Category Archives: Real Estate

Real Estate

Al Habtoor Group Reinforces Confidence in Dubai with Landmark AED 5 Billion Investment

09 April 2026, Dubai, UAE: Al Habtoor Group announced today a landmark investment exceeding AED 5 billion in Dubai’s real estate sector, further reinforcing its long-standing confidence in the strength, resilience, and global appeal of the emirate’s investment environment.

The Group confirmed that the investment will be directed towards the development of a new landmark commercial tower within Al Habtoor City, located in the heart of Dubai on Sheikh Zayed Road. The project will be developed to the highest international standards and is set to become a prominent addition to the city’s evolving skyline.

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Real Estate

MERED Advances Riviera Residences Project in Abu Dhabi

Riviera Residences on Al Reem Island Enters Deep Foundation Works as MERED Maintains Construction Momentum

Abu Dhabi, UAE – 09 April 2026: MERED, the award-winning developer, has announced that main piling operations are now progressing at Riviera Residences, a waterfront residential tower in Abu Dhabi, Al Reem Island. The milestone follows the completion of 60% of enabling works, including guide walls, shoring, contiguous piling, and ground improvement across both zones, as well as deep foundation works. The progress underscores the resilience of Abu Dhabi’s premium residential market and the strength of the emirate’s off-plan delivery.

Michael Belton, CEO of MERED

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Real Estate

Sanzen Launches Sukoon: Homes Designed for Daily Wellbeing

Sanzen Begins Construction on Sukoon — A New Kind of Residential Community in Sharjah, Built Around Everyday Wellbeing

Dubai, United Arab Emirates — Tuesday, 7 April 2026

Sanzen has officially commenced construction on Sukoon by Sanzen, an AED 1.5 billion residential development in Sharjah comprising 859 villas and townhouses across four phases. The project takes a deliberately different approach to how homes and communities are designed in the UAE — one built around daily wellbeing rather than weekend escapes.

The construction launch comes at a moment when many regional developers are choosing to pause. Sanzen’s decision to break ground now is a deliberate statement of confidence in the UAE economy, the long-term resilience of its real estate sector, and the strength of buyer demand the company has seen since launch.

Construction officially began on 7 April 2026. The announcement was made at a signing ceremony held at Sanzen’s office in Festival Tower, Festival City, Dubai, where Sanzen and PTC Contracting signed the construction agreement in the presence of senior leadership from both companies and more than 20 media representatives.

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Real Estate

سانزين تطلق أعمال البناء في مشروع «سكون» بالشارقة… مجتمع سكني جديد يعيد تعريف جودة الحياة اليومية

شركة سانزين للتطوير العقاري

سانزين تطلق أعمال البناء في مشروع «سكون» بالشارقة… مجتمع سكني جديد يعيد تعريف جودة الحياة اليومية

دبي، الإمارات العربية المتحدة — الثلاثاء، 7 أبريل 2026

أعلنت شركة «سانزين للتطوير العقاري» عن بدء أعمال البناء رسميًا في مشروعها السكني «سكون من سانزين»، الذي تبلغ قيمته 1.5 مليار درهم، ويضم 859 وحدة سكنية من الفلل والتاون هاوس موزعة على أربع مراحل في إمارة الشارقة. ويقدم المشروع رؤية مختلفة لتصميم المجتمعات السكنية في دولة الإمارات، ترتكز على تعزيز جودة الحياة اليومية، وليس فقط توفير مساحات للراحة المؤقتة.

ويأتي إطلاق أعمال البناء في توقيت يشهد فيه القطاع العقاري الإقليمي حالة من الترقب لدى بعض المطورين، إلا أن «سانزين» اختارت المضي قدمًا بثقة، في خطوة تعكس إيمانها بقوة الاقتصاد الإماراتي، ومتانة القطاع العقاري، واستمرار الطلب من المشترين منذ إطلاق المشروع.

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Real Estate

Abu Dhabi Real Estate Transactions Surge 160.7% in Q1 2026

Abu Dhabi Real Estate Centre reports 160.7% growth in transactions to AED 66 billion in Q1 2026, the highest quarterly performance on record

  • Total transactions reached AED 66 billion across 13,518 transactions
  • Sales and purchases drove the majority of activity, totalling AED 50.97 billion (up 228.6%), while mortgage transactions reached AED 15.03 billion (up 53.4%).
  • Development activity continued to expand, with 16 new projects registered
  • Hudayriyat Island emerged as the top-performing area with AED 11.97 billion in transactions, followed by Reem Island (AED 9.45 billion) and Saadiyat Island (AED 8.8 billion).
  • Strong demand continues to outpace supply, emphasising the market strength
  • Foreign direct investment saw growth of 423%, reaching AED 8.27 billion from investors representing 99 nationalities, equivalent to the total FDI recorded throughout all of 2025.

Abu Dhabi, UAE – 7 April 2026: The Abu Dhabi Real Estate Centre (ADREC) the custodian and regulator of the Abu Dhabi’s real estate sector, has reported that total transaction value reached AED 66 billion representing a 160.7% increase across 13,518 deals in the first quarter of 2026 in the emirate, compared to AED 25.31 billion from 6,896 transactions in the same period of 2025.

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