The value of daily property sales in Dubai was up 43.5% in the first seven months of 2023 compared to the same period last year, according to data from the Dubai Land Department, Invest-Gate reports.
Dubai real estate saw three land plot sales with a total value of AED 820 mn registered this month, according to Dubai Land Department data.
Residential real estate prices in Oman increased 6.2% in the second quarter, led by a surge in land values, according to government data, Invest-Gate reports.
The total value of real estate contracts and agencies registered with Kuwait's Ministry of Justice from 6 to 10 August reached KWD 95.04 mn, according to ministry data published Sunday.
Saudi Arabia's rental index recorded over 275,000 residential and commercial leasing deals in July, unchanged from the same month last year, Invest-Gate reports.
Prices in Dubai's freehold residential market rose 4.8% in the second quarter, with annual gains hitting 24%, Knight Frank data shows.
Dubai remains at the forefront of major cities worldwide regarding expected increases in residential property prices for 2023, despite a projected decrease in price growth rate compared to 2022, Invest-Gate reports.
According to the Turkish Statistical Institute's statement on Tuesday, the total real estate sales in Turkey during July amounted to 109,548 properties, Invest-Gate reports.
Dubai’s residential real estate upswing is extending to the outskirts, with luxury project prices in key areas hitting records, according to ValuStrat, an appraisal and research firm.
The latest real estate analytical bulletin issued by Qatar's Ministry of Justice has unveiled the values of the ten most expensive properties sold in Qatar in July, Invest-Gate reports.
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