News / Developers

Dubai Luxury Real Estate Sector Generates AED 7.1 Bn Sales in 6 Months

The real estate market in Dubai recorded 111 sales of housing units worth more than $10 mn (about AED 36 mn) during the first half (H1) of 2023, with a total of AED 7.14 billion, according to data released by the Dubai Land Department (DLD).

Dubai Real Estate Sector Hits Highest Mid-Year Sales

The real estate sector in Dubai has managed to record high growth levels during the first half of 2023, by hitting its best performance and closing 60,420 sales deals with a value exceeding AED 177.3 bn, Invest-Gate reports.

Palm Hills Club Hosts Largest Training Camp for Juniors in Middle East

Palm Hills Club, located in the 6th of October City, hosts the largest training camp for squash players in the Middle East, in participation with more than 100 players from Arab and foreign countries, Invest-Gate reports.

Egypt’s Sports Minister Oversees Laying Groundwork for GV’s EGP 1.5 Bn Club

Egyptian Minister of Sports and Youth Ashraf Soubhy oversees the laying of the groundwork for the EGP 1.5 bn Al Ahram Sole Sports Club, Invest-Gate reports.

NAC Hosts Major Developers in Panel Discussion

The New Administrative Capital (NAC) hosts the first-of-its-kind training course in Egypt for real estate marketers, Invest-Gate reports.

El Sharjah, Highest in Demand in Property Sector

El Sharjah has an estimated total value of AED2.4 bn during May, which proves the trust in Sharjah as an ideal destination for business people and families that seek security and a livelihood environment, Invest-Gate reports.

Sobha Unveils 33 Residential Units Collection

Sobha Realty, a leading luxury real estate developer in the UAE, announces the launch of its uber-luxurious Sky Edition within its residential project; Sobha SeaHaven, Invest-Gate reports.

Real estate Transactions in Qatar Hit QAR 548 Mn in 5 Days

Total real estate transactions in Qatar recorded over QAR 548 million between June 11 and 15, 2023, Invest-Gate reports.

High Demand Boosts UAE Real Estate Market in Q1 2023

The real estate sector in the UAE maintains its strong performance in the first quarter (Q1) of 2023, benefiting from the increase in domestic demand and foreign direct investment in this sector, Invest-Gate reports.

Average Fixed Mortgage Rates in UK Hits Over 6%

The two-year average fixed mortgage rates in the UK reached 6.01% on Monday, which pushed the cost of borrowing in the kingdom to its highest level since December 2022, Invest-Gate reports.

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