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Emaar reports strong start to 2026, with property sales up 16% to AED 22.4 billion (US$ 6.1 billion); revenue backlog reaches AED 163.4 billion (US$ 44.5 billion)
Reading Time 4 minutes

Emaar Properties reported a strong start to 2026, with property sales up 16% to AED 22.4 billion and revenue growth of 23%, supported by sustained demand, operational efficiency, and a record backlog of AED 163.4 billion.

Clock11/05/2026
Abu Dhabi’s Construction Sector Moves into a Higher‑Value Phase

Abu Dhabi’s construction sector is entering a new phase of growth, driven by advanced technologies, high-value projects, and stronger private sector participation, with active construction licenses surpassing 38,600.

Dubai South emerges as Emirate’s real estate powerhouse

Dubai South maintained its position as Dubai’s top-performing property market in May, recording 1,357 sales transactions worth AED1.6 billion. According to fäm Properties, residential sales in the area have surged 36.4% since late February, driven by strong demand for off-plan developments and growing investor confidence.

Saudi developer Al Ramz to acquire full ownership of Riyadh real estate fund

The mixed-use project will feature around 1,800 residential units, 250 commercial and office units, and hospitality components, with Al Ramz expecting the acquisition to support long-term growth and strengthen returns through 2031.

El Gouna Red Sea marks a new chapter with the launch of Marina Island by Tuban
Reading Time 2 minutes

El Gouna has launched Marina Island by Tuban, a premium waterfront destination featuring a marina, retail, dining, and luxury island living in the heart of the town.

Clock28/05/2026
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