Nordic by fäm plans to develop two luxury Mansion-class villas on the waterfront of the Palm Jebel Ali project in Dubai, with a target sale price of about $ 68.1 million (250 million dirhams) per palace, to be completed in 2029, and put up for sale after the completion of the work.According to a press release issued today by the company and received a copy of it, the total target value of the two palaces together is about 136.1 million dollars (500 million dirhams), while the project is currently in the final stages of the design.The built-up area of each palace is about 20 thousand square feet, on a plot of land overlooking the sea with an area of 25 thousand square feet, with a design focused on natural lighting, privacy and sea views.Nordic by Fam follows fäm Properties and…

H&H Developments has launched Water Gardens in the Dubai International Financial Centre (DIFC), which includes four office spaces with a total net leasable area of about 236.4 thousand square feet (21,965 square meters), as well as residential units and hotel and commercial facilities, with the project completed in 2028.According to a press release issued by the company today, the construction of the project is currently continuing, while its components include a 5-star hotel, a group of shops, restaurants and public spaces, distributed around a central garden and water bodies.The project is located in the heart of the Dubai International Financial Centre (DIFC), about 300 metres from the Financial Centre Metro Station, and is directly connected to the Jet Avenue area and the…

UAE-based company Eagle Hills plans to invest between $16 billion and $17 billion in Syria, as part of a plan to develop two large real estate and tourism projects in Damascus and Latakia, in a move that will put the company among the most prominent foreign investors in the Syrian market during the reconstruction phase.Mohammed al-Abbar, founder of Emaar Properties, founder of Eagle Hills and chairman of its board of directors, revealed on Wednesday that the company aims to employ these investments in two projects, one in the capital Damascus and the other in the coastal city of Latakia.The move comes after Eagle Hills announced in early October the signing of a framework agreement with the Syrian Ministry of Public Works and Housing to develop residential and tourism projects, including…

Aldar Properties, listed on the Abu Dhabi Financial Market, has announced the signing of a pre-purchase agreement with Arada worth AED 1.1 billion to acquire three residential complexes with more than 1,100 units distributed over 9 buildings in the Aljada project in the Emirate of Sharjah.The company said that the deal represents its first real estate investment in Sharjah, and raises the value of its portfolio of “development and retention” projects to 21 billion dirhams, stressing that Arada will complete and deliver buildings during the fourth quarter of 2029, noting that the acquired units will be allocated mainly for long-term residential rent, according to a statement of the company on Thursday.    The delivery of residential units in the project began in 2021…

Mohammed al-Abbar, founder and chairman of Eagle Hills, said on Wednesday that the company plans to invest between $16 billion and $17 billion in Syria as part of its plans to develop two real estate projects, one in Damascus and the other in Latakia.Alabbar is also the Managing Director of Dubai-based Emaar Properties, the developer of Burj Khalifa, the world’s tallest tower.Syria is back on the world tourism map. Major hotels are racing for investment opportunitiesEagle Hills is a private real estate development company founded by Emirati businessman Mohammed Alabbar in 2014 and focused on the development of cities and mixed-use projects in emerging markets, with projects in the UAE, Serbia, Albania, Bahrain, Morocco, Ethiopia and others.

The Ordinary General Assembly of Makkah Construction Company, listed in the Saudi market, approved the license of the interest in the contracts that have been concluded and are carried out until the end of 2026 between the company and the company "Innovative Industrial Roots", with a total value of 371.97 million riyals, without preferential conditions.She explained that the General Assembly approved the license of the interest in the contracts that have been and are carried out until the end of 2026 between the company and the Bank of Al-Jazira, which is to obtain bridging financing for three months worth 880 million riyals, without preferential conditions, according to a statement of the company on Tadawul on Wednesday.She said that the first contracts of the Chairman of the Board of…

Masqa Investment Company, listed in the Saudi Parallel Market (Nomu), announced the signing of a contract to sell 25% of the total housing units in the “Mesqa 30” project in Al-Safa neighborhood in Riyadh, for the benefit of the National Development Housing Corporation (Sakun), worth 13.47 million riyals.The company confirmed that the value of the contract does not include the real estate transaction tax or the commissions of the quest, pointing out that the procedures for transferring the ownership of the units sold will be completed within a period not exceeding 60 days from the date of signing the contract, according to a statement of the company, on Wednesday.    The transfer of ownership of the sold units will be completed within a period not exceeding 60 days…

King Salman Energy City (Spark) and Dhalipal Holdings Limited have announced the signing of a 25-year land lease agreement on an area of (1,030,916) square meters in Spark, in a move that is a major milestone in Dylibal’s plans to establish a sophisticated base for the smart manufacturing of energy equipment in Saudi Arabia.Under the agreement, Dalibal International Industries, a wholly-owned subsidiary of Dalipal Holdings Limited (HKEX: 1921), will develop the site to serve a key manufacturing platform serving Saudi Arabia, the Middle East and international markets, according to the Saudi Press Agency (SPA).    The total investment of the project in the Kingdom is expected to reach 2.1 billion dollars and the investments of the first phase will reach 600 million…

Dubai recorded around 104 real estate projects worth more than Dh100 billion in the first half of 2026, a 52 percent increase in project value from the same period last year, as the emirate continues to expand its property market and attract long-term investment. The projects added more than 24,000 new real estate units, up 36 percent year on year, according to figures shared by Dubai Land Department officials at the Rise Summit 2026. Omar Bu Shehab, Director General of the Dubai Land Department, said the sector’s growth reflects Dubai’s long-term development vision, supported by advanced infrastructure, a competitive business environment and effective public-private partnerships. The sector’s performance aligns with the Dubai Economic Agenda D33, the Dubai Real…

Muscat: Oman Tourism Development Company (OMRAN Group) has signed three strategic development agreements with Hassan Allam Holding, through its real estate development arm Grova Developments, and Aurelian Development to deliver integrated residential and tourism projects at Madinat Al Irfan and Yiti Integrated Tourism Development. The agreements represent a combined development and investment value exceeding RO122 million (approximately $318 million). The agreements reflect OMRAN Group’s continued focus on building partnerships with experienced investors and developers, attracting foreign direct investment (FDI), and accelerating the development of priority tourism and urban destinations across Oman. Madinat Al Irfan: Launching the First Phase of Residential Development The…

UAE-based Azizi Developments is set to host its biggest-ever sales event for Azizi Florence, a AED30 billion ($8.2 billion) master-planned community in Sharjah, on October 14. Marking the opening of the new Azizi Florence Sales Centre in Um Fanain, Sharjah, the event will welcome prospective homeowners, investors and brokers to explore the development's diverse residential offerings. The offerings include three-bedroom residences starting from AED 2.09 million, with a 30/70 payment plan available to buyers. Visitors will also benefit from exclusive one-day offers, including a 2% Sharjah Real Estate Registration Department (SRERD) fee waiver on eligible purchases, along with access to a selection of grand villas and spacious townhouses. The event will give visitors the opportunity to…

Major infrastructure projects worth billions of dirhams are expected to reshape Dubai’s real estate market by improving connectivity, supporting urban expansion and increasing the appeal of emerging residential and commercial districts, according to a leading UAE brokerage study by W Capital Real Estate Brokerage. The study identified four major projects – the AED128 billion ($34.9 billion) expansion of Al Maktoum International Airport, the AED20.5 billion Dubai Metro Blue Line, the Fourth Federal Corridor and Etihad Rail – as potential drivers of property demand and investment across Dubai and the wider United Arab Emirates. Property and land values around Dubai Metro Blue Line stations could rise by up to 25%, according to projections by Dubai’s Roads and…