TMG Holding, Saudi NHC team up for $10.6bln development project
Talaat Moustafa Group Holding Company (TMG Holding) and the Saudi National Housing Company (NHC) joined forces for a development project…
Property & Real Estate
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Savills showcases landmark London Properties at Cityscape Global
Global real estate services provider Savills participated in the 2023 edition of Cityscape Global in the Kingdom of Saudi Arabia. …
Saudi Arabia’s real estate, infrastructure projects hit $1.25tn
The value of Saudi Arabia’s real estate and infrastructure projects has crossed $1.25tn with the value of commissioned projects reaching…
Prices of luxury homes in Dubai surged 48% in past year
The prices of luxury homes in Dubai surged again in the past year, seeing Dubai maintain its top position in…
Dubai real estate to see double-digit returns, says Damac chairman
Hussain Sajwani, founder and chairman of Damac Properties, is quite bullish about Dubai’s real estate sector and expects the market…
Abu Dhabi wealth fund commits additional $451mln in Australian real estate investment firm
Abu Dhabi Investment Authority, the UAE’s largest sovereign wealth fund, has doubled its stake to $1.4 billion Australian dollar ($902…
Bahrain real estate transactions continue to grow amid moderate performance
Real estate transactions in Bahrain totalled 5,279 in Q2 2023, according to SLRB data. This marks an increase of 7.1%…
Dubai house rents have jumped more than 20% so far in 2023
The Dubai housing market continued to grow over the summer, with average residential rents rising by 22% in the year…
Metropolitan Group ranks sixth on the Best Workplaces in the Middle East list
Metropolitan Group, a leading real estate group in the UAE, was recognized as the sixth Best Workplace™ in 2023 in…
Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT
Driven by rising property prices, Saudi Arabia’s Real Estate Price Index edged up by 0.8 percent in the second quarter…
UAE's property market growth to continue this year, ADIB executive says
The property market in the UAE will continue to grow this year on the tailwinds of the country's economic momentum,…
Sharjah registers real estate transactions worth Dhs549.4m in H1 2023
According to the recently released annual report by the Sharjah Real Estate Registration Department, real estate transactions in the emirate’s…