Abu Dhabi real estate transactions hit $3.1bn in Q1 2021

Recorded value includes approximately 3,847 lands, buildings and unit deals. The Department of Municipalities and Transport – Abu Dhabi has said that...

Nasma Luxury Stays eyes significant portfolio expansion by end of 2021

The firm’s portfolio features homes in Dubai International Financial Centre, Business Bay, Downtown Dubai, City Walk, Dubai Marina, Jumeirah Beach Residence and...

Namaa Doha Real Estate announces sale of units within Phase One of Giardino Villas project

Project due for handover in Q3 of 2022. Namaa Doha Real Estate, the Qatari developer, has announced the sale of units within...

Samana breaks ground on Samana Golf Avenue project in Dubai

The project is spread over 210,000sqft and comprises 233 apartments . Samana Developers has broken ground on its $27.2m wellness-themed residential project...

Market uptick as Dubai records sales transactions worth $2.97bn in March 2021

Figures represent a growth of 23% in terms of transaction numbers and a 47% increase in value compared to February 2021. In...

Namaa Doha breaks ground on high-end villa project in Giardino Village

Project is scheduled to be completed in Q3 2022 and will consist of 49 standalone luxury villas. Namaa Doha, the Qatar-based developer,...

Al Atheer Real Estate announces 8,000 unit integrated residential development

Project is the Ministry of Municipal and Rural Affairs and Housing’s only project near the Jeddah Sea. Al Atheer Real Estate Development...

Union Properties registers accumulated losses of $533.4mn in 2020

Developer says loss is due to a fair value loss of $563.5m related in investment properties recorded in 2017, as well as...

Kuwait’s United Real Estate Company awards $55m construction contract for Byout Hessah

Contract awarded to Alghanim International General Trading and Contracting. United Real Estate Company, the Kuwait-based developer, has said that one of its...

Alef Group begins work on $58m Sharjah mixed-use project

Phase III of Al Mamsha breaks ground following increase in sales for first two phases. Alef Group, the UAE-based real estate development...

Property