Dubai, UAE -- The total value of real estate transactions conducted in Dubai during the week ending 10 November 2023, exceeded AED 10.3 billion ($2.80 billion), according to figures released by the Dubai Land Department (DLD). The DLD report showed that 1,782 sales transactions worth AED7.4 billion were conducted, with...

Doha, Qatar - The real estate market in Qatar witnessed a significant surge in trading activity as the Department of Real Estate Registration at the Ministry of Justice reported QR 220 million ($60.42 million) in sales contracts from Oct 29 to Nov 2, 2023. According to the latest Real Estate...

Global firms looking to hire space for offices and demand from govt, local dwellers have turbocharged the sector, driving property prices and rents to highs not seen in recent years.

Riyadh, Saudi Arabia -- More than 70,000 transactions worth SAR 56 billion ($14.92 billion) have been conducted on Saudi Arabia's Real Estate Market since its launch about two months ago. The traded real estate areas amounted to about 550 million square meters (sqm), Argaam reported. Real Estate Market provides its...

Dubai's evolution from a simple fishing village to a premier global tourist hub is credited to its innate advantages, deliberate investments, and cohesive destination development.

Dubai, UAE -- Dubai recorded 116,116 real estate transactions worth AED 429.67 billion ($116.98 billion) during the first nine months of 2023, recording more than 36.7 percent in value and 33.8 percent in the number of transactions compared to the same period in 2022. Real estate investments also witnessed steady...

Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.

Doha, Qatar -- Qatar recorded real estate trading volume in sales contracts worth QR 308 million ($84.59 million) for the Oct. 15-19 period, the country's Department of Real Estate Registration at the Ministry of Justice said. Total sales contracts for residential units for the same period was QR 1.09 billion....

DUBAI, UAE – A real estate brokerage based here has compiled the 10 largest land deals in the Emirate since the beginning of this year, with a total value of US$2.3 billion (Dhs8.6 billion). The study based on data from the Dubai Land Department showed that the largest land sale...

This is the real estate giant's first office in the UAE.

Dubai's fintech expansion, the enticing Golden Visa program, competitive tax structures, a talented workforce, and a robust real estate sector collectively amplify its allure on the global stage.

Dubai, UAE -- A total of 1,659 real estate transactions worth over AED 12.9 billion ($3.51 billion) were conducted during the week ending 13th October 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 297 plots were sold for AED 5.08 billion, while...

DOHA, QATAR - The volume of real estate trading in sales contracts at the  Department of Real Estate Registration at Qatar’s Ministry of Justice during the period from October 1 to 5, 2023 reached US$68 million (QR 249,404,838). Total sales contracts for residential units in the Real Estate Bulletin for...

Abu Dhabi, UAE -- Oxford Economics, an independent economic advisory firm, has predicted that the UAE economy will grow by 4.4 percent in 2024, driven by, among other things, government initiatives to support economic diversification. Scott Livermore, Chief Economist, Oxford Economics Middle East, and Managing Director, told WAM that the...

DUBAI, UAE -  A total of 1,445 real estate transactions worth over US$2.5 billion (AED 9.5 billion) were conducted during the week ending October 6, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 248 plots were sold for US$476 million ( AED...

Dubai, UAE -- The value of real estate deals in Dubai increased by 40 percent to reach AED 97.55 billion ($26.55 billion), compared to AED 69.5 billion in the third quarter of 2022, real estate company D&B Properties said. The emirate's market surged 22 percent in terms of transactions, with...

The Chinese company had only just resumed trading a month ago, after it was suspended for 17 months for not publishing its financial results. On Sunday, the firm said it was unable to issue new debt as its subsidiary, Hengda Real Estate Group, was being investigated.

Xu Jiayin, who is known as Hui Ka Yan in Cantonese, was taken away by authorities earlier this month, according to anonymous sources cited by Bloomberg News. He is being held under "residential surveillance", the report said, which does not mean he has been arrested or charged with a crime.

Scholz's government had promised to build 400,000 homes a year to alleviate an endemic housing shortage made worse by burgeoning demand from an inflow of refugees and foreign workers. But building permits have nose-dived 25 percent between January and June compared to a year ago.

TRENDS digs into Saudi Arabia's booming real estate sector and ambitious projects to find how they offers investors lucrative, long-term, and sustainable growth opportunities.

The exhibition saw the launch of massive real estate ventures, including integrated, modern cities, with a combined investment of around $18.3 billion. Some of the these projects are nearing completion.

Doha, Qatar -- The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice between 10 Sept. and 14 Sept. 2023 reached more than QR 218 million ($60 million). Total sales contracts for residential units in the Real Estate Bulletin...

This trend, driven by affluent investors and global rate hikes, underscores the city's robust economic allure and the confidence investors place in its property market.

AJMAN, UAE – Real estate transactions in August achieved a growth of 61.5 percent compared to the same period in 2022, totalling over US$408 million  while trading volume reached US$181 million, Department of Land and Real Estate Regulation in Ajman said. Director-General of the Department of Land and Real Estate...

Cryptocurrency magnates, Asian bankers, wealthy Russians, and government reforms are playing a crucial role in solidifying Dubai's global real estate prominence, says a report.

The kingdom’s Minister of Housing, Majid Al-Hogail recently said that Gulf country's residential real estate finance is expected to exceed 1.2 million contracts with a value of SR600 billion ($162 billion) by 2030.

