UAE - Al Hamra, a leading lifestyle developer and real estate investment company in Ras Al Khaimah, has announced the development of Al Hamra Waterfront, a waterfront residential project within its flagship and award-winning residential community of Al Hamra Village.   Located along the shores of the Royal Yacht Club of Ras Al Khaimah, the project comprises 622 apartments across five 18-floor buildings and 19 townhouses encompassing four clusters, with each residence featuring sea view and a balcony.   With a starting price of AED1.1 million ($300 million), Al Hamra Waterfront consists of studios, one-, two-, and three-bedroom apartments and four-bedroom, duplex townhouses.   The project comes with a plethora of amenities, including a promenade, coworking space,…

During the first quarter of this year (Q1 2024), the real estate sector in Sharjah succeeded in achieving a trading value of AED 10 billion, with an increase rate of 67.1 percent compared to the same period last year. This is due to the increase in sales transactions of various types, including sales, usufruct sales, and initial contracts, as their total amounted to 6,146, compared to 3,011 transactions for the same period last year.   Moreover, and according to the “Quarterly report on the real estate sector performance” issued by Sharjah Real Estate Registration Department, the total number of transactions reached 23,478, with a growth rate of 9.3 percent compared to last year. While the total area traded reached 28.3 million square feet.   In this context,…

ARA Real Estate Development, a Core Holding subsidiary, has unveiled the Arabian Hills Estate, a master-planned, gated community in Abu Dhabi, at an exclusive event held in Madinat Jumeirah, Dubai.   The company said it has assumed the full development and management responsibilities for the AED22 billion ($6 billion) project.   DECA Properties will be the exclusive sales and marketing partner for this ambitious 244 million-sq-ft project in Abu Dhabi.   This partnership marks a significant step towards realising the vision of Arabian Hills Estate and aligns with the capital city’s 2030 vision for sustainable development and community-centric living, said a statement.   Arabian Hills offers open, freehold ownership, appealing to a diverse clientele seeking…

UAE-based Aroma International Building Contracting has announced that it has completed 10% of the work on Helvetia Residences, the inaugural project of renowned Swiss developer DHG Properties in Jumeirah Village Circle (JVC), under a AED250 million ($68 million) deal. The deal was inked following the official launch of its off-plan sales earlier this year. Upon completion, the project will add to DHG’s portfolio of more than 2 million sq m of residential and commercial space that has been developed globally. According to DHG, its flagship 430-unit project is set for handover in Q2 2026. As the Helvetia Residences comes to fruition, DHG’s Swiss engineers are working on the ground with Aroma’s well-experienced team to ensure both precision and excellence, said a top…

UAE - Halfway from Abu Dhabi and Dubai is the seaside destination of Al Jurf, surrounded by lush trees and gazelles roaming around in the natural environment. Now, this hidden gem at the border area is set to be the first healthy living island in the world.   Abu Dhabi-based real estate developer IMKAN in partnership with world-renowned SHA Wellness Clinic will be constructing SHA Residences Emirates – a private island integrating aspects of holistic wellness, a health resort, residential offerings with 86 villas, 49 apartments, two penthouses all with beach access, a long coastline, natural weather, and a Royal connect.   “We have here turquoise water, cooler temperature, and breeze. This is the place where the late Sheikh Zayed bin Sultan Al Nahyan used to come…

ARA Real Estate Development, a Core Holding subsidiary, proudly assumed the full development and management responsibilities for the Arabian Hills Estate during an exclusive event recently held in Madinat Jumeirah last night. DECA Properties will be the exclusive sales and marketing partner for this ambitious 244 million-square-foot project in Abu Dhabi.   This partnership marks a significant step towards realizing the vision of Arabian Hills Estate and aligns with the capital city’s 2030 vision for sustainable development and community-centric living. Arabian Hills Estate is a master-planned, gated community that embraces innovation and sustainable living.   It offers open, freehold ownership, appealing to a diverse clientele seeking a modern lifestyle. The project…

