JLL: Jeddah’s Rent Prices Fall Following Departure Of Expats

• Wednesday, 12th April 2017
• by Leena ElDeeb

Rental values in Jeddah’s housing sector in the first quarter of the year have decreased by 9% quarter-on-quarter and 8.5% year-on-year, Invest-Gate reports.

Saudi Arabia Unveils Plans for ‘Entertainment City’ Near Riyadh

• Monday, 10th April 2017
• by Menna A. Farouk

Saudi Arabia unveils plans for an entertainment city on the edge of Riyadh, which will be 50 times the size of Gibraltar once complete, Invest-Gate reports.

UAE’s Bloom Offers 225 Upscale Apartments for Leasing

• Sunday, 9th April 2017
• by Menna A. Farouk

Abu Dhabi-based real estate developer Bloom Properties announces the leasing of 225 exclusive upscale residential apartments in Bloom Marina, a waterfront destination located in Abu Dhabi’s Marina Al Bateen area, Trade Arabia reports.

South Korean Firms to Build USD 4 bn Smart City, Kuwait

• Wednesday, 5th April 2017
• by Leena ElDeeb

A consortium of South Korean construction companies are to start building an eco-friendly residential city in Kuwait by 2019, Yonhap News Agency reports.

Qatar’s Bawabat Al Shamal, Arcadis Inaugurate Doha Festival City

• Wednesday, 5th April 2017
• by Leena ElDeeb

Qatari developer Bawabat Al Shamal Real Estate Company (BASREC) along with the engineering consultancy and design company Arcadis inaugurate the mixed-use development of Doha Festival City (DFC) on April 5, Invest-Gate reports.

Dubai’s Real Estate Market Expected to Bottom Out by End of 2017

• Wednesday, 5th April 2017
• by Fatma Khaled

The Dubai real estate market is expected to bottom out by the end of 2017 with a downtrend across all sectors of the market, Invest-Gate reports.

UAE’s Araco Wins Design Contract For Alnafisi Project

• Wednesday, 5th April 2017
• by Leena ElDeeb

UAE-based engineering consultant company Abdul Rahim Architectural Consultants (Araco) wins a tender released by the Kuwaiti Alnafisi National Real Estate Group Company for the design and licensing of 14 buildings in Dubai’s Satwa area, Trade Arabia reports.

Real Estate Sector of UAE’s RAK Grows By 45%

• Wednesday, 5th April 2017
• by Leena ElDeeb

The real estate sector in Ras al-Khaimah (RAK), the UAE,  grows by 45% over a period of five years, WAM reports.

DLD Showcases Smart Apps In International Government Achievements Exhibition

• Wednesday, 5th April 2017
• by Leena ElDeeb

The government-run Dubai Land Department (DLD) has participated in the International Government Achievements Exhibition 2017 taking place on April 2-4, showcasing a range of smart applications developed to serve the real estate sector in Dubai, Invest-Gate reports.

Omran Properties to Launch AED 2.47 bn Projects in UAE

• Tuesday, 4th April 2017
• by Fatma Khaled

UAE-based real estate developer Omran Properties will launch three property projects, including residential, retail and hospitality sectors in Sharjah at a total cost of AED 2.47 bn, Invest-Gate reports.