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

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

The beach will cover an area of 330 hectares

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

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

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

The sector recorded more than 280,000 transactions since the beginning of 2024

Near constant investments in infrastructure and connectivity have provided a robust foundation for economic growth and high living standards

Housing benefits package includes over AED3.046 billion in housing loans, which will help 1,766 citizens

The Cabinet also approved the launch of the "Manzili" bundle, which offers 18 housing services through 24 government entities

Data revealed that 322 real estate transactions were recorded during the month

71 projects have already been completed in 2023

Saudi Arabia accounts for 39 percent of the total MENA pipeline value of $3.9 trillion

Abu Dhabi real estate transactions reached AED19.4 billion in Q1

Transforming the region with accessible and sustainable living solutions

As many as 17,713 transactions were recorded during the month

The extended growth is due to HNWIs' interest in luxury property investment in Dubai

The revamped Dubai Mall will see 240 new luxury retail and dining options

Residential sales saw a 3.7 percent increase compared to Q4 of 2023

Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent

The wider project, estimated at $2.53 billion, has been officially named Al Mizn Neighbourhood

According to Knight Frank, Dubai's prosperity has been fuelled by its transformation into a global commerce hub over the last 50 years

Real estate sector contributed close to 20 percent of Egypt's GDP in 2023

Initiative aims to develop property innovation and attract real estate technology companies to Dubai