ROSHN Group, the real estate developer backed by Saudi Arabia’s Public Investment Fund (PIF), reports strong interest in its new ALDANAH community in Dhahran since its launch last month (June). The company highlights this robust demand as clear evidence of how crucial location is in driving success for residential developments.
The real estate and construction sectors are on the cusp of surpassing long-established economic pillars like wholesale trade, potentially becoming the number one contributor to Dubai’s GDP in the next five years. According to the latest data from the Dubai Statistics Centre, the construction sector alone represents 6.
As Middle Eastern nations accelerate their transition to a sustainable future – with ambitious targets such as the UAE’s Net Zero by 2050 and Dubai’s Demand Side Management (DSM) strategy aiming to cut electricity and water use by 30 per cent by 2030 – the built environment is emerging as a critical driver of decarbonisation