Real Estate

Phase One of the Dilmunia Canal – Bahrain’s largest manmade water canal stretching from Dilmunia Marina in the north to Dilmunia Garden in the south – was opened for the public last month. Measuring 1.7 km, Dilmunia Canal provides a central link between the districts within Dilmunia, a $1.






Al Mouj Muscat, a joint venture between Omran, Tanmia and Majid Al Futtaim Properties, has announced the launch of its premium gated neighbourhood, Golf Beach Residences, featuring beachfront mansions.  It combines a limited collection of beautiful villas with a ideal location and a vibrant and luxurious oceanfront lifestyle.






Dar Al Arkan, a leading real estate development company in Saudi Arabia and the Middle East, has announced the launch of a prime integrated real estate project, Dar Al Mashaer, in the heart of Makkah city.






UAE developer Arada has announced the sale of units in the second of the two branded residences buildings of Vida Residences Aljada being developed in partnership with Emaar Hospitality.






UAE-based Azizi Developments has announced that 58 per cent of the work has been completed on its 634-unit residential project, Creek Views I, located in Dubai Healthcare City. A 19-storey development, Creek Views I comprises 396 studios, 218 one- and 20 two-bedroom units, as well as 33,341 sq ft of premium retail space.






The pandemic-induced focus on safety measures, social distancing norms and visitor access management – among other pressing concerns – has put commercial real estate (CRE) owners in a position that requires them to pivot quickly, to meet current and future needs.






Promoseven set to hand over affordable housing units in Bahrain Promoseven Holdings, a leading real estate developer in Bahrain, has announced that it will soon start handing over the units within the Diyar Alkhair, a residential project targeted at low- or middle-income citizens.






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