Dubai witnessed real estate and properties transactions worth AED13.4 billion ($3.64 bn) during the week ending 11 March 2022, according to the Dubai Land Department (DLD). The weekly DLD report said a total of 2,333 real estate transactions were made during the week--245 plots were sold for AED2.09 billion, 1,542...

Dubai’s real estate market recorded 368 sales transactions worth $247.66 million and mortgage deals of $48.27 million.

The total number of real-estate transactions in Dubai stood at 2,131 for the week ended March 4.

The UAE's Department of Municipalities and Transport (DMT) said that service fees for real estate units’ owners and investors in development projects were reduced by 26.4 percent during 2020 and 2021. In 2020, the service charges were reduced by 18.1 percent, with another 8.3 percent reduction introduced in 2021. The...

Dubai’s real-estate market on Monday recorded a total of 301 transactions with a total value of AED1.59 billion ($433.22 million).

Saudi Arabia and the UAE are driving the real estate market in the Middle East region with the backing of government and evolving market dynamics.

Real estate transactions worth AED7.1 billion ($1.9 billion) were recorded by the Dubai Land Department during the week ending 25 February 2022. The total number of transactions was 2,064, which included 300 plots of land that were sold for AED2.58 billion and 1,382 apartments and villas sold for AED2.88 billion....

The Saudi real estate sector will contribute close to nine percent to the national gross domestic product by 2030, according to the kingdom Minister of Housing.

A total of 2,098 real estate transactions worth AED4.5 billion ($1.22 billion) were conducted during the week ending 18 February 2022, according to figures released by the Dubai Land Department. A total of 252 plots were sold for AED1.1 billion, 1,437 apartments and villas were sold for AED2.47 billion. The...

The entire amount resulted from a total of a combined 14,958 sales and mortgage transactions.

A total of 2,078 real-estate transactions worth AED6.6 billion ($1.8 billion) were conducted in Dubai during the week ending February 11.

The Gulf Cooperation Council region witnessed a 40 percent rise in job creation in the last quarter of 2021 compared to the corresponding period of 2020, and hiring activity will continue to strengthen in 2022, said recruitment specialist Cooper Fitch. Job creation across the region was driven primarily by a...

Sovereign wealth funds across the world invest trillions of dollars into real estate, bonds and other assets. TRENDS takes a look at some of the biggest wealth funds in the Gulf region.

This was the result of a total of 1,724 transactions, according to figures released by the Dubai Land Department.

The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.

The record real estate transactions will contribute to driving the sector in the next 50 years during which the UAE seeks to build the best economy globally, Dubai Land Department said on Friday. A total of 84,196 real estate transactions worth almost AED 300 billion ($81.67 bn) were recorded last...

Dubai Land Department (DLD) has signed memoranda of understanding (MoUs) with three companies that specialize in providing smart and advanced real estate solutions: Bayut, DXBinteract.com, and Property Finder. Local media reports said the MoUs aim to provide Dubai’s real estate market with the best solutions that rely on data and...

It acquired properties worth $2.5 billion, and made sales of $1.5 billion.

A state firm official was appointed to the Chinese firm’s board.

A total of 1,99The real estate and properties transactions valued at AED4.1 billion were recorded in Dubai during the week that ended on 21 January 2022. The transactions included 287 plots that were sold for AED1.08 billion, while 1,059 apartments and villas were purchased for AED2.25 billion. The top three...

The surge in oil prices fueled the start of the week's high for the Saudi stock market, while the UAE indices fluctuated throughout the week.

The General Authority for Statistics (GASTAT) released today through its official website a report on Real Estate Price Index in the Kingdom of Saudi Arabia for the fourth quarter (Q4) of 2021. According to the GASTAT, the real estate price index (RPI) increased by 0.9 percent in the fourth quarter...

During the course of last year, Dubai real estate saw a momentous growth, resulting in deals worth close to $41.1 billion, the highest value since 2009.

