SSH Leads Delivery Of New Sky Residences In Expo City Dubai
SSH has been appointed Main Works Supervision Consultant for the Sky Residences development in Expo City Dubai – a landmark urban destination focused on innovation, sustainability, and modern living. The legacy of Expo 2020 Dubai, strategically positioned at the centre of Dubai’s future, is a signature mixed-use city that offers modern residences, a world-class free zone, culture spaces, restaurants, retail outlets and more. Expo City’s ambitious master plan will adopt a phased development approach that will eventually see the city accommodate over 35,000 residents and 40,000 professionals. Sky Residences stands as a signature residential community within Expo City. Soaring up to 15
Dubai Real Estate Records AED 51.1 Billion August Sales
The Dubai real estate market recorded property sales worth AED51.1 billion in August, a 7.9% increase on the same month last year, with the total number of transactions rising 15.4% YoY to 18,678. A market update issued today by fäm Properties reveals that apartment sales worth AED30.2 billion last month climbed 29.2% in volume to 15,900 compared with the same month last year. Data from DXB interact shows commercial sales amounting to AED1.2billion in August were up 20.4% in volume YoY to 442, while 392 plot sales worth AED8.9 billion represented a 7.4% rise in volume on the same month last year. While
Seraya Raises $1.8mln Seed Round To Redefine Short-Term Rental Hospitality In The Middle East
Seraya, the Dubai-based hospitality startup creating a new standard in premium serviced accommodation, has raised $1.8 million in seed funding, bringing its total capital raised to $2.15 million. The round was led by a prominent KSA-based family office and DLL, a German family office, with participation from strategic angel investors. The funding includes a mix of equity and debt and will support Seraya’s next phase of growth as it expands across Dubai’s booming short-term rental market. Founded in October 2024, Seraya has been profitable from day one and operates with an average occupancy of over 92% and a perfect 5.0 guest