real estate

KSA Investor Interest in Dubai Real Estate on the Rise

KSA Investor Interest in Dubai Real Estate on the Rise

Dubai: Azizi Developments, one of the leading private developers in the UAE, recorded an 8% increase in sales to investors from the Kingdom of Saudi Arabia (KSA) between 2018 and 2019. While UAE nationals still make up the largest customer demographic with 52%, KSA nationals now constitute 25%, followed by India with 10%, and Pakistan with 4%. The rest comprises investors from the GCC region, Europe, and China. KSA nationals are known to be knowledgeable and […]

Three60 Communities Dubai wins Community Management contract for KOA Canvas

Three60 Communities Dubai wins Community Management contract for KOA Canvas

Dubai: Three60 Communities Dubai (Three 60 Dubai), a subsidiary of Eltizam Asset Management Group and leading regional provider of management services to premium communities, has been awarded another contract with its appointment by KOA Real Estate Development LLC as the Owners’ Association Management (OAM) Company for their KOA Canvas in Dubailand. The new contract is aimed at ensuring the provision of a wide range of comprehensive OAM services to the brand new super-premium apartment community […]

E-commerce Surge to Drive UAE’s Warehouse and Logistics Market Growth: Lootah CEO

E-commerce Surge to Drive UAE’s Warehouse and Logistics Market Growth: Lootah CEO

Dubai:  With the evergrowing popularity of e-commerce and online shopping, the demand for warehouses is growing exponentially in the UAE. According to global real estate services and investment firm CBRE, despite growing demand, the supply for storage space in the country remains low.  Senaeyat, UAE’s first lease-to-own industrial warehouses by Lootah Real Estate Development is expected to significantly fill this gap. According to Saleh Abdullah Lootah, CEO of Lootah Real Estate Development, developer of Senaeyat, […]