News

The Board of Directors of Sharjah Holding convened its second meeting of the year 2025, chaired by His Excellency Waleed Al Sayegh, Chairman of the Board. The meeting focused on reviewing operational activities, audited financial statements, and forward-looking studies, with the aim of advancing Sharjah Holding’s projects and achieving sustainable revenue through the company’s operations across the “Matajer” retail centres and its flagship real estate development, Al Zahia residential project fully integrated residential community offering a wide range of services. The meeting also reviewed updates on ongoing projects, operational challenges, and proposed development plans for the upcoming phase. Discussions included key

Binghatti Holding marginally tightened the price on its $500 million Reg S 5-year benchmark sukuk to a profit rate of 8.125%, equivalent to a spread of 418 basis points over US Treasuries. The initial price guidance was in the 8.500% area The UAE developer, rated Ba3 by Moody’s (Stable) and BB- by Fitch (Stable), saw its issuance oversubscribed five times, with an order book exceeding $2.5 billion. The company said its issuance attracted strong regional and international investor demand. The sukuk will be issued under Binghatti’s $1.5 billion Trust Certificate Issuance Programme and listed on both, the Nasdaq Dubai and the London Stock

The total value of real estate transactions in Sharjah’s Central and Eastern Regions during the first half of 2025 has reached AED 1.6 billion, reflecting a significant increase of 143% compared to the same period in 2024, according to the Real Estate Transactions Report issued by Sharjah Real Estate Registration Department. In addition, the report indicated that a total of 12,346 transactions were registered through the department’s branches, with a total area of sales transactions amounted to 22 million square feet. Omar Al-Mansouri, Director of the Branches Department at Sharjah Real Estate Registration Department, stated: “The exceptional growth in real estate transactions

The total value of real estate transactions in Sharjah’s Central and Eastern Regions during the first half of 2025 has reached AED 1.6 billion, reflecting a significant increase of 143% compared to the same period in 2024, according to the Real Estate Transactions Report issued by Sharjah Real Estate Registration Department. In addition, the report indicated that a total of 12,346 transactions were registered through the department’s branches, with a total area of sales transactions amounted to 22 million square feet. Omar Al-Mansouri, Director of the Branches Department at Sharjah Real Estate Registration Department, stated: “The exceptional growth in real estate transactions

Arada has reported a tripling of sales during the first half of 2025 to AED9.15 billion as healthy demand for premium residential property continues to lift markets across the UAE. The master developer saw a 336% increase in the value of property sold at its projects in Dubai and Sharjah, driven by major launches and increasing interest in existing master planned communities. In total, Arada sold 2,382 homes during the first six months of the year, a 247% gain on the same period in 2024. Arada’s best-performing projects during this period included precision wellness destination Akala, which was launched in Dubai

Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of a $450 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. The five-year fixed rate RegS Sukuk issuance, rated BB- by Fitch and B1 by Moody’s, was priced with a coupon of 7.150%, tightening 47.5bps- 60bps from the initial price guidance of 7.625%-7.750% for a spread of 317 bps over US Treasuries, for the tightest reoffer yield ever achieved by Arada. The proceeds of the issuance will be used for a tender offer of up to $100 million

Arada has awarded the main construction contract for Masaar Central, the retail and lifestyle hub at the heart of its forested megaproject in Sharjah. Construction work is scheduled for completion by end-2026, coinciding with the full delivery of the remaining three residential phases of the AED9.5 billion community in the Suyoh district. Valued at AED60 million, the construction contract to build Masaar Central has been awarded to Intermass, the well-established Sharjah-based contractor, which is already working on several residential phases at Masaar. Masaar Central will provide a range of retail, dining, wellness, and education services across 53,000 square feet of gross leasable

IFA Hotels & Resorts has announced the start of a new phase of infrastructure works at its key residential development, Al Tay Hills, strategically located in the Al Tai area of Sharjah directly on Emirates Road. The project is being developed by Kuwait Real Estate Company, in collaboration with IFA Hotels & Resorts, at a total cost of AED3.5 billion ($952 million). Spread over 6 million sq ft area, Al Tay Hills will boast more than 1,100 residential units comprising villas and townhouses of various designs and spaces, said the statement from IFA Hotels & Resorts. The project's units range from three- to

As the United Arab Emirates is named the world’s safest country in mid-2025, Dubai-based real estate leader NOVVI Properties reports that this top-tier security status has become a primary driver of the nation's booming property market. The designation is creating a tangible "safety premium," attracting a wave of global investors and residents who prioritize security alongside financial returns, fueling record-breaking transactions and boosting investor confidence. The UAE’s reputation for safety and stability is directly translating into a robust and resilient real estate sector. In the first half of 2025, Dubai recorded over Dh431 billion in property transactions, a 25% increase year-on-year,

Al Rasikhoon Real Estate announced the launch of its latest landmark development in Sharjah, Rawdat Al Sidir, and the commencement of sales for residential, commercial and industrial land plots within the master plan of the project, which spans a total area of 8.5 million square feet. This strategic unveiling reflects the company’s broader vision to create integrated, thoughtfully planned communities that blend residential comfort with commercial opportunity. The announcement came during a high-profile event held on Sunday, July 27 at Al Jawaher Reception and Convention Centre. The ceremony was graced by bdallah Sultan Al Owais, the Chairman of the Sharjah Chamber of Commerce