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The real estate sector has a major role to play in helping improve sustainability and combating climate change
During the first half of 2024, Abu Dhabi recorded 12,439 real estate transaction activities with a value of AED36.2 billion
Transactions increased 26 percent from the prior month
This covers the period since the service was launched and until the end of the first half of 2024
This represents a 19 percent growth compared to the same period in 2023
The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023
The emirate's strategic location and quality of life make it an attractive hub for both residents and businesses
Riyadh witnessed increasing demand for quality spaces in the office sector as more international and local occupiers moved to the city
Al Ain City also saw substantial growth, with a 77 percent rise in rental contracts reaching 4,819 in 2024
Seven new real estate projects launched in the emirate, including residential complexes and towers.
This represents a year-on-year surge of 333 percent
Despite the surge in new units, the market remains imbalanced, with demand outpacing supply, data showed
Department's settlements enable parties to proceed with their investments, ensuring that real estate projects move forward
Construction of Aldar's The Arthouse is due to begin in the first quarter of 2025
The surge is equivalent to an additional KWD13 million compared to the previous week's trading value of KWD79 million
Dubai saw a 61.4 percent annual surge in transactions of off-plan contract registration, equivalent to investments worth AED59.9 billion
The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces
This reflects a 33 percent increase compared to the same period in 2023
Dubai's Arabian Ranches 3 has the highest return on investment (ROI) of 6.42 percent for luxury villas
The total transaction volume saw a 60.06 percent year-on-year growth, with 48,220 transactions recorded
The move aims to provide the world's best government services by eliminating bureaucracy and adopting efficient models
The project involves the construction of advanced educational institutions, cultural venues, modern offices, and a luxury hotel
The tower stands tall at 130 meters, encompassing 84,000 sqm of world-class facilities
Strategic technological investment is key to transforming community and resident experiences
