• Marjan announces the opening of Dh450 million 515-room Hampton Hotel at Marjan Island

    Marjan, a leading freehold property developer in Ras Al Khaimah, said, it has opened the largest Hampton branded hotel at its flagship Marjan Island, called Hamption by Hilton Marjan Island adding 515 rooms to Ras Al Khaimah’s growing tourism industry. The project, valued at Dh450 million (US$122.5 million) is the first property by the hotel […]

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  • Arada awards first contracts for the US$2.2 billion Masaar upscale forested community in Sharjah

    Dubai, UAE: Parsons andASGC Construction win two contracts for the Dh8 billion (US$2.2 billion) mega community that will be spread across 19 million square foot and host 4,000 villas at Masaar from master developer Arada, the developer said in a statement. Arada has awarded the first two contracts for Masaar, the 19 million square foot mega […]

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  • Nakheel sells Dh800 million worth of villas in a record four hours

    Dubai, UAE Dubai-based master developer Nakheel said, it has sold Dh800 million worth of villas in a record four hours, “with investors clamouring to snap up new villas” at its new Murooj Al Furjan community. “Phase one, comprising 217 four- and five-bedroom homes released on Thursday, May 20, is sold out,” a Nakheel statement said. […]

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  • Nakheel launches 418 new homes with development value exceeding Dh1.24 billion

    Dubai, UAE Nakheel, the master developer of the world’s first palm-shaped man-made islands off the coast of Dubai, said, it will develop Murooj Al Furjan, a residential community of 418 villas at Al Furjan, one of its largest, most popular mixed-use developments in Dubai. Prices of villas start from US$790,000 (Dh2.9 million) apiece. The announcement […]

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  • Sobha Realty sells out US$2 billion worth of properties within Sohba Hartland

    Developer launches Dh750 million Waves at The Waterfront District in Sobha Hartland Dubai-UAE Sobha Realty, a premium real estate developer, has sold out US$2 billion worth of properties and built US$1.33 billion worth of properties within the US$4 billion Sobha Hartland, the eight million square feet freehold master development at the tip of Dubai’s Mohammed […]

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  • Arada delivers 255 new homes in Dh24 billion Aljada megaproject

    Sharjah, UAE Sharjah-based master property developerArada said, it has completed 255 new homes within its flagship mixed-use master-planned community, Aljada, the Dh24 billion megaproject in Sharjah. The handover process for the first four Areej Apartments buildings, amounting to 255 units in total, has now begun as the Sharjah developer continues its aggressive delivery plan for […]

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  • The Heart of Europe to deliver the Middle East’s largest and most sustainable swimming pool as it prepares to open the French Riviera in Dubai  

    Grand Azur is eight times larger than an Olympic swimming pool and will be the lifestyle hub linking a quartet of boutique hotels at the centre of the glamourous Côte d’Azur resort Measuring 12,000 square metres, it will be the largest and the most sustainable pool in the Middle East and be part of Côte […]

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  • Vincitore Realty launches largest outdoor retail experience to create a new Downtown at Dubailand

    Vincitore Realty is redefining the boutique retail experience in Dubailand with its latest offering – The Promenade at the Vincitore Boulevard near Miracle Gardens at Arjan in Dubailand – that is going to offer a completely new outdoor retail experience and attract visitors to the neighbourhood News Highlights: Vincitore Realty launches The Promenade, one of […]

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  • Real estate prices at The Heart of Europe leap as handover of properties begins this month

    Dubai, UAE, December 21, 2020 – The developers creating The Heart of Europe – the US$5 billion (Dh18.3 billion) prime hospitality and second home mega-project off the coast of Dubai – have revealed a strategic rise in the price of their fast-emerging properties to match other world-class real estate. Investors set to realise a fourfold increase […]

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  • Property sector’s contribution to Dubai’s GDP reaches 7.2% or Dh407 billion

    Dubai, UAE Real estate sector’s contribution to Dubai’s Dh407 billion Gross Domestic Products (GDP) reached Dh29.4 billion or 7.2 percent of the GDP in 2019, with a growth rate of 3.3 percent compared to 2018, according to a latest report by Dubai Land Department, the emirate’s land and property registry. Dubai’s GDP recorded 2.2 percent […]

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