News / Middle East

Dubai Luxury Real Estate Sector Generates AED 7.1 Bn Sales in 6 Months

The real estate market in Dubai recorded 111 sales of housing units worth more than $10 mn (about AED 36 mn) during the first half (H1) of 2023, with a total of AED 7.14 billion, according to data released by the Dubai Land Department (DLD).

Dubai Real Estate Sector Hits Highest Mid-Year Sales

The real estate sector in Dubai has managed to record high growth levels during the first half of 2023, by hitting its best performance and closing 60,420 sales deals with a value exceeding AED 177.3 bn, Invest-Gate reports.

El Sharjah, Highest in Demand in Property Sector

El Sharjah has an estimated total value of AED2.4 bn during May, which proves the trust in Sharjah as an ideal destination for business people and families that seek security and a livelihood environment, Invest-Gate reports.

Sobha Unveils 33 Residential Units Collection

Sobha Realty, a leading luxury real estate developer in the UAE, announces the launch of its uber-luxurious Sky Edition within its residential project; Sobha SeaHaven, Invest-Gate reports.

Real estate Transactions in Qatar Hit QAR 548 Mn in 5 Days

Total real estate transactions in Qatar recorded over QAR 548 million between June 11 and 15, 2023, Invest-Gate reports.

High Demand Boosts UAE Real Estate Market in Q1 2023

The real estate sector in the UAE maintains its strong performance in the first quarter (Q1) of 2023, benefiting from the increase in domestic demand and foreign direct investment in this sector, Invest-Gate reports.

Damac Unveils Seafront Apartment Collection

Damac, a leading Dubai luxury project developer, announces the launch of its exclusive seafront living development - Skycrest Collection - featuring ultra-luxurious apartments designed by Italian fashion house Cavalli, Invest-Gate reports.

Magnom Properties Signs MoU with Schneider Electric, H2-Enterprises

Magnom Properties, a subsidiary of Rawabi Holding, announces that the ‘Forbes International Tower’, designed by Adrian Smith and Gordon Gill Architecture, will be the first-of-its-kind project in the world to run entirely on the Liquid Organic Hydrogen Carrier (LOHC) system, Invest-Gate reports.

Al Habtoor Group Unveils Luxury Tower in Dubai

Al Habtoor Group, a leading UAE business conglomerate, unveils its premium residential development in Dubai - Al Habtoor Tower - with its top-class amenities, Invest-Gate reports.

ALQAMZI Developments Cooperates with DMC to Implement Seazen, North Coast

ALQAMZI Developments-Egypt signs a construction agreement worth EGP 500 mn with Dar Al-Mimar Construction Co. "DMC", Invest-Gate reports.

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