MAIR Group, a strategic investment company focused on grocery retail and commercial real estate in the UAE, has signed a sale and purchase agreement for a land plot located in Abu Dhabi's Al Reem Island, with a transaction value of AED85 million ($26 million).
In a major move, Kuwait has allowed listed shareholding companies, property funds and investment portfolios with foreign ownership to buy real estate in the country. However, these firms won't be able to purchase land used for private housing.
Dubai master-developer Emaar Properties plans to invest more than $16 billion in real estate and tourism development projects in Syria, with investment decisions guided by economic feasibility, development potential and social responsibility amid ongoing economic and geopolitical challenges, said its top official.
Dubai's property sector capped a historic year in 2025 with both primary and resale markets posting strong gains, while rising property values and accelerated construction activity signalled continued market strength heading into 2026, said a report.
Kuwait Authority for Partnership Projects (KAPP) has invited bids from leading advisory firms for 23 state-owned property projects including the Fahaheel and Al Kout waterfront developments as well as Phase V of the Marina Mall project. The deadline for submitting the bids has been set at March 5.
Leading Indian property developer Casagrand has broken ground on its premium residential project - Hermina - on Dubai Islands, thus marking its entry into the Middle East real estate market. Set for completion in Q2 2028, the project will feature a total of 131 residential units and other amenities.
Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework.
Kuwait Financial Centre (Markaz) has announced that its real estate fund closed 2025 on a successful note delivering a return of 9.7%, supported by strong operating performance across its property portfolio. At the end of the 12-month period, its assets under management hit KD81.1 million ($263.3 million).
The Abu Dhabi property market concluded 2025 on a strong footing, building on sustained year-on-year growth. The ready property segment in the UAE capital continued to gain traction, due to strong buyer activity across established and developing communities.
