US$ 796.8 Million Of Global Private Capital Takes Aim At Abu Dhabi And RAK Property Markets
High-net-worth-individuals (HNWI) around the world are prepared to spend US$ 408.3 million on residential real estate in Abu Dhabi and a further US$ 388.5 million in Ras Al Khaimah, according to global property consultancy, Knight Frank's second annual 2024 Destination Dubai report. Knight Frank has surveyed 317 HNWI – 217 around the world and 100 GCC-based HNWI expats – to gain
Origin Private Office Looks To Contribute To UAE’s Prosperous Real Estate Sector
With the UAE’s real estate market continuously prospering, the requirement for industry specialists becomes more of a necessity for key players looking to expand their services in this very competitive market. According to data analytics online platform, Statista, the UAE real estate market is anticipated to reach a value of just over AED 2.6 trillion (2.6057) by the end of
Luxury In The Making: 7 Of Abu Dhabi’s Most Anticipated Luxury Developments
SHA Residences, Al Jurf Set to hand over in 2026, SHA Residences brings a unique blend of luxury and wellness to the tranquil surroundings of Al Jurf. With prices starting from AED 4,600,000 for apartments and soaring to AED 29,900,000 for villas, this development offers a variety of living options from cosy apartments to expansive three-level villas. Each residence combines elegance
Abu Dhabi’s Office And Industrial Sectors Showcase Robust Growth Amid Economic Expansion
Abu Dhabi has experienced a thriving first quarter in both the office and industrial sector, driven by steady economic growth and strategic investments, as per two latest reports by Savills on the capital’s office and industrial sectors. Investors and foreign professionals continue to flock to the capital, leading to increased demand for commercial office space, which was reflected by a
Aldar Sells Out First Two Phases Of Athlon In 48 Hours Generating AED 4.1 Bln
Aldar Properties (‘Aldar’) today announced the successful sell-out of the first two phases of its unique active living concept, ‘Athlon’ within 48 hours of launch, generating AED 4.1 billion in sales. The community is Aldar’s second development in Dubai in partnership with Dubai Holding, a diversified global investment company with investments in 31 countries. Aldar completed the sale of more than
Abu Dhabi ushers In A New Era Of Luxury Living As Ohana Development Launches Elie Saab Waterfront, The First Branded Residence On Al Reem Island
In a groundbreaking development for the luxury real estate market in Abu Dhabi, Metropolitan Capital Real Estate (MCRE), a leading full-service real estate agency and part of the Metropolitan Group as the leading associate, is supporting the launch of Elie Saab Waterfront by Ohana Development, the first branded residence on Al Reem Island. Ohana Development announced its Elie Saab Waterfront project,
Palette Resorts Launches State Of The Art Luxury Residential Cum Retail Tower In Tourist Club Area, Plans To Open Over 1000 Apartments
Palette Resorts launches state of the art luxury residential cum retail tower in Tourist Club area, which is also known as Al Zahiyahin Abu Dhabi, with 100 thoughtfully designed one- bedroom units. It plans to add 1000 apartments in AbuDhabi in 2024 to meet the growing demand of long terms rental accommodation by the expats. Located on the eastern side of
Jubail Island Completes The Construction Work On “Nad Al Dhabi” Village
Jubail Island, the AED 15 billion project in the heart of Abu Dhabi, has announced the completion of construction works in Nad Al Dhabi village. This milestone highlights the island’s development works are progressing according to delivery timelines, and in line with Abu Dhabi’s urban development plans. Nad Al Dhabi Village successfully handed over 44 residential units to the first group
Miral Destinations To Showcase Latest Attractions On Yas Island And Saadiyat Island At Arabian Travel Market 2024
Miral Destinations, a subsidiary of Miral and the trusted one-stop trade and promotional partner for Yas Island and Saadiyat Island Abu Dhabi, is set to showcase its latest offerings, attractions and unveil Saadiyat Island’sforthcoming ‘Elevate Your Senses’campaignat the Arabian Travel Market (ATM) 2024. Scheduled to take place from May 6 - 9 in Dubai, ATM offers unparalleled stage for Miral
Abu Dhabi’s Aldar Q1 2024 Net Profit Jumps 88%, Beats Estimate
The Abu Dhabi-listed Aldar Group's Q1 net profit surged to 1.6 billion UAE dirhams ($436 million) in Q1 2024, up 88% year-on-year (YoY), on continued growth in demand for homes in the UAE. The profit beat analysts’ mean estimate of AED 1.03 billion, according to LSEG data. Group revenue for the UAE real estate developer and investor stood at AED 5.6 billion