Real Estate

Onyx Bahrain Bay, an iconic tower at Bahrain Bay, has been crowned winner of the Luxury Lifestyle Award in the category of Best Luxury Freehold Residential Apartments in Bahrain, according to Kooheji Development, one of the largest real estate developers in the country.






Leading UAE developer Kleindienst Group has announced that work is in full swing on its latest luxury property, Marbella Hotel, that will offer 191 apartments, suites and ‘caves’ within The Heart of Europe – the $5-billion prime hospitality and second home destination amid The World islands in Dubai.






Leading UAE developer Arada has awarded a AED367-million ($100 million) contract for the construction of its premier integrated student housing complex, Nest, which is located within its mega development, Aljada in Sharjah.






Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, says work has begun on its Elan neighbourhood at Tilal Al Ghaf, the landmark lifestyle destination by Majid Al Futtaim Communities in Dubai.






Select Group, a leading private real estate developer in the UAE, has announced its foray into Business Bay and Dubai’s Downtown district with its latest project, 15 Northside in Business Bay. The new project comes following Select Group’s handover of its most recent project, Jumeirah Living Marina Gate in July last year.






Tamimi Trading and Contracting Company (Timco) has announced that it has received an overwhelming response from investors for its Rawasen Residential Project coming up in north of Yanbu, Saudi Arabia. Strategically located north of Yanbu Al Bahr, the project is an attractive asset with key competitive features, including spectacular sea views.






Mideast market likely to reach pre-Covid levels by 2023 The Covid-19 pandemic has caused significant disruption across all real estate sectors in 2020 with owners and occupiers having to make necessary adjustments to business operations in response to the statutory restrictions on capacity and mobility, according to Deloitte, a leading financial a






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