Washington, US--The International Monetary Fund plans to tell China to boost weak domestic consumption, address its troubled real estate sector, and rein in local government debt, problems that are dragging down both Chinese and global growth, IMF Managing Director Kristalina Georgieva told a media outlet. The Fund will strongly urge...

DUBAI, UAE - A total of 2,329 real estate transactions worth over US$3.4 billion (AED 12.7 billion) were conducted during the week ending September 15, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 549 plots were sold for US$1.1 billion (AED 4.25...

The accolade recognizes RSG's commitment to sustainability.

GCC real estate hits $90.7 billion in the first half of 2023, a 9.9% year-on-year increase, with Dubai leading the market, contributing 54 percent to the total value.

This TRENDS infographic dives into Saudi Arabia’s ambitious transformation to discover how the Kingdom is reshaping its future with high investments in the real estate sector and infrastructure projects.

Dubai, UAE – The Dubai Land Department (DLD) reported over 3,200 transactions worth AED 24.7 billion last week and this upwards trend appears to have become a staple of permanence in the emirates’ real estate market. Sales frequency has surged on the heels of investor confidence being renewed amid continued...

Doha, Qatar -- Qatar real estate market recorded deals worth QR1.011 billion ($277 million) in the month of August 2023, the emirate's Real Estate Registration Department data showed. The data said that a total of 297 real estate transactions were recorded during the month. Doha, Al Rayyan, and Al Wakrak...

DOHA, QATAR - The volume of real estate trading in non-residential sales contracts at the Department of Real Estate Registration at the country’s Ministry of Justice from August 27 to August 31, 2023, reached US$ 68 million (QR 250,159,704). The total sales contracts for residential units in the Real Estate...

BEIJING, CHINA - Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default, Bloomberg reported on Saturday. One of China's biggest builders, Country Garden had racked up debts estimated at 1.43 trillion yuan ($196 billion) by the end...

GCC-listed companies' net profit dropped to US$ 57.9 billion in Q2-2023. While retail, capital goods, and utilities sectors faced profit declines, the banking sector thrived.

Dubai's skyline epitomizes modern development, with its appeal bolstered by strong property management and developers capitalizing on increasing sales.

The resumption of trading came after the company said in a filing on Friday that it had met guidelines set out by the bourse, including belatedly publishing its financial results and complying with other listing rules. Once China's largest real estate firm, Evergrande defaulted in 2021 and is saddled with...

Dubai, UAE -- A total of 3,229 real estate transactions worth over AED 23.1 billion ($6.28 billion) were conducted during the week ending 25th August 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 183 plots were sold for AED 1.33 billion, while...

Ajman, UAE -- Ajman real estate market grew 15.6 percent year-on-year to AED 7.17 billion ($1.95 billion) in the first half of 2023, according to data released by the emirate's Department of Lands and Real Estate Regulation. Omar bin Omair Al Muhairi, Director-General of the Department of Lands and Real...

Dubai, UAE -- Real estate transactions valued at more than AED 10.4 billion ($2.83 billion) were recorded in Dubai during the week ending 18 Aug 2023. Of the total 3,571 transactions,120 plots were that sold for AED1.2 billion and 2,782 apartments and villas were that went for AED6.86 billion. The...

Evergrande, once China's top property developer, was found in 2021 to be struggling with more than $300 billion in liabilities, as it came under intense pressure after officials tightened scrutiny of the real estate industry. The company's woes have come to symbolize the growing crisis in China's sprawling property sector,...

Dubai, UAE -- Dubai's real estate market recorded deals worth AED 2.4 billion ($653 million) on Thursday, according to Dubai Land Department. The deals included 591 sales transactions worth AED1.76 billion on Thursday, in addition to 125 mortgage deals totaling AED613.72 million, and 36 gift deals amounting to AED98.44 million....

Sharjah, UAE -- Sharjah has recorded real estate transactions worth AED1.9 billion ($517 million) during July 2023, according to the monthly report issued by Sharjah Real Estate Registration Department. The department executed a total of 2,783 transactions, including 684 sales transactions across 96 areas in various regions of the emirate and...

Saudi Arabia’s real estate sector is evolving with new regulations, creating fresh job opportunities. The latest initiatives seek to enhance the sector’s GDP contribution while fostering job and investment prospects.

Dubai, UAE - A total of 3,103 real estate and properties transactions valued at approximately $2.64 billion in total were conducted during the week ending 11th August 2023, according to the Dubai Land Department (DLD). The weekly DLD report noted that 235 plots were sold for about $609 million, 2,302...

The company achieved property sales of $5.5bn in the period.

The Saudi commercial real estate market is set for a significant upswing in 2023, propelled by the government's vision to diversify from oil. Investments are flooding into non-oil sectors, including tourism, manufacturing, and logistics. The rise of e-commerce demands more warehouses and distribution hubs. Additionally, a growing population predicts a...

Riyadh, Saudi Arabia -- The value of Saudi Arabia's real estate transactions declined 16 percent year-on-year (YoY), or SAR 36.2 billion, to nearly SAR 184.42 billion ($49.15 billion) in 2022. The Ministry of Justice said that this is the first decline in the value of real estate transactions in the...

Sharjah, UAE--The Real Estates Sector Business Group has discussed with the Sharjah FDI Office (Invest in Sharjah) ways to promote lucrative real estate investment projects in Sharjah and invigorate the local real estate sector. The meeting looked into ways to benefit from the Sharjah FDI Office's expertise to promote real...