Dubai, UAE - Dubai witnessed 604 sales transactions totaling AED2.1 billion ($567.8 million) on Thursday in addition to 106 mortgage deals amounting to AED337.09 million ($91.5 million) and 32 gift deals amounting to AED158.95 million ($43.2 million).The sales transactions consisted of 557 villas and apartments worth AED1.66 billion ($449.6 million)...

Dubai, UAE -- Dubai's real estate market recorded real estate transactions worth AED 3.5 billion ($952 million) on Monday, the emirate's Land Department said.The deals included 671 sales transactions worth AED2.29 billion, 149 mortgage deals totaling AED1.14 billion and 29 gift deals amounting to AED98.65 million, the DLD said.The sales...

Investment agreements between the two sides covered diverse sectors such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare.

The event is aimed at bolstering trade and economic alliances between Arab and Chinese business communities and to explore a variety of investment opportunities. The sectors in focus include technology, renewable energy, agriculture, real estate, minerals, and supply chains.

Dubai, UAE -- A total of 3,397 real estate and properties transactions valued at AED 9 billion ($2.45 billion) were conducted during the week ending 9 June 2023, according to the Dubai Land Department (DLD).The DLD data showed that 204 plots were sold for AED 1.52 billion, 2,562 apartments and...

The firm attributed the figures to strong sales which reached $8.15bn.

Doha, Qatar-- Rich Qataris are pouring millions of dollars into the country's luxury real-estate market, with residential sector and office sector being their main investment target.The conclusion was drawn in a report "Destination Qatar" prepared by leading global property consultancy, Knight Frank.With Qatar boasting the fourth highest GDP per capita...

Abu Dhabi, UAE - Foreign companies and other non-resident juridical persons will be subject to UAE Corporate Tax on income derived from real estate and other immovable property located in the UAE and will be required to register in the UAE for Corporate Tax purposes, the UAE Ministry of Finance...

The country aims to reach the volume of real estate trading to QR 100 billion (US$27.4 billion), especially since real estate trading is multiplying at an accelerated rate, pointing out that there are many indicators in favor of this sector, including promoting available investment opportunities, adds Dr. Abdullah bin Abdulaziz...

Dubai, UAE -- A total of 3,321 real estate transactions worth AED11.1 billion ($3.02 billion) were conducted in Dubai during the week ending 26th May 2023, according to figures released by the Dubai Land Department (DLD).The DLD report showed that 220 plots were sold for AED 2.54 billion, 2,398 apartments...

Dubai, UAE -- Dubai's real estate market recorded real estate deals worth AED 5.1 billion ($1.38 billion) on Tuesday and Wednesday, Dubai Land Department data shows.A total of 500 sales transactions worth AED1.21 billion were recorded on Wednesday, in addition to 103 mortgage deals totaling AED267.86 million, and 73 gift...

Dubai, UAE -- A total of 3,105 real estate transactions worth AED9.1 billion ($2.47 billion) were conducted in Dubai during the week ending 19 May 2023, according to figures released by the Dubai Land Department (DLD).The DLD report showed that 191 plots were sold for AED1.14 billion, and 2,284 apartments...

Dubai, UAE -- Dubai real estate market recorded deals worth more than AED 1.7 billion (on Thursday, Dubai Land Department data shows.The deals include 451 sales transactions worth AED1.48 billion, in addition to 110 mortgage deals of AED245.8 million, and 13 gift deals amounting to AED46.2 million.The sales included 427...

The Emirates' non-oil sector is projected to grow by 4.8 percent, driven by robust domestic demand, particularly in tourism, real estate, construction, transportation, and manufacturing sectors, the bank's officials said.

Dubai, UAE -- Dubai real estate market has recorded deals worth AED 2 billion ($544 million) on Monday, Dubai Land Department said.The deals include 638 sales transactions worth AED 1.79 billion, in addition to 116 mortgage deals of AED188.46 million, and 17 gift deals amounting to AED 29.45 million.The sales...

Dubai, UAE -- A total of 3,112 real estate and property transactions, valued at AED 9.4 billion ($2.55 billion), were conducted during the week ending May 12, according to figures released by the Dubai Land Department (DLD). The DLD weekly real estate report noted that 170 plots were sold for...

Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7 percent YoY during Q1-2023 to US$29.9bn, says a latest report.

“The United States is a long-standing trade and investment partner for the UAE – and an important ally in the battle to develop alternative sources of energy,” said Al Zeyoudi, UAE's Minister of State for Foreign Trade.

Dubai, UAE -- A total of 3,050 real estate transactions worth AED10.4 billion ($2.83 billion) were recorded in Dubai during the week ending 5th May 2023, according to figures released by the Dubai Land Department (DLD).The DLD report showed that 189 plots were sold for AED1.19 billion, 2,239 apartments and...

The company posted a 5.7 percent year-on-year growth in net profit.

The firm is one of Egypt's leading real estate developers.

Dubai, UAE - ZāZEN Properties, a sustainable property developer in the United Arab Emirates (UAE), has noted a surge in demand for one-bedroom apartments in Dubai. With overall property prices increasing, residents are searching for the best ways to invest their money, whether as a long-term profitable option or to live...

Abu Dhabi, UAE--The property market in Abu Dhabi has recorded 5,472 property sales and mortgages valued at US$7.62 billion in the first quarter of 2023 as against 3,304 transactions worth $ 3.07 billion during the same period in 2022, according to official data released by the Department of Municipalities and...

Dubai, UAE -- April 2023 was the best month in a decade for Dubai's real estate market, both in terms of the number of transactions and the value of these deals.The number of transactions grew by 17 percent to 8077 in April 2023, from 6898 transactions in April 2022, according...

Dubai, UAE -- A total of 2,049 real estate transactions worth AED10.8 billion ($2.94 billion) were conducted during the week ending 28 April 2023, according to the Dubai Land Department (DLD).The DLD report said that 172 plots were sold for AED 1.58 billion, while apartment and villa sales stood at...

Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930 million).Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, said that the number of real estate transactions in Q1 2023 amounted to...

Dubai, UAE - The passengers of Dubai Metro surpassed two billion since its inauguration on September 9, 2009, the Roads and Transport Authority (RTA) said.The metro's Red Line transported 1.342 billion commuters while the Green Line served 673.531 million commuters.Additionally, the Dubai Metro maintained a punctuality rate of 99.7%, surpassing...

Dubai, UAE – Dubai’s real estate sector recorded deals worth AED157 billion ($42.75 billion) in the first quarter of 2023, an 80 percent increase from the same period last year.Transactions worth AED528 billion were recorded during the year 2022, a 44.7 percent  increase in volume and 76.5 percent increase in...

Dubai, UAE – Dubai's real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Wednesday, Dubai Land Department said.The transactions included 505 sales transactions worth AED1.57 billion on Wednesday, in addition to 109 mortgage deals totaling AED278.53 million, and 10 gift deals amounting to AED48.1 million.The sales...

Dubai, UAE - Dubai's real estate market recorded real estate deals worth AED1.8 billion on Monday, Dubai Land Department said.The deals include 496 sales transactions worth AED1.67 billion ($450m) on Monday, in addition to 107 mortgage deals totaling AED169.05 million ($46m), and 13 gift deals amounting to AED32.08 million ($8.7m).The...

Dubai, UAE -- Dubai's real estate market recorded real estate transactions worth AED1.1 billion ($299 million) on Friday, according to the data released by Dubai's Land Department.The transactions included 335 sales worth AED916.36 million on Friday, in addition to 61 mortgage deals totaling AED214.37 million, and four gift deals amounting...

Sharjah, UAE -- A total of 3,386 real estate deals worth AED1.7 billion ($462 million) were recorded in Sharjah in March 2023, according to the Mortgage Movement Report by Sharjah Real Estate Registration Department (SRERD). A total of 595 sales transactions representing 17.6 percent of the deals, while 319 mortgage...

By the end of 2022, the UAE was expected to attract more than 4,000 high-net-worth individuals. Around 25 percent of GCC's millionaires are moving to the UAE.

