Arada Saudi Arabia has announced the launch of its new real estate development arm in Saudi Arabia, in strategic partnership with Ecstopia, which specializes in the development of multi-use communities and destinations, in a move aimed at enhancing its presence in the Saudi real estate market and developing integrated urban communities in a number of cities in the Kingdom.The new company is based on a land portfolio of about $13.34 billion, spanning an area of up to 10 million square meters, spread over strategic locations in Riyadh, Jeddah and Mecca, providing a broad base for launching major real estate projects that meet the growing demand for integrated residential communities.As part of the establishment of its business, Arada Saudi Arabia has appointed Mohammed Al-Dabaan, Chairman…

NHC has announced the start of housing the first families in the destination of Qamra in the eastern region of Saudi Arabia, in a move that reflects the progress of the development of the urban destination and its transformation into an integrated residential community, combining modern designs with various services and facilities that meet the daily needs of the population.Located strategically on the coast of the Arabian Gulf, Qumra is close to a number of vital locations, giving residents easy access to surrounding facilities and services, and enhancing its attractiveness as a residential destination that combines the privileged location with modern urban planning.    The destination extends over a total area of 1.4 million square meters and includes residential units…

MENA Properties, listed on the Kuwait Stock Exchange, confirmed that its profits during the second quarter ended September 30, 2026 increased by 59% annually, supporting the results of the first half of 2026.MENA recorded a profit in the second quarter of 20.94 thousand dinars, compared to 13.20 thousand dinars, the second quarter ended September 30, 2025, according to a statement by the Kuwait Stock Exchange on Tuesday.    The company recorded profits of 284.71 thousand dinars in the first half of 2026, compared to 162.75 thousand dinars in the corresponding period of 2025The company also achieved a profit of 284.71 thousand dinars in the first half of the year ending at the end of last September, compared to 162.75 thousand dinars in the corresponding period of 2025, an annual…

Henry Daniel, a specialist in credit and cross-border finance consultancy, has announced the opening of a representative office at the Dubai International Financial Centre (DIFC), marking the beginning of its expansion in the Middle East, as part of its international growth strategy.This expansion comes in light of the increasing number of investors, entrepreneurs and wealth owners whose business, assets and sources of income are distributed in more than one country, and it may be difficult for some of them to obtain financing according to the usual conditions of banks and funding bodies, which enhances the need for specialized consultations that help them to reach financing solutions that suit the nature of their business and wealth.Founded in 2019, Henry Daniel is a company that…

Al-Andalus Real Estate Company announced the purchase of its wholly-owned subsidiary, Al Andalus Logistics Facilities Company, for a land dedicated to logistics use in Al-Mashaal neighborhood in Riyadh, with an area of 44,550 square meters, with a total value of $ 22.35 million (83.8 million riyals), including real estate tax and pursuit fees.The company said in a statement on "Tadawul Saudi" on Monday that the acquisition comes within the framework of the implementation of its announced strategy for the period 2026-2030, which aims to diversify the investment portfolio and expand the logistics sector, through the development of high-quality logistics warehouses that provide storage spaces that meet the requirements and requirements in force.The deal was concluded between Ahmed Sulaiman…

Azizi Developments Company has announced the start of the implementation of residential projects dedicated to workers in Dubai and Sharjah, with a capacity of more than 31 thousand workers when completed, including a main complex in the Sajaa area in Sharjah, which includes 36 residential buildings, in addition to two complexes in the Jebel Ali Industrial Area in Dubai, with the projects to be delivered in phases until late 2027.The company said in a press statement that the new projects include health care facilities, vocational training, sports and recreational activities, in addition to food and kitchen services dedicated to preparing meals, within integrated residential complexes for workers in its construction and industrial projects.Residential complex for more than 20 thousand…

Official data on real estate prices in Dubai during 2025 revealed an increase in the average selling prices of residential units, villas, commercial and luxury real estate, in conjunction with the increase in rents of apartments, villas and commercial real estate, according to the annual report of the Dubai Real Estate Market for 2025, issued by the Dubai Land Department, which was officially published in October 2026, and a copy of which was seen by Al Masdar Real Estate.The report showed that the average selling price of residential units in Dubai was about $5,627 per square meter (20,666 dirhams), equivalent to about $523 per square foot (1,920 dirhams), an annual increase of 6% compared to 2024.The average price of residential villas is about $4,572 per square metre (16,791 dirhams),…

Tomorrow World Properties, the Dubai-based real estate developer, has unveiled the Bay Interiors by Missoni project on the main marina in the Dubai Islands, in collaboration with Italian fashion house Messoni, in preparation for its official launch. The project includes 132 apartments spread over 14 residential floors, according to the developer’s official website.The project is located on the island of A, next to the main yacht club, and the planned group includes two- and three-bedroom apartments, as well as penthouse apartments. Additional details and the official launch date are due to be announced later, while the statement did not include apartment prices or delivery dates.The architectural design focuses on open looks, natural lighting and connecting the interior spaces to…

EVA Hotels & Resorts, listed on the Kuwait Stock Exchange, has launched its latest residential project in South Africa, Villasta, located in the resort of Zimbali Lakes on the north coast of KwaZulu-Natal province, expected to be completed by the end of 2028.The project includes 146 luxury residences and is part of a series of projects through which the company plans to offer real estate worth nearly one billion rands in the market over the next five years, according to the company’s statement to the Kuwait Stock Exchange on Monday.    The project includes 146 luxury residences in a series of projects through which the company plans to put one billion-rand properties on the market over the next five yearsConstruction is scheduled to start in the first quarter of 2027,…

Al-Andalus Real Estate Company, listed in the Saudi market, announced the completion of its wholly-owned subsidiary, Al-Andalus Logistics Facilities Company, to buy land for logistical use in Al-Mashaal neighborhood in Riyadh, with a total value of SAR 83.8 million, including real estate transactions tax and pursuit fees.The company confirmed that the land area is 44.55 thousand square meters, and was purchased from Ahmed Sulaiman Al-Fahad and Sons, with the aim of developing logistics warehouses, as part of the company’s strategy for the period from 2026 to 2030, which aims to diversify its investment portfolio and expand the logistics sector, according to the company’s statement on “Tadawul” on Monday.    The land area is 44.55 thousand m2 and was…

SAMANA Developers has announced the launch of SAMANA COLLECTA, its new premium real estate brand, marking the next phase of the company’s growth and its expansion into premium, lifestyle-led development. Having established itself among Dubai’s top 10 developers and launched 54 projects in Dubai alone, SAMANA is now creating a dedicated platform for a more selective portfolio of developments defined by distinctive locations, state-of-the-art design, international brand collaborations and highly curated residential experiences. SAMANA COLLECTA is built around a “life first” philosophy - choosing locations not simply for their address, but for the life they can enable. The company plans to establish the brand through a pipeline of destinations in Dubai and…

Reportage Group continues to expand its international presence through its strategic partnership with Sabah Investment Group, as the two companies hosted an event in Abu Dhabi to showcase four real estate projects within Sea Breeze, an integrated residential and resort destination on the Caspian coast near Baku, Azerbaijan. Bringing together sales teams, media representatives and guests, the event highlighted Azerbaijan’s role in Reportage Group’s international growth strategy and how the projects contribute to the wider vision for Sea Breeze. The event featured Reportage Heights, Panorama by Elie Saab, Arabian Ranches Baku and Brabus Island, highlighting their master plans, key features and positioning within the wider destination. It also provided attendees and media…