Saudi mortgage lending picks up in July
More Saudis have taken out new mortgages in July after a short slump in June, however, the total banks lending…
Property & Real Estate
2485 articles found
Dubai developer Limitless set to agree third debt restructuring deal
Dubai state-owned property developer Limitless is set to reach an agreement with creditors over some $760 million of troubled debt,…
Jeddah witnesses largest property deal worth $357.2m
The Saudi Oger Company's "Arjuwan Red Sea Project" land has been sold in a public auction with a value exceeding…
'Challenging' real estate market conditions put pressure on Emirates NBD REIT's net asset value
Dubai real estate investment trust ENBD REIT has posted a decline in net asset value and occupancy rate in its…
Dubai among the top 3 cities to record the highest levels of rental growth in 2021
Savills, the leading global real estate advisor, released its latest report evaluating the rental values and yields reported for Prime…
Emirates set to re-establish employee benefits and increase salaries amidst gradual aviation sector recovery
A plot at Dubai’s exclusive Jumeirah Bay has been sold for $16.6 million (AED61m) – almost double the original purchase…
Dubai records thumping $193mln worth property transactions on August 18
Dubai’s real estate market recorded 283 sales transactions worth 580.54 million and 48 mortgage deals of AED104.87 million in addition…
Dubai's prime property values mark fastest growth since 2016
Dubai’s prime residential properties have witnessed above-average capital growth over the last six months, according to real estate services provider…
Abu Dhabi’s ADIB lines up Dh124m for student housing in London
Abu Dhabi Islamic Bank (ADIB) has provided Dh124 million through its UK operations to support Bahrain-based Blacksand with their latest…
Villas in Dubai offer highest capital gains in six years as demand continues
Villa properties in Dubai have posted the highest annual capital gains on the back of high demand, according to the…
Dubai's Union Properties profits up 483% in Q2
Dubai's Union Properties PJSC, Dubai's iconic real estate developer listed on Dubai Financial Market and its diversified subsidiaries, announced its…
Amlak Finance posts of $53.67mln net profit in H1
Amlak Finance, a leading Islamic real estate financier, reported on Wednesday a net profit of Dh197 million for H1 2021,…