Mohammed Idris, chairman of Mabany Edris for Real Estate Development, said Saudi Arabia's Vision 2030 pillars were prominently displayed at the recent Cityscape Global exhibition, Invest-Gate reports.
Dubai has emerged as a leading global market for luxury real estate in 2023, generating revenues of approximately AED 3.1 bn from high-end properties in H1 of 2023, Invest-Gate reports.
According to statements by Ihab Al-Hashani, the Saudi Deputy Minister of Municipal and Rural Affairs and Housing, Saudi Arabia aims to attract investors from China and Turkey to establish real estate projects, Invest-Gate reports.
The value of residential apartments in Dubai experienced its largest surge in nearly a decade this August, Invest-Gate reports.
Real estate trading volume in Qatar witnessed a 34.7% monthly decrease in August, amounting to approximately QAR 1.01 bn, Invest-Gate reports.
Saudi Minister of Municipal and Rural Affairs and Housing, Majid bin Abdullah Al-Hogail inaugurated the activities of the "Cityscape Global" exhibition today, Sunday, under the slogan "Building the Home of the Future," Invest-Gate reports.
Real estate transactions in the Dubai Land Department during the current week have exceeded AED 6 bn. The department recorded a total of 1,892 property sales worth AED 4.88 bn, Invest-Gate reports.
The value of real estate trading in Abu Dhabi has increased by 150% by the end of H1 2023, compared to the same period in 2022, Invest-Gate reports.
The total value of real estate and infrastructure projects in Saudi Arabia, launched since the announcement of the National Transformation Plan in 2016, exceeded $1.25 tn, Invest-Gate reports.
Under the Ministry of Justice, the real estate exchange witnessed trading approximately 61 mn sqm of properties in Saudi Arabia during its first week of operation, Invest-Gate reports.
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