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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.

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.

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