The real estate housing price rose in Kuwait last year, where investors focused on Kuwaitis' residential areas dealing in uninhabited plots of land, capitalizing on government subsidies and transforming residential units into rental houses. In 2022, the housing rates may drop by five percent if interest rates are increased on...

During the week ending January 14, the transactions numbered 1,559, according to the Dubai Land Department.

Government spending on infrastructure projects as part of the Vision 2030 program is expected to boost non-oil GDP growth.

The total value of real estate transactions recorded in the first week of the new year exceeded AED7.24 billion (around $1.97 billion), with 1,766 transactions.

Dubai's real estate market recorded 84,772 transactions representing a value of AED300 billion ($81 billion) in 2021, according to the annual transaction report issued by the Dubai Land Department (DLD). The report revealed a 65 percent growth in the number of transactions and a 71 percent increase in value compared...

The total number and value of sold real estate in Qatar have increased at a monthly rate of 2.8 percent and 28.2 percent respectively in November, compared to October 2021. The issued cash increased by 3 percent, compared to October 2021, and at an annual rate of 20.7 percent, compared...

Bader Hareb resigned with effect from December 30 for ‘personal reasons.’

The Saudi Central Bank "SAMA" has released a public consultation on rules for regulating the business of real estate refinance companies. The release comes in continuation of SAMA's efforts to develop the financial sector and to keep abreast with developments of the financing industry in general, Saudi media reports said....

The Chinese real-estate firm has $300 billion in liabilities.

With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors Saudi Arabia is focusing on in 2022.

Dubai’s real estate market recorded 246 sales transactions worth AED610.89 million ($166 million) and mortgage deals of AED151.82 million in addition to 10 gift transactions amounting to AED17.58 million Monday, data released by the emirate’s Land Department (DLD) showed. Local media reports said the sales covered 223 villas and apartments...

The acquisition is part of Al Qudra's diversification strategy.

A total of 13, 978 Bahraini nationals have invested in UAE public shareholding companies in 2020 and 331 licenses for various economic activities were granted to them, the UAE Ministry of Finance has said. The Ministry said on the occasion of Bahrain National Day that trade between the UAE and...

Over the last three years, ADIB has catered to the growing demand for commercial property investments in London as well as major regional cities in the UK.

International Holding Company has formally agreed to the merger.

It also formed a risk committee before upcoming payment deadlines.

The move is expected to raise the country’s ranking in relevant international indexes.

Acquisition aimed at diversifying Emirates Stallions' business.

Abu Dhabi-based AD Ports Group has inked an initial agreement with Bahrain-based real-estate firms Diyar Al Muharraq and the Eagle Hills Diyar Company to explore cruise-sector opportunities in their home country. As part of the agreement, they are expected to develop and operate new cruise infrastructure in Bahrain.

The Dubai Land Department or DLD said the emirate saw a total of 1,850 real-estate transactions over the seven-day period.

Expo 2020 Dubai, the largest global event and the first-of-its-kind in the Middle East, boosted the Dubai real estate market that registered the highest number of transactions, worth AED13.12 billion ($3.57 billion), in the past eight years. According to the data of the 20th edition of Mo’asher, Dubai’s official sales...

The economy of China is weighed down by electricity shortages and a vast real-estate crisis.

Real estate transactions worth AED5.7 billion ($1.55 billion) were recorded in Sharjah during the third quarter of 2021, an increase of 22.7 percent compared to the same period last year. A report by the Sharjah Real Estate Registration Department said the rise in the number of transactions indicated a retreat...

Since launching its European real estate business in 2017, Investcorp has invested close to €1 billion into 80 properties across the UK, Germany, The Netherlands, Italy and Belgium.

The firm will focus on the real estate market, its CEO said.

The oil prices would average US$70 per barrel in 2021, Garbis Iradian, chief economist for MENA at IIF, tells TRENDS in an exclusive interview.

Saudi Real Estate Refinance Company of the Public Investment Fund has announced the signing of a refinancing partnership agreement with the Real Estate Development Fund (REDF) to refinance a real estate portfolio worth SAR 10 billion.