Saudi Arabia Sees Rising Residential, Commercial Rental Activity
Saudi Arabia's rental index recorded over 275,000 residential and commercial leasing deals in July, unchanged from the same month last year, Invest-Gate reports.
Saudi Arabia Allows Government Agencies to Rent Properties Abroad
The regulations stipulate that the lease contract shall be for a period not exceeding five years, with the possibility to renew that contract for a maximum period of 10 years.
Office Rent Soars 12% in Abu Dhabi in 2022
Office leasing rates in three out of the submarkets in Abu Dhabi rise from 3.5% to 12% in 2022.
Portugal Ends Golden Visa Program to Address Housing Crisis
The step is part of the country’s measures to confront the housing crisis.
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 ...
Dubai’s Residential Transactions Jump 63% YoY in December 2022
As of December 2022, Dubai’s average apartment prices registers AED 1,168 per sq ft, and average villa prices hits AED 1,385 per sq ft.
JLL: Egypt’s Real Estate Market Sees High Activity in Q3
Buyers were being selective and mainly opted to purchase property from well-reputed developers with strong balance sheets.
RentUp Launches 1st Reverse Marketplace in Egypt
The reverse marketplace will conduct reverse auctions for renting properties, linking landlords and tenants.
Cairo’s Hotel Sector Sees High Occupancy Rates in Q2
Cairo’s Hotel Sector’s occupancy rates climbs to 60% in Q2 2022, almost double the level as compared to the corresponding period of last year which stood at 32%, Invest-Gate reports.
Government Reforms Egypt’s Rent Law
The Egyptian government reforms Egypt's rent law, ending Old Rent Law and evacuating all units of non-residential purposes from residential properties under the eradicated law
