News / Middle East

UAE’s Real Estate Market to Maintain Stability in 2023

In 2023, almost 100,000 sqm of office floor space is expected to be delivered in Dubai and over 35,000 sqm are set to be delivered in Abu Dhabi.

Buyers of London’s Luxury Properties from Middle Easterners Hit 4-Year High

According to data compiled by MSCI, foreign dealmakers account for 57% of property investment in London during 2023, compared to 65% in 2015.

Vodafone Group Sells English HQs to Aljazira Capital’s Unit

Vodafone’s buildings are sold to IQON Capital on behalf of Aljazira Capital.

Dubai’s Real Estate Deals Hit AED 528 Bn in 2022

“Dubai’s real estate market has long attracted diverse international buyers. This trend has become more prominent in recent years as more people started seeing Dubai as a safe haven, offering security, lifestyle, tax efficiency and a business-friendly environment amidst geopolitical and global economic uncertainty in the rest of the world,” Betterhomes adds.  

Saudi Arabia’s PIF Partners with Samsung C&T for Tech Solutions

The agreement is set to serve the fund’s projects in Saudi Arabia.

Makkah Mayoralty Allows Renting Residential Units for Hajj pilgrims

The committee invites owners of all residential units wishing to rent their housing units for the accommodation of pilgrims to contact the designated engineering offices to complete relevant procedures for issuing permits.

SAR 10 Bn Agreements Signed in Riyadh’s Real Estate Future Forum

The event features over 150 speakers from both Saudi Arabia and abroad, with 60 participating pavilions.

Egypt Offers 30% in 7 State Hotels to GCC Funds

Furthermore, an informed source reveals that TSFE is completing the evaluation before the offering.

UAE’s Al Habtoor Plans to Invest $3 Bn in Real Estate Sector in 2023

Al Habtoor also eyes expansion in Central Europe’s real estate and hotel sector, the group’s Chairman Khalaf Al Habtoor says.

Schneider Electric Partners Radix Development for Smart Management Services

Schneider also provides EcoStruxure digital platform solutions that controls all these systems and components to reach the highest levels of operational efficiency for real estate assets and sub-systems within the project.

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