Sharjah, UAE --  Sharjah's real-estate market during May 2025 recorded a total of 8,415 transactions worth AED 5.5 billion.  Of these, 1,574 were sales transactions, accounting for 18.7% of the total, a clear indicator of increasing demand for real estate. The total traded area of sales transactions reached 13.2 million...

Duncan O’Rourke, CEO, Premium, Midscale, and Economy Division for Middle East, Africa and Asia Pacific at Accor, spells out the Group's motto of "pioneering the art of responsible hospitality, connecting cultures with heartfelt care."

Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...

Ajman, UAE --  Real estate transactions in Ajman reached AED 2.06 billion ($560 million) in March 2025, marking a significant increase of over 41 percent compared to the same period in 2024. Omar bin Omair Al Muhairi, Director-General of the Ajman's Department of Land and Real Estate Regulation, said the...

From an institutional investor-based viewpoint, it is becoming of interest more now than it ever has been. And that's a credit to what they've been able to build from a critical mass point of view, said French.

The GCC luxury market segment has experienced significant growth, driven by an increase in the number of high-net-worth individuals. Accommodating them requires new thinking. Michael Belton, CEO of MERED, explains.

Abu Dhabi, UAE -- Real estate transactions in Abu Dhabi reached AED17.24 billion ($4.69 billion) in the first two months of 2025, with over 5,000 transactions, reflecting the sector's strong activity. According to the "DARI" platform of the Department of Municipalities and Transport in Abu Dhabi, real estate sales transactions...

Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded AED10.6 billion in transactions in January, totaling 2,514 property deals.According to DARI real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totaled AED6.5 billion across 1,730 deals.Meanwhile, mortgage transactions from the beginning of the...

Dubai, UAE -- Dubai’s real estate sector recorded a total of 2.78 million procedures in 2024, the highest in its history, with a combined value of AED 761 billion ($207.19 billion).The record number of procedures, which include both real estate transactions and rental agreements, represent a 17 percent increase compared...

Doha, Qatar -- Real estate sales contracts worth 251.25 million qatari riyals were registered with the emirate's Real Estate Registration Department at the Ministry of Justice during the period from Dec. 29- Jan 2.During the same period, the total sales contracts for the real estate bulletin for residential units reached...

Dubai’s real estate market has had a record-breaking year, with new milestones being set throughout 2024, culminated in an all-time peak of 180,900 transactions worth AED 522.1 billion (US$145 billion)

Dubai, UAE -- Dubai’s real estate market recorded 180,900 transactions worth AED 522.1 ($142.1 billion) in 2024, a market report said.The report by fäm Properties said 2024 saw big leaps of 36 percent and 27 percent respectively on the previous high of 133,100 sales worth AED 411.1 billion in 2023.In...

In the world of real estate, luxury is traditionally linked to opulent homes and lavish design. But luxury in the Saudi market is something deeper and more meaningful than any individual property. It is about a holistic approach that transcends physical spaces. LuxuSuch a vision, therefore, aligns perfectly with the Saudi...

The Kingdom’s tourism and entertainment investments, including a new star rating system, support growth in hospitality, positioning Saudi Arabia as a global leisure destination by 2030.

While some sectors have largely regained their strength -- including tourism and the auto industry -- others are struggling, particularly real estate, a key growth driver. The non-manufacturing PMI, which includes services, was in positive territory in August at 50.3 points compared with 50.2 a month earlier.

Dubai, UAE - Dubai's real estate market reached a new peak in July, with sales hitting an all-time high of AED50.1 billion ($13.6 billion). Although the market continued to grow, the year-on-year increase slowed to 33% from 53% in June, reflecting a high base effect from the same period in...

Dubai, UAE -- One hundred and five homes priced in excess of US$10 million were sold in Dubai during the first three months of the year, up 19 percent on Q1 2023, according to the latest analysis from global property consultant, Knight Frank.The total value of luxury homes sold during...

Agile work models and diverse skill demands propel MENA's freelance economy, empowering businesses to thrive amid modernization and digital transformation.

Abu Dhabi, UAE -- The value of real estate transactions in Abu Dhabi reached AED 15.9 billion ($4.32 billion) during the first quarter of 2024 (Q1 2024), recording 5,127 sales and mortgage transactions on various types of real estate units.According to data from the DARI platform of the Department of...

