The Egyptian Kuwaiti Real Estate Development Company and Hassan Allam Holding subsidiary Grova West have partnered to build a mixed-use project in West Cairo. Spanning 295 acres in Sheikh Zayed City, the venture represents an investment expected to exceed EGP 250 billion. The development will feature a blend of residential apartments, villas, commercial spaces and medical facilities managed entirely by Grova West.
Dubai developer Emaar Properties has announced plans for an AED 200 billion master-planned district designed to accommodate nearly 150,000 residents. Spanning a built-up area of more than 4.5 million square metres, the self-sustaining urban project will integrate high-rise towers, luxury enclaves and commercial spaces. The development centers on a 20-minute city layout linked to the Dubai Metro network.
Dubai Holding Real Estate and Commercial Bank of Dubai have launched a digital home financing scheme. The programme serves UAE Nationals and residents buying off-plan or finished properties across Nakheel, Meraas and Dubai Properties. It introduces automated pre-approvals and early financing options once construction reaches 30%, offering conventional and Islamic options alongside premium banking rewards.
Kennedy Wilson has partnered with Dutch pension investor APG to form a 2 billion euro residential joint venture in Ireland. The platform will manage and develop over 3,400 private rented homes across Dublin. This includes taking a minority stake in the Cherrywood portfolio and building 2,300 new units on brownfield sites, increasing Kennedy Wilson's managed Irish portfolio to 6,900 homes.
Reportage Group has officially started construction on Sensi, a luxury housing development situated on Saadiyat Island in Abu Dhabi. The groundbreaking event took place on 05 June 2026, just five months after the initial project launch. This marks the developer's first project in the culturally significant district, aiming to deliver upscale architecture combined with competitive pricing for investors and homeowners.
AvalonBay Communities and Equity Residential have revealed the future executive leadership team for their combined firm. The appointments will take effect after the completion of their multi-billion dollar corporate merger, which is scheduled for the second half of 2026. The new entity will control a substantial residential portfolio containing more than 180,000 rental apartments across the United States.
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