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Abu Dhabi Yas Island launches AI Customer Service

Abu Dhabi’s Miral, the creator of destinations on Yas Island, including Ferrari World, Yas Waterworld and Sea World, announces the launch of an AI customer-facing service leveraging ChatGPT to provide personalised guidance and information to visitors at Yas Island’s theme parks and experiences.

Khamas Unveils Residential Project in Business Bay

The design of the building artfully combines the traditional and contemporary in a beautifully balanced interplay of proportion and line, in a bright, open-plan layout, Invest-Gate reports.

MAG Announces Launch of Ritz-Carlton Units

MAG, a leading real estate developer in the UAE, announces the launch of sales for residential homes at The Ritz-Carlton Residences, Dubai, Creekside, a part of the Keturah Resort development, featuring 177 homes across seven buildings and 12 mansions, Invest-Gate reports.

Kuwait Families Build Children Houses due to Rental Crisis

Families in Kuwait are building an extra floor to accommodate their newlywed children due to skyrocketing housing prices, especially as government housing often takes years to be distributed, Invest-Gate reports.

Qatar Plans New Strategies to Boost Real Estate Activities

Qatar's Real Estate Regulatory Authority (RERA) is planning to kick start a slew of new strategies to ensure the development of the real estate sector and the transparency of dealings, Invest-Gate reports.

Azizi to Open $16.3 Bn Hospitality Projects in Dubai

UAE-based developer Azizi Developments announces its plan to invest up to AED60 bn ($16.3 bn) through the launch of 50 upmarket luxury hotels and resorts and one very prestigious seven-star hotel in Dubai, Invest-Gate reports.

Jeddah Getting Ready for Saudi Real Estate Development Expo

Leading government entities, renowned real estate developers, and financial experts will be in Jeddah for the Saudi Real Estate Development and Ownership Exhibition (Seredo 2023), which kicks off on May 28.

Dubai Real Estate Technology Platform Offers Golden Visas for Investors

Investors looking for a Golden Visa can now get the 10-year UAE residency permit by investing AED2 mn or above in Dubai’s fast-growing property market, through the online property technology platform Stake.

3 Months Remains Until End of Real Estate Brokerage System Corrective Period

The Saudi Real Estate General Authority (REGA) gives brokerage practitioners and real estate service providers a grace period for brokerage practitioners and real estate service providers until 18 July to pass its qualifying program, Invest-Gate reports.

Dubai Real Estate Achieves AED26.3 Bn Record Monthly Sales in April

According to Invest-Gate, the real estate sector in Dubai achieves its highest monthly performance ever during April after hitting AED 26.3 bn in sales, recording a growth of 44.5%, compared to about AED 18.2 bn in sales in April 2022.

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