Real Estate

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

Rise of affordable housing to boost MENA’s real estate sector

Transforming the region with accessible and sustainable living solutions

UAE’s real estate market to reach $707.86 billion by end of 2024: Report

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

Dubai Mall to undergo $408.4 million expansion

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

Qatar’s real estate sector sees 89 percent quarterly rise in mortgage transactions: Report

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

Residential Q1 sales transactions up by 77 percent year-over-year in Riyadh

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

Sheikh Khaled inaugurates phase one of Abu Dhabi’s $844 million North Bani Yas housing project

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