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32% Growth in Sustainability Assessment Projects Under the Sustainable Construction Program in Saudi Arabia

The Sustainable Construction Program in Saudi Arabia recorded remarkable growth in the number of projects benefiting from the Sustainability Assessment service during 2024 compared to the previous year, Invest-Gate reports.

Arab Developers Holding Achieves Record by Delivering 7,011 Units in 4 Years with Total Investments of EGP 5.3 Bn

Arab Developers Holding (ADH) has achieved a record-breaking milestone in unit deliveries, Invest-Gate reports.

Dubai’s Real Estate Sector Generates AED 21 bn for Government in 2024

Dubai’s government revenues from the real estate sector surged by 20.6% in 2024, reaching AED 20.9 bn compared to AED 16 bn in 2023. Monthly revenues averaged AED 1.74 billion, up from AED 1.33 bn in the previous year, driven by the 4% registration fees imposed on property transactions, Invest-Gate reports.

Riyadh’s First 2025 Property Auction Sees SAR 400 mn Sale

In the first major real estate transaction of 2025, a 100,000 sqm residential and commercial plot in Riyadh's Al-Maizilah district was sold for over SAR 400 mn, inclusive of fees and real estate transaction taxes, Invest-Gate reports.

Dubai Properties Lays the Foundation Stone for “Lumia Residence” in R7 Area of the New Administrative Capital

Dubai Properties has officially inaugurated the foundation-laying ceremony for the "Lumia Residence" project in the R7 area of the New Administrative Capital. This grand event also marked the signing of a contract with the consulting firm "Moharram Bakhom" to oversee the project, alongside the commencement of concrete pouring for six residential buildings within the development.

Dubai announced its intention to launch the new smart rental index entirely in January 2025

This initiative aims to develop the real estate sector and enhance trust and transparency among property owners, tenants, and investors, as reported by Invest-Gate.

Reportage Properties Reports AED 5.65 Bn in Sales with 50% Growth in 2024

Reportage Properties, the leading UAE real estate developer, announced record sales estimated at approximately AED 5.65 bn ($1.5 bn) from January until the end of 2024, representing a growth of more than 50% compared to the same period last year, Invest-Gate reports.

Saudi Arabia Begins Registering 370 Real Estate Plots in Madinah

The Saudi Real Estate Registry has announced the start of receiving applications for the first physical registration of 370 real estate plots in four neighborhoods in Madinah, Invest-Gate reports.

West Capital Exclusively Markets Nudra Developments’ First Project with EGP 500 Mn Targeted Sales

West Capital, a real estate marketing company, announced the signing of a contract with Nudra Developments, under which it will handle the exclusive marketing for Nudra Developments' first project, Pace Mall, with targeted sales reaching EGP 500 mn, Invest-Gate reports.

ACUD Chairman Hosts Delegation from Bahrain’s Council of Representatives and Shura Council in New Administrative Capital

Eng. Khaled Abbas, Chairman of the Administrative Capital for Urban Development (ACUD), welcomed a delegation from the Kingdom of Bahrain, led by Ahmed Qarata, the Second Deputy Speaker of the Council of Representatives, and Dr. Fatima Al Kooheji, a member of the Shura Council and Deputy Head of the delegation, along with several accompanying members, Invest Gate Reports.

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