LondonMetric to buy UK's Urban Logistics REIT in a $925mln deal
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
2 hours ago
- Khaleej Times
Al Marwan Development breaks ground on Hawa Residences in Sharjah
Al Marwan Development, a major developer in Sharjah, has launched Hawa Residences in Tilal City. 'Hawa Residences is a milestone in our mission to redefine modern living,' said Majd Al Zaiem, Executive Director of Al Marwan Development. 'With every project, we uphold a tradition of meticulous planning, superior craftsmanship, and a deep respect for community. This is more than construction, it's about shaping the places where people's lives unfold.' Recommended For You Situated on an 88,400 square-foot plot, Hawa Residences rises over four designed floors, offering 268 apartments ranging from stylish studios to one-, two-, and three-bedroom homes. Each residence is defined by panoramic windows, private balconies, premium built-in wardrobes, and finishes hand-selected for elegance and durability. Residents will enjoy a lifestyle enriched by three landscaped courtyards, a large swimming pool, a children's play area, a serene Zen Garden, and covered parking for 282 vehicles. The development features 18 curated retail outlets, blending boutique shopping, gourmet dining, and everyday conveniences into a lively promenade. Hawa Residences is just 2 minutes from the Masaar track, 3 minutes from Victoria International School of Sharjah, 5 minutes from the Sharjah Grand Mosque, 14 minutes from Sharjah International Airport, 25 minutes from Dubai International Airport, and 6 minutes from the Dubai–Sharjah border, offering residents both peace and accessibility. The project is set for completion in the second half of 2028. webteam@
Arabian Business
2 hours ago
- Arabian Business
Sharjah real estate transactions pass $2bn in July 2025
Sharjah's real estate market recorded its highest monthly transaction value of 2025 in July, with total deals reaching AED7.5bn ($2.04bn) across 11,377 transactions, according to the Sharjah Real Estate Registration Department. Sales spanned more than 23.2million square feet, reflecting accelerating development and strong investor confidence underpinned by robust regulations, stable economic conditions, and expanding infrastructure. Sales transactions during July covered 114 distinct areas across the emirate, highlighting the broad distribution of buyer demand. Of the total transactions, 1,503 were sales deals (13.2 per cent), 593 were mortgages worth AED2.8bn ($762m), and 1,134 were initial sales contracts (10 per cent). Ownership deed transactions reached 4,682 (41.1 per cent), while 3,465 ownership certificates were issued (30.5 per cent). Sharjah real estate sector breakdown Lands sold: 857 Units in towers: 332 Built-in land transactions: 312 Land under construction: 2 Top deals and areas Highest single transaction: 'Arqoub Industrial' — AED251.8m ($68.6m) Largest mortgage transaction: 'Al-Mamzar' — AED135m ($36.8m) Highest number of sales transactions: 'Al-Sehma' (206), 'Muwailih Commercial' (200), 'Tilal' (186), 'Al-Metraq' (155) Highest trading values: 'Tilal' — AED467.9m ($127.4m), 'Muwailih Commercial' — AED340.8m ($92.8m), 'Al-Sajaa Industrial' — AED318.3m ($86.7m), 'Arqoub Industrial' — AED316.7m ($86.3m) Regional highlights Central Region: 134 transactions; 'Industrial Area 1' led with 31 sales; 'Al-Blida' recorded the highest value at AED60.2m ($16.4m) Khorfakkan: 13 transactions; 'Al-Harai Industrial' led in volume (5 sales); 'Al-Zubarah' highest value at AED1.5m ($408,000)
Arabian Business
2 hours ago
- Arabian Business
Dubai commercial property sales jump 271% in July 2025 as investors target premium spaces
Dubai's commercial property market is experiencing a powerful surge, with sales and leasing transaction values up 271 per cent month-on-month in July 2025, according to the latest market data from Allsopp and Allsopp. Transaction volumes also rose 75 per cent compared to June 2025. Year-on-year growth was even more dramatic — 283 per cent higher transaction values and a 40 per cent rise in volumes compared to July 2024. Commercial property in Dubai The standout figure is the average commercial sales price, which has more than tripled in a year — from AED4,272,036 ($1.16m) in 2024 to AED14,414,288 ($3.92m) in 2025. Analysts say this reflects investors' focus on premium, strategically located properties that drive competition and push up asset values. Average annual commercial rents stood at AED530,200 ($144,300) in July 2025 — significantly lower than AED1,698,390 ($462,200) last year — offering an opportunity for tenants to secure competitive deals before rates inevitably rise as supply tightens. Top investing nationalities in July 2025 included India, the Netherlands, Saudi Arabia, and the United Kingdom, underscoring Dubai's appeal to a diverse mix of entrepreneurs, SMEs, and multinational corporations. Market experts say the rapid acceleration in values and volumes sends a clear signal to developers: Dubai's commercial property sector is underserved. With more businesses relocating to or launching in the emirate, demand for Grade A offices, retail hubs, warehouses, and mixed-use complexes is only set to grow.
