Browsing: property development

Binghatti Holding Ltd recorded a net profit of AED 1.82 billion for the first half…

Emaar Development, a subsidiary of Emaar Properties, has secured a substantial land parcel in Dubai valued at AED 2.93 billion (approximately $798 million). This acquisition is part of the company’s strategy to expand its portfolio of luxury residential projects within the emirate.

Samana Developers is proud to announce a new strategic partnership with Dubai Land Department (DLD).

Omniyat increased the size of its debut dollar sukuk issuance from $400 million to $500 million due to high demand, signalling strong investor confidence in both the company and the liquidity available within the Islamic finance market.

Dubai Land Department (DLD) signed a memorandum of collaboration with the Awqaf and Minors Affairs Foundation (Awqaf Dubai). The aim is to develop the properties within the foundation’s real estate portfolio and enhance their competitiveness in the emirate’s real estate market. This will be achieved through the Department’s Building Classification Project, strengthening cooperation across various areas of mutual interest.

BAMX Properties – a forward-thinking real estate developer renowned internationally for its commitment to quality, sustainability, and luxury – has announced its official launch in the UAE. The company held a special launch event last night at the 5-star H Hotel in Dubai.

RAK Properties recorded a 40% increase in revenue for 2024, reaching AED1.4 billion ($381 million),…

RAK Properties, Ras Al Khaimah’s leading publicly listed developer, has reported its 2024 financial results, showcasing robust growth and strategic progress that pave the way for significant expansion in 2025.

Alef Group, a prominent real estate developer based in Sharjah, has highlighted its impressive achievements for the year 2024.

Dubai-based developer Sobha Realty is set to launch several new projects in the UAE this year, capitalising on the country’s property boom. The company’s founder has confirmed plans to introduce between eight and ten new ventures, collectively worth several billion dirhams. These developments come as the UAE real estate market shows significant resilience and growth, despite global economic pressures.