This week’s GDP data provided even more evidence that India was experiencing a massive housing boom, raising hopes that the sector will continue to drive the country’s economy for years to come. The construction industry had its strongest performance in five quarters, expanding 13.3% from July to September of last year over the same period …
Construction in India levels up as housing demand fuels economic growth Read More »
Samana Developers, a Dubai-based company, has announced the opening of Samana Barari Views, its 12th project. With 669 apartments, it is located in Al Barari, one of Dubai’s greenest communities. The neighborhood, which combines integrated luxury and active eco-conscious development, is home to the first green villa community in the area. It is situated between …
The $197 million Dubai smart tower has been launched by Samana Read More »
In combination with the 52nd Union Day of the UAE, Abu Dhabi has announced the distribution of housing benefits totaling AED 7.6 billion ($2.1 billion). According to Wam, the package will benefit over 5,685 people in the emirate and includes housing loans of all kinds worth AED 6 billion, of which 3,714 UAE citizens have …
Citizen housing benefits worth $2.1 billion announced by Abu Dhabi Read More »
Contracts to construct The Island, a project modeled after Las Vegas, have been given to a property developer in Dubai. China State Construction Engineering Corporation was given a contract worth AED 4.4 billion ($1.2 billion) by real estate developer Wasl, according to a MEED report. According to reports, the contract represents the biggest construction agreement …
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 …
The Beijing-based China State Construction Engineering Corporation has been given the estimated AED4.4 billion ($1.2 billion) contract by local developer Wasl to construct the Dubai project The Island. An important milestone for Dubai is the contract award. As per the regional projects tracker MEED Projects, this is the biggest construction deal in the emirate since …
Construction contract awarded to Chinese firm in Dubai since 2017 Read More »
According to a recent study, investments in some of Dubai’s most well-known school districts, like Mohammad Bin Rashid City and Al Khail, can yield returns of up to 43.7 percent over a five-year period. In addition to commanding attractive rental yields of approximately 6 percent per year, residential projects located near reputable schools can yield …
An investment in Dubai property by schools can boost returns by 44% Read More »
The pricing for apartments and penthouses at Eywa, a prestigious development by the renowned luxury real estate developer R.evolution, has been unveiled. Eywa, an innovative residential building that prioritizes the enhancement of well-being, aims to revolutionize urban living in Dubai. This groundbreaking project will be supervised by Open AD, the concept and design architect, with …
The prices for Eywa, a new luxury residence in Dubai, have been revealed Read More »
As part of a government initiative to provide citizens with high-quality homes, Abu Dhabi has unveiled a massive housing development that will give over 300 new homes to Emiratis. The Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, has opened the AED1.1 …
An Emirati housing project worth $299 million has been unveiled in Abu Dhabi Read More »
In the past three years, Dubai’s luxury real estate market has experienced a remarkable transformation that has established its position as the world’s top destination for wealthy individuals. Due to the city’s successful handling of the COVID-19 pandemic, as well as forward-thinking projects and a sharp increase in the demand for opulent real estate, Dubai …
