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03 September 11:44 AM

Real Estate

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2 September 12:17 PM Umm Al Qura launches pre-booking model for SAR 329m land sale at Masar
Riyadh - Mubasher: Umm Al Qura for Development and Construction Company introduced a new real estate investment model that allows land sales at the destination through a pre-booking mechanism, according to a press release. By factoring in both …
Companies Investments
Photo Gallery
2 September 10:40 AM RAK Properties enables crypto payment to attract global buyers
Abu Dhabi - Mubasher: RAK Properties has partnered with fintech Hubpay to allow international clients to purchase property using digital assets, including USDT, BTC, and ETH. Payments are instantly converted to AED and settled directly into the …
Companies Investments
Saudi Egyptian Developers
1 September 04:22 PM Saudi Egyptian Developers unveils rebranding to boost regional expansion
Cairo - Mubasher: Saudi Egyptian Developers Company celebrated its 50th anniversary with the launch of a new logo and refreshed visual identity, signaling the start of a new phase of growth and innovation. The rebranding, shaped as a diamond-heart …
Companies Investments
Photo Archive
31 August 05:37 PM GCC-focused Riyad Capital leads SAR 500m Sukuk issuance for Sumou Global Investment
Riyadh - Mubasher: Riyad Capital, a leading asset manager within Saudi Arabia and the GCC region, has issued SAR 500 million in SAR-denominated Sukuk for Sumou Global Investment Company. The three-year issuance marks the first of its kind offering …
Real estate
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31 August 09:02 AM Arada’s Masaar 3 development generates AED 12.5bn sales
UAE – Mubasher: Arada has launched Masaar 3, the latest and largest master plan of the UAE’s most successful forest community, recording total sales valued at AED 12.50 billion. The development scheme comprises 4,000 villas and townhouses spread …
Real estate
Photo Archive
27 August 07:00 PM Orascom Construction’s consolidated backlog hits $9.6bn in H1-25, backed by regional operations
Cairo – Mubasher: Orascom Construction logged a consolidated backlog of $9.60 billion in the first half (H1) of 2025, according to the financial results. Earnings before interest, taxes, depreciation, and amortization (EBITDA) hit $139.40 million …
Companies Investments
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26 August 11:45 AM Emirates NBD upsizes Dar Global’s syndicated facilities by $165m
Dubai - Mubasher: Emirates NBD has upsized syndicated conventional and Islamic term facilities for Dar Global, the wholly-owned subsidiary of Dar Al Arkan Real Estate Development Company, by $165 million, bringing the total amount to $440 million. …
Global Economy
Photo Archive
21 August 01:23 AM UAE-based Coraly.ai secures $2m funding to fuel regional expansion, international market entry
UAE – Mubasher: Proptech company Coraly.ai, formerly known as Coralytics, has recently closed a $2 million pre-seed funding round that was led by Salica Oryx Fund, a MENA-focused early-stage investment vehicle based in Abu Dhabi Global Market …
Real estate
Photo Archive
20 August 11:26 PM Proptech market in UAE likely to exceed AED 5.6bn by 2030 – Report
UAE – Mubasher: The proptech sector in the UAE is projected to be valued at AED 5.69 billion by 2030, according to market insights and analysis firm Research and Markets. The market would nearly triple and expand at a compound annual growth rate …
Macroeconomics
Photo Archive
14 August 04:50 PM RAK Properties logs 80% surge in H1-25 net profits
Abu Dhabi - Mubasher: RAK Properties registered AED 160.59 million in net profits after tax in the first half (H1) of 2025, an annual hike of 80% from AED 89.05 million. Basic and diluted earnings per share (EPS) hit AED 0.05 as of 30 June 2025, …
Financial Results
Dubai Residential REIT
11 August 10:23 PM Dubai Residential REIT records 10% higher net profit in H1-25, approves AED 550m dividends
Dubai – Mubasher: Dubai Residential REIT has delivered AED 622 million worth of net profit in the first half (H1) of 2025, marking a 10% year-on-year (YoY) growth that was driven by strong occupancy and operating performance, according to a press …
Board of Directors
Union Properties
6 August 10:13 PM Union Properties’ ServeU acquires House Keeping in AED 100m deal
Dubai – Mubasher: Union Properties, through its subsidiary the facilities management (FM) solutions provider ServeU, has carried out a strategic acquisition of House Keeping and House Keeping Domestic Workers, including their subsidiary. The deal …
Companies Investments
Emaar Development records AED 40.6bn property sales in H1-25
6 August 08:09 PM Emaar Development records AED 40.6bn property sales in H1-25
