Sobha Realty Records 60 Percent of Overseas Resident Investors in the UAE
Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the
Binghatti Developers sign an agreement with Emirates Islamic Bank
Binghatti Developers signed a agreement with Emirates Islamic Bank to enhance mutual cooperation and develop the consumers’ experience, while serving the UAE real estate sector. The agreement was signed at the Ritz-Carlton Hotel in the Dubai International Financial Center on Wednesday, June 1, 2022. Eng. Muhammad Binghatti, CEO of Binghatti Developers, and Emirates Islamic Bank CEO, Salah Amin, attended the signing ceremony. “The agreement aims to provide resources and support to joint customers, facilitate housing loans procedures , while exempting customers from paying specific fees, and offer the best rate of return on loans,” said Muhammad Binghatti. He revealed that the agreement will
In cooperation with Cayan Group, Arabian Centers breaks ground on its first residential projects in Qassim
Arabian Centers announces its cooperation with Cayan Group as the main developer of its latest projects “Joury Project” located in AlJazirah District in AlQassim, where Joury is the first project of its kind for the company which occupies an area of over 1.5 million square meters with a total value of up to 750,000 Saudi riyals. The project also includes a mall, the latest commercial project developed by Arabian Centers Company. “Joury project” will be developed to be an integrated community, that will include all facilities and services to provide a lifestyle like no other, in addition to the best and
Cayan Group announces the reinstatement of the title deeds for AlJawhara Project
Following to the decision of the higher authorities to reinstate the title deeds of the AlJawhara project, located in the Al-Raed district in the city of Riyadh, the owners and major shareholders of the project extend their thanks and gratitude to the government of the Custodian of the Two Holy Mosques and his faithful Crown Prince – may God protect them – The Board of Directors also met in this regard, and on his behalf and on behalf of the members, Mr. Ali Al Shoman, Chairman of the Board of Directors of the Digital Oasis Company, said that “we have great
Cayan awarded “Fastest Growing Real Estate Company Riyadh 2021” and “The Most Luxurious and Distinctive Projects in Riyadh – Al Jawhara project” 2021 by Global Business magazine
Cayan the leading property developer in the Middle East was recently awarded two awards by Global Business Magazine as “Fastest Growing Real Estate Company Riyadh 2021” and “The Most Luxurious and Distinctive Projects in Riyadh “”Al Jawhara” The Awards are given to companies based on technical analysis or/and fundamental Analysis conducted by the research agency and after a rigorous screening process involving independent research agencies which verify short-listed nominations. “We are proud to again be included on Global’s Business Magazine annual list by winning those two awards. This continued recognition reflects our strong core values of teamwork, ethics and excellence, and
Cayan receives “The Best Luxury Mixed Use Development in the Kingdom of Saudi Arabia” award by Luxury Lifestyle Awards 2021 for ALJAWHARA Project
Al Jawhara a mixed-use project, which occupies an area exceeding 1.5 million square meters, in the prestigious Al-Raed area in the heart of Riyadh. which recently won an award as “The Best Luxury Mixed Use Development in the Kingdom of Saudi Arabia” award by Luxury Lifestyle Awards 2021. Aljawhara is a distinctive project in the most prestigious neighborhood in the city of Riyadh, and it will include one of the largest parks in the Kingdom of Saudi Arabia. In addition to that, it will include the best advanced infrastructure services and all facilities that will meet the actual needs and future
Metro Extension To Benefit Thousands Of Dubai Property Investors, Residents: Nakheel
Tens of thousands of investors and residents in some of Nakheels most popular communities will benefit from the opening of four new Dubai Metro stations on 1st January, 2021, said master developer Nakheel. Stations at Jebel Ali, The Gardens, Discovery Gardens and Al Furjan will be up and running on New Years Day as part of the RTAs Route 2020 Metro extension, enhancing the communities, bringing more convenience to residents and visitors. Nakheels Al Furjan, Discovery Gardens and The Gardens communities collectively span nearly 1,000 hectares and are home to almost 95,000 people. Our congratulations to the RTA on the opening of this
Cayan Group launches “AlJawhara Architecture” design competition in collaboration with King Saud University
The developer behind one of the most luxurious and distinctive projects in Riyadh “AlJawhara” in alliance with King Saud University, has announced the launch of a design competition for King Saud University College of Architecture and Planning students. The winning entrant’s designs will be considered as concepts for the project. As part of its efforts to engage young talent from within the Kingdom, Cayan Group is inviting King Saud University’s brightest architecture students to submit designs for three different types of development to be placed within a state-of-the-art experience center located at AlJawhara project. “In line with Saudi Vision 2030, creating opportunities
Dubai Property Transactions Increase 134%
The Dubai Land Department, DLD, today, announced a 134 percent increase in real estate transactions following the creation of the emirates new Higher Committee of Real Estate on 2nd September, 2019, which aims to avoid the duplication of projects in the sector and achieve a more sustainable balance between supply and demand. The committee was established by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, is chaired by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and comprises senior representatives of major property developers as its members. In his
DLD Signs Four MoUs During Dubai Property Festival
Dubai Land Department, DLD, has announced the successful conclusion of the second edition of the Dubai Property Festival, DPF, which took place at the Dubai World Trade Centre form 26th to 28th March, through which it signed four Memoranda of Understandings with local and international government entities in recognition of its efforts to promote Dubais real estate sector and provide ideal investment opportunities for those wishing to own free-hold properties, confirming Dubai's position as an ideal destination to live, work and invest. Speaing on the occasion, Sultan Butti bin Mejren, Director-General of DLD, praised the results achieved in this second edition