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 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.
The Dubai Municipality completes the distribution of 3,200 residential plots to its citizens living in the emirate, Invest-Gate reports.
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.
The number of new investors in the real estate sector in the Emirate of Abu Dhabi reached 1,769 in the first quarter of this year, compared to 1,244 investors during the same period a year earlier, an increase of 42%, Invest-Gate reports.
The Saudi Arabian real estate market resumed activity after the Eid Al-Adha holiday, with a performance that did not exceed SAR2.4 bn, coinciding with the beginning of July, Invest-Gate reports.
The number of residential real estate transactions in Kuwait decreased during the first half of this year by 41% on an annual basis, according to a report by the Real Estate Registration Department.
According to recent government statistics, 190,700 outdated manual real estate deeds have been transferred to the comprehensive electronic system since the beginning of 2023, Invest-Gate reports.
The weekly real estate bulletin issued by the Ministry of Justice shows that the volume of real estate trading in registered sales contracts with the Real Estate Registration Administration during the period from June 25 to 26 exceeded SAR161 mn, Invest-Gate reports.
Indians invested about AED 15.9 billion in the real estate sector in Dubai, according to a report by ZāZEN Properties.
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