Real estate companies such as "Al Dar Properties," "Al Qudra Holding," "Bloom," and "Neyyarz" announced a total of 12 new projects. Among them are nine projects offering over 3,700 residential units, Invest-Gate reports.
The number of hotel apartments in Dubai totalled 25,500 units within 193 properties by the end of May, according to statistics from Dubai's Department of Economy and Tourism.
Total real estate transactions in Qatar recorded over QAR 175 mn between 23 and 27 July 2023, Invest-Gate reports.
Dubai's real estate prices have witnessed remarkable increases recently, although they remain significantly lower than their counterparts in major global cities, Invest-Gate reports.
The Saudi Entrustment and Liquidation Center (Infath) announced conducting 24 online and offline auctions to sell 304 real estate properties located in eight regions across the kingdom, Invest-Gate reports.
The real estate price index in Qatar increased by the end of the second quarter of 2023 by 2.82% on a quarterly basis, Invest-Gate reports.
W Capital Real Estate, headquartered in Dubai, said that real estate sales in the emirate are on track to hit record levels during the 2023 summer season amid exceptional demand, Invest-Gate reports.
Dubai's real estate market has achieved AED 217 bn in sales resulting from 72,101 transactions from the beginning of 2023 until the end of July, Invest-Gate reports.
Real estate prices in Saudi Arabia rose slightly in the second quarter of this year, Invest-Gate reports.
Real Estate deals in GCC Countries reach $90.7 bn in H1 2023, growing by 9.9%, Invest-Gate reports.
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