Riyadh, Saudi Arabia -- ROSHN Group has launched ALMANAR, its fifth integrated mixed-use community and its first venture in Makkah, the group said in a press release.The first phase of ALMANAR, the release said, will provide 4,149 residential units that will house over 17,000 people on a footprint of 2.5...

Dubai, UAE -- The Dubai Land Department (DLD) has embarked on the first phase of a series of strategic partnerships with nine leading developers, aimed at bolstering the "Dubai Real Estate Programme." DLD said the initiative underscores its commitment to cultivating a skilled citizenry proficient in professional ethics and principles,...

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 percent...

Abu Dhabi, UAE -- A three-bedroom penthouse at Nobu Residences on Saadiyat Island was sold for a record AED137 million ($37.30 million) by real estate developer Aldar.Aldar said the sale represents the highest price per square meter achieved in the emirate, at more than AED96,000 per sqm.The record sale of...

AJMAN, UAE – Director-General of Ajman’s Department of Land and Real Estate Regulation Eng. Omar bin Omair Al Muhairi said that there were 129 real estate valuation transactions in the emirate in February, valued at around US$195 million (AED718 million).He highlighted the ongoing momentum in Ajman's real estate market, citing...

DOHA, QATAR – The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in February in the country amounted to US$382 million (QR 1,391,961,588).The data of the real estate analytical bulletin issued by the Ministry of Justice revealed that...

Riyadh, Saudi Arabia - Muslim global high net worth individuals (HNWI) are prepared to spend US$ 1.96 billion on real estate in Makkah and Madinah, according to global property consultancy Knight Frank’s inaugural Destination Saudi reportKnight Frank surveyed 506 Muslim global HNWI from nine countries to understand their attitudes, aspirations...

Doha, Qatar - Residential demand continued to buoy the country's property sector in Q4 2023, hapondo, a homegrown property portal, revealed in its Qatar's Property Report. The report pointed out that despite a decrease in real estate transaction volume to QAR 16.7 billion ($4.6 billion) from QAR 21.2 billion ($5.82 billion),...

Sharjah, UAE -- Sharjah witnessed real estate deals worth AED 3.1 billion ($844 million) in February 2023, according to the Real Estate Transactions and Mortgages Movement report issued by the Sharjah Real Estate Registration Department.The report said the results indicate that the real estate sector in Sharjah continues to significantly...

Dubai, UAE - The UAE’s foodservice market is poised to reach $19.98 billion in 2024, with further projections indicating a substantial growth trajectory, a whitepaper released by real estate services firm JLL has revealed. The whitepaper highlights the unprecedented growth opportunities within the UAE's Food and Beverage (F&B) industry. The report emphasizes the...

Doha, Qatar-- Businessmen and entrepreneurs from Qatar and China have discussed opportunities to set up joint ventures and commercial partnerships in various sectors, including technology, healthcare, energy, and real estate.This came in the Qatari-Chinese Business Meeting, hosted by the Qatar Chamber (QC) in the presence of QC's First Vice-Chairman Mohamed...

ABU DHABI, UAE – Chairman of Eagle Hills International Mohamed Alabbar has said that US$4 billion joint venture Binaa Al Bahrain company aims to create expansive mixed-use projects, offering diverse residential, commercial and entertainment opportunities designed to elevate the overall local community experience.The JV was set up by an agreement...

DOHA, QATAR  - The volume of real estate trading in the country in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from February 11 to February 15 2024 reached US$66 million (QR 242,019,892).Total sales contracts for residential units in the Real...

"The UAE's dedication to innovation and international partnerships as vital to enhancing its position on the global economic stage, bolstering the national economy," he adds, observing significant strides in diversifying the economy beyond oil through investments in tourism, technology, renewable energy, and financial services.

Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in January amounted to $521 million.The data of the real estate analytical bulletin issued by the Ministry of Justice revealed that (362) real estate transactions were recorded during...

DUBAI, UAE - A total of 3,543 real estate transactions worth over US$2.6 billion (AED9.8 billion) were conducted during the week ending February 9, 2024, according to data released by the Dubai Land Department (DLD).The DLD report showed that 197 plots were sold for US$315 million (AED1.61 billion), while 2,572...

