IRHM, Your Global Window into Real Estate and Hospitality

August 18, 2026

Residential

Riyadh-based developer Liwan Real Estate Development has announced Liwan Najd, a SAR 4.5 billion ($948 million) mixed-use development, at Cityscape Global 2025. The project will feature approximately 2,500 residential units across various types, located next to the Al Yarmuk Metro Station in the Granada District. Spanning 151,308 sqm with a 600,000 sqm built-up area, over 60% of the project will be dedicated to open and landscaped areas.

Efforts to deliver 100,000 mixed housing units across the South-East region of Nigeria have commenced following a major agreement in Enugu. The $10 billion (N15 trillion) Public-Private Partnership (PPP) is between the Igboebinie Plc consortium and Hand of God Construction Company Limited. The project will feature smart city designs and will create an estimated three million jobs. The development aims to tackle Nigeria’s significant housing deficit and redefine urban infrastructure, positioning the region as a hub for investment and sustainable living.
Dar Al Majed Real Estate has entered a major partnership with the Jadwa 47 Fund, managed by Jadwa Investment Company, to build a high-quality mixed-use project in Riyadh. The development, located on King Salman Road next to the SABB station, covers over 8000 square meters. Its estimated total development cost is approximately one billion riyals. Dar Al Majed will act as the exclusive developer and holds an option to invest 50 million riyals in the fund
La Premiere Realty and Gables Construction Group have officially announced a major new exclusive collaboration based in Coral Gables, Florida. The partnership is designed to offer clients a fully streamlined service for property acquisition and subsequent construction work. The integrated service begins with La Premiere Realty handling the land acquisition phase. It then moves directly into construction, culminating in a fully constructed, move-in-ready home delivered by Gables Construction Group.
KORA Properties, the real estate arm of APPCORP Holding, has launched IL VENTO, a 40-floor luxury apartment tower in Dubai Maritime City. Named after the Italian word for ‘The Wind,’ the tower features 330 apartments, including four penthouses with private pools. The development blends serene coastal beauty with urban convenience, being only 15 minutes from Dubai Mall and the airport. It offers residents over 40 facilities and amenities, including a sky pool and yoga area.
DAMAC Properties has launched DAMAC Islands 2, its seventh master community in Dubai, with a focus on redefining waterfront living. The development draws inspiration from eight picturesque island destinations including Antigua and Mauritius. Building on the success of DAMAC Islands, the new project features crystal lagoons, lush landscapes and wellness-focused designs. The launch event at the Coca-Cola Arena was hosted by Hussain Sajwani and Amira Sajwani. Star appearances were made by Bollywood actors Ranbir Kapoor and Alia Bhatt.

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