The Dubai Land Department is set to host PropTech Connect Middle East 2026, the first regional edition of the real estate technology event, in February. It is expected to attract more than 3,000 participants from across the globe and over 1,500 companies across the real estate ecosystem.
Grnata Group has employed and trained more than 60 Bahraini employees through the various programmes offered by the Labour Fund (Tamkeen), as part of ongoing efforts to invest in national talent in the real estate and construction sectors.
Red Sea International Company has announced that its key subsidiary, Fundamental Installation for Electric Work Company, has secured a construction contract from Al Arab Hospital Company for the construction of a premium healthcare facility in Jeddah. The entire work on the 19-storey hospital will be completed within 420 days.
ShaikhTech, a Middle East-based technology company involved in proptech, has announced the beta launch of AmanaVest, its global investment access platform designed to enable global investors to explore curated real estate and other investment opportunities in Saudi Arabia.
International developer BCD Global has broken ground on its first project in the Warsan district of Dubai, thus marking the start of construction on a freehold housing development aimed at mid-market and long-term investors, with one- and two-bedroom apartments.
Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework.
Source of Fate (SoF), a high-end luxury real estate developer, has started work on its AED2.6 billion ($707 million) luxury waterfront project - Miraggio - located on Al Marjan Island in Ras Al Khaimah, featuring 810 residential units with a mix of studios and one- to three-bedroom apartments as well as premium amenities.
Arada, a UAE-headquartered developer, registered year-on-year sales growth of 199% in the UAE during 2025, with AED17.3 billion ($4.71 billion) worth of homes sold across master-planned communities and luxury developments in Dubai and Sharjah.
Ithmaar Development Company (IDC), a specialised company in the development and management of major development, real estate and other infrastructure projects, and a wholly-owned subsidiary of Ithmaar Group, has appointed Nayef Nasser Alnasser as a Managing Director of IDC, succeeding Mohammed Khalil Alsayed.
Emirates Developments has announced the signing of a landmark agreement with Jumeirah, a member of Dubai Holding, to develop Jumeirah Residences Al Maryah Island – a new expression of elevated living featuring 253 apartments in the range of one-to-five-bedroom units and other amenities.
