News

Aldar announced today that Manarat Living III, the final edition of its design-led urban collection on Saadiyat Island, sold out in just 24 hours, generating AED 940 million in sales. The speed at which the community sold out reflects Saadiyat Island’s reputation as Abu Dhabi’s most sought-after neighbourhood with a collection of unique residential concepts that are attracting significant local

Modon Holding P.S.C today announced the formation of a new 50:50 Joint Venture (JV) with Broadgate REIT Limited to deliver 2 Finsbury Avenue, a 750,000 square feet world-class development at Broadgate. Modon will own a 50% stake, while British Land and GIC will each retain 25% ownership in the asset going forward through their ownership of Broadgate REIT. The JV marks Modon’s

Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding have commenced the groundbreaking of W Residences Abu Dhabi - Al Maryah Island. This announcement marks the first W Hotels branded residences in Abu Dhabi, symbolising a milestone in the collaboration between Taraf and Marriott International. The groundbreaking signifies the start of construction for this landmark project, blending bold

Bayut, the leading property portal in the UAE, has released its Abu Dhabi Annual Property Market Reports for 2024. The reports reveal significant growth across both the affordable and luxury sectors. Abu Dhabi Residential Property Sales Analysis Al Reem Island stood out as the premier choice among potential homebuyers looking for affordable yet upscale apartments in Abu Dhabi, with Al Reef

The United Arab Emirates (UAE) has an estimated population of approximately 12.50 million people. The population distribution across the seven emirates is as follows: Dubai: 3.81 million Abu Dhabi: 3.79 million Sharjah: 1.8 million Ajman: 0.5 million Ras Al Khaimah: 0.4 million Fujairah: 0.3 million Umm Al Quwain: 0.1 million The UAE’s population is characterized by a significant expatriate presence, with foreign nationals comprising approximately 88.1% of the total population. Because

Modon Holding P.S.C (“Modon Holding”), an Abu Dhabi based holding company,today announced that as a continuation of its international investment and expansion strategy, has completed the acquisition of 100% of La Zagaleta S.L(“La Zagaleta”), the owner of the exclusive La Zagaleta residential estate in Costa del Sol, Spain, marking a significant milestone forModon Holding’s entry into Europe’s luxury real estate

Bloom Holding, one of the UAE’s foremost real estate development companies, has received three awards at the 2024 Arabian Property Awards for its fully integrated and all-inclusive project in Abu Dhabi, Bloom Living. This significant achievement marks the third consecutive year that Bloom Holding has been recognized by the Arabian Property Awards, highlighting the company’s dedication to developing premium communities that

RB Capital/Royal Holdings announced today that it will be launching their family office in Abu Dhabi. The Singapore real estate conglomerate made the announcement during the Abu Dhabi Finance Week 2024, running from December 9 to 12, 2024. The opening of the group’s family office will expand their reach across the Middle East with their newly set up office in ADGM.

Luxury real estate developer Ohana Development is proud to announce its multi-year partnership with Premier League football club West Ham United. The official signing ceremony took place on the 20 November 2024 in London, where Husein Salem, CEO of Ohana Development, and Nathan Thompson, Chief Commercial Officer at West Ham United, signed the multi-year agreement,cementing the partnership that goes beyond

Deyaar Development PJSC, a leading property developer in the UAE, has announced the complete sell-out of RIVAGE—its latest and first residential project in Abu Dhabi. Located on the prestigious Al Reem Island in the Abu Dhabi emirate, the rapid sell-out reflects the overwhelming demand from both investors and homebuyers. The sales event attracted exceptional attendance, underscoring the strong interest in