Ras Al Khaimah saw real estate sales of mote than $1.6bn last year
Real Estate
Huawei
Tameer Vision, Huawei join forces to build future-ready residential units in Saudi Arabia
The two companies aim to have over 5,000 FTTR-ready residential units by 2035
Binghatti
Binghatti Holding delivers record revenue of $1.72bn as sales double
In a year in which the company launched 16 new projects, net profit jumps 152% to $500mn and revenue backlog triples to $2.72bn
Dubai
Wealthy buyers race for Dubai ultra-luxury homes amid supply squeeze
Dubai’s luxury real estate market is poised for continued momentum, with prices in prime locations expected to remain firm or appreciate further, driven by a limited supply of ultra-luxury properties
DHG Properties
DHG Properties hits 25% construction milestone for Helvetia Residences in Dubai, on track for 2026 delivery
DHG Properties said the strong sales performance is supported by the sustained investor confidence in Dubai’s off-plan sector
Deyaar Development
Dubai’s Deyaar Development, Umm Al Quwain Properties sign major beachfront deal
The collaboration forms part of the emirate’s strategic plan to promote sustainable tourism through coastal development
Azizi Developments
Dubai’s second tallest tower: Burj Azizi ‘once in a generation’ sale begins as real estate prices soar
The 131+ storey Burj Azizi tower in Dubai, scheduled for completion by 2028, will house residential units, a hotel, retail spaces and entertainment facilities
Burj Khalifa
EXCLUSIVE: Dubai’s highest office space draws global fund interest at $12.2 million
The same building recently listed the world’s highest residential property, dubbed “Sky Palace,” for $51 million
Red Sea
Saudi Arabia’s Red Sea Residences draw early buyers at $1.5mn starting price
The pre-sales success of the multi-billion riyal development on Shura Island signals strong appetite from wealthy Gulf investors for Saudi Arabia’s emerging luxury tourism destinations
commercial real estate
Dubai commercial real estate boom: Prime office spaces set for 12% value appreciation in 2025
Dubai International Financial Centre and Business Bay areas expected to see up to a 20% rise in rentals this year upon renewals in Grade A and B buildings
Dubai
Dubai real estate: 90-day notice required for rent increases, says DLD
The DLD reported that the new rental index has helped control rental prices and reduce inflation across Dubai in 2025
Abu Dhabi business
New tax in the UAE; Blue Visa launched; Saudi megaproject guide; Dubai Loop announced – 10 things you missed this week
New taxes and visa in the UAE, Elon Musk reveals Dubai Loop plan; Saudi megaprojects revealed, expected Ramadan dates and more top stories this week
Dubai real estate
Dubai real estate: Most expensive villas, apartments and townhouses revealed as resales hit $42.5bn in 2024
The Dubai real estate sector saw new highs last year with record apartment and villa purchases of $75m and $65.5m
Dubai real estate
Dubai South Properties sells 100 units at Beachfront Gates in just one day
Dubai South Properties launches Beachfront Gates development to huge interest from investors
Dubai
Union Properties continues its turnaround with a strong FY 2024
The company’s current assets now exceed its current liabilities – by $154.1mn – for the first time in many years
Emaar
Emaar reports $9.6bn revenue and $5.1bn profit after record year
Emaar saw revenue, profitability and dividends soar after a record-breaking year
Al Marjan Island
Ras Al Khaimah real estate booming after massive 118% surge in transactions
Ras Al Khaimah real estate market is growing faster than Dubai as investors snap up property