Saudi Real Estate Prices Rise 0.6% in Q1 2024
The Real Estate Price Index in Saudi Arabia experienced a 0.6% increase in the first quarter of 2024 compared to the same period in 2023, Invest-Gate reports.
News / Business
Saudi Real Estate Fund Bolsters Homeownership with SR963 Mn for Sakani Program
Homeownership in Saudi Arabia is poised to increase as the Real Estate Development Fund (REDF) has deposited SR963 mn into the accounts of Sakani beneficiaries for March, Invest-Gate reports.
UAE Construction Market Reaches $94 Bn in 2023
The UAE construction market, which was estimated to be worth $94 bn in 2023, is projected to experience a 3 percent annual average growth rate (AAGR) from 2025 to 2028, Invest-Gate reports.
Dubai Records AED 12.1 Bn in Weeklong Real Estate Transactions
Real estate transactions in Dubai surpassed AED 12.1 bn last week, involving a total of 3,931 deals, Invest-Gate reports.
Real Estate Transactions in Qatar Amounts to QR 1.9 Bn in January
According to the Qatari Ministry of Justice, real estate transactions in Qatar experienced a monthly increase of approximately 10% in January 2024, Invest-Gate reports.
Dubai’s Golden Visas Boost City’s Resilience Amid Global Office Slump
During the height of the Coronavirus pandemic, as Dubai faced an exodus of expatriates and increasing competition from neighboring business hubs, the government implemented a decision that is now helping the city avoid the commercial real estate crisis affecting the rest of the world, Invest-Gate reports.
Saudi Arabia’s Real Estate Prices Surge 0.2% in Q4 2023
Data from the Saudi General Authority for Statistics reveals that the real estate price index witnessed a 0.2% increase in the fourth quarter of 2023 in comparison to the previous year, Invest-Gate reports.
Dubai Real Estate Market Gears Up for Accelerated Launch of New Projects in 2024
The real estate research and data platform, Property Monitor, anticipates a continued swift pace of new project launches in Dubai, particularly during the first and second quarters of this year, Invest-Gate reports.
Real Estate Technologies Market in Saudi Arabia Surpasses SAR 11 Bn
Abdullah Al-Hammad, CEO of the Real Estate General Authority (REGA) in Saudi Arabia, emphasized the significance of the real estate sector as a key provider of investment opportunities, Invest-Gate reports.
Bahraini Banks Cancel Interest Rate Hike on Real Estate Loans
Bahraini banks have made the decision to abandon the previous procedure of increasing the interest rate on all private real estate financing for beneficiaries of housing programs and solutions, Invest-Gate reports.
