News Real Estate

S&P affirms Ras Al Khaimah ‘A’ rating with stable outlook

S&P Global has affirmed Ras Al Khaimah’s long-term and short-term credit ratings at ‘A/A-1’ with a stable outlook, citing prudent fiscal management and strong financial buffers that are expected to support economic stability over the next two to three years.

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News Real Estate

Manchester City Yas Residences records USD 1.6bn sales in 72 hours

Ohana Development has reported record demand for its Manchester City Yas Residences project in Abu Dhabi, generating AED 6 billion (USD 1.63 billion) in sales within 72 hours of launch.

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News Real Estate

Qatar real estate deals reach USD 744m in February

Qatar’s property market recorded strong momentum in February 2026, with total real estate transactions reaching QR 2.709 billion (USD 744 million) across 508 deals.

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News Real Estate

Kuwait real estate market surges 69.6% in value

Kuwait’s property market recorded strong growth in February, with total transaction value rising 69.6% year-on-year to KD 615.83 million.

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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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