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Accor to open the world’s largest Sofitel — Sofitel Jabal Omar Makkah — in 2026, featuring 1,141 rooms steps from the Holy Mosque. Developed with Jabal Omar Development Company, the project fuses French luxury with Saudi heritage, reinforcing Accor’s support for Vision 2030 and Makkah’s hospitality growth.

Clock06/11/2025

Dubai Land Department has won the 2025 Hamdan Flag for its Tamallak+ initiative, recognizing its leadership in digital transformation and customer-centric government services. The AI-powered platform has streamlined property transactions, cutting service completion time by 88% while further strengthening Dubai’s position as a global real estate investment destination.

Ras Al Khaimah is set to add 25,600 new homes by 2030, with apartments accounting for 97% of future supply, as population growth, rising foreign investment and major infrastructure projects continue to drive demand and strengthen the emirate’s property market.

Arada has launched Arada Capital, a new investment platform targeting real estate opportunities across the GCC and selected international markets, with a goal of managing US$5 billion in assets over the next four years.

Reading Time 4 minutes

The sector posted strong growth in the first half of 2026, driven by robust investor demand, economic resilience, and business-friendly policies. With record property sales and continued foreign investment, experts expect the momentum to carry through the rest of the year.

Clock06/07/2026
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