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

Arada has awarded the main construction contract for the ultra-luxury Armani Beach Residences at Palm Jumeirah to a subsidiary of global construction giant China Railway Group Ltd (CREC). Valued at AED678 million, the contract will result in the development of the landmark project by the end of 2027. CREC subsidiary China Tiesju Civil Engineering has extensive experience across the Middle East, Africa, Latin America and Asia in executing complex projects. The conglomerate’s track record of on-time delivery to an exceptional level of quality underscores Arada’s commitment to setting a new standard for the high-end Dubai residential market. Designed in partnership with Armani/Casa Interior Design

Sharjah’s real estate sector recorded AED27 billion in transactions during the first half of 2025, a 48.1 percent increase from AED18.2 billion in the same period last year. Additionally, the number of transactions carried out by the Sharjah Real Estate Registration Department reached 48,059, representing a 3.3 percent increase compared to 46,524 transactions during the same period last year. The strong performance reflects growing investor confidence in Sharjah’s real estate sector, supported by economic stability, investor-friendly legislation, and modern infrastructure. The diversity of investor nationalities has further reinforced the emirate’s position as a competitive and attractive property market. In a statement, Abdulaziz Ahmed

Arada has announced that it has secured WiredScore Platinum certification for the first phase of Arada Central Business District (CBD), Sharjah’s new commercial hub set for completion in Q1 2027 within the AED 35 billion Aljada megaproject. WiredScore Platinum is the highest designation from WiredScore; the global benchmark for digital connectivity and smart building standards. This makes Arada CBD the first development in Sharjah to receive this certification, guaranteeing world-class digital infrastructure for future tenants of the commercial district in Aljada. Earlier this year, Arada awarded a construction contract worth AED604 million for Phase 1 of Arada CBD, covering the development

The Sharjah Real Estate Registration Department announced the launch of the upgraded version of its website (www.shjrerd.gov.ae), in a step aimed at enhancing the quality of real estate services and offering a fully integrated digital experience for all customers. The new website features a modern interactive design that keeps pace with the digital transformation and meets the needs of investors and stakeholders in the real estate sector in the emirate with the highest levels of efficiency and ease. It serves as a practical translation of the Sharjah Government’s vision and directives to deliver smart, advanced services that enhance the attractiveness of

The Sharjah Chamber of Commerce and Industry (SCCI) continues through its "Business Impact" Podcast, a flagship initiative launched earlier this year during the Sharjah Real Estate Exhibition “ACRES 2025”, to highlight the emirate’s significance as a strategic destination for business management and investment in the region. The podcast has featured a handful of inspiring success stories from prominent entrepreneurs and corporate leaders who emphasized how Sharjah’s pro-business environment served as a catalyst for their global growth and expansion. The "Business Impact" Podcast underscores the Sharjah Chamber's strong commitment to innovation that fosters communication with the business community. As a forward-thinking platform, it