According to data from the Dubai Land Department, Dubai's annual real estate sales in 2023 are expected to surpass AED 400 bn for the first time ever, setting a new record value, Invest-Gate reports.
The Saudi Entrustment and Liquidation Center (Infath) has announced the commencement of 29 public auctions, scheduled from December 21 to December 31, Invest-Gate reports.
According to the Dubai Land Department, real estate transactions on Tuesday amounted to over AED 4.7 bn, Invest-Gate reports.
According to the Housearch Investment Index, the Dubai and Gulf markets, including Oman and Qatar, are leading in residential real estate investments for the year 2024, Invest-Gate reports.
During the current week, the Dubai Land Department witnessed real estate transactions amounting to over AED 12.9 bn, Invest-Gate reports.
According to official data, private real estate sales in Singapore reached their highest levels since July, following the announcement of several new residential projects, Invest-Gate reports.
The Saudi Entrustment and Liquidation Center (Infath) has announced the organization of 21 public auctions scheduled to take place from the 11th to the 20th of December, Invest-Gate reports.
The total value of real estate contracts registered with the Kuwaiti Ministry of Justice during the period from 3 to 7 December 2023 amounted to about KWD 83.95 mn, Invest-Gate reports.
Bank of America predicts that the contraction in China's real estate sector will persist for several years, Invest-Gate reports.
According to Rightmove, an online real estate portal, home sellers in the UK reduced their asking prices by approximately 2% in December, Invest-Gate reports.
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