News | Middle East
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Saudi Arabia Releases 3,181 New Contracts for Residential Plots
Monday, 18 January 2021
Saudi Arabia has issued a total of 3,181 new contracts for residential plots in December 2020 under its Sakani Housing project
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Saudi Arabia to Isolate Dammam Over Coronavirus
Sunday, 3 May 2020
Saudi Arabia will isolate the industrial area of Dammam from May 3, preventing entry and exit until further notice, to curb the spread of the new coronavirus, state news agency SPA reports.
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Dubai Sees 10,243 Property Transactions in Q1
Monday, 13 April 2020
Dubai registered a total of 10,243 real estate transactions in the first quarter of 2020
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Dubai Announces Lockdown for 2 Weeks Amid Coronavirus
Sunday, 5 April 2020
Dubai announced a two-week-long lockdown starting on April 3 to contain the spread of the coronavirus
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Morocco’s Real Estate Market Slows Down in 2019
Sunday, 1 December 2019
Morocco's real estate sector, or the second-largest job provider sector in the North African country, is facing a slow down during the current year amid a notable economic downturn.
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UAE Real Estate Prices Down for 4 Yrs: Central Bank
Tuesday, 12 November 2019
The UAE's central bank has confirmed that the country’s real estate sector continues to endure a downward trend in the 2018 prices of residential and commercial properties for four consecutive years, owing to the rising housing supply volume in Dubai and Abu Dhabi "partially in preparation for Expo 2020."
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Egypt Holds 4th Largest Pipeline of Branded Residences: Savills
Thursday, 31 October 2019
Egypt and the UAE hold the largest volume of under-development branded homes, accounting for around 21%, with the former country currently having two branded residence schemes and 14 projects in the pipeline.
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Bahrain’s RERA Launches New Real Estate Valuation System
Wednesday, 23 October 2019
Bahrain's Real Estate Regulatory Authority (RERA) launched on October 21 a new real estate valuation system to ensure greater protection to investors and other sectors including that of banking
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DPM Issues Legislation to Regulate Abu Dhabi’s Private Housing
Monday, 2 September 2019
The Department of Urban Planning and Municipalities (DPM) issued on August 29 a legislation to regulate the construction of private villas in Abu Dhabi, UAE.
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DLD Launches Mollak for Real Estate Governance
Sunday, 28 July 2019
Dubai Land Department (DLD), through its regulatory unit Real Estate Regulatory Authority (RERA), has launched an electronic system, or "Mollak," which incorporates innovations to maintain justice and transparency.
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Last Modified January 20, 2021