Tag: residential

Construction & Real Estate

Emaar Properties announces $2.4bn cash dividends for FY 2025

Dubai master-developer Emaar Properties has announced plans to distribute cash dividends worth AED8.8 billion ($2.4 billion), representing 100% of the share capital, for the FY 2025. The Dubai developer had recorded its highest property sales of AED80.4 billion ($21.9 billion), up 16% over the previous year. ...

Construction & Real Estate

Arada starts handover of five new residential blocks in Sharjah mega project

UAE developer Arada said it has completed the construction and begun handover of five new residential blocks in Naseej District within its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah. It comprises 482 apartments with a mix of one- to three-bedroom units along with smart home features....

Construction & Real Estate

Dubai Investments' RAK mixed use project set for 2027 completion

Dubai Investments has announced that work is moving at a steady pace on one of its premium mixed-use developments on Al Marjan Island in Ras Al Khaimah with its residential tower on track for Q1 2027 completion and its hotel unit by Q3 next year. ...

Construction & Real Estate

Azizi's metro-linked residential project in Dubai 55pc complete

UAE-based Azizi Developments has announced that work is moving at a steady pace on its contemporary, metro-connected residential development - Azizi Zain - within the Al Furjan community development in Dubai, with nearly 55% of the project already completed. ...

Construction & Real Estate

Abu Dhabi residential property sales hits record $20bn in 2025

Abu Dhabi’s residential real estate sector secured record-breaking AED73.2 billion ($20 billon) in sales in 2025 as transactions rose 55% to reach 22,400, said an industry expert. Off-plan sales dominated the market, accounting for 71% of sales activity, backed by strategic project launches. ...

Construction & Real Estate

Roshn inks deal with Miskan to develop prime land in Riyadh

Roshn Group, Saudi Arabia's leading multi-asset class developer powered by sovereign wealth fund PIF, has signed a strategic agreement with Miskan Real Estate Company, to develop more than 68,000 sq m of land within Warefa community in the capital Riyadh for a key residential project. ...

Construction & Real Estate

Aldar Properties says all operations continue as normal

Aldar Properties confirmed operations across its residential communities, retail destinations, commercial offices, logistics facilities, hotels, schools and development sites in the UAE continue without interruption and the company remains operationally and financially resilient....

Construction & Real Estate

Sorouh Al Qurm to build $596m integrated tourism complex in Muscat

Oman-based Sorouh Al Qurm Real Estate has announced plans to develop an integrated tourism complex at an investment of RO230 million ($596 million) in Muscat. Spanning 165,000 sq m, the ITC will boast two four-star hotels along with residential and retail units as well as a range of recreational facilities. ...

Construction & Real Estate

Residential unit sales of $20.69bn drive Abu Dhabi real estate market

Residential unit sales emerged as the primary growth driver for Abu Dhabi's real estate market in 2025, expanding from approximately AED19 billion in 2022 to AED76 billion ($20.69 billion) in 2025, representing a fourfold increase driven by off-plan sales growth and master-planned community development....

Construction & Real Estate

Eskan Bank signs up Mazen Al Umran as consultant for Seef Greens project

Eskan Bank, a leading bank in Bahrain, has appointed Mazen Al Umran as the official design and supervision consultant for its Seef Greens development. A key urban development project in the kingdom, it features a mix of residential and commercial elements along with premium amenities. ...

Construction & Real Estate

Azizi launches new residential project within Riviera community

UAE-based Azizi Developments has announced the launch of its newest residential project - Azizi Riviera 66 - within the stylish waterfront-inspired lifestyle destination Riviera in Dubai. A prime project, it offers a selection of well-designed residences along with key amenities. ...

Construction & Real Estate

Prime office shortage drives commercial buying in Dubai, says expert

Dubai’s real estate market is transitioning from the sharp acceleration of recent years into a more mature and sustainability-led growth phase, said an industry expert. While activity levels remain robust, the latest figures point to quality-driven demand across buyer segments. ...

Construction & Real Estate

Combined Group Contracting wins $252m Kuwait Oil Company deals

Combined Group Contracting Company (CGC), a specialist in the construction of residential and commercial as well as roads and oil and gas projects, has secured contracts worth KD77.3 million ($252 million) from Kuwait Oil Company for the construction of flowlines and associated works. ...

Construction & Real Estate

Tissoli launches Phase 2 of flagship residential project in RAK

Tissoli, a leading real estate developer, has announced the sales launch of the second phase of its AED1.2 billion ($327 million) flagship development, Palazzo Tissoli, in Ras Al Khaimah. It involves a limited collection of fully furnished studios, and one-bedroom apartments featuring sweeping sea views. ...

Construction & Real Estate

Azizi launches new residential project in Al Jaddaf district

Azizi Developments has announced the launch of its new residential project in the vibrant Al Jaddaf district in Dubai. The Azizi Jaddaf Beach Oasis offers a distinctive, resort-inspired lifestyle to the residents with a mix of modern freehold studios and spacious one-bedroom apartments and penthouses. ...

Construction & Real Estate

Ayat breaks ground on 376-unit residential project in Dubai

UAE-based Ayat Development has marked the groundbreaking of Ayami Residence, a contemporary G+Podium+6 residential development in Warsan First, Dubai. Scheduled for completion in 2028, the 376-unit project will introduce a curated mix of studios, one- and two-bedroom apartments. ...

Construction & Real Estate

Takmeel launches landmark residential project in Dubai South

Takmeel Real Estate Development has announced the launch of Divine Elements, a landmark residential project in Dubai South, comprising a curated selection of studio, one- and two-bedroom apartments, tailored for singles, couples and families along with premium amenities. ...

Construction & Real Estate

Alramz inks deal with Roshn to develop prime residential plots

Alramz Real Estate has announced that it has signed an agreement with leading Saudi developer Roshn for the purchase and development of two residential plots spanning over a 14,128 sqm area in Riyadh. As per the deal, a total of 240 residential units will come up on these plots....

Construction & Real Estate

Beyond unveils fully masterplanned project on Marjan Beach

Beyond Developments has unveiled its first fully masterplanned project, Evermore, on Marjan Beach in Ras Al Khaimah featuring residential, hospitality and retail components. Anchored by 250,000 sq m open spaces, including a botanical garden, it is designed as a fully pedestrian masterplan with a projected GDV exceeding AED25 billion. ...