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.
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.
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.
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.
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.
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.
The Department of Municipality and Planning in Ajman releases data showing an increase in rental deals in 2022 of AED 512 mn or 28% compared to 2020, Invest-Gate reports.
Expo Republic Co. for Organizing Conferences and Exhibitions has announced the launch of the 9th Nile Property Expo in Riyadh, Saudi Arabia, Invest-Gate.
According to the document from one of the mandated banks, investor calls and meetings are scheduled to start on April 13 and last until April 17. A senior unsecured sukuk could follow but will be dependent on market conditions.
Annual prices in Dubai's villa communities increase by 17.1% year-on-year (YoY) and 1.1% quarter-on-quarter (QoQ) in March 2023, Invest-Gate reports, citing a report by real estate consultancy ValuStrat.
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