LATEST ARTICLES

Metropolitan Premium Properties expands to Maldives, the new luxury real estate hot spot

0

Island nation offers significant appreciation with off-plan properties and guarantees a strong rental market MPP opens dedicated sales office in Dubai to showcase Maldives properties to clients Dubai, UAE, June 25, 2024: Dubai-based Metropolitan Premium Properties (MPP), a full-service real estate agency and the Metropolitan Group’s flagship property company has announced its expansion into Maldives, a rapidly emerging destination...

QUBE Development Announces AED 2.6 Billion Property Portfolio in Dubai

0

Dubai, UAE; 25 June 2024: QUBE Development, a renowned international real estate developer with 30 years of experience, has entered the thriving UAE market with a commitment to set new benchmarks in sustainable and high-quality developments, covering a total GFA of 2,291,946 sq ft in Dubai. Aiming to cater to Emirate's growing real estate sector by launching a range...

Dubai’s Samana Developers Launches Dh855 Million “Ivy Gardens 2” Climate-Resilient Project in Dubailand

0

Highlights Climate resilience: plantation, heat resistant material, private pools, energy-efficiency moderate and decarbonize the environment. The D855 project mln project offers UAE Golden visa, financing facility, holiday homes, higher returns hence sustainable investing. The Sky Garden serves as a meeting and relaxation spot. (DUBAI): Samana Developers, one of the leading real estate companies in Dubai, today announced the launch of...

AQUA Properties celebrates milestone achievement with record-breaking sales of ‘The Central Downtown’ project

0

Dubai, June 19 - AQUA Properties, an award-winning multinational real estate brokerage and developer, proudly announces a significant milestone with the sale of over 900 units in its latest project, The Central Downtown, within just 100 days of its launch. Demonstrating the robust demand for premium real estate in Dubai, The Central Downtown topped the charts in May, capturing an...

Dubai South Properties Sells Out The Final Phase Of South Bay In Four Hours

0

Dubai South Properties has announced the successful sell-out of the final phase of South Bay, its unique development in the heart of Dubai South’s Residential District, in four hours after launching it onto the market. The new launch follows the sell-out of all previously launched units across different phases, reiterating the huge demand on properties in the area and...

Ajman completes 169 real estate valuations worth over AED729.5 million in May

0

AJMAN, 17th June, 2024 (WAM) -- Department of Land and Real Estate Regulation in Ajman completed 169 real estate valuation processes during May 2024 with a total value exceeding AED729.5 million. Ahmed Khalfan Al Shamsi, Director of Real Estate Registration, explained that the valuation covered commercial, residential, industrial, and agricultural units, with commercial property accounting for the largest share, AED437.2...

Masdar City’s upcoming developments achieve WiredScore Platinum and SmartScore Gold Certifications

0

ABU DHABI, 10th June, 2024 (WAM) -- Masdar City, a leading sustainability and innovation hub in Abu Dhabi, has achieved the WiredScore Platinum and SmartScore Gold certifications respectively for its forthcoming Masdar City Square and The Link developments. The WiredScore certifications are a global benchmark in assessing digital integration in urban developments. Similar to LEED certifications for sustainable buildings, their...

Arada closes $400M Sukuk, oversubscribed 3.5 times

0

SHARJAH, 11th June, 2024 (WAM) -- Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of its second public financing deal, a $400 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. This is the first issuance under Arada’s newly established $1 billion Sukuk programme. The...

Bayanat, IMKAN to develop smart mobility infrastructure project on ‘SHA Island Emirates’

0

ABU DHABI, 11th June, 2024 (WAM) -- Bayanat and IMKAN Properties today signed a Memorandum of Understanding for the development of a smart mobility infrastructure project on SHA Island Emirates at AlJurf. The project will feature an integrated and AI-enabled transportation ecosystem that allows for fully autonomous driving on the world’s first healthy living island. Located in AlJurf, approximately halfway between...

AED13.5 bn provided by Sharjah Department of Housing for residential projects since 2011

0

SHARJAH, 5th June, 2024 (WAM) -- Data from the Sharjah Department of Housing revealed that the total value of support for housing projects amounted to AED13.5 billion, benefiting 13,474 beneficiaries since the department's establishment in 2011. The total housing support is distributed among grants provided by the department, totalling 6930 grants, while the total number of loans reached 6544 loans. The...