Biznex Holding, an exclusive representative of the Egyptian pavilion at the Saudi International Commercial Franchise Exhibition, has unveiled the upcoming sixth edition of the BiznEX International Exhibition, Invest-Gate reports.
The Saudi Real Estate Authority has digitized financial transactions related to rent payments through the "Ejar" platform starting today, January 15, 2024, Invest-Gate reports.
The third edition of the Real Estate Future Forum is set to kick off in Riyadh from January 22 to 24 under the theme of “Power of Flexibility”, Invest-Gate reports.
Binghatti Properties, a leading property development brand in the UAE, has expanded its land bank in Business Bay with the acquisition of a new plot valued at over AED 365 mn, Invest-Gate reports.
In 2023, the enforcement courts in Saudi Arabia conducted approximately 4,000 public auctions, averaging around 11 auctions per day, Invest-Gate reports.
Luxury residential properties in Dubai, including Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island, witnessed record growth in 2023, Invest-Gate reports.
Emirates Palace Group has announced the unveiling of Dubai's largest penthouse for sale, priced at AED600 mn, Invest-Gate reports.
The annual rental yield for properties in the UAE has reached approximately 8%, coinciding with the UAE's rise to the top of preferred real estate investment destinations in the Middle East, Invest-Gate reports.
The Saudi Real Estate General Authority has granted licenses to 28 electronic real estate platforms under the FAL Real Estate Brokerage and Marketing License, Invest-Gate reports.
Five areas claimed nearly half the total value of Dubai's local real estate market sales, comprising 24.8% amounting to a staggering AED99.7 bn across 35,480 transactions, within the overall sector sales in 2023, Invest-Gate reports.
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