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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.

Saudi Real Estate Authority Introduces Real Estate Contributions System

The General Manager of Strategic Communications at the Saudi General Authority for Real Estate, Taysir Al-Mufraj, states that the approval of the Saudi Cabinet for the Real Estate Contributions System is an extension of the legislative system that was approved in this exceptional year for the real estate sector, Invest-Gate reports.

Infath to Hold 9 Auctions for 86 Properties Across Saudi Arabia

The Saudi Entrustment and Liquidation Center (Infath) announced conducting nine online and offline auctions to sell 86 real estate properties located in seven regions across the kingdom, Invest-Gate reports.

Real Estate Transactions in Qatar Edge Down in Q2 2023

The value of real estate transactions in Qatar drops by 0.97% quarter on quarter (QoQ) during the second quarter (Q2) of 2023, Invest-Gate reports, citing a report by the Qatari Ministry of Justice.

Real Estate Prices in Arab Cities Rise at Fastest Pace Since 2014

Real estate research company CBRE reports that residential property prices in Dubai rose the fastest in almost a decade, increasing by 16.9% in the year ending June 30, Invest-Gate reports.

Dubai Completes Distribution of 3,200 Residential Plots

The Dubai Municipality completes the distribution of 3,200 residential plots to its citizens living in the emirate, Invest-Gate reports.

Real Estate Transactions in Qatar Drops 15% MoM in June

The value of real estate transactions in Qatar decreased by 15.06% month-on-month (MoM) in June, Invest-Gate reports, citing a report by the Qatari Ministry of Justice.

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