February 2023

Alef Group, a leading real estate and retail development company in the Emirate of Sharjah, launched new units in the last phase of the “Arim” neighbourhood in Hayyan. The living community was on display at the opening event on February 2 at Alef Sales Pavilion in Al Mamsha, Sharjah. This significant event marks a milestone for Alef Group in delivering cutting-edge homes. Alef Group stated “The resounding success of Arim 1 & 2 in Hayyan has fuelled our excitement to unveil new units in the last phase of Arim, our latest offering in premier housing. Our aim is to surpass the expectations

Sheikha Bodour Al Qasimi, Chairperson of Sharjah Investment and Development Authority (Shurooq), has opened two new exhibitions, titled “Consciousness in Flux. Faig Ahmed” and “Hard Edges. Khalid Al Banna” at the Maraya Art Centre in Sharjah - a non-profit creative initiative by (Shurooq) that supports the region’s emerging and established artists. Both exhibitions will be running until 1st August 2024. The opening ceremony was attended by the CEO of Sharjah Investment and Development Authority (Shurooq), H.E. Ahmed Al Qaseer, as well as notable dignitaries from the art and culture sector of the UAE. In addition, representatives of the in-kind supporter Air

MAG of Life, the wellness real estate division of MAG Group, signed a deal with Marriott International to launch The Ritz-Carlton Residences, Dubai, Creekside. The new development is part of KETURAH, a luxury wellness development that embodies the highest standards of wellness and luxury experiences, providing residents and visitors a unique, healthier environment and uplifting the level of inspired living. The Ritz-Carlton Residences, Dubai, Creekside will integrate Delos’ world-leading, evidence-based wellness innovations, helping provide a healthier environment to homeowners and creating an immersive wellness luxury lifestyle in Dubai. It will also feature a private members club; an immersive, holistic wellness

Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the