Arada Records 100% Rise In Sales To $1.91mln In 2023
Master developer Arada has reported a doubling of sales during 2023 to Dh7.02 billion following unprecedented demand for its premium communities in Sharjah and Dubai. The master developer saw a 100 per cent increase in the total value of property sold compared to the previous 12 months, buoyed by continued international interest in the UAE property markets. In total, Arada sold 2,824 homes in 2023, a 25 per cent gain on the previous year, once again reflecting the recent trend of buyers investing in larger and higher-value villas and apartments. During the year, Arada also completed 2,610 homes at the Dh35 billion
42,000 Residential Units Will Be Delivered Across Dubai, Abu Dhabi In 2024 – JLL
The UAE’s property market will see the delivery of 42,000 residential units across Dubai and Abu Dhabi in 2024. Approximately 34,000 units are scheduled to be delivered in Dubai, while 8,000 units are anticipated in Abu Dhabi this year, according to a report from global real estate services company JLL. The outlook is consistent with Dubai’s booming real estate sector last year, which witnessed an uptick in its supply of new residential units in 2023. According to JLL, 36,000 new homes were delivered last year, with apartments comprising the majority, which raised the total stock to over 719,000 units. Similarly, in Abu Dhabi,
AUS Board Of Trustees Approves New Initiatives And Programs
Chaired by Her Excellency Sheikha Bodour bint Sultan Al Qasimi, President and Chairperson of the Board of Trustees of American University of Sharjah (AUS), the AUS Board of Trustees approved several academic and operational resolutions at its recent meeting. ‘Our strategic priority is to ensure the American University of Sharjah continually improves and enlarges its proposition, and this raft of decisions taken by the Board takes us closer to that vision. With new degrees, an expanded online offer, and plans afoot for new research centers, we’re laying the ground to meet the expectations of tomorrow’s students and academics in a fiercely
ACRES 2024 Real Estate Deals Surpass $381.1mln
The activities of “ACRES 2024”, organised by Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Real Estate Registration Department (SRERD), was concluded on Saturday evening, at the Sharjah Expo Centre during the period from January 17th-20th. The exhibition achieved Real Estate deals with a total surpass AED 1.4 billion for all projects, and witnessed a huge public turnout by citizens, residents, investors, and businessmen from inside and outside the UAE, in addition to private and public Real Estate institutions. Moreover, exhibitors and visitors praised the great organisation and management of the exhibition. Because of its distinguished reputation, the exhibition has attracted
High demand for Alef Group projects at ACRES 2024
Alef Group, the premium developer in the real estate and retail industry in the Emirate of Sharjah, concluded the Acres Real Estate Exhibition 2024 today with a strong demand for its residential real estate projects. This annual event took place at the Sharjah Expo Centre from January 17th to January 20th. "We thank the government of the Emirate of Sharjah and those in charge of the Sharjah Real Estate Exhibition (ACRES), we are pleased with our participation in this year. We are also grateful to everyone who attended this year's exhibition, including both local nationals and expatriate residents. The event was
Alef Group Unveils Premium Residential Project In Sharjah
Leading UAE developer Alef Group has announced the launch of its premium addition to the Al Mamsha Raseel residential complex in Sharjah. Nama 3 boasts 139 residential units, offering a diverse selection of apartment choices, including one-, two- and three-bedroom units, as well as vast open space. Located a short distance away from Sharjah International airport, children’s school complex, and University of Sharjah, Al Mamsha Raseel is a stand-out residential and retail project that boasts massive appeal to investors looking to invest in a premier lifestyle. Amenities for residents of Al Mamsha Raseel include multiple extensive swimming pools, play areas, parks, access to
Shurooq Reveals Updates On ‘Ajwan’ Luxurious Residences At ACRES 2024 With Prices Starting At AED 1.8 Million
The Sharjah Investment and Development Authority’s (Shurooq) pavilion at this year’s Sharjah Real Estate Exhibition (ACRES) 2024 has proven to be a big hit among attendees, offering a glimpse into the authority’s progressive and anticipated residential projects, most notably, the luxurious ‘Ajwan’ in Khorfakkan, the ‘Aysha Residence’ on Maryam Island, as well as details regarding limited units still available in their pioneering development, ‘Sharjah Sustainable City’. Held at the Expo Centre Sharjah until January 20, ACRES 2024 serves as a vibrant platform for Shurooq to engage with a diverse audience of buyers, investors, and industry professionals. The exhibition underscores Shurooq's strategic
Alef Group Concludes 15% Master Infrastructure Of Arim At Hayyan
Alef Group, the leading real estate company in Sharjah, has announced the successful completion of 15% of the master infrastructure in the 'Arim' zone within the Hayyan development. This announcement was shared during the ACRES Real Estate Exhibition 2024, which is taking place at the Sharjah Expo Centre from January 17th to 20th. "We are delighted to report the completion of a significant portion of our latest neighborhood, 'Arim,' in Hayyan. Hayyan represents the essence of Alef Group's vision, which is to combine modern design with sustainable practices. As we progress with this distinctive project, we are eager to continue our
The Heart Of Europe Positions Itself As Holistic Wellness Destination At The 2nd ‘AYUSH Conference & Exhibition’
The Heart of Europe (THOE), a visionary project by Kleindienst Group, (a leading global real estate corporation and the largest European family-owned business in the UAE)took centre stage at the 2nd Ayush Conference & Exhibition in Dubai, showcasing its dedication to growing the wellness industry.The conference was held from 13 – 15 January at the Dubai World Trade Centre. It brought together key people and organisations from the wellness industry. Josef Kleindienst, founder and chairman of Kleindienst Group said, “Our participation in this renowned conference demonstrates our constant dedication to transforming the landscape of wellness in real estate. The Heart of
Arada Prepares To Welcome First Residents To Sharjah’s Forested Megaproject Masaar As 430 Homes Completed
Arada has completed the first homes at Masaar, the forested megaproject based in the Suyoh district of Sharjah. All 430 homes in the Sendian district have now begun the handover process as one of the UAE’s most hotly anticipated new communities continues to take shape. Homes at Sendian range in size from two-bedroom townhouses to five-bedroom Sendian Park Villas, all of which are equipped with smart home features and located near the leisure and entertainment zone in the heart of Masaar. HRH Prince Khaled bin Alwaleed bin Talal, Vice Chairman of Arada, said: “Ever since its launch, Masaar has been one of