The value of real estate transactions in Qatar has witnessed a 30.57% annual decline in March 2024, according to the monthly bulletin issued by the Ministry of Justice on Thursday, 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.
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.
In Dubai, commercial real estate sales, including offices and shops, surged significantly in Q1 of 2024, marking a 30.8% growth compared to the same period in 2023, Invest-Gate reports.
The Saudi General Authority for Real Estate announced today the commencement of registration for five beneficiary neighbourhoods in Riyadh as part of the fourth phase of the real estate register, Invest-Gate reports.
Dubai's real estate market has seen a significant surge in activity since the beginning of the year, with transactions totalling AED155 bn, Invest-Gate reports.
Mahmoud Gaber, the CEO of Magic Land Al-Hokair company, has affirmed that the Tanza project aims to become the leading tourism entertainment venture in the Middle East as part of an ambitious expansion plan in the Egyptian market, Invest-Gate reports.
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.
Dubai's real estate market witnessed a total of AED13.78 bn in transactions for a week, resulting from 3,933 deals, according to data released by the Dubai Land Department, Invest-Gate reports.
The United Arab Emirates has signed a cooperation agreement with the State of Hungary worth $7 bn, Invest-Gate reports.