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Continental Investments LMD, Finance House Solidify Partnership

Continental Investments, a prominent branch of Egypt’s top real estate developer, LMD Sabbour Group, and Finance House, the UAE’s premier corporate financial services provider, have boosted their partnership to build a funding initiative to bolster Continental Investments LMD’s market standing and project portfolio in the UAE, Invest-Gate reports.

UAE Companies to Merge 3 Major Real Estate Businesses into One Entity

Aldar Properties, the International Holding Company and the Abu Dhabi National Exhibitions Company (ADNEC) group announce merging their real estate and facilities management businesses with the Aldar Properties platform, Invest-Gate reports.

Saudi Arabia Transfer Wafi’s Oversight to Real Estate General Authority

The Saudi government decided to transfer the competence to supervise the activity of the Off-Plan Sale or Rent Committee (Wafi) from the Ministry of Municipal and Rural Affairs to the Real Estate General Authority (REGA), Invest-Gate reports.

Kuwait’s Real Estate Transactions Hits KWD 272 Mn in June

Total real estate contracts and agencies registered at the Kuwaiti Ministry of Justice totaled around KWD 271.73 mn in June, Invest-Gate reports.

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.

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