News / Middle East

Abu Dhabi Real Estate Transactions Record Over AED 46 Bn in H1 2023

The total value of real estate transactions in Abu Dhabi exceeded AED 46 bn in the first six months of 2023, according to data released by the Department of Municipalities and Transport (DMT), Invest-Gate reports.

Dubai Branded Homes Draw European Buyers With Luxury Prices

Branded residences have become a hot segment in Dubai's real estate market, with a report showing the emirate has the highest concentration in Europe and the Middle East, Invest-Gate reports.

Dubai’s Real Estate Transactions Reach AED 10.6 Bn in A Week

Real estate transactions in Dubai Land Department have exceeded AED 10.6 bn, as the department recorded 2,456 sales worth AED 7.66 bn this week, Invest-Gate reports.

Billion-Dollar Real Estate Sales Recorded in Dubai’s Burj Khalifa Area

During the first half of 2023, Burj Khalifa area in downtown Dubai recorded 2,454 real estate sales transactions worth AED 10 bn, achieving an 11% growth compared to the same period last year, which recorded property sales worth AED 9 bn, Invest-Gate reports.

Dubai Real Estate Tops Global Luxury Property Market in Q1 2023

Dubai has emerged as the leading luxury real estate sales market in the first quarter of 2023. The city has witnessed record sales weekly, with the rents continuing to skyrocket as the upward trend continues, Invest-Gate reports.

240,000 Rental Agreements Registered in Saudi Arabia Last Month

Reports revealed over 240,000 rental agreements were registered in Saudi Arabia during June, Invest-Gate reports.

Dubai Real Estate Records Highest First Half Sales Ever at AED 180 Bn

Dubai's real estate market recorded its highest first-half sales value ever at AED 180 bn, according to data from the emirate's Land Department.

Dubai to Get Second-Tallest Tower in World

Another staggering skyscraper will soon rise in Dubai and is projected to become the second-tallest building in the world, after the iconic Burj Khalifa, Invest-Gate reports.

Palm Jumeirah Real Estate Sales Hits AED 13.5 Bn

Sales of real estate properties in Palm Jumeirah have surged by 41% in the first half of this year, as compared to the same period in 2022, with a total value of AED 13.5 bn from 1,463 deals, Invest-Gate reports.

Saudis Make 6,000 Land Plots Avail in H1 2023

The Sakani program of the Saudi Ministry of Housing revealed that about 6,000 land plots were made available to the beneficiaries of the program during the first half (H1) of 2023 through the program's website and application, Invest-Gate reports.

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