News

Dubai’s ‘Female’ Burj Khalifa: Emaar’s Next Marvel

  Dubai is no stranger to architectural marvels, but the latest announcement from Emaar Properties has ignited a wave of excitement that transcends the city’s skyline. Mohamed Alabbar, the visionary founder of Emaar Properties, unveiled plans for the Female Burj Khalifa during the Sharjah Entrepreneurship Festival, heralding a new era of architectural grace and sophistication. The decision […]

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By 2040, emaar set to make $132 billion from real estate sales

Experts estimate that Emaar Properties could receive AED 485 billion ($132.15 billion) from the sale of its development portfolio by 2040. Now, Dubai’s largest developer continues to lead the emirate’s real estate market. In the next 5 years, the company will sell properties worth about AED 155 billion, or 32% of the its total portfolio. Experts note

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The UAE’s Aldar Properties has acquired London Square, its first deal outside the Middle East

The UK developer London Square was completely acquired by the UAE developer Aldar, marking the company’s second significant foreign acquisition. The enterprise value of the deal is Dh1.07 billion, or 230 million pounds. “The move is aimed at accelerating growth, diversifying revenue streams, unlocking synergies, and driving cross-selling opportunities,” said the Abu Dhabi mega-developer in a

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Abu Dhabi real estate developer launches Ville 11 in Masdar City

New Abu Dhabi real estate development introduces 111 residential units to Masdar City New Abu Dhabi real estate development introduces 111 residential units to Masdar City An Abu Dhabi real estate developer has launched 111 new homes for sale at Masdar City in the UAE. Burtville Real Estate has announced the launch of “Ville 11” in Masdar City,

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Dubai developers entice new buyers with favourable payment terms

Developers coming out with new strategies to encourage renters to become property owners Buyers of properties in Danube Properties recently launched Bayz101 can avail of the one per cent payment plan. Image: Danube Properties Property developers in Dubai are offering potential buyers a range of incentives, such as flexible payment terms and buy-back options, as competition heats

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Aldar to invest $1.36bn to develop income-generating assets in Abu Dhabi

Company will develop new commercial assets in Yas Island, Saadiyat Island and Al Maryah Island Aldar said it is developing a new retail area at Saadiyat Grove. Photo: Aldar Aldar Properties, Abu Dhabi’s biggest listed developer, will invest Dh5 billion ($1.36 billion) to develop a range of income-generating assets in Abu Dhabi, with a focus on

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Dubai’s Emaar Development announces $10.2bn property sales, net profit up 74%

Dubai’s Emaar Development has reported a sharp increase in property sales across 2023 Emaar revealed its newest lifestyle destination, The Oasis by Emaar, one of Dubai’s largest and most prestigious developments, launching the first communities in Palmiera Emaar Development recorded an increase of 22 percent in property sales to AED37.4bn ($10.2bn) compared to AED30.7bn ($8.4bn) in

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Real estate giant Aldar smashes all previous profit and revenue numbers

Net profit for 2023 up 40% to $1.2 billion; sales up 94% to a record $7.6 billion; Development revenue backlog doubles to $10 billion The company launched 14 new projects during the year. Imagfe: Shutterstock Abu Dhabi-based real estate heavyweight Aldar’s net profit for the year 2023 was up 40 percent to AED4.4 billion ($1.2 billion) on

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Dubai, Miami branded residences: Massive real estate projects with luxury car makers

Here are all the branded residences in Dubai and Miami that have teamed up with luxury automotive brands to provide residents a unique living experience Bugatti Residences by Binghatti in Dubai Branded residences have become increasingly popular in the UAE due to the rising demand and development of such properties in the country. This demand is

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Pair Of Green Sneakers, Style Mistake Or Victory?

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