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...
Jumeirah has announced exciting plans for three significant new projects in Dubai, including the construction of a new five-star hotel. This new establishment, named Jumeirah Asora Bay, will feature both a hotel and upscale residences located on the La Mer South peninsula. The hotel will offer stunning views of the water and will be designed...
Egyptian private real estate developer Mabany Edris has announced the launch of its new residential project, ‘Ons New Zayed,’ located in New Zayed City. The total investment for the project amounts to 13.5 billion Egyptian pounds, which is approximately $266 million. The project spans 84 acres and will consist of 1,012 units, featuring a variety...
Abu Al Naga Real Estate Development has officially commenced work on three significant residential projects located in Dubailand, Bu Kadra (New Horizons), and Al Furjan. This initiative reflects the company’s strong belief in Dubai’s favorable investment climate and its robust real estate demand. According to Mohamed Abu Al Naga, the CEO of Abu Al Naga...
Burtville Developments, a prominent real estate developer in the UAE, has officially launched its first luxury hotel-branded residential project named Bab Al Qasr Resort Residence 18 & 19. This development is located in Masdar City, Abu Dhabi, and it comprises a total of 483 housing units designed to meet a wide variety of needs. The...