Residential

Construction & Real Estate

KIB seals co-op agreement with Kuwaiti construction major ACICO

Sat, 14 Feb 2026

Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot.

Construction & Real Estate

Alargan, GS REDC launch first Saudi–Korean residential project in Riyadh

Fri, 13 Feb 2026

Alargan Projects Company, in partnership with Korea’s GS REDC, has officially announced the launch of Oasis Residence, marking the first Saudi–Korean residential development in the kingdom. Located in north Riyadh, it features 182 modern semi- furnished residential apartments.

Construction & Real Estate

Al Osool launches new free-hold residential project in Muscat

Fri, 13 Feb 2026

Leading Omani real estate group Al Osool has announced the launch of its new free-hold residential project, Golf Hills, in capital Muscat. Spanning over a 11,000 sq m area, it features three upscale residential towers housing a total of 366 apartments along with a range of premium amenities.

Construction & Real Estate

Abu Dhabi property market records $3.2bn in January sales

Fri, 13 Feb 2026

Abu Dhabi’s residential property market began 2026 on solid footing, netting AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, said a report. Off-plan properties accounted for 83% of total deals for the month, significantly outperforming the secondary market.

Lifestyle

Grova launches $879m integrated residential community in Riyadh

Thu, 12 Feb 2026

Egyptian group Hassan Allam Holding has announced that its key unit, Grova Developments, has teamed up with Tilal Real Estate for the launch of Noor Khuzam, a fully integrated SAR3.3 billion ($879 million) residential community featuring over 3,018 housing units spread across 228,000 sq m area in Riyadh.

Construction & Real Estate

Hassan Allam Holding launches $880m Noor Khuzam residential community

Thu, 12 Feb 2026

Hassan Allam Holding’s development arm, Grova Developments, and Tilal Real Estate in partnership with the National Housing Company (NHC) have launched Noor Khuzam, one of the most prominent new residential communities in the northern part of Riyadh.

Construction & Real Estate

Royal Development announces sellout of Rotana Al Reem Island homes

Wed, 11 Feb 2026

UAE-based Royal Development has successfully sold out its AED1 billion ($272 million) Rotana Residences – Al Reem Island project in Abu Dhabi, ahead of its official launch. Set for 2028 completion, the landmark development comprises two iconic towers featuring a collection of 439 residences.

Construction & Real Estate

RAK Properties unveils brand-new residential destination in Al Marjan

Wed, 11 Feb 2026

RAK Properties has launched The Strand, a brand-new residential destination within the masterplan of Marjan Beach in Ras Al Khaimah. A mixed-use project, it features 540,000 sq m GFA allocated across well-crafted homes, retail hubs and an expansive network of green spaces and community-focused districts.

Construction & Real Estate

Dubai residential sales hit $15bn in January, nearly 16,000 transactions

Tue, 10 Feb 2026

Dubai’s residential property market entered 2026 with rising transaction volumes and renewed buyer activity. The trend was underpinned by sustained demand for mid-market homes and continued investor participation, according to January data from betterhomes.

Construction & Real Estate

Ellington unveils hospitality-led beachfront destination on Dubai Islands

Tue, 10 Feb 2026

UAE-based Ellington Properties has announced the launch of The Meriva Collection, a beachfront development located on Island B of Dubai Islands featuring five premium residential buildings, a signature beachfront residence and a dedicated hotel, all with direct access to the beach.