News Real Estate

Dubai approves AED 20bn urban plan to lift property values across 48 centres

Dubai has approved an Urban Centres Development Plan covering six main urban centres and 42 sub-centres, together representing 12% of the emirate’s urban area.

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News Real Estate

Dubai’s Deyaar lifts nine-month profit 27% on strong property handovers

Dubai developer Deyaar Development reported a 27% rise in profit before tax to AED 541.5 million for the first nine months of 2026, up from AED 425.7 million a year earlier.

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News Real Estate

Arada sets USD 180mn cap on tender offer for 2027 certificates

Sharjah’s largest real estate developer, Arada Developments, has set a maximum acceptance amount of USD 180 million (AED 661 million) for its tender offer to buy back existing certificates for cash.

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News Real Estate

Dubai real estate investment hits AED 680bn as investor base widens

Dubai’s real estate investment value reached more than AED 680 billion in 2025, more than four and a half times the AED 148 billion recorded in 2021, according to a study by brokerage W Capital Real Estate based on Dubai Land Department data.

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News Real Estate

Aldar makes AED 1.1bn Sharjah debut with Aljada residential acquisition

Abu Dhabi-based Aldar Properties has agreed to acquire nine residential buildings in Arada’s Aljada master development for AED 1.1 billion, its first real estate investment in Sharjah.

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News Real Estate

Sharjah property transactions climb 5.6% to AED 46.8bn in nine months

Sharjah’s real estate market recorded AED 46.8 billion in transactions during the first nine months of 2026, a 5.6% increase on the AED 44.3 billion posted over the same period last year, according to data from the Sharjah Real Estate Registration Department.

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News Real Estate

Dubai retains global branded residences crown with 175 schemes

Dubai remains the world's largest branded residences market, with 175 schemes, according to Knight Frank's The Residence Report 2026-27.

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News Real Estate

Aldar and Arada sign AED 15bn Abu Dhabi development partnership

Aldar and Arada have signed a strategic partnership worth approximately AED 15 billion covering development opportunities on Yas Island and at Seih Sdeirah, marking Sharjah-based Arada's first entry into the Abu Dhabi market.

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News Real Estate

Dubai completes 104 real estate projects worth AED 111bn in H1 2026

Dubai's real estate sector delivered 104 completed projects in the first half of 2026, with a combined investment value above AED 111 billion and 24,537 new units added to the market.

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News Real Estate

AED 6bn THE WADI community launches on Abu Dhabi’s Yas Island

Cosmo Developments, a joint venture between Abu Dhabi's Flag Holding Group and Reportage Group, has launched THE WADI, a mixed-use residential project on Yas Island carrying an estimated investment of AED 6 billion.

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