Dubai, UAE -- The Dubai Land Department (DLD) records an all-time high of 1.6 million transactions worth AED 634 billion ($172 billion) in 2023.The value of transactions increased by 20 percent and the number of transactions surged by 36 percent. Real estate investments' value grew by 55 percent during the...

Doha, Qatar -- Qatar has recorded real estate transactions worth 378 million QR ($100 million) during the 21-25 Jan 2024 period, according to the emirate's Department of Real Estate Registration at the Ministry of Justice.Also, total sales contracts for residential units for the same period were QR 21.36 million, taking...

Dubai, UAE -- Dubai recorded real estate transactions valued at AED 11.5 billion ($3.13 billion) during the week ending 2 Feb 2024. The sum of transactions was 3,677.A total of 192 plots were sold for AED 2.61 billion, 2,699 apartments and villas were sold for AED 5.75 billion.The top three...

Abu Dhabi, UAE -- Real estate transactions in the Emirate of Abu Dhabi amounted to over AED 5 billion ($1.36 billion) in the first month of 2024, comprising 1,386 transactions of sales and mortgages on various types of real estate units.According to the "DARI" platform, affiliated with the Department of...

Evergrande's demise has been closely watched as it was once a pillar of China's economy, with the construction and property sectors once accounting for around a quarter of gross domestic product. But President Xi Jinping deemed debt accrued by Evergrande and other property firms an unacceptable risk for China's financial...

Sharjah, UAE -- Sharjah Investment and Development Authority (Shurooq) contributed over AED 177 million to the total sales of AED 1.4 billion during the four-day Sharjah Real Estate Exhibition (ACRES 2024). Shurooq said it has been continuously boosting Sharjah’s global investment appeal with revolutionary projects like Sharjah Sustainable City, which is...

Dubai, UAE -- The real estate and properties transactions valued at AED 14.2 billion ($3.86 billion) in total during the week ending 26 January 2024. The sum of transactions was 4,123.A total of 312 plots were sold for AED 2.95 billion, 2,696 apartments and villas were sold for AED 5.84...

Riyadh, Saudi Arabia -- The value of Saudi Arabia's real estate transactions fell year-on-year by 11 percent to nearly SAR 193.45 billion ($51.58 billion) in 2023, Ministry of Justice data showed.The number of real estate transactions reached around 172,070 by the end of 2023, while the total number of sold...

Dubai, UAE -- Dubai's real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210 mortgage deals totaling AED1.95 billion, and 30 gift deals amounting to AED165.56 million, data released by Dubai's Land Department (DLD) showed.The sales included 446 villas and apartments worth AED949.04 million,...

Riyadh, Saudi Arabia - The Saudi real estate sector has witnessed a remarkable surge in local employment, boasting a substantial increase from 12,000 to over 26,000 citizens working in the industry since July 2021.The significant 116% leap comes in the wake of the government's decision to prioritize the localization of...

DOHA, QATAR - The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from January 7 to January 11 reached US$75 million.Total sales contracts for residential units in the Real Estate Bulletin for the same period...

Dubai, UAE - Dubai saw record-breaking sale prices throughout 2023, with super-luxury residences selling for up to US$4,000 (AED14,692) per square foot, marking consecutive year-over-year increases since 2020, according to the 2024 Sotheby’s International Realty (SIR) Luxury Outlook Report.For the past two or three years post-Covid lockdowns, high-net-worth buyers have...

Dubai, UAE -- The real estate and properties transactions valued at 10.1 billion ($2.74 billion) in total during the week ending 12 January 2024. The sum of transactions was 2,910.A total of 209 plots were sold for AED 2.19 billion, 2,100 apartments and villas were sold for AED 4.84 billion.The...

Dubai, UAE – Sales of properties worth more than $1.35 million and $2.70 million in Dubai hit record levels in 2023, reaching 10,296 and 3,806, up 54.5% and 68.4% from a year earlier, respectively, says CBRE in its study. Off-plan sales in both segments of the market have been the primary...

Abu Dhabi, UAE -- Real estate transactions in Abu Dhabi amounted to approximately AED 1.9 billion ($517 million) in the first two weeks of 2024, comprising 348 transactions of sales and mortgages on various types of real estate units.According to the "DARI" platform, affiliated with the Department of Municipalities and...