Preston Development has officially launched its prime residential project - One By Preston - in Dubai South following the successful approval of its Escrow Account. The boutique development features 56 apartments with a mix of studios, one- and two-bedroom units.
Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Saudi Arabia's Ministry of Municipal and Rural Affairs and Housing has approved new guidelines to monitor the illegal subdivision of residential units, reported SPA, as authorities step up efforts to enforce municipal regulations and improve building safety.
Sales values in Dubai’s residential real estate sector approached AED221.3 billion ($60.26 billion) across almost 79,200 transactions in H1 2026, according to new insight from leading real estate advisory and property consultancy, Cavendish Maxwell.
Saudi-based Retal Urban Development Company has announced that it had signed conditional agreements with Roshn, a leading multi-asset class developer powered by PIF, for the development of 163 residential units within its AlManar community in Makkah city.
Saudi-based Al Ramz Real Estate has joined hands with Oud Capital to set up a new shariah-compliant real estate investment fund with a target size of over SAR1 billion ($267 million). It aims to develop more than 800 residential units on 70,516 sq m of company-owned land in the kingdom.
10 Design, a global architecture and masterplanning practice based in UK, has unveiled its vision for The Cape, a key residential project within the Al Barari masterplan in Dubai. Spanning 140,000 sq ft, the scheme features 286 apartments, ranging from one-bedroom units to four-bed duplexes.
Sobha Realty, a leading luxury real-estate developer globally, has announced that it has signed an agreement with National Bank of Umm Al Qaiwain (NBQ) to provide preferential mortgage and financing solutions for customers purchasing off-plan residential units across its developments.
Saudi developer Umm Al Qura has announced the launch of Masar Gardens, a mixed-use urban destination in Makkah featuring residential, commercial, hospitality, and public-use components backed by extensive infrastructure, green spaces, pedestrian pathways and modern mobility solutions.
UAE-based real estate developer Reportage Group has officially broken ground on its premium residential project, SENSI, on Saadiyat Island. The key Abu Dhabi development aims to offer a distinctive architectural identity rooted in elegance, intentionality, and emotional connection.
