Category Archives: Real Estate

Hotels & Hosppitality, Real Estate

TUMBI Hotels Unveils First UAE Property with Dh375 Million Investment Under Hilton’s Tapestry Collection

Dubai, UAE – March 22, 2025 – TUMBI Hotels, founded by entrepreneur Ali Tumbi, has  partnered with the Tapestry Collection by Hilton brand  for the opening of its flagship property in Dubai, TUMBI West Palm Beach Hotel.

With an investment of more than AED375 million, the hotel redefines hospitality by blending wellness, sustainability, and sophistication in a breath-taking waterfront setting.

Nestled on Palm West Beach, the hotel offers 171 elegantly designed rooms and suites with panoramic views of Ain Dubai, the Dubai Marina skyline, and the Arabian Gulf. The property embodies Ali Tumbi’s philosophy to “Live Life Well,” focusing on nurturing the mind, body, and soul.

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Real Estate

Reportage KSA 2024 sales topped SAR 350 million

7 projects expected in Riyadh in 2025

Reportage KSA 2024sales topped SAR 350 million

Riyadh, Saudi Arabia

March 24, 2025

Reportage KSA, a leading real estate developer in Saudi Arabia, announced total sales exceeding SAR 350 million in 2024, a new proof the success to their expansion strategy in the Saudi market.

“We continued to achieve outstanding performance over the past year, reflected in increased sales. This confirms our ability to keep pace with market changes and launch new projects that meet the needs of a diverse customer base,” said Eslam Hammam, CEO of Reportage KSA.

Hammam revealed the company’s strategic expansion plan for 2025, which includes the launch of more than 7 new projects in Riyadh, in addition to expanding in Jeddah, in line with the growing demand for modern and integrated residential communities.

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Real Estate

“ريبورتاج العقارية” السعودية تحقق مبيعات قياسية بقيمة 350 مليون ريال خلال 2024

“ريبورتاج العقارية” السعودية تحقق مبيعات قياسية بقيمة 350 مليون ريال خلال 2024

وتعتزم إطلاق 7 مشاريع في الرياض خلال 2025

الرياض، المملكة العربية السعودية، 24 مارس 2025:

أعلنت ريبورتاج العقارية، الشركة الرائدة في مجال التطوير العقاري في المملكة العربية السعودية، عن تحقيق إجمالي مبيعات تجاوز 350 مليون ريال سعودي خلال عام 2024، مما يعكس نجاح استراتيجيتها التوسعية في السوق السعودي.

وأكد إسلام همام، الرئيس التنفيذي لشركة ريبورتاج العقارية في السعودية، أن الشركة واصلت تحقيق أداء متميز خلال العام الماضي، وهو ما انعكس في زيادة مبيعاتها، ما يؤكد قدرتها على مواكبة متغيرات السوق وطرح مشاريع جديدة تلبي متطلبات شرائح متنوعة من المشترين.

وكشف همام عن الخطة الاستراتيجية التوسعية للشركة لعام 2025، والتي تتضمن إطلاق أكثر من 7 مشاريع جديدة في الرياض، إلى جانب التوسع في جدة، بما ينسجم مع الطلب المتزايد على المجتمعات السكنية الحديثة والمتكاملة.

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Business & Investments, Real Estate

Azizi Developments partners with SAP for comprehensive digital transformation

Azizi Developments partners with SAP for comprehensive digital transformation to support expansion drive

The developer is now adopting RISE with SAP and a range of SAP solutions for its operations, to enhance efficiency and leverage the latest AI capabilities

Dubai, United Arab Emirates, 21 March 2025:Azizi Developments, a leading private developer in the UAE, has entered a strategic partnership with SAP to drive an end-to-end digital transformation of its operations, supporting its ambitious growth plans. As a net new customer, Azizi Developments will adopt RISE with SAP Private Cloud, including SAP S/4HANA, as well as a wider range of SAP solutions that will enhance the services it delivers to its stakeholders, with a focus on its clients and staff.

The signing ceremony, which was attended by the Group CEO of the Azizi Group of companies, Mr. Farhad Azizi, and Senior Vice President, SAP Middle East and Africa – South, Mr. Sergio Maccotta, as well as other senior management figures of both entities and several other key stakeholders, was held at Azizi Developments’ offices in the Conrad Hotel on Dubai’s Sheikh Zayed Road on the 20thof March 2025.

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Real Estate

PALMA DEVELOPMENT ANNOUNCES 70% CONSTRUCTION PROGRESS AT SERENIA LIVING

  • The project is on track for completion by the end of 2025

Dubai, United Arab Emirates, 20 March 2025 – Palma Development, one of the most prestigious developers in the UAE real estate industry, has announced that Serenia Living, its AED 3 billion ultra-premium beachfront development on the crescent of Palm Jumeirah, has reached 70% completion. This milestone exemplifies substantial progress toward delivering one of Dubai’s most coveted projects, further reinforcing Palma’s dedication to timely project delivery.

Serenia Living, a uniquely designed development featuring 226 exclusive residences, including two-, three-, and four-bedroom apartments, full-floor and half-floor penthouses, and one of Dubai’s most exclusive Sky Mansions. The project’s high-end amenities include one of the largest residential swimming pools in the city, a state-of-the-art gym with a dedicated personal training area, multiple indoor and outdoor children’s play areas, and direct beach access.

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