Tag: property

Construction & Real Estate

Dubai’s off-plan market 'more selective now, but long-term confidence remains'

Dubai's off-plan market is entering a more selective phase, with buyers placing greater emphasis on pricing, delivery confidence, and long-term value rather than short-term momentum, says Harry Martin, Director of Off-Plan & Capital Markets at betterhomes, a leading real estate agency....

Construction & Real Estate

Dubai property market sales hit $48.11bn in Q1

The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion ($48.11 billion) in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March....

Construction & Real Estate

Emaar Properties announces $2.4bn cash dividends for FY 2025

Dubai master-developer Emaar Properties has announced plans to distribute cash dividends worth AED8.8 billion ($2.4 billion), representing 100% of the share capital, for the FY 2025. The Dubai developer had recorded its highest property sales of AED80.4 billion ($21.9 billion), up 16% over the previous year. ...

Construction & Real Estate

Dubai residential sales hit $15bn in January, nearly 16,000 transactions

Dubai’s residential property market entered 2026 with rising transaction volumes and renewed buyer activity. The trend was underpinned by sustained demand for mid-market homes and continued investor participation, according to January data from betterhomes....

Construction & Real Estate

Residential market boom drives Kuwaiti property sales to record $14.3bn

Kuwait's real estate sector has recorded solid growth in FY 2025 with the Q4 property sales reaching record levels, supported by a significant increase in residential sales and robust commercial sales. For the full year, the sales came in at KD4.4 billion ($14.3 billion), said a report. ...

Construction & Real Estate

Casagrand announces regional debut with key Dubai Islands project

Leading Indian property developer Casagrand has broken ground on its premium residential project - Hermina - on Dubai Islands, thus marking its entry into the Middle East real estate market. Set for completion in Q2 2028, the project will feature a total of 131 residential units and other amenities....

Construction & Real Estate

Saudi Arabia officially opens real estate market to foreign buyers

Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework. ...

Construction & Real Estate

Markaz's real estate fund ends 2025 in style; nets 9.7% in returns

Kuwait Financial Centre (Markaz) has announced that its real estate fund closed 2025 on a successful note delivering a return of 9.7%, supported by strong operating performance across its property portfolio. At the end of the 12-month period, its assets under management hit KD81.1 million ($263.3 million). ...

Construction & Real Estate

Abu Dhabi property market closes 2025 on a high note

The Abu Dhabi property market concluded 2025 on a strong footing, building on sustained year-on-year growth. The ready property segment in the UAE capital continued to gain traction, due to strong buyer activity across established and developing communities. ...

Construction & Real Estate

Dubai's property sector rounds off 2025 with record sales

Dubai's property sector capped a historic year in 2025 with both primary and resale markets posting strong gains, while rising property values and accelerated construction activity signalled continued market strength heading into 2026, said a report. ...

Construction & Real Estate

Kuwait seeks advisory firms for 23 state-owned property projects

Kuwait Authority for Partnership Projects (KAPP) has invited bids from leading advisory firms for 23 state-owned property projects including the Fahaheel and Al Kout waterfront developments as well as Phase V of the Marina Mall project. The deadline for submitting the bids has been set at March 5. ...

Construction & Real Estate

Dubai real estate market growth ‘strongest on record’

Dubai’s property market performance in 2025 is the strongest on record and this reflects the emirate’s transition into a more mature and sustainable phