SearchProperty Management
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Izdihar Real Estate Fund achieves a significant milestone with the AED 233 million sale of Emaar Business Park – Building 3, underscoring Dubai’s real estate appeal.
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Agreement Signed at MENA Congress Retail in Riyadh
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A new chapter begins for KAFD as CEO Gautam Sashittal steps down after transforming the district into a global business and lifestyle hub.
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Humberts specialises in all aspects of the property market including residential sales, lettings & management together with RICS surveys and valuations.
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.jpg "Farnek wins security contracts worth over AED 25 million")
Innovative technology supports FM company’s growth in manned security sector
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The exploratory study was undertaken by Heriot-Watt University Dubai in partnership with Jacobs
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Red Sea Global celebrates milestone achievements for the Turtle Bay Hospital with design approval from the Ministry of Health and construction underway.
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The deal augments AESG’s portfolio of multidisciplinary services for the construction industry.
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Hotel owners and investors can increase their occupancy levels, and reduce expenses by becoming part of the Cristal Collection
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The Saudi capital’s iconic hotel enters a new era with Mandarin Oriental
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.png "Luxury home sales in Dubai hit US$ 7.6bn in 2023")
The Palm Jumeirah remains at the epicentre for luxury home sales in Dubai, according to Knight Frank.
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Thermal heating solution provided by Danfoss expected to achieve US$55,000 annual savings
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.jpg "Cavendish Maxwell welcomes Kieran Burley as Head of Commercial Agency")
The company has offices in Dubai, Abu Dhabi, Sharjah, Ajman, Kuwait City and Muscat
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This recognition is given to beaches, marinas, and sustainable tourism boats that demonstrate the highest levels of hygiene and sustainable tourism
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The partnership aims to improve the overall home health and wellbeing of residents in the UAE.
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Prabhu Ramachandran, CEO and co-founder of Facilio, comments on navigating a transformative landscape, in the year ahead.
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AlUla Development Company, fully owned by the Public Investment Fund (PIF), has signed a hotel management agreement with Six Senses – a luxury resort, spa and hotel operator – to open Six Senses AlUla in Saudi Arabia in 2027.
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By driving innovation, sustainability, and enhanced quality of living, digital real estate solutions play a pivotal role in the development of smart cities.
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The real estate market in Dubai experienced a record-breaking year in 2022 surpassing a whopping $65 billion. Despite global headwinds, the real estate market in the quaint but booming city continues to leap over other metropolises despite the economy, globally.
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Transform a closed Government School into a modern educational facility
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The software allows investors to view their portfolios in real-time 24/7 and significantly reduces the risk of human error
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With constantly evolving tenant expectations, property teams need a future-ready framework to accommodate the changes in the way their buildings operate.
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Raja Alameddine joins Colliers with over 30 years of experience in the real estate industry.
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Fadi Nwilati, CEO of Kaizen Asset Management Services speaks about achieving the 'Well' rating
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Aligned with the National Strategy for Wellbeing 2031, the UAE Net Zero by 2050 Strategic Initiative, and the Dubai Integrated Energy Strategy 2030
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SAGA International Owner Association Management Services will become part of Provis’ expanding portfolio
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The bottom-line approach aims to encourage organizations to reduce their carbon footprints to protect the nature and precious human lives
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The property management firm announced the new look as it builds on its industry position
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Commercial real estate services and asset management firm, CBRE has been signed on as a property manager for an upcoming mall in Bahrain
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.jpg "Digital payment transformation")
The recent move by Dubai Land Department to digitise rental cheque payments indicates that the emirate’s real estate sector is poised for transformation
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As part of the The Voice campaign, CM today gets up close and personal with some of the leading women in the built environment.
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As a part of the MoU, the entities will collaborate on a joint agenda to share knowledge and coordinate environmental awareness activities and events
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They will support the development of Masdar City Square, including Abu Dhabi’s first net zero energy office building on completion
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.jpg "Aldar Properties net profit increases to AED1.53bn in H1 2022")
Aldar Properties Group announced that its net profit rose to AED1.53bn in the first half of 2022, representing a year-over-year increase of 44%
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Drones will play a major role in the asset management sector within the coming years, predicts Mohammed Shawky, the founder of GeoDrones
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The 140-unit aparthotel marks the sixth regional opening for the group this year
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Muhammad Jawad, Property Manager, Imkan, believes it is high time to discuss the possibility of bringing property management industry standards up to par
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The gated community's recent designation as an investment zone allows all nationalities to purchase residential units in the development
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Wasl Asset Management Group has appointed Luxhabitat Sotheby’s International Realty for the sales of 1 Residences, the signature luxury residential complex within the Wasl1 master development
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SuperAgent uses millions of data points and aims to help home-seekers find the most responsive agents with up-to-date and improved knowledge of the properties
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Samana Developers recently handed over a AED100mn Samana Hills residential project, situated in the heart of Arjan
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The total volume of transactions in Dubai’s residential market reached 5,542 in May 2022, up 33.0% from a year earlier
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The development has received both its Civil Defence Certificate and Building Completion Certificate (BCC), and is scheduled to be handed over in the coming weeks.
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Off-plan properties are often priced below market value, allowing first-time buyers and experienced investors to benefit from lower prices and more flexible payment plans
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The company recently closed a bridge round in excess of US$3mn. Mad’a Investment Company, a Saudi firm, is the lead investor in the bridge round
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The ThinkProp Real Estate Training Institute, launched by Advanced Real Estate Services (ADRES) in Abu Dhabi, is set to host a free online workshop on the ‘Basics of Housing Construction’.
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Real state consultancy Land Sterling has tied up with GeoDrones Aerial Services to enhance its building surveying services
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Property managers saw a sharp increase in demand for virtual property tours during the pandemic. But now that the pandemic is almost over, are they still popular?
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.jpg "TECOM Group launches D/Quarters")
D/Quarters, aims to be a state-of-the-art co-working space that embraces the evolving business landscape, delivering cutting-edge facilities adaptive to future-focused businesses whether they are ambitious freelancers or large corporations
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In Saudi Arabia, the government’s programmes to boost home ownership have turbo-charged demand, development activity and house prices
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Asteco’s Q1 2022 report stated that real estate market activity in Abu Dhabi and Dubai remained strong in the first three months of the year as a result of government initiatives, economic growth and improved market sentiment.
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Global real estate advisor CBRE has been appointed by Jubail Island Investment Company (JIIC) to support with the leasing strategy and day-to-day leasing of the retail component within Phase 1 of Jubail Island, Abu Dhabi’s new megaproject.
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Airport authorities have been building more resilient security infrastructure that is able to monitor a large number of passenger movements as security threat is rising with new data driven technologies and significant passenger growth
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The Department of Municipalities and Transport (DMT) revealed that the UAE capital's real estate market recorded 3,304 transactions, reaching a value of Dh11.3 billion in the first quarter of 2022
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Emirates Stallions Group PJSC subsidiary, Royal Development Company (RDC), a property management firm, have been appointed by Q Properties to manage Reem Hills, the recently launched AED8 billion luxury residential project on Abu Dhabi's Reem Island
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The pandemic has played a massive role in revisioning schools and their design
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Healthy levels of leasing activity were seen in places close to developments with strong retail and F&B offerings, like 5A By The Waterway and Cairo Festival City
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Smart city technology can enhance energy efficiency through different solutions that leverage IoT and AI, including Digital Twins and Microgrids and Facilities Management (FM) technology
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Five out of 27 locations in Dubai have seen office rents return to pre-pandemic rates, while in Abu Dhabi, the city’s best buildings continue to demonstrate rental resilience, a new report states.
