Unit of new investment major Q Holding launches $2.2bn Abu Dhabi real estate project

Q Properties, a subsidiary of the newly-announced investment major Q Holding, has launched the first phase…

UAE Central Bank rate hike could impact mortgage loans, increase demand in high-end properties: expert

The Central Bank of the UAE (CBUAE) recent rate hikes, which is anchored to the US…

Al Hamra launches $272.25 million freehold Falcon Island villa project in Ras Al Khaimah

Ras Al Khaimah-based real estate developer and investment firm Al Hamra has launched an exclusive, freehold,…

Nakheel launches collection of townhouses at the Jebel Ali Village gated community

UAE-based master developer Nakheel has launched a new collection of luxury three- and four-bedroom townhouses at…

Three new concepts that are shaping the future of the residential market in 2022

The “brief” for what is required in a home is changing. The need is shifting to…

Dubai real estate transactions continue upward momentum as ultra-prime home sales soar to new record

Dubai’s real estate market recorded 368 sales transactions worth $247.6 million (AED 909.66 million) and mortgage…

Real estate giant Aldar reports surging net profit for 2021, fuelled by UAE Covid-19 response

Aldar reported 21 percent year-on-year growth in net profit for 2021, reaching AED2.33bn, as the company…

Abu Dhabi DMT reveals 26.4% cumulative drop in realty service fees for projects during 2020 and 2021

The Abu Dhabi Department of Municipalities and Transport (DMT) has revealed that service fees for the…

DIFC issues consultation paper proposing Real Property Law amendment in relation to mortgagees

Dubai International Financial Centre (DIFC) – the leading global financial centre in the Middle East, Africa,…

Saudi Arabia real estate: Vast majority of kingdom’s richest want to buy a new home in next 12 months

The HNWIs indicated that they would prefer to purchase a villa (50 percent) instead of an…