The UK government's housing agency, Homes England, has launched a £21.8 million revenue injection via the Council Housebuilding Support Fund to assist local authorities in developing affordable housing plans. Running through March 2029, the funding provides technical, staffing, and pre-development support to help approximately 75 local councils prepare successful capital grant bids under the government's flagship £39 billion Social and Affordable Homes Programme.
Saudi developer ROSHN Group and Talaat Moustafa Group Saudi have signed a preliminary agreement to set up a joint venture for a major mixed-use development in Riyadh. TMG Saudi will hold a 51% stake and ROSHN Group will hold 49%. Initial studies indicate the project could deliver over 55,000 residential units alongside commercial, healthcare, educational, and leisure amenities.
Abu Dhabi developer Aldar has announced the launch of Yas Riva Reserve, a gated villa community to the northeast of Yas Island. Featuring 292 four-, five- and six-bedroom villas, including 45 waterfront units with pontoon options, the development links directly to Yas Island via a new bridge. Sales open on 26 September with prices starting from AED 7.9 million.
Nakheel has awarded an AED 800 million main construction contract to Metac General Contracting Co for Phases 1 and 3 of Bay Grove Residences on Dubai Islands. The package covers 537 homes across seven buildings, with completion targeted for late 2028. The development is part of the broader Dubai Islands master plan, which will feature 1,154 properties across 15 buildings upon completion.
Developer Sun Group has launched Sun Glory Residence, a 3.7-hectare residential complex featuring nearly 3,500 luxury apartments in Vinh, Nghe An. Located at the junction of Le Hong Phong and VI Le Nin avenues, the development consists of five towers, including a 37-storey building. It offers over 37 exclusive amenities, 25,000 square metres of commercial space and 10,650 square metres of green areas.
DHG Properties has officially secured the Building Completion Certificate for Helvetia Residences in Jumeirah Village Circle. The 25-floor project marks the developer’s first completed project in the UAE, delivering 430 apartments across 73,000 square metres of built-up space. Completed in two years with a peak workforce of 1,100, the scheme introduces the firm's signature brand to Dubai's residential market.
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