GCC Countries to Follow UAE Lead in Smart Building Solutions

• Sunday, 7th August 2016
• by Fatma Khaled

UAE is starting initiatives as the lead GCC in smart building, including more than two-thirds of the 1,236 Leadership in Energy & Environmental Design (LEED) certified projects, according to a study.

Riyadh and Jeddah Witness Real Estate Slowdown in Q2 2016

• Sunday, 7th August 2016
• by Fatma Khaled

Riyadh and Jeddah witnessed a slowdown in the real estate markets in 2016’s second quarter according to a report by JLL.

Saudi Arabia to Invest $ 800 M in Housing Project

• Sunday, 7th August 2016
• by Fatma Khaled

The Ministry of Labor and Social Development is partnering with investors to prepare for a housing project targeted for those needy of homes.

Dubai’s Real Estate Revenue Records AED 194 M in 1 Day

• Thursday, 4th August 2016
• by Fatma Khaled

Dubai’s committee for Land and Properties recorded total land sales of AED 194 million on August 2nd.

Saudi Arabia Studies Using 3D Printing for Housing Project

• Thursday, 4th August 2016
• by Fatma Khaled

Saudi Arabia is collaborating with a Chinese company to study a proposal that aims at implementing 3D printing techniques in the construction of housing units.

Saudi Arabia Drafts Rules for Real Estate Funds

• Thursday, 4th August 2016
• by Fatma Khaled

As efforts in attracting private investors in to the housing department, Saudi Arabia drafted rules for exchange-listed real estate funds.

Qatar’s Barwa Real Estate Buys Saudi Land for $175.8 M

• Thursday, 4th August 2016
• by Fatma Khaled

Qatar’s Barwa for Real Estate, one of the Gulf Arab state’s major developers stated that it purchased a vacant plot land in Riyadh, Saudi Arabia worth of 659.28 million Riyals which is equivalent to $175.8 million

Al Dar Properties Records 9.7% Increase in Net Profit in Q2 2016

• Thursday, 4th August 2016
• by Fatma Khaled

Al Dar Properties net profit rose up about 10%, on Tuesday, even though there are problems in the Abu Dhabi real estate market.

Egyptians Rank Second Among Non-GCC Arab Investors in Dubai Real Estate

• Monday, 1st August 2016
• by Joana Saba

Investors from Egypt constitute the second largest number of non-GCC Arab investors in the Dubai real estate market, according to the Dubai Land Department.

Saudi ‘White Land’ Fees Spark Unprecedented Drop in Real Estate Sales

• Sunday, 31st July 2016
• by Joana Saba

A new tax on undeveloped lands, aiming to tackle the sharp housing decline in the kingdom, induced a 56.7% drop in real estate sales in Saudi Arabia.