Real Estate

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

Saudi real estate sector contributes 5.9 percent to GDP, hits $169.5 billion in transactions

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

Dubai’s real estate: A magnet for global wealth

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

Sheikh Khaled approves $900 million housing benefits package for citizens in Abu Dhabi

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

UAE Cabinet approves $457.9 million housing aid package for Eid

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

Qatar’s real estate trading volume reaches $346.41 million in May 2024

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

Saudi Arabia’s construction activity buzzing with $1.5 trillion pipeline: Report

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

Abu Dhabi real estate sector sees record $493 million FDI in Q1 2024

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