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Qatar: In the third quarter of 2023, Lusail apartments are in high demand

While apartment rental rates fell in the second quarter of this year, several industries nationwide have shown signs of stabilization. On the other hand, Q3 2023 saw a rise in demand for apartments in Lusail, per Cushman & Wakefield’s quarterly report. The report said: “Reduced rent, coupled with rent-free incentives saw an increase in demand …

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Tilal Al Ghaf: Majid Al Futtaim launches ultra-luxury mansions

The launch of Serenity Mansions, a new addition to the collection of ultra-luxury neighborhoods located at Tilal Al Ghaf, the lifestyle destination creator’s flagship community in Dubai, was announced today (November 21) by Majid Al Futtaim Development, a division of Majid Al Futtaim, a leading mall developer and retail pioneer. With 106 beautifully designed mansions …

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Aldar launches beachfront living on Al Marjan Island in RAK

On November 21, leading developer Aldar in the UAE unveiled Nikki Beach Residences, a brand-new beachfront community on Al Marjan Island with a variety of recreational features that will transform beach living in the state. Launching on December 5, the project’s Phase One will comprise 357 roomy apartments ranging from one to five bedrooms, each …

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Dubai’s most expensive penthouse sold for Dh500 million

According to a media release on Thursday, the Como Residences Penthouse by Nakheel is now the most expensive penthouse sale in Dubai. The unit brought in a staggering Dh500 million upon sale. With five bedrooms and 21,949 square feet, the penthouse is spacious. After everything is finished, homeowners will have private elevator access for total …

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A new project is unveiled by Citi Developers in Jumeirah Village Circle

The Aveline Residences launch has been announced by Citi Developers. A stunning complex of 263 units, Aveline Residences is situated in the center of Jumeirah Village Circle. The project, which is expected to be completed in Q2 2026, offers a range of unit types to suit various lifestyles, including studios, one-, two-, and three-bedroom apartments …

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Residential and commercial sectors drive significant demand in Qatar

According to an official speaking with The Peninsula, demand for both residential and commercial real estate in the nation is still rising. Due to the abundance of apartments and residential villas on the market, Abdul Rahman Al Najjar, Chief Executive Officer of Kate Real Estate Group, stated that there is a significant demand in both …

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Are you having trouble finding parking in Dubai? Here’s how to reserve a spot online

If you struggle with finding parking in the Dubai Marina or Dubai Media City area, there is a convenient solution vailable to save you time. By paying Dh10, you can reserve a parking spot online. This service, known as ‘Smart Parking Reservation’ (SPR), is provided by the Dubai Roads and Transport Authority (RTA). Here’s a …

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Reem Hills Phase 1 twin villas contract awarded to Trojan General Contracting for $159.12 million

Trojan General Contracting has been given a construction contract worth AED 584 million by Q Properties, a leading real estate developer in the United Arab Emirates and a subsidiary of Q Holding, for the construction of 302 townhouses and 110 twin villas, all of which are completely sold out. The elegantly furnished homes are perfect …

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Palm Jebel Ali, the new island of Dubai, has already recorded Dh5.4 billion in home sales in less than two months

The island’s influence on Dubai’s overall real estate transactions is already being felt as Palm Jebel Ali prepares to sell its upcoming off-plan residences, which are rumored to be the most expensive to date. According to official figures, the total sales of units released at the Palm Jebel Ali in less than 40 days have …

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