Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion).
Hassan Allam, a leading engineering and construction group, said its subsidiary, Hassan Allam Construction Saudi along with its joint venture partner UCC Holding Saudi, has officially signed the contract for Waldorf Astoria Hotel, Residences, & Mixed Use Superblock in Diriyah, Saudi Arabia.
Object 1, a leading UAE developer, has announced the completion of its second project, V1TER Residence, a residential development located in District 12 of Jumeirah Village Circle (JVC) in Dubai. Rising 25 storeys, it comprises 175 apartments, including studios, one-, two- and eight three-bedroom homes.
UAE-based Alyakka Developers has begun handing over the units at Waha Living, its inaugural freehold residential development in Jumeirah Garden City in Dubai, featuring 71 residences with a mix of studios, one- and two-bedroom apartments along with private balconies.
Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area. The SAR1.35 billion ($359 million) project will boast branded residences as well as retail and hospitality assets.
Sobha Realty, a leading global luxury real estate developer, is planning to hand over 6,819 units across Dubai in 2026, representing a total sales value of approximately AED21.6 billion ($5.88 billion).
Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert.
Abu Dhabi-based Modon Holding has joined hands with hospitality brand Nammos for the launch of its first fully integrated destination in Egypt - Nammos Ras El Hekma. Part of the $35 billion Ras El Hekma masterplan, it will boast branded homes, a luxury resort, restaurant and beach club.
Dubai master developer Nakheel has released the next phase of Palm Central Private Residences on Palm Jebel Ali, reflecting continued demand for premium beachfront living in Dubai. The project features 222 residences across three low- to mid-rise buildings.
Hassan Allam Holding, a leading engineering and construction company in the Mena region, said one of its key subsidiaries, in a joint venture with UCC Saudi, has secured the contract for Waldorf Astoria Hotel, Residences & Mixed Use Super Block located within the kingdom's mega development Diriyah.
