Latest Dubai Real Estate
Al Hamra Real Estate Company has received two gold awards at the 2026 GCC Health, Safety and Environment Excellence Awards (ASSP GCC HSE Excellence Awards 2026), a well-established regional programme established and organized by the American Society of Safety Professionals (ASSP), in an important milestone for the company in its first participation in the Regional Awards Program. This recognition is a reflection of the company’s continuous efforts in developing the health, safety and environment management system, and the application of professional standards in its various operational processes, in order to enhance the efficiency of facilities management, and consolidate the culture of prevention, risk management and environmental responsibility, and ensure the provision of a.
The Royal Commission for Makkah City has announced that work has started on 10 five-storey residential buildings being developed as part of The Kidana Al Wadi project over a 33,000 sq m area near the Jamarat facility, strategically positioned for accommodation in Mina. The project, which is being developed in co-ordination with Kidana Development Company, focuses on improving guest services, enhancing the urban landscape and facilitating movement within the site. Located near the Jamarat facility, the project is part of the urban development projects for the holy sites, whose goal is to increase the accommodation capacity with modern architectural design and improved services, for pilgrims' comfort. The Kidana Al Wadi project focuses on improving guest.
National Building and Marketing Company inked, on 4 June 2024, a SAR 350 million agreement with Al Fayzia Real Estate Development Company. The two entities will team up to develop villas and residential apartments (Granada Riyadh Project), according to a bourse statement. The three-year deal will cover the infrastructure and superstructure works, construction, finish, and building materials for the development project. Meanwhile, the residential units will be established with specifications that do not conflict with those of the Saudi Building Code and the Ministry of Housing. National Building highlighted that the project will reflect on its business results during the second half (H2) of 2024 and the coming years during the project completion.
Retail rents in Dubai and Abu Dhabi have jumped in double digits in recent months on the back of strong demand and limited availability of quality stock. During the first quarter of the year, rents in the UAE capital rose by 14.7% and in Dubai by 10.5%, according to CBRE Middle East. Part of the demand is coming from several foreign retail brands looking to enter the local market, particularly Dubai, the real estate services firm noted. There is also a significant demand from the food and beverage sector. “The supply-and-demand imbalance in both Abu Dhabi and Dubai continues to drive rental performance,” CBRE said. “We are seeing an increase in the number of global and international retail brands looking to establish or.