Modon Holding, a listed company based in Abu Dhabi, successfully sold out its freehold residential project on Reem Island, generating approximately Dh1 billion, or $272.3 million, on the day of the launch. This two-tower waterfront development is strategically located near the Abu Dhabi Global Market (ADGM), enhancing its appeal to potential buyers. The swift sale...
According to WAM, Ajman’s real estate market recorded exceptional growth in December 2024, with transactions reaching AED2.28 billion. This marks an impressive 102% increase compared to December 2023, according to a report by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, the Director-General of the department, revealed that there were...