Dubai: Dubai’s Land Department (DLD) has signed an agreement with seven developers, including Emaar, Damac, and Sobha Realty, to allow them to use DLD’s registration systems to manage real estate transactions. The…
Tag: estate
Dubai real estate market sees record Dh650 million land sale
The total value of real estate sales in Dubai has soared to Dh2 billion, driven by 494 transactions. Business Bay led the market with 696 transactions. Following Business Bay, Al Yafwa 1…
Aranax Real Estate: From a modest start to a real estate empire
Nestled in the vibrant heart of Dubai, Aranax Real Estate is more than just a real estate agency; it stands as a beacon of excellence and innovation in the luxury property market….
Real Estate Brokerage Law surges Saudi Arabia’s property transactions by 17 per cent
Speaking at the Real Estate Brokerage Forum, Al Hammad highlighted that residential transactions saw an 18 per cent rise to 2.9 million, totalling $81 billion (Dh297.5 billion). Commercial transactions also increased by…
Kuwait’s real estate market grows 7 per cent in the first half of 2024
Despite this overall rise in total contract value, there was a noticeable decline in various types of real estate transactions, except for exhibitions and warehouses. Exhibitions saw 4 contracts registered amounting to…
Not all property investments are profitable: Real estate returns differ with each purchase
Dubai: We have heard time and again smart investors understand that investing in real estate is the best way to make a good passive income. It’s a great medium to put your…
Abu Dhabi real estate sees record Dh1.81 billion FDI in Q1 2024
The Abu Dhabi Real Estate Centre (ADREC) – the regulator of Abu Dhabi’s real estate sector – announced Friday record levels of foreign direct investment (FDI) into the emirate’s growing real estate…
Almal Real Estate Development launches The Unexpected Al Marjan Island Hotel & Residences
Set to open in the second half of 2026 and valued at $280 million (Dh1 billion), The Unexpected Al Marjan Island Hotel & Residences is a harmonious blend of natural elements and…
UAE home sales on the rise: When is it a good time to buy real estate next?
Dubai: After surging rental demand caused property prices to record levels currently, UAE-based property brokers are evaluating how the real estate price rally is making way for what is known as a…
Investcorp forms $526M venture with leading sovereign wealth funds for US industrial real estate
Mohammed Alardhi, Executive Chairman, Investcorp, said, “This commitment by two of the world’s most reputable sovereign wealth funds underscores the deep trust in our Real Estate platform and teams. We remain strategically…