Dubai, UAE – A plot of land that sold for AED456.25 million ($124.23 million) in Business Bay was the most valuable of the 2,739 real estate deals worth AED10.4 billion ($2.83 billion) conducted during the week ending 7 April 2023.The Dubai Land Department said in its weekly report that 222...

Hong Kong, China--Chinese property developer Evergrande said it has entered into a restructuring agreement with a group of international creditors, in what could be a breakthrough deal toward easing the developer's massive debt.Once China's largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion...

Dubai, UAE -- A total of 3,035 real estate transactions worth AED10.7 billion ($2.91 billion) were recorded during the week ending 31 March, Dubai Land Department (DLD) said Friday.The DLD report said that 158 plots were sold for AED1.27 billion, while apartment and villa sales stood at 2,261, totaling AED5.11...

The move is likely to help regulate supply, bridge the gap between supply and demand, and create more demand for further development in the Kingdom, an expert tells TRENDS.

Dubai, UAE -- Dubai real estate market recorded real estate deals worth AED1.8 billion ($490 million) on Wednesday, Dubai Land Department said.The deals included 526 sales transactions worth AED1.16 billion, in addition to 89 mortgage deals of AED628.25 million, and 19 gift deals amounting to AED96.75 million.The sales included 493...

Riyadh, Saudi Arabia--Alistithmar Capital has joined hands with Safa Investment Co. to set up several real estate funds worth around $292.9 million.   The two companies will combine their strength to enable Saudi Arabia's growth in the real estate sector through funds that target the residential space in main cities with particular...

Doha, Qatar-- Qatar has recorded $660 million worth real estate trading in sale contracts during the month of February.The data of the real estate analytical bulletin issued by the Ministry of Justice revealed that (382) real estate transactions were recorded during the month.Compared to January 2023, the real estate index...

Dubai, UAE -- Dubai real estate market recorded real estate deals valued at more than AED2.3 billion ($626 million) on Tuesday, Dubai Land Department said.The deals included a total of 434 sales transactions worth AED1.83 billion, in addition to 86 mortgage deals of AED426.46 million, and 139 gift deals amounting...

SRC is looking to expand its refinancing portfolio.

The mutual investments between the two countries are witnessing continuous growth in various economic and commercial sectors, most notably real estate, logistical transportation, storage, financial services, insurance activities, manufacturing and information technology.

Dubai, UAE -- A total of 3,903 real estate transactions worth AED 10 billion ($2.72 billion) were conducted during the week ending 17th Mar 2023, according to figures released by the Dubai Land Department (DLD).The DLD report revealed that 208 plots were sold for AED 1.12 billion, while 2,906 apartment...

Abu Dhabi, UAE  – The United Arab Emirates will invest $30 billion in South Korea over the next few years, Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade said during the meeting with Minister of Trade of Korea, Dukgeun Ahn in Dubai on Wednesday. The meeting explored joint investment...

Dubai, UAE -- Dubai recorded a total of 3,332 real estate transactions worth AED 12.9 billion ($3.51 billion) during the week ending 10 March 2023, according to figures released by the Dubai Land Department (DLD).The DLD report revealed that 274 plots were sold for AED 3.17 billion, while 2,370 apartment...

Dubai, UAE -- Dubai real estate market recorded deals worth AED1.8 billion ($490 million) on Thursday, Dubai Land Department said. The deals included 502 sales transactions worth AED1.2 billion, in addition to 98 mortgage deals of AED388.51 million, and 66 gift deals amounting to AED212.62 million.The sales included 461 villas...

DUBAI, UAE - The Dubai Land Department (DLD) has launched the Instant Sale feature, which utilizes smart evaluation technology in real estate transactions without the need for audits.This move is in line with DLD's efforts to enhance the use of innovative solutions and achieve the goal of the Dubai Economic...

The net profit exceeded the Group's target of AED10 billion.

The emirate’s Department of Municipalities and Transport (DMT) said a total of 19,033 transactions were recorded during the year---9,010 sales worth AED23.5 billion and 10,023 mortgage deals worth AED54.1 billion. The year-on-year value of realty transactions rose by 8.5 percent, while the number of transactions jumped by 27.2 percent.