In collaboration with Nasdaq Dubai, Sobha Realty rang the market opening bell to mark its support of “1 Billion Meals Endowment” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The campaign aims to establish the largest Ramadan sustainable food aid endowment fund during the Holy Month of Ramadan, providing a food safety net for underprivileged populations in countries with food insecurity. Sobha Realty has pledged to contribute AED 50 million over a span of five years to support the campaign, which aims to mobilise regional, international, and local efforts to

Cayan Group, a leading real estate investment and development company in the Middle East, has signed a development agreement with NEOM, a gigaproject spanning 26,500 square kilometers in northwest Saudi Arabia. Under the agreement, Cayan Group will fully fund and develop Hampton By Hilton situated at the NEOM Community site to meet the rising construction demand – a critical component to further progress earthworks at the site. Construction, led by BEC Arabia, has already started on the hotel, and is expected to open by the end of 2023. Ahmed Alhatti, Chairman of Cayan Group, said: “We are excited to become part of the

In collaboration with Nasdaq Dubai, Sobha Realty rang the market opening bell to mark its support of “1 Billion Meals Endowment” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The campaign aims to establish the largest Ramadan sustainable food aid endowment fund during the Holy Month of Ramadan, providing a food safety net for underprivileged populations in countries with food insecurity. Sobha Realty has pledged to contribute AED 50 million over a span of five years to support the campaign, which aims to mobilise regional, international, and local efforts to implement

MAG has announced the launch of 90 villa plots for sale at its Keturah Reserve, the Dh3 billion luxury residential development in Mohammed Bin Rashid City, District 7 in Meydan, which offers transformational living through the design of space. The plots, which range from 480-1,080 square metres, will enable buyers to develop their own villas in line with the overall Keturah Reserve master development, scheduled to be completed by second quarter of 2025. Keturah Reserve will feature 93 townhouses, 90 villas, 540 units across six apartment block buildings, and eight penthouse apartments. The project is the first residential development in the Middle

Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has launched its signature seafront project Mar Casa with a total value of AED 1.1 billion, redefining the region’s urban life and reinventing the boundaries of conventional luxury. A residential destination at Dubai Maritime City where heritage meets modernity, Mar Casa is perfectly connected to the old city as well as the financial centre of Dubai and the beautiful Jumeirah area. Dubai Downtown, with its landmarks Dubai Mall and Burj Khalifa, is only ten minutes’ drive away. Mar Casa presents iconic architecture that seamlessly blends the beauty of

Work on the Tria project has already been initiated and is set for completion in 2025 as scheduled, with a total cost of AED 515 million Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has announced the appointment of the main contractor for the Tria project, a unique luxury residential tower in Dubai Silicon Oasis (DSO). The latest addition to Deyaar’s luxury project portfolio, Tria is a 32-storey integrated residential project at the heart of DSO, a free zone technology park which is also a member of the Dubai Integrated Economic Zones Authority (DIEZ). Work on

MAG of Life, the wellness real estate division of MAG Group, signed a deal with Marriott International to launch The Ritz-Carlton Residences, Dubai, Creekside. The new development is part of KETURAH, a luxury wellness development that embodies the highest standards of wellness and luxury experiences, providing residents and visitors a unique, healthier environment and uplifting the level of inspired living. The Ritz-Carlton Residences, Dubai, Creekside will integrate Delos’ world-leading, evidence-based wellness innovations, helping provide a healthier environment to homeowners and creating an immersive wellness luxury lifestyle in Dubai. It will also feature a private members club; an immersive, holistic wellness

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

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced plans to handover the Mesk and Noor Residential Districts – the Phase 3 and 4 of its award-winning Midtown master development in Dubai. The Mesk and Noor Districts comprise over 900 residential units, including studio, one-, two- and three-bedroom apartments. The Mesk District handover will commence on February 14, 2023, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be handed over as per schedule by the end of June 2023. With this, Deyaar will

Dubai's annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022, as the sector witnessed transactions worth a record AED528 billion in 2022, a 76.5 percent increase from 2021. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said, "The exceptional performance of the real estate sector reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the world’s top three cities. The results also support the