• Real estate deals worth $23bn recorded in Abu Dhabi in 2023: ADREC

    Abu Dhabi, UAE -- Real estate deals worth AED 87.1 billion ($23.71 billion) were recorded in Abu Dhabi during 2023, according to the Abu Dhabi Real Estate Centre (ADREC), a dedicated affiliate of the Department of Municipalities and Transport (DMT). The value of buying and selling activities surged by 159.5...
  • Dubai property sales hit four-year high in August

    The figures indicate that the property market, particularly the residential market, is recovering after hitting a low at the start of the pandemic last year.
  • Own a share of Dubai property for as little as $136

    If you are an investor, you can now own a share of Dubai property for as little as $136.
  • $1.68 billion weeklong realty deals recorded in Dubai

    DUBAI: Real estate and property transactions worth AED 6.2 billion were recorded in Dubai during the week ending Thursday. Dubai Land Department said a total of 1,345 deals comprised 215 plots that sold for AED1.2 billion and 1,163 apartments and villas that went for AED 2.45 billion. The most expensive...
  • Non-Saudis can now own one property in the country

    This new move could make Saudi Arabia appear more expat-friendly as the nation looks to project itself as a regional hub of business activity.
  • Dubai Investments profits surge 47%

    The Dubai-based firm's net profits rose to AED302 million in the first half of this year.
  • Best July in 12 years for Dubai real estate market

    4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.
  • RAK Properties net profit rises 348% to AED120m in H1

    Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent to AED265.1 million in the first half of 2021, the latest financial results have highlighted.
  • Hyde to develop a five-star hotel in Dubai, first outside the US

    Hyde will work with Emerald Palace Group to develop the property The hotel will be located in Business Bay For the first time in its history, Hyde will launch its first property outside the US in Dubai during the later part of the year. Hyde, a brand under global hospitality...
  • Dubai property market may be on a roll soon

    The developer has reported a surge in pre-sales in the UAE to $2.85 billion S&P Global Ratings give Emaar Properties a stable outlook The Dubai property market might not be booming yet, but the first signs of recovery have begun to appear on the horizon. Emaar Properties, the developer of...
  • HSBC and Morgan Stanley believe Dubai property market will boom for years

      HSBC and Morgan Stanley feel growth will be driven by strong demand for larger homes The rally, both feel, would continue for many more years   HSBC and Morgan Stanley feel that the Dubai property market would retain its luster of being the most sought after property in the...
  • Ajar partners with Visa for online rent collection

      The new partnership will let real-estate agencies, landlords, and property management companies registered on the Ajar platform collect rent online The new platform is expected to replace the old, outdated system of cash and cheques with a credit-card transaction   United Arab Emirates-headquartered firm Ajar has tied up with...
  • Bahrain’s Q1 property deal volumes surge 36% to $600m

    Bahrain’s Survey and Land Registration Board has said property transaction volumes in the first quarter rose to $600 million This is a rise of more than a third compared to $440 million in the same period last year Bahrain’s Survey and Land Registration Board has said in a report that...