The Middle East and Africa (MEA) flexible workspace market has reached a critical inflection point, according to a new report by real estate industry expert JLL, which finds that over 90% of the region’s corporate real estate portfolios remain committed to traditional, long-term leases.
The Dubai real estate market recorded 37,429 sales transactions worth AED92.9 billion ($25.3 billion) in Q3 as primary sales from developers continued to outpace resales, and the rental sector remained on track to set an all-time record, said a report, adding Dubai South lead the off-plan sales for seventh consecutive month.
Leading luxury project developer Sobha Realty has announced that one of its key subsidiaries has broken ground on Anantara Siniya Island Resort and Anantara Residences Sobha Siniya Island in the northern emirate of Umm Al Quwain, featuring 125 hotel keys and 125 Anantara-branded residences.
Tecnimont, a leading global contractor for highly complex plants based in Italy, and Consolidated Contractors Company (CCC), a major construction company in the Middle East, have signed a major construction contract with Saudi oil giant Aramco for its Safaniyah Water Injection Project.
Leading UAE developer Arada has announced the expansion of Roberts Co into the UAE, bringing the tier-one Australian construction company's expertise to the region as part of its strategy to integrate best-in-class construction capability directly into its development process.
Dubai is set to welcome Club 15, a new 15,000 sqm sports and lifestyle destination at Al Quoz this month. Founded by Lebanese basketball legend Fadi El Khatib, it brings professional-level sport, training, recovery, wellness, family activities, hospitality and social spaces together under one roof.
Saudi Entertainment Ventures (SEVEN) has completed 70% of construction work on its prime destination along the Jazan waterfront - SEVEN Jazan - logging more than seven million working hours without any lost-time injuries, in line with its commitment to health and safety standards on site.
Saudi-based Diriyah Company has announced that it has awarded two major construction contracts worth SAR2.73 billion ($720 million) to build six luxury hotels and three residential assets in Diriyah Square, thus boosting Diriyah’s position as an urban destination to live, work and visit.
The Department of Culture and Tourism – Abu Dhabi has unveiled the architectural vision for Guggenheim Abu Dhabi, designed by Frank Gehry and set to open on December 11, 2026. The museum’s site-specific design responds to Abu Dhabi’s landscape, climate and cultural identity.
Saudi buyers are prioritising cost-effective, amenity-rich communities that balance value with lifestyle, with quality-driven purchasing decisions increasingly across Riyadh, Jeddah, Makkah, Madinah and the Dammam Metropolitan Area, said a report released ahead of Cityscape Global 2026 expo in Riyadh.