Dubai – Mubasher: Emaar Development sustained its strong momentum in the first half (H1) of 2025, delivering impressive results in both property sales and construction progress, according to a press release. The UAE development businesses …
Real estate
Emaar generates 34% higher net profit before tax in H1-25
6 August 07:13 PM Emaar generates 34% higher net profit before tax in H1-25; property sales hit AED 46bn, Egypt boosts int'l operations
Dubai – Mubasher: Emaar Properties achieved a net profit before tax worth AED 10.40 billion ($2.80 billion) in the first half (H1) of 2025, recording a growth of 34% compared to H1-24, according to a press release. In terms of sales growth, the …
Financial Results
Photo Archive
4 August 05:40 AM NCTH’s profits exceed AED 319.5m in H1-25; revenues up to AED 1bn
Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) recorded AED 319.63 million in net profit during the first half (H1) of 2025, compared to AED 111.76 million in H1-24. The company generated revenues valued at AED 1.06 …
Financial Results
Photo Archive
3 August 10:53 AM Deyaar Development generates AED 248.5m profits in H1-25; revenues hike 39%
Dubai – Mubasher: Deyaar Development logged net profits after tax worth AED 248.56 million in the first half (H1) of 2025, an annual jump from AED 188.66 million. Revenue increased by 39.20% year-on-year (YoY) to AED 925.42 million as of 30 June …
Real estate
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31 July 05:19 AM Union Properties unveils higher revenues in H1-25, AED 700m sales deal
Dubai – Mubasher: Union Properties recorded lower net profits at AED 14.56 million in the first half (H1) of 2025, compared to AED 34.77 million a year earlier. Revenue from contracts jumped to AED 315.66 million at the end of June 2025 from AED …
Financial Results
Photo Archive
29 July 10:58 AM Modon records AED 10bn sales in H1-25 backed by global expansion
Abu Dhabi - Mubasher: Modon Holding generated net profits after tax valued at AED 2.11 billion in the first half (H1) of 2025, compared to AED 8.73 billion in the year-ago period. Revenues amounted to AED 6.54 billion at the end of June 2025, …
Real estate
Photo Archive
29 July 10:14 AM Aldar’s profits surge 24% in H1-25; sales reach AED 18.3bn
Abu Dhabi – Mubasher: Aldar Properties achieved net profits after tax valued at AED 4.10 billion in the first half (H1) of 2025, an annual jump of 24% from AED 3.32 billion. Revenue and rental income hit AED 15.52 billion in H1-25, higher by 42% …
Financial Results
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14 July 04:13 PM Mira Developments launches MENA-focused real estate company via $3m investments
UAE – Mubasher: Mira Developments has invested $3 million into the launch of MENA-focused real estate investment agency Percent&Co, according to a press release. The new joint venture (JV) is developed to attract global investors seeking premium …
Real estate
Photo Archive
14 July 03:33 PM El Ebour expands business in UAE via new branch
Cairo - Mubasher: El Ebour Real Estate Investment has launched a new branch in Abu Dhabi, in line with its growth strategy to explore opportunities outside the local market, especially in key regional markets. The UAE-based branch will study …
Real estate
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7 July 06:29 AM Modon Holding generates AED 5.5bn sales from Wadeem project within 72 hours
Abu Dhabi - Mubasher: Modon Holding completed the sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales amounting to AED 5.50 billion. The strong sales make Wadeem 2025’s highest-valued real estate release in Abu …
Companies Investments
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2 July 04:24 PM Cityscape Global 2025 to launch in Riyadh in November
Riyadh – Mubasher: Cityscape Global, the largest real estate exhibition, is set to kick off in Riyadh during 17-20 November 2025, according to a press release. Held under the theme ‘The Future of Urban Living’, the event is sponsored by the …
Event
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1 July 06:07 PM Modon Holding launches Wadeem residential project on Hudayriyat Island
Abu Dhabi - Mubasher: Modon Holding has unveiled Wadeem, its first residential plot on Hudayriyat Island, according to a press release. The project offers more than 1,700 plots for buyers to design and build custom waterfront homes featuring a …
Real estate
Photo Gallery
1 July 04:37 PM Aldar acquires ALMARKAZ logistics assets from Waha Capital for AED 530m
Abu Dhabi – Mubasher: Aldar Properties has acquired high-quality warehousing and light industrial real estate assets in the Al Dhafra region from Waha Capital for AED 530 million. The transaction adds 182,500 square meters of net leasable area …
Companies Investments