News / Developers

Rising Prices of Mid-Range Properties in Dubai: An Increase of 12% to 40

Recent data reveals that the prices of mid-range properties in Dubai have increased by between 12% and 40% from the beginning of 2024 through the end of the third quarter, compared to the same period in 2023. This significant increase reflects the high demand for this segment of the real estate products in Dubai, Invest-Gate reports.

Asset Tap Secures Exclusive Contract to Market “Gate Eight” Project with EGP 1 Bn Investment

Asset Tap has announced its exclusive contract to market the “Gate Eight” project, owned by Gate Eight for Project Management, Invest-Gate reports.

Binghatti Completes 6 Landmark Projects with 2,062 Luxury Residential Units in Jumeirah Village Circle

Binghatti Developers has once again solidified its reputation as the UAE’s fastest property developer by delivering six major residential projects in record time, Invest-Gate reports.

Egyptian Developers Accelerates Construction of Jaya East Mall, Prepares for New Project in Shorouk City

Egyptian Developers has successfully implemented a robust construction strategy for the Jaya East project in Shorouk City, achieving a notable 90% completion rate ahead of schedule, Invest-Gate reports.

Madinet Masr and El Hazek Construction Formalize Partnership to Enhance Development in Taj City with an Investment Surpassing EGP 900 Million

Madinet Masr (EGX code: MASR.CA), a prominent developer in Egypt’s urban community developers, announced the signing of a Memorandum of Understanding (MoU) with El Hazek Construction to advance infrastructure development and expedite the construction of residential villas within the "Elect" project located in Taj City with an investment exceeding EGP 900 million, Invest-Gate reports.

Global Urban Developments, El Shennawy Group Form Strategic Alliance to Develop Finsquare Mall in NAC’s Financial District

Mahmoud Omar, Managing Director of Global Urban Developments, and Omar El Shennawy, Chairman of El Shennawy Group, signed a contract to develop and launch Finsquare Mall in the distinguished financial district of the New Administrative Capital (NAC), Invest-Gate reports.

Air Quality in NAC Exceeds International Safety Standards by Twice the Permitted Levels

As part of the Administrative Capital for Urban Development's (ACUD) commitment to sustainability indicators in all aspects, including environmental safety, and in cooperation with the General Administration of Air Quality at the Ministry of Environment, air quality indicators were monitored in the New Administrative Capital (NAC) from August 1 to the end of November, Invest-Gate reports.

Hassan Allam Holding, Nesma Holding Form Strategic Partnership to Boost Logistics Infrastructure, Regional Economic Growth 

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, in joint venture with Defaf United for Logistics, a subsidiary of Nesma Holding, announces a strategic collaboration to invest in and develop an advanced off-port terminal in King Abdullah Economic City (KAEC), adjacent to King Abdullah Port, Invest-Gate reports.

Consortium Developments Unveils Sequoia Cascada Project in Collaboration with Misr El Khadra Urban Development

Consortium Developments, a prominent player in the real estate sector, has announced its plans to launch the Sequoia Cascada project in collaboration with Misr El Khadra Urban Development, with construction set to commence in the first quarter of 2025, Invest-Gate reports.

ARQA Development Group Achieves Over EGP 1.5 Bn in Sales for ANNEX 26 Project in 45 Days

Ahmed Zeyada, Chief Commercial Officer at ARQA Development Group, stated that the company achieved record sales in the ANNEX 26 project, exceeding EGP 1.5 bn in just 45 days since the official launch on October 8, 2024, Invest-Gate reports.

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