AED 2 billion worth of properties were mortgaged, the highest being a plot of land in Al Hebiah First, mortgaged for AED 333 million.

4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.

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.

Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals, followed by Hawalli and Jahra governorates.

Samana also increases its sales workforce by 55% and doubles its sales revenue in 2021.

Real-estate development company Diyar Al Muharraq has launched a training program for engineering in Bahrain

Emaar Chairman rings Nasdaq Dubai bell to celebrate $500m Sukuk listing.

Platform enables investors to buy security tokenized shares in world-class real estate on the blockchain It makes safe, fast, and frictionless real estate ownership possible with crypto or fiat currencies from as little as $1   Realsmart, a   fintech platform, has launched the world’s first global online platform enabling investors...

  Report provides banking industry leaders with analysis along with insights and forward-looking views Cost and operational efficiencies expected to remain a top priority for banks in 2021   The overall non-performing loans (NPL) ratio for the Gulf Cooperation Council banking sector has increased by 0.4% and now stands at...

This was Dubai’s highest total sales transaction value in the sector since March 2017 $12.85 billion worth 20,989 real estate sale transactions recorded from Jan to May 2021 The emirate of Dubai saw 4,429 real-estate transactions in May this year, worth around AED11.11 billion ($3.02 billion), said local reports on...

If the Real Estate General Authority pays heed to the Shoura Council, then non-resident foreigners may eventually get the right to own property in Saudi Arabia

  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companies registered on the Ajar platform collect rent online The new platform is expected to replace the old, outdated system of cash and cheques with a credit-card transaction   United Arab Emirates-headquartered firm Ajar has tied up with...

These include reviewing the ownership of granted lands, completing the electronic structure, and launching a real-estate calculator SCC members also discussed the development of electronic services and the introduction of a real-estate training programme The Sharjah Consultative Council, during its 18th session, called for reforms in the real-estate sector, like...

The company announced on Tuesday it has raised $4 million in a seed funding It has raised 15 million dirham for the venture Stake, a Dubai-based financial technology (fintech) and real estate investment platform backed by Saudi investors, is in talks to expand into Saudi Arabia. Stake, launched in 2020,...

The deals are a sign that the worst is over and smart recovery is picking up

The property,  constructed in 2012, extends to 100,365 sq ft ADIB offers Sharia-compliant property financing solutions Abu Dhabi Islamic Bank (ADIB) has provided structured Islamic financing to Rasmala Long Income Fund to support its acquisition of a supermarket investment in Hattersley, Greater Manchester. The property, which was constructed in 2012,...

The Abu Dhabi residential market delivered  1,700 apartments, 50 villas during the  quarter  Grade A and B office buildings in Abu Dhabi experience demand from Chinese, Israeli companies The villa market rental rates in Abu Dhabi and Dubai were strong in the first quarter (Q1 2021)  despite the ongoing economic...

Middle East investors have always been interested in the real estate market of the British city of London but lately the investment has seen a dramatic upsurge. According to market reports, billions have been poured in by regional investors in commercial as well as luxury residential properties in London and...