Dubai Real Estate Transactions Reach AED 11 Bn in One Week

This week, real estate transactions in Dubai's Land Department have reached over AED 11 bn, Invest-Gate reports.

Dubai’s Real Estate Market Records AED 304 Bn in Transactions Over 7 Months

Dubai's real estate market has achieved AED 217 bn in sales resulting from 72,101 transactions from the beginning of 2023 until the end of July, Invest-Gate reports.

Dubai’s Real Estate Transactions Reach AED 10.6 Bn in A Week

Real estate transactions in Dubai Land Department have exceeded AED 10.6 bn, as the department recorded 2,456 sales worth AED 7.66 bn this week, Invest-Gate reports.

FRA Raises Mortgage Funding Limit to 15%

The Financial Regulatory Authority (FRA) has signed off on allowing Egypt-based mortgage finance companies to lend up to 15% of their capital base to an individual household, instead of 10% earlier.

CBE to Provide Funding for Middle-Income Mortgages

The Central Bank of Egypt (CBE) will reintroduce subsidized mortgages worth EGP 50 bn for middle-income individuals, thereof, a committee of members from the bank, local banks, and real estate developers will be f ...

Abu Dhabi’s Eagle Hills, NBF Partner to Offer Mortgage Solutions

Abu Dhabi's real estate investment and development firm Eagle Hills and the National Bank of Fujairah (NBF) inked a cooperation agreement on April 1 to offer mortgage solutions and special payment plans to clients ...

Gov’t Officials Agree to Raise Mortgages by EGP 40 bn

Mortgage Finance Fund's (MFF) board of directors have signed a cooperation protocol with the finance ministry to raise the value of mortgages provided to low-income citizens by an additional EGP 40 bn, bringing th ...

EFG Hermes to Set Foot in Insurance, Mortgage Sectors

Egypt's investment bank EFG Hermes is planning to expand by adding insurance and mortgage lending to its services after getting regulatory approval, while also seeking to set foot in a new market in Asia or Africa ...

Dubai Property Deals Hit AED 162 bn in 9 Months: DLD

Dubai’s real estate market logged 39,802 transactions worth AED 162 bn during the period from January to September 2018, reflecting a continuous growth driven by optimism among investors and developers

New Dubai Mortgage Rules to Facilitate Development -Analysts

According to experts and officials, the new Dubai decree on the mortgaging of granted land could work as a catalyst for development.

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