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.jpg "DLD makes all real estate data public on website")
Data includes details about sales transactions, mortgages, Ejari registrations, valuations, land, building and unit data, as well as broker, developer, and projects data
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Within months of launching The Pulse Beachfront onto the freehold market, Dubai South Properties managed to successfully sell-out 788 residential villas and townhouses
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Provis recently announced the acquisition of Dubai-based Mace Macro Group’s Owners Association business
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Bloom Holding, a real estate development company, has announced the launch of Bloom Living
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LITE will provide development management services, including design, project and cost management
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Aside from the UAE's monumental shift to a Monday to Friday work week, the entire GCC region has seen many updates and developments that affect the property and building market
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Naser Barhoum, Divisional CEO at iREC Holdings talks about the Real Estate development and management sector, and how they are progressively changing as demand grows for more sustainable and energy efficient homes and workplaces.
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Dubai-based H&S Real Estate has plans to restart and expand operations in China once travel restrictions due to Covid-19 are further eased
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Palm Jumeirah is popular location for real estate investors as they can earn a high yield, says CEO of Seven Tides International, the developer of Anantara the Palm Dubai Residences
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.jpg "DLD's weekly round up of real estate transactions")
Real estate and properties transactions were valued at 4.1bn, and the total number of transactions were 1,992
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Michael Kortbawi, a partner of BSA Ahmad Bin Hezeem and Associates, offers some insights into the recent Evernest Holiday Homes scam and the developments that are expected to follow
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The company’s sustainability efforts and investments conserved over 38mn kWh of total energy
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Snagging is the visual inspection of a property before the handover process
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.jpg "DLD's weekly round up of real estate transactions")
Dubai Land Department (DLD) recorded real estate and property transactions worth AED4.5bn during the week
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Real estate continues to serve as a key driver for the growth of various sectors and economic activities in the emirate
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Developers should build a more resilient future for emerging cities
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SmartCrowd sold a studio property in Dubai Silicon Oasis in just two hours, demonstrating the high demand amongst its community of investors
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As much as 98 plots were sold for AED685.36mn, while 994 apartments and villas were sold for AED1.93bn
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Capital value and rents of villas in Dubai's prime locations are expected to increase
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Sean McCauley, co-founder and CEO of Devmark Group, highlights the importance of embracing technology in the real estate market
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Alex Barzycki of CBRE talks about the need to maximise revenues from golf courses
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DLD, the first government building in Dubai to receive the rating, was rated for features like hygiene and air and water quality management
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Alex Hill, Added Value Services/ PM Specialist Advisory, CBRE talks about the importance of understanding and exploring the challenges of flexible office spaces
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The index, which comes in pursuance to a memorandum of understanding (MoU) signed in 2020, was launched by Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, and Thierry Delvaux, CEO of JLL Middle East, Africa and Turkey.
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CEO of award-winning Devmark Group urges property professionals to capitalise on innovative technology
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They will continue to introduce more innovative initiatives to demonstrate their support towards the national strategies.
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Its successful work across the Maldives, France, Morocco, and Oman has led UCC to expand operations across the Gulf region and Africa.
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.jpg "Qatar's real estate buoyed by country's successful vaccine programme")
With 78% of the population now fully inoculated – and the build-up to hosting of the 2022 FIFA World Cup are stimulating a resurgence of the nation's real estate market
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Founded in 2009, Eltizam is among the leading physical asset management companies in the UAE and broader GCC
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.jpg "Market sentiment and activity levels continue to improve in the UAE, says CBRE")
CBRE releases its UAE Market Review Q3 2021
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.jpg "“Post COVID in the built environment, we must focus on mental health”")
As part of the ongoing ‘Expert Talk’ series by CBRE, Alexander Barzycki, Associate Director, writes about the importance of closing the gap between population health and the built environment
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He is considered one of the distinguished Qatari cadres in Barwa Real Estate Group
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This constitutes the highest value of sales transactions in a month since January 2017
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 (1).jpg "Build Back Better: On the path to Net Zero")
In this bi-weekly blog series by CBRE, Alex Barzycki, Associate Director -MENAT Property and Asset Management, CBRE, sheds light on the importance of having sustainability agenda
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The inaugural edition of the awards was celebrated as a physical event at St. Regis, The Palm, Dubai
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.jpg "The emergence of hotelification")
In this biweekly blog, Alex Barzycki, Associate Director, MENAT, Property and Asset Management, CBRE, gives an insight into active asset management.
