Dubai Records AED 9.2 bn Real Estate Transactions within 2 Days
In just two days, real estate transactions in Dubai surpassed AED 9 bn, reaching a total of AED 9.2 bn, Invest-Gate reports.
In just two days, real estate transactions in Dubai surpassed AED 9 bn, reaching a total of AED 9.2 bn, Invest-Gate reports.
According to monitoring based on data from the Dubai Land Department, Dubai's real estate sector has witnessed record-breaking sales in the first five months of 2024, growing by 25.4% to reach AED 186.87 bn, compared to AED 148.96 bn during the same period in 2023, Invest-Gate reports.
The Real Estate General Authority (REGA) in Saudi Arabia has announced the commencement of real estate registrations in seven areas, comprising 18 neighborhoods in Riyadh and Makkah, Invest-Gate reports.
The Real Estate Development Fund (REDF) in Saudi Arabia has deposited today SAR 978 mn into the accounts of beneficiaries enrolled in the "Sakani" program, which is overseen by the Ministry of Municipal, Rural Affairs and Housing and the Real Estate Fund, Invest-Gate reports.
According to a survey conducted by Knight Frank, the world's wealthy are preparing to spend $4.4 bn (AED 16.161 bn) on purchasing residential real estate in Dubai this year, Invest-Gate reports.
Real estate sales in Dubai have experienced a remarkable 25% year-on-year growth since the beginning of this year until yesterday (Tuesday), Invest-Gate reports.
JLL, the world's leading real estate consulting and investment firm, has released its new report on the performance of the real estate market in Cairo during Q1 2024, Invest-Gate reports.
The Saudi Real Estate General Authority issued over 11,000 FAL licenses to individuals and entities during the first quarter of 2024 through its electronic platform, Invest-Gate reports.
Foreign demand for homes priced above €1 mn in Portugal has reached a four-year low in 2024, Invest-Gate reports.
A report from the real estate sector revealed a six percent increase in the sales of homes worth $10 mn or more in Dubai during the first quarter of this year compared to the previous year, Invest-Gate reports.