Shuaa Capital earlier bought the plot, which was the previous location of the Metropolitan Police Headquarters, for $446 million
luxury real estate
Dubai
Exclusive land plot in Dubai’s Jumeirah Bay sold for $50 million
The six million square feet mixed-use island off the coast of Jumeirah in Dubai only has 128 plots, compared to Palm Jumeirah’s around 4,000
Ajman
Ajman-backed real estate developer launches emirate’s new beachfront luxury residential project
The SeaSide Hills projected, located close to Al Zorah’s earlier beach resort development, will have four-bedroom luxury villas and a mix of apartment units
Brand View
Revealed: What it takes to succeed in Dubai’s luxury property market
The senior property manager at Metropolitan Premium Properties outlines his career path and reflects on the emirate’s real estate market
Dar Al Arkan
Saudi developer, Elie Saab unveil luxury Qatar project after Saudi tie-up
Dar Al Arkan unveils Les Vagues residences by Elie Saab in Qetaifan Island North
Abdulla Mohamed Butti Al Hamed
Unit of new investment major Q Holding launches $2.2bn Abu Dhabi real estate project
Q Properties says project features a man-made hill and is designed to encourage its residents to escape pressures of everyday life
chelsea
UAE’s GII secures funding to support luxury London real estate project
Gulf Islamic Investments Group agrees $110m loan to finance construction of prime residential development in Chelsea
Business Bay
Developer Select unveils new luxury Dubai waterfront residential project
Developer says Peninsula Five in Business Bay will deliver 381 homes, scheduled for completion in late 2024
Elie Saab
UAE’s GII partners with Elie Saab on luxury London homes
Gulf Islamic Investments announces partnership with top designer for real estate project overlooking Hyde Park
alpago group
Top British architects hired for new Dubai ultra luxury property project
Units at Palm Flower on Palm Jumeirah priced between AED60-200m, says developer Alpago
Dubai real estate
Dubai’s Jumeirah Bay Island sees second most expensive property deal at $32.6m
Double residential plot stands at 66,000 sq ft and was sold to an anonymous buyer by Dubai-based Luxhabitat Sotheby’s International Realty
Abu Dhabi Securities Exchange Second Market
Abu Dhabi firm completes work on $71m Serbian hotel project
Emirates Stallions Group eyes more luxury development projects in the near future after Viceroy contract
Battersea Power Station
London’s Battersea Power Station transforms into luxury flats, 20% of buyers hail from the Gulf
The GBP9 billion project is the UK capital’s largest single construction site and will be home to 25,000 people
Bosnia
Saudi developer unveils $133m luxury ‘second home’ project in Bosnia
Dar Al Arkan says Sidra project will be surrounded by 20,000 native trees and is the largest single real estate project in Bosnia
