Emaar Capital announced the approval of its Board of Directors on the resignation of CEO Abdulaziz Ibrahim Al-Nuwaiser, to be valid from the thirty-first of October two thousand and twenty-six; because of his professional commitments.The company said in a statement published on Tadawul that the decision of the Board of Directors was issued to pass on the tenth of October, based on the recommendation of the Nomination and Remuneration Committee.In the same context, the Board approved the appointment of the current Vice Chairman of the Board of Directors Nayef Saleh Al-Hamdan as Managing Director of the company, as of November 1st, two thousand and twenty-six.    Al Hamdan has more than twenty years of experience in the fields of investment, investment banking and real estate…

The Syrian Investment Authority announced the launch of a new regulatory framework for investment in the real estate and construction sectors, including a package of procedural facilities and tax and customs incentives, in addition to special controls for advertising, promotion and sale on the map, and mechanisms to protect the funds of projects and investors.The Authority explained that the framework gives investors greater flexibility in the structuring of their projects, by allowing the establishment of joint-stock companies or limited liability or companies of one person, in addition to the special purpose companies (SPV) dedicated to the implementation of specific projects.At the level of procedures, the new system allowed not to resubmit documents or studies that have already been…

Azha Properties has announced the progress of the Amwaj Tower residential project on the Ajman Corniche, with a total investment of about $299.5 million (AED 1.1 billion), with the start of the delivery of residential units to buyers by the end of 2029.According to a press release received by Al Masdar Real Estate Platform, on Friday, October 9, 2026, the total area of construction in the project is about 1.48 million square feet, and it is located steps away from Ajman Beach, and provides residential units with large areas and panoramic views of the sea.The company explained that the construction work has reached an advanced stage, with the intensification of implementation processes according to the schedule set for the completion of the project, without disclosing the current…

Hazza Zaal, CEO of Al Barari and Founder of Elemental Developments, has launched Elemental 78, a completed boutique residential development that brings nature-led design and resort-style amenities to Jumeirah Garden City  Featuring a limited collection of one, two and three-bedroom apartments, Elemental 78 carries the philosophy behind Al Barari into an urban setting. Climbing greenery, mature planting and thoughtfully landscaped spaces connect residents with nature throughout the building, shaping an environment centred on comfort, wellbeing and everyday living. A defining feature of the development is its collection of resort-style amenities. The rooftop swimming pool and private cabanas create a setting for relaxation above the city, complemented by a miniature garden, viewing…

Kuwait Authority for Partnership Projects (KAPP) has selected a preferred bidder for a 2.15 million Kuwaiti dinar ($7.1 million) consultancy contract to prepare feasibility studies and oversee the re-tendering of 23 real estate projects on state-owned land, according to local Arabic-language newspaper Al-Qabas. The preferred bidder was selected from three shortlisted international consulting consortia, the report published on Thursday said. KAPP has referred the selection to the State Audit Bureau for approval before signing the contract, with a response expected in the coming weeks. The report did not disclose the identities of the bidders. The projects list for retendering, according to a previous notice issued in January 2026, include the Fahaheel Waterfront Development (Al Kout);…

BEYOND Developments, a subsidiary of Omniyat Omniyat Group, has launched The Yards Plaza, which includes 272 offices spread over four buildings in the City of Arabia area within Dubailand, on Sheikh Mohammed bin Zayed Road, to be completed during the third quarter of 2029, becoming the second project in the Dubai commercial real estate sector.The Yards Plaza is part of the masterplan for The Yards in Dubai, which Beyond announced its launch in June 2026 with a development value of about $1.09 billion (AED 4 billion) and extends over an area of 165,000 square meters in the City of Arabia area of Dubailand.The project is located on Sheikh Mohammed Bin Zayed Road, near IMG World of Adventure and Global Village. According to the information published on the company’s official website,…

Abu Dhabi Commercial Bank (ADCB) has entered into a partnership agreement with ORA Developers to provide mortgage solutions for the purchase of units under construction in a project between BAYN in Ghantoot between Abu Dhabi and Dubai, after completing the payment of 50% of the value of the property, with the possibility of obtaining preliminary approvals up to 12 months in validity.The agreement includes the Ben project, which is being developed by Aura Developments as part of its strategic partnership with MODON Holding, and its master plan extends over an area of 4.8 million square meters, while its first phase includes 464 villas and a townhouse.Under the agreement, eligible customers can obtain real estate financing during the construction phase to cover the remaining amounts due…

Dubai Retail, a subsidiary of Dubai Holding Asset Management, has unveiled the new Skylight Mall shopping mall project in Dubai, which is scheduled to open in 2027 and features more than 360 stores on a total lease area of 1.3 million square feet.The new mall is located on Al Khail Road in Dubai, close to a number of residential areas, including the Jumeirah Village Triangle, Jumeirah Islands and Springs, offering a range of retail stores, restaurants, recreational facilities and daily services.With the opening of Skylight Mall, the number of shopping malls, commercial and leisure destinations within Dubai Retail’s portfolio will increase to 58 destinations across the emirate.Skylight Mall in DubaiSkylight Mall is located on Al Khail Street, one of Dubai’s main traffic hubs,…

Emirates NBD expects to deliver some 62,000 residential units currently under development in Abu Dhabi by 2030, as new real estate projects in the emirate continue to expand, particularly in key investment areas such as Yas Island, Saadiyat, Reem and Hudayriat, in conjunction with the strong growth in Abu Dhabi’s residential real estate market.The bank’s forecasts came in a recent report on the Abu Dhabi real estate market, issued on October 9, 2026, and revealed that residential real estate sales amounted to about $ 19.3 billion (71 billion dirhams) during the first half of the year, while sales on the map accounted for 82% of the total number of residential deals.The report pointed out that the value of residential real estate sales in Abu Dhabi amounted to about $ 19.3…

Rafad Real Estate Investment and Development Company will present its vision in the development of integrated urban destinations and mixed-use projects, during its participation in the exhibition "Opportunities of the East", which was launched on Wednesday, under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al Saud, Governor of the Eastern Province, at the Dhahran Expo Center in Al-Khobar, and will conclude on Thursday, with the participation of a group of developers, investors, experts and those interested in the real estate development sector in the Kingdom.According to a press release issued by the company, Property Middle East received a copy of it, during its participation, Rafad is reviewing a number of its projects that contribute to supporting the urban…

Abu Dhabi is entering a major growth phase with the development profile of a far more established branded residences market, with 92% of projects in its pipeline now standalone, according to The Brand Standard, the inaugural annual report from specialist advisory firm Global Branded Residences (GBR). The findings come as the global branded residences sector reaches 1,972 schemes across more than 100 countries, comprising 848 completed developments and 1,124 in the global pipeline.  The Brand Standard also finds that branded residences now achieve an average price premium of 44% compared with equivalent non-branded residential products globally. Abu Dhabi now has 31 branded residence projects, comprising five completed developments and 26 in the pipeline. This makes the UAE capital…

Abu Dhabi is entering a major growth phase with the development profile of a far more established branded residences market, with 92% of projects in its pipeline now standalone, according to The Brand Standard, the inaugural annual report from specialist advisory firm Global Branded Residences (GBR). The findings come as the global branded residences sector reaches 1,972 schemes across more than 100 countries, comprising 848 completed developments and 1,124 in the global pipeline.  The Brand Standard also finds that branded residences now achieve an average price premium of 44% compared with equivalent non-branded residential products globally. Abu Dhabi now has 31 branded residence projects, comprising five completed developments and 26 in the pipeline. This makes the UAE capital…