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Transaction to create the Global Program, Project and Cost Management Leader
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In this biweekly blog, Alex Barzycki, Associate Director, MENAT, Property and Asset Management, CBRE, sheds light on the usage of active asset management to attract and retain tenants and enhance property values.
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The Big 5 returns to Dubai live and in person from 12-15 September 2021 to support the MENA region’s $5.06 trillion future projects market
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Manal will be in charge of expanding, managing and driving Provis’s growing local and regional property management portfolios
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After the Covid-19 lockdown, why are we seeing an increase in sales of villas over apartments, as reported by DLD transaction reports?
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 (2).jpg "How the retail world is weathering the COVID-19 storm")
In this new bi-weekly blog series by CBRE, Alex Barzycki, Associate Director -MENAT Property and Asset Management, CBRE, sheds light on how landlords can be proactive and creative with their retail space to increase the value of their assets.
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.jpg "Tomorrow’s Office: Have we reset the way we work?")
In this latest bi-weekly blog series by CBRE sheds light on the need to accelerate asset repositioning. Written by Alex Barzycki, Associate Director, Property Management, CBRE, the piece reimagines the role and functionality of the physical offices
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As per the agreement, JLL is offering the development to a select group of pre-qualified investors, across nationalities, and is inviting bids until 15th of July
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Access control has gone way beyond just security. It is now charged with more tasks including disease prevention & control
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 (1).jpg "A fresh approach to office spaces")
CMtoday introduces a brand-new exclusive bi-weekly blog series by CBRE. This inaugural blog written by Lindsay McQuillan, Head of property Management, CBRE, talks about how modern offices are using technology to create a balance between social distancing and developing teamwork.
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.jpg "JLL signs agreement with acclaimed Turkish Restaurant CZNBURAK")
As part of the agreement, JLL will find potential investors, partners, and assist with multiple market entries
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JLL Releases Q1 2021 UAE Real Estate Market Performance report
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There are still untapped prospects in KSA, Land Sterling shares key insights on why investing here is a smart move
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Oman will be the first market to offer the service to clients.
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Surge in interest reflects a robust demand for property investment in the UAE, especially from first-time investors.
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The pandemic has forced the industry to rethink, adopt and reemerge for a different future
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The concept of fractional ownership is now slowly gaining traction. Experts discuss how this will shape the real estate market and the impact it will have on the built environment.
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CBRE Middle East has hired Arash Darabnia as a Director in the growing Real Estate Consulting team.
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The Q4 2020 UAE Real Estate Report published by Asteco reveals key market insights
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Mohamad Itani, CEO, Esrar Real Estate, gives an insight into the growing property management sector in the Kingdom.
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The firm noted that the entertainment, travel, hospitality and retail sectors faced the biggest challenges from the lockdown restrictions.
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.jpg "DLD expands smart valuation process to include buildings and villas")
The first phase witnessed the valuation of about 1,700 units since its launch in September 2020.
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In any crisis, opportunities are uncovered. The last year witnessed businesses across the region demonstrate agility, nimbleness, and most importantly, and resilience. And this has helped support the region in becoming one of the most rapid to bounce back for the repercussions of the COVID-19 pandemic.
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The report explores how the pandemic has altered the way many property management companies approach the future.
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Property Management Companies have risen to the challenges of the pandemic. Now it’s time to see what trends will fuel the future of Property Management in 2021.
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SmartCrowd sold a studio property in Dubai Silicon Oasis in just two hours, demonstrating the high demand amongst its community of investors
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SmartCrowd sold a studio property in Dubai Silicon Oasis in just two hours, demonstrating the high demand amongst its community of investors
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.jpg "Dubai’s real estate market records in June highest volume of sales in nine years")
Dubai’s real estate market recorded a total of 8,897 sales transactions worth AED22.75 billion, the highest volume of sales transactions for the month of June in the past nine years
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