The annual real estate report issued by the Department of Land and Real Estate Regulation in Ajman has revealed the performance of the emirate’s real estate transactions in 2020 which worth USD 2.42bn
A record of 2,485 secondary and ready property transactions worth USD1.67 bn have taken place in December 2020, increasing the total value of the fourth quarter sales in Dubai to USD5.99 bn
The real estate trade volume in the Jordan dropped by 26 % in 2020 compared to 2019 to reach JD3.418 bn, the Department of Land and Survey announced on January 5
The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.
The latest data by Property Finder Group shows Dubai's resale home deals have hit the highest record in almost seven years, with 2,179 transactions sealed in just one month.
Bahrain’s Seef Properties CEO Ahmed Youssef has revealed that construction on its mixed-use project, "Al Liwan" is nearing completion for the official opening in Q1 2021.
October 2020 has emerged as a strong month for Dubai's residential real estate market, with 3,395 home deals (worth USD 1.8 bn) sealed throughout the month, posting a 37.2% and 62.8% jump in the off-plan and secondary segments.
Saudi Arabia's national developer Roshn has awarded contracts worth SAR 1.6 bn (USD 427 mn) for its flagship residential project, "Riyadh Community," as work commences on-site for off-plan homes to be ready for sale in H1 2021.
Emaar Hospitality, the hospitality arm of Emaar Properties, and UAE-based Arada have officially launched the first phase of off-plan sales for "Vida Residences Aljada," marking Sharjah’s first-ever branded residences.
Colliers International’s latest MENA Hotels Quarterly Review (Q3 2020) shows that Egyptian hotels have been the region’s worst-hit so far by COVID-19, with occupancy going down at least 50% during this year, despite the resumption of international flights and reopening of prime tourism spots.
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