To establish Saadiyat Grove, an integrated mixed-use project currently under development in Abu Dhabi’s cultural center, as a premier example of smart urban living worldwide, Aldar Properties (Aldar) has announced a partnership with Siemens. At today’s World Future Energy Summit (WFES) in Abu Dhabi, the agreement was signed.   Throughout the Saadiyat Grove community, Aldar will implement the first cloud-based smart district management system in the UAE, making use of the Siemens Xcelerator portfolio and its cloud-based Building X platform. The project is the largest smart technology investment made in a mixed-use residential and commercial real estate development globally to date.   In keeping with Aldar’s Net Zero Plan, the system will support emission…

AJMAN - The total value of real estate transactions in Ajman reached AED4.3 billion during the first quarter of 2024, reflecting a remarkable growth of over 26.6% compared to the same period in 2023.   Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation in Ajman, commented, "The exceptional performance of the real estate sector reflects the emirate's sound economic leadership and its commitment to fostering a robust and competitive economy."   He further highlighted the significant contribution of the Ajman Real Estate Investment Exhibition in driving market momentum and achieving positive results.   The exhibition witnessed the conclusion of 336 real estate transactions worth AED195.8 million, underscoring investors…

Snoopy Island in Fujairah is a stunning destination that attracts adventurous travelers seeking a picturesque experience. This rocky island is situated off the coast of Al Aqah and is known for its unique shape resembling the iconic comic strip character, Snoopy. The island features three distinct sections that resemble Snoopy’s nose, stomach, and feet. Accessible to many of Fujairah’s top luxury hotels, Snoopy Island is a must-visit for those looking to explore the beauty of the region. Location: Located just 10 km from Al Bidya, 22 km from Khor Fakkan, and 51 km from Fujairah, Snoopy Island is a picturesque rocky island situated in the Indian Ocean near Al Aqah, close to Fujairah city. This stunning island is a must-visit destination in Fujairah, attracting visitors from…

Major real estate projects have flooded Ras Al Khaimah in recent years, completely changing the local real estate market. With branded residences, world-class hotel brands, and opulent real estate developments, Ras Al Khaimah has established itself as a prime destination for real estate investment in the United Arab Emirates. Unprecedented demand was seen in Bayut’s 2023 RAK Market Report for real estate in upscale island and waterfront neighborhoods like Al Hamra Village, Al Marjan Island, and Mina Al Arab. These neighborhoods’ skylines are still being shaped by opulent developments; some homes are listed for more than AED 80 million. According to Bayut, apartment prices have increased by almost 20 percent since last year, making these waterfront communities the most…

The Real Estate Registration Department in Sharjah has announced the provision of the service of ownership and usufruct deeds of various types in the digital wallet of the UAE Digital Identity (UAE Pass) app, making it the first government department in the emirate to provide this service.   This comes within the framework of its commitment to providing the best services to customers, and in an implementation of the UAE government’s vision for digital transformation and enhancing customer experience,   The Department's customers can now download ownership and private benefit deeds (ownership deed, joint ownership deed, usufruct deed, or joint usufruct deed) through the digital ID smart application on mobile phones.   In this context, Abdul Aziz Ahmed Al-Shamsi,…

witnessed 1169 real estate transactions in March, totalling AED1.46 billion. This marks a significant growth of over 49.9 percent compared to the same period in 2023.   Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, estimated the total volume of transactions during the same period to be AED1.03 billion, noting the highest sales value was recorded in the Al Helio 1 area at AED72 million.   He explained that the real estate sector in Ajman is thriving, marked by record-breaking numbers and outstanding performance. This success highlights Ajman's appeal to investors, meeting their diverse needs and aspirations. The emirate is experiencing growing demand across property types, with sales continuously rising…

Abu Dhabi-based Jubail Island Investment Company (JIIC) has announced the launch of its exclusive beachfront gated community - Bada Al Jubail - being set up at an investment of AED4 billion ($1.08 billion) within the Jubail Island development in Abu Dhabi. Featuring a limited number of mansions, and various amenities including; bespoke yachts marina, yacht club, cycle tracks, and jogging paths, Bada Al Jubail boasts breathtaking vistas of Abu Dhabi skyline. Owned by JIIC and developed and managed by LEAD Real Estate Developer, the Jubail Island will house six residential villages nestled among the breath-taking natural beauty and rich biodiversity of the mangroves. The low density, low-impact landmark community will offer residents every convenience and amenity, seamlessly blending…

    Andrea Nucera on Forbes Middle East List Forbes Middle East rated Reportage Properties as one of the  2024“Leaders of the Most Influential Real Estate Companies in the Middle East”, in their latest analysis which highlights 100 real estate developers in the region that adopt  innovation to set the  future of the sector. Andrea Nucera, managing director of Reportage Properties, is the 57th on the list, which Mohamed Al Abbar, founder and managing director of Emaar Properties, took the first place together with Talal Al Dhiyebi, CEO of Aldar Properties, while Nazmi Al Nasr, CEO of “NEOM” Saudi Arabia, was in third place. Forbes analysis noted that Andrea Nucera held his current position since Reportage Properties, one of the largest…

Sharjah Investment and Development Authority (Shurooq) continues its commitment to elevate the emirate's stature as a globally distinctive tourist destination by announcing the completion of expansions for two flagship projects under the Sharjah Collection: The Kingfisher Retreat and Al Badayer Retreat.   These expansions are geared towards amplifying capacity and delivering unparalleled tourist experiences that seamlessly blend tradition with modernity, all while upholding principles of sustainability and environmental conservation.   Kingfisher Retreat has 20 new accommodations nestled in a unique mangrove ecosystem. Since its opening, the Kingfisher Retreat has been a popular family resort nestled amidst mangroves on an island off the east coast of Sharjah. The new…

The Yas Canal residential project in Al Raha Beach has been approved by Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. The Dh3.5 billion project, which is being managed by the Abu Dhabi Housing Authority in collaboration with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company, will comprise 1,146 residential villas for UAE nationals. It should be finished in the final quarter of 2027.   Sheikh Khaled emphasized that the residential project is a reflection of the leadership’s dedication to providing Abu Dhabi’s Emirati families with high-quality housing that is tailored to their needs, ensuring their general well-being and quality of life, and promoting social stability to support the…