December 2023

Meraas’ Dubai mansions work on track; set for mid-2024 handover

Five-bedroom mansions create the illusion of floating on the island, offering stunning views of open waters. Meraas, a prominent master developer and part of Dubai Holding Real Estate, has recently reported significant progress in the construction of its Ocean Mansions development, with nearly 56% of the construction work completed. The high-end project is set for handover in mid-2024. Crafted by the...

R.Evolution signs new contract for Eywa

IFG was selected for their expertise in piling, shoring, earthworks, and dewatering, making them an ideal work partner. Real estate developer R.Evolution recently announced the signing of a pivotal contract with the International Foundation Group (IFG) for the groundbreaking Eywa building project. To mark this significant collaboration, a ceremony was conducted at the Eywa offices, attended by...

For the first time ever, Dubai real estate sales approach AED 400bln this year

Dubai Real Estate Surges Towards Historic Milestone: W Capital Predicts Annual Sales to Exceed Dhs400 Billion Dubai's real estate market is poised to make history, with annual sales anticipated to surpass Dhs400 billion for the first time, according to W Capital, a prominent Dubai-based real estate brokerage company. Drawing on data from the Dubai Land Department (DLD), the value of real estate sales...

GCC real estate market to pass $5tn by 2028: report

Thriving Gulf real estate; International Property Show offers a pivotal platform for discerning investors. The Gulf Cooperation Council (GCC) real estate market is on an unprecedented growth trajectory, set to surpass $5 trillion by 2028, as indicated by a recent report. Projections from Statista underscore this trend, estimating the market's value to reach $4.43 trillion by the end of 2023. Notably,...

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