dubai Presence with Dh600 Million Zabeel 2 Plot Acquisition

In a strategic move, Sharjah-based developer Arada has made a noteworthy entry into the dynamic Dubai real estate market by acquiring a prime Dh600 million plot in Zabeel 2. The announcement on Tuesday revealed that Arada, a prominent master developer, envisions the construction of a 50-story luxury residential tower featuring 400 upscale apartments on this expansive 138,466-square-foot plot. Read this...

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