News Real Estate

Aldar secures USD 1bn from Apollo as profit and sales surge

Aldar Properties has raised USD 1 billion through subordinated hybrid notes issued to Apollo Global Management, taking Apollo’s total investment in the developer to USD 2.9 billion since 2022.

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News Real Estate

Ajman records AED 1.06 bn in real estate valuations in January 2026

Ajman recorded AED 1.06 billion in total real estate valuation transactions in January 2026, reflecting steady activity across commercial, residential and industrial segments.

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News Real Estate

UAE VR market set to reach AED 1.6bn as real estate drives growth

The United Arab Emirates immersive virtual reality market is projected to grow to AED 1.6 billion by 2030, up from AED 366 million in 2024, as adoption accelerates across sectors led by real estate.

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News Real Estate

Dubai to enable secondary-market trading of tokenised properties

Dubai Land Department (DLD) will launch Phase II of its Real Estate Tokenisation Project on February 20, enabling the resale of tokenised properties in the secondary market under a controlled regulatory framework.

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News Real Estate

RAK Properties posts 44% profit rise as residential sales surge

Aldar and Dubai Holding have expanded their real estate joint venture with the acquisition of two major land plots in Dubai that will deliver nearly 14,000 new homes, with a combined gross development value exceeding AED38 billion.

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News Real Estate

Aldar and Dubai Holding expand partnership with 14,000-home development plan

Aldar and Dubai Holding have expanded their real estate joint venture with the acquisition of two major land plots in Dubai that will deliver nearly 14,000 new homes, with a combined gross development value exceeding AED38 billion.

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News Real Estate

Saudi Arabia completes world’s first sovereign-native tokenised property deed

Saudi Arabia has executed the world’s first sovereign-native tokenised property title deed, marking a major milestone in real estate and capital markets digitisation.

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News Real Estate

Dubai real estate records Dh111bn in January transactions

Dubai’s real estate market recorded Dh111 billion in transactions in January 2026, signalling strong early-year momentum following a landmark performance in 2025.

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News Real Estate

Dh500m plans approved to transform Umm Suqeim Beach

Plans are approved for a Dh500 million master plan to redevelop Umm Suqeim Beach, reinforcing Dubai’s ambition to enhance public spaces and strengthen its appeal as a global tourism destination.

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Real Estate

Dubai housing market hit $149bn in 2025

Dubai’s residential real estate market reached a major milestone in 2025, with total sales value climbing to $149 billion, signalling a shift towards a more mature and structurally balanced market.

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