Real Estate

Ajman emerges as sought-after destination, rental transactions surge 49 percent to $619.93 million in H1 2024

The emirate's strategic location and quality of life make it an attractive hub for both residents and businesses

Riyadh’s residential market sees 51.6 percent rise in sales deals in Q2 2024: Report

Riyadh witnessed increasing demand for quality spaces in the office sector as more international and local occupiers moved to the city

Abu Dhabi’s residential rental contracts surge 102 percent to 49,135 in H1 2024

Al Ain City also saw substantial growth, with a 77 percent rise in rental contracts reaching 4,819 in 2024

Sharjah’s real estate market soars to $4.95 billion with 10,809 transactions in H1 2024

Seven new real estate projects launched in the emirate, including residential complexes and towers.

Dubai’s real estate market poised for expansion, with over 30,0000 units to be delivered in H2 2024: Report

Despite the surge in new units, the market remains imbalanced, with demand outpacing supply, data showed

DLD completes 647 real estate settlements worth $376 million via Oqoodi Platform in H1 2024

Department's settlements enable parties to proceed with their investments, ensuring that real estate projects move forward

Aldar unveils ‘The Arthouse’ residential community in Abu Dhabi’s Al Saadiyat

Construction of Aldar's The Arthouse is due to begin in the first quarter of 2025

Kuwait’s real estate market reports $300.86 million in transactions, 14 percent rise week-over-week

The surge is equivalent to an additional KWD13 million compared to the previous week's trading value of KWD79 million 

Dubai property market thrives with 11.5 percent rise in residential sales: Report

Dubai saw a 61.4 percent annual surge in transactions of off-plan contract registration, equivalent to investments worth AED59.9 billion

Dubai’s office stock grows by 20,000 sq. m., Abu Dhabi adds 7,500 sq. m. in Q2 2024: Report

The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces

UAE’s Ajman property transactions top $2.45 billion in H1 2024

This reflects a 33 percent increase compared to the same period in 2023

Dubai’s real estate sector sees 12.2 percent rise in transaction volumes in H1 2024: Report

Dubai's Arabian Ranches 3 has the highest return on investment (ROI) of 6.42 percent for luxury villas

Dubai’s real estate transactions surge 35.7 percent to $33.5 billion in Q2 2024: Report

The total transaction volume saw a 60.06 percent year-on-year growth, with 48,220 transactions recorded

UAE citizens can now claim VAT refunds for new home construction via new smart app

The move aims to provide the world's best government services by eliminating bureaucracy and adopting efficient models

Saudi Arabia’s Diriyah Company signs $2 billion development contract to develop new mixed-use district

The project involves the construction of advanced educational institutions, cultural venues, modern offices, and a luxury hotel

Saudi Arabia reveals designs for world’s tallest sports tower in Riyadh

The tower stands tall at 130 meters, encompassing 84,000 sqm of world-class facilities

Residents have gone digital, it’s time communities do the same

Strategic technological investment is key to transforming community and resident experiences

Qatar real estate sector sees 285 deals worth $304.1 million in June 2024

A recent report projected the country's real estate sector to reach QAR155.7 billion by 2028

Ras Al Khaimah government increases stake in RAK Properties to 34 percent

RAK Properties earned a revenue of AED289.81 million ($79 million) in Q1 2024, a 12 percent increase

Dubai’s rising property supply to ease rent price growth in 2024: Report

In May 2024, the total volume of real estate transactions reached a record-high of 15,766

Dubai’s Q2 residential real estate market soars with 35,310 transactions and 20.5 percent YoY growth

The surge was driven by the rising popularity of customizable units and stable investment returns

Dubai’s mortgage market at 14-month high: Top areas seeing highest activity

Data indicates a growing trend of buyers, often younger individuals, seeking properties in popular lifestyle and social hubs