Author: Staff Editor
Riyadh, Saudi Arabia, February 18, 2025: As the construction sector in the Kingdom of Saudi Arabia and the broader MENA region experience unprecedented growth, there is a strong emphasis on enhancing productivity and efficiency. With the aim to augment production capacity and offer easy access to tools to avoid downtime, DEWALT has introduced and installed its first state-of-the-art portable jobsite containers in Riyadh, with plans to establish up to 10 containers across key projects in KSA and UAE. Poised to become indispensable assets in the evolving construction landscape and provide a seamless experience for partners, the portable containers will serve,…
By Arash Jalili, CEO and Founder, Unique Properties Dubai, UAE, 18 Feb 2025: As global wealth migration continues to surge, Dubai has cemented its position as the premier destination for ultra-high-net-worth individuals (UHNWIs) seeking luxury real estate investments. With its unparalleled blend of strategic location, tax benefits, and world-class infrastructure, Dubai offers a wealth of opportunities for discerning investors. For those looking to capitalise on this dynamic market, mastering the art of luxury real estate investment requires a strategic approach. Here are the key strategies for UHNWIs moving to Dubai: Dubai’s luxury real estate market is defined by its iconic…
Key financial highlights: Dubai, UAE – 11 February 2025: Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), has today announced its preliminary unaudited financial results for the full year ending 31 December 2024. Deyaar posted a 14.68% increase in net profit before corporate tax, rising to AED 505.4 million in 2024 from AED 440.7 million in 2023. The total revenue saw a 20.61% increase, reaching AED 1,512.8 million in 2024 compared to AED 1,254.3 million in 2023. The increase in revenue is attributable to a rise in…
ALTA REAL ESTATE DEVELOPMENT AND MAISON MARGIELA ANNOUNCE PARTNERSHIP FOR THE WORLD’S FIRST RESIDENCES IN DUBAI.Dubai, UAE – March 2025 – Alta Real Estate Development has partnered with the iconic Parisian fashion house Maison Margiela to create the brand’s first residences, an innovative concept set to transform boutique living in Dubai. This exclusive collection of 24 bespoke units will take shape in one of the city’s most prestigious locations (to be announced), embodying the maison’s signature aesthetic, reimagining boutique living and offering residents a space defined by creativity and individuality. This landmark partnership unites Maison Margiela’s unconventional expression and nonconformity with…
Dubai, UAE, March 11, 2025 – In a landmark collaboration that will redefine the landscape of ultra-luxury living in the UAE, BNW Developments has joined forces with Taj, the iconic brand synonymous with unparalleled Indian hospitality, under the aegis of The Indian Hotels Company Limited (IHCL). This partnership, marked by a formal signing ceremony on March 10th at the prestigious Taj Dubai, signifies Taj’s first foray in the UAE into branded residences under the Wellington Mews brand, bringing its renowned legacy of luxury hospitality to the flourishing Al Marjan Island, Ras Al Khaimah. By partnering with BNW Developments, known for…
Dubai, United Arab Emirates, 12 March 2025 – Dar Global, the London-listed luxury real estate developer, has announced the launch of DG Villas, an exclusive collection of luxury residences nestled within the prestigious Jumeirah Golf Estates in Dubai. With a project value of USD381 million (AED1.4 Billion), DG Villas redefines the concept of refined living, seamlessly blending architectural elegance, world-class amenities, and panoramic views of world-class golf courses, to create an unparalleled, sustainable living experience. DG Villas showcases the Dar Global’s commitment to superior architecture, prime locations, and exceptional interior specifications, offering a harmonious blend of luxury living and recreational…
Collaboration provides AUS students with hands-on training, career pathways and research opportunities in the construction and engineering sectors Sharjah, UAE, March 10, 2025 – American University of Sharjah’s (AUS) Engineering Al Nukhba Program has welcomed Group AMANA, a regional leader in design-build construction, as its newest industry partner. The Memorandum of Understanding (MoU) signed between the two parties will offer AUS students professional training, career development and research opportunities, strengthening the link between academia and industry. The AUS Engineering Al Nukhba Program, designed to foster immersive industry partnerships, gives engineering students a competitive advantage by connecting them with leading firms…
Abu Dhabi, UAE, 17 February 2025: Jubail Island and LEAD Development have been recognised by the Abu Dhabi City Municipality for achieving an outstanding health and safety milestone, having completed 12 million man-hours without a Lost Time Injury (LTI). This remarkable achievement was accomplished exclusively for infrastructure works, including bridges, in collaboration with Gulf Contractors Company (GCC). The award was presented by Abu Dhabi City Municipality, and received by Engineer Abdulla Saeed Al Shamsi, General Manager of Jubail Island Investment Company (JIIC). “We are grateful to Abu Dhabi City Municipality for this significant award,” said Eng. Al Shamsi. “This recognition underscores…
Sensia marks BEYONDS’s third project within its 8 million sq. ft. master plan at Dubai Maritime City, following the phenomenal success of Saria and Orise. Dubai, UAE; February 27, 2025: BEYOND Developments, the fast-rising name in Dubai’s luxury real estate sector, launched Sensia, its third signature project within the 8 million sq. ft master-planned development at Dubai Maritime City (DMC). Following the phenomenal success of Saria and Orise and the overwhelming interest from local, regional, and international investors, the launch of Sensia marks a significant milestone for BEYOND. Achieved just six months after its establishment, this expansion reinforces the company’s…
Dubai, United Arab Emirates, 20 February 2025: In a strategic decision, the Board of Directors of Deyaar Development PJSC (“Deyaar”), a prominent real estate developer and service provider based in Dubai, United Arab Emirates (UAE), has announced its recommendation to distribute the dividends for the second consecutive year, reinforcing the company’s ongoing success journey and strong equity story. This is a significant milestone, reflecting Deyaar’s dedication to delivering sustainable financial performance and long-term strategic objectives. Mr. Abdullah Ali Al Hamli, Chairman of the Deyaar Board of Directors, commented on this decision: “We are pleased to announce our recommendation for dividend…