In case you're thinking about investing in Dubai's real estate sector, you've undoubtedly come across the phrase "off-plan property." But what does it actually mean, and why is it so popular among both investors and first-time purchasers? A Beginner's Guide to Dubai's Off-Plan Property Market will cover everything you need to know about off-plan properties in Dubai, from what they are to why they...

Union Properties has reported impressive quarterly revenue and profit gains, highlighting significant progress in its ongoing turnaround plan. The Dubai developer also received favorable resolutions on several long-standing issues, strengthening its path to recovery. Quarterly Financial Highlights In Q1-2024, Union Properties generated Dh138.1 million in revenue from customer contracts, a...

Dubai's skyline is set to welcome another iconic addition with the commencement of construction on the $3 billion Al Habtoor Tower, poised to become the emirate's next globally renowned landmark. Located off the Sheikh Zayed Road, Al Habtoor Tower is slated to soar to a height of 345 meters upon its completion, boasting 81 floors and over 1,700 units. Scheduled for delivery by...

Ezdan Real Estate has unveiled the eagerly awaited second phase of Al Janoub Gardens Residence in Qatar, marking another milestone in the development's journey. This latest phase introduces 775 residential units of diverse sizes, following the successful leasing of all 880 units in the initial phase. Read this also : S&P Forecasts Rise in Saudi Developers’ Profits and...

Bloom Holding, a prominent real estate development firm in the UAE, has announced the successful sell-out of Olvera, the latest phase of its Bloom Living project. The rapid sales pace of townhouses in this phase reflects strong demand from buyers and investors, with the sales center reporting significant interest. Read this also : Dubai’s Housing Delivery to Reach 35,000 Units by 2024 on Account of...

Aldar Properties (Aldar) has introduced Athlon, a pioneering "active living" community in Dubai. This groundbreaking development redefines fitness-focused living by offering top-notch amenities and a dynamic schedule of wellness activities curated by experts to foster long-term well-being and a strong sense of community. Athlon is Aldar's second major residential project in Dubai, following the success...

During the first quarter of 2024, Dubai has witnessed a surge in property development projects, with both local and international developers launching new projects at a remarkable pace—averaging more than one per day. According to preliminary data from Cavendish Maxwell’s Property Monitor, nearly thirty new off-plan projects were launched in March 2024, adding approximately 10,000 units to the...

Aldar Properties (Aldar) has formed a partnership with Siemens to develop Saadiyat Grove, an innovative mixed-use project in Abu Dhabi’s cultural district. The collaboration aims to transform Saadiyat Grove into a leading example of smart urban living worldwide. The agreement was signed during the World Future Energy Summit (WFES) in Abu Dhabi. Read this also : UAE: Emaar Offers Free Repairs for Homes...

Emaar Properties has announced its intention to provide free repairs for homes within its Dubai communities that were impacted by the intense rains earlier this week. In response to the adverse weather conditions and heavy rains experienced in Dubai, Mohamed Alabbar, chairman of Emaar Properties, stated, "Emaar will undertake the repair of all properties within our communities damaged by the recent...

Two prominent players in Egypt's real estate sector, Arab Contractors and El Attal Holding, have joined forces through strategic partnership agreements aimed at advancing a diverse portfolio of property projects across the country. Ahmed El Attal, Chairman of El Attal Holding, emphasized the significance of this collaboration, citing the company's rich heritage and extensive expertise spanning over 76...