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...

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 31 December to 10 January 2024 reached 791 million QR.Total sales contracts for residential units in the Real Estate Bulletin for the...

Dubai, UAE--The Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (DLD), signed a memorandum of understanding (MoU) with ‘Zand Digital Bank’ identifying Zand as an approved bank authorised by DLD to oversee real estate development escrow accounts and offer associated services.Real estate escrow accounts are specialised...

The developer will expand business in Dubai, Abu Dhabi.

Dubai, UAE -- A total of 1,721 real estate and properties transactions valued at AED 5.8 billion ($1.57 billion) were conducted during the week ending 5th January, according to the Dubai Land Department (DLD).The DLD weekly report said that114 plots were sold for AED 1.36 billion, 1,183 apartments and villas...

Dubai, UAE - Dubai real estate annual sales comprising 127,000 deals have exceeded Dhs400 billion ($109 billion) during the current year for the first time ever, based on data from the Dubai Land Department (DLD), the highest number recorded in the history of the market. The momentum in the real estate...

The emirate recorded a total of 3,785 real estate transactions worth AED 16.6bn ($4.51 billion) during the week ending 22 December 2023. Palm Jabal Ali recorded the most transactions for this week with 35 sales transactions worth AED 850.21 million.

Dubai, UAE -- The real estate and properties transactions valued at 12.9 billion ($3.51 billion) in total during the week ending 15 December 2023. The sum of transactions was 3,888.A total 304 plots were sold for AED 3.53 billion, 2,744 apartments and villas were sold for AED 7.15 billion. The top...

ADCB to sell 80 percent stake in ADCP to Nine Yards Plus.

Doha, Qatar -- Qatar reported a total of 321 real estate transactions worth QR 1.46 billion ($400 million) in November 2023, with the index of sold real estate increasing by 10 percent and the index of traded areas by 7 percent.Top-performing municipalities in financial value included Doha, Al Rayyan, and...

363 single-family villas will be constructed in Riyadh.

Manama, Bahrain - Real estate transactions in Bahrain recorded a marginal 2.5 percent decline in Q3 2023, totaling 5,145 compared to the previous quarter. Despite this dip, a promising 5.1 percent surge is observed in year-to-date transactions for the first nine months of 2023, showcasing overall resilience in the market, commercial real estate services...

The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.

While the energy and commodity sectors faced declines due to falling prices, the banking and telecom sectors demonstrated remarkable resilience, says a latest report.

Zhongzhi Enterprise Group managed assets worth more than one trillion yuan ($141 billion), according to investment bank Nomura. But the group has been caught up in China's real estate crisis, leaving it now unable to repay investors.

Dubai, UAE -- A total of1,852 real estate transactions valued at more than AED 9 billion ($2.45 billion) were conducted during the week ending 24th November 2023, according to the Dubai Land Department (DLD).The DLD weekly report said that 384 plots were sold for AED 2.54 billion, 1,468 apartments and...

SHARJAH, UAE – A total of 3,798 transactions were conducted here in October 2023 across various regions of the emirate, amounting to US$980 million (AED3.6 billion) in trade value and involving 8.2 million square feet, the Sharjah Real Estate Registration Department said in a report.  This surge reflects a substantial...

DUBAI, UAE – The Dubai Land Department (DLD) is committed to providing property owners with easily accessible resources to reinforce transparency within the real estate market and promote adherence to relevant laws and regulations.The official list of accredited companies and valuation offices is available on DLD’s official website (dubailand.gov.ae) and...

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 396...

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 bulletin...

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 services...

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 growth...

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.The weekly...

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 deal...

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 1,362...

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 the...

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 firm...

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 1.75...

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 Q3...

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 for...

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 Regulation...

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 Beijing...

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 billion),...

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.