Dar Global, the London listed luxury international real estate developer, has announced a new partnership with Aston Martin. The collaboration will see the British ultra-luxury marque carefully craft interiors for an exquisite beachfront residential development in Ras Al Khaimah, United Arab Emirates.   To be officially unveiled in May, the new development will be situated on the majestic Al Marjan Island. It is the first time Aston Martin’s internationally acclaimed design team has applied its renown to a real estate project in the GCC, building on successful brand collaborations in the United States and Japan. To be strategically positioned on a pristine location near the highly anticipated Wynn Resort, the new residence, with interiors by Aston Martin, promises to bring…

Bloom Holding, a UAE-based real estate development company, has announced the launch of ‘Olvera’, the sixth phase of Bloom Living, its fully integrated and all-inclusive community in Abu Dhabi.   Named after the ancient Spanish city, Olvera offers premium two and three-bedroom townhouses scheduled to be completed in Q3 2027. Prices start from AED1.8 million with attractive post-handover payment plans.   Inspired by Mediterranean architecture, units at Olvera are thoughtfully designed to welcome spacious indoor-outdoor living with open floor plans, carefully planned kitchens, elegant and modern finishings, as well as access to top-class amenities, providing residents with an exceptional community living experience.   All villas and townhouses in Bloom…

To establish Saadiyat Grove, an integrated mixed-use project currently under development in Abu Dhabi’s cultural center, as a premier example of smart urban living worldwide, Aldar Properties (Aldar) has announced a partnership with Siemens. At today’s World Future Energy Summit (WFES) in Abu Dhabi, the agreement was signed.   Throughout the Saadiyat Grove community, Aldar will implement the first cloud-based smart district management system in the UAE, making use of the Siemens Xcelerator portfolio and its cloud-based Building X platform. The project is the largest smart technology investment made in a mixed-use residential and commercial real estate development globally to date.   In keeping with Aldar’s Net Zero Plan, the system will support emission…

AJMAN - The total value of real estate transactions in Ajman reached AED4.3 billion during the first quarter of 2024, reflecting a remarkable growth of over 26.6% compared to the same period in 2023.   Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation in Ajman, commented, "The exceptional performance of the real estate sector reflects the emirate's sound economic leadership and its commitment to fostering a robust and competitive economy."   He further highlighted the significant contribution of the Ajman Real Estate Investment Exhibition in driving market momentum and achieving positive results.   The exhibition witnessed the conclusion of 336 real estate transactions worth AED195.8 million, underscoring investors…

Snoopy Island in Fujairah is a stunning destination that attracts adventurous travelers seeking a picturesque experience. This rocky island is situated off the coast of Al Aqah and is known for its unique shape resembling the iconic comic strip character, Snoopy. The island features three distinct sections that resemble Snoopy’s nose, stomach, and feet. Accessible to many of Fujairah’s top luxury hotels, Snoopy Island is a must-visit for those looking to explore the beauty of the region. Location: Located just 10 km from Al Bidya, 22 km from Khor Fakkan, and 51 km from Fujairah, Snoopy Island is a picturesque rocky island situated in the Indian Ocean near Al Aqah, close to Fujairah city. This stunning island is a must-visit destination in Fujairah, attracting visitors from…

Major real estate projects have flooded Ras Al Khaimah in recent years, completely changing the local real estate market. With branded residences, world-class hotel brands, and opulent real estate developments, Ras Al Khaimah has established itself as a prime destination for real estate investment in the United Arab Emirates. Unprecedented demand was seen in Bayut’s 2023 RAK Market Report for real estate in upscale island and waterfront neighborhoods like Al Hamra Village, Al Marjan Island, and Mina Al Arab. These neighborhoods’ skylines are still being shaped by opulent developments; some homes are listed for more than AED 80 million. According to Bayut, apartment prices have increased by almost 20 percent since last year, making these waterfront communities the most…