Real Estate

Construction & Real Estate

Asas Makeen sets up new fund for Riyadh land development

Thu, 09 Jul 2026

Saudi-based Asas Makeen Real Estate Development has signed a framework agreement with two key entities - Middle East Financial Investment and Binaa Altharwat Company - to set up a real estate investment fund for the development of prime land owned by the company in Riyadh.

Construction & Real Estate

Ras Al Khaimah set to deliver over 25,000 new homes by 2030

Wed, 08 Jul 2026

Ras Al Khaimah is expected to add more than 25,000 residential units over the next four years, with apartments accounting for 97% of the planned supply, mainly driven by population growth, higher foreign investment and expanding business activity in the emirate, said an real estate industry expert.

Construction & Real Estate Finance & Capital Market

Arada launches new funds platform to target real estate opportunities

Mon, 06 Jul 2026

Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset classes in the Middle East and selected international markets.

Construction & Real Estate

Dubai residential sector records $60bn sales in H1; June signals sharp recovery

Mon, 06 Jul 2026

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.

Construction & Real Estate

Shurooq achieves key construction milestones at flagship Sharjah projects

Mon, 06 Jul 2026

Sharjah Investment and Development Authority (Shurooq) has announced that steady progress is being made on two flagship projects within its real estate portfolio - Sharjah Sustainable City and Ajwan Khorfakkan - with the work on key additional community facilities nearing the final stages.

Construction & Real Estate Travel, Tourism & Hospitality

Banan wins contract to develop Riyadh hotel project

Sun, 05 Jul 2026

Banan Real Estate Company has announced that it has secured a contract from Saudi-based Afaq Al Qimma Al Rabiaa Al Mutatawera Company for the development and marketing of a hotel project within Al Rahmaniya neighbourhood in capital Riyadh.

Construction & Real Estate Retail & Wholesale

MAIR to revamp Mall of Al Ain with retail, hotel upgrades

Sat, 04 Jul 2026

MAIR Group, a strategic investment company focused on grocery retail and commercial real estate, is set to redevelop and expand its key retail asset, Mall of Al Ain, in Abu Dhabi, adding hotel facilities and upgrading the property's retail, dining, entertainment and public spaces.

Construction & Real Estate

Cityscape expands to Saudi Arabia's Western Region with new event in Jeddah

Thu, 30 Jul 2026

The Cityscape brand is expanding to Saudi Arabia’s Western Region with the launch of Cityscape West KSA, sponsored by the Ministry of Municipalities and Housing (MOMAH), creating a dedicated platform for the region.

Analysis, Interviews, Opinions Construction & Real Estate

Numbers that tell why Dubai remains one of World’s strongest real estate markets

Thu, 30 Jul 2026

Dubai’s real estate market continued to consolidate its position among the strongest property markets worldwide in 2026, supported by a comprehensive range of economic and investment indicators reflecting strong demand, high liquidity, sustained capital inflows and an increasingly advanced regulatory and digital ecosystem, according to W Capital Real Estate Brokerage.

Construction & Real Estate

Oman's real estate deal value in H1 soars to $3.7bn

Wed, 29 Jul 2026

Oman's real estate transaction value surged by 5.4% year-on-year to hit RO1.434 billion ($3.7 billion) for the first six months of 2026, mainly driven by higher sales activity, reported ONA, citing data from the National Centre for Statistics and Information (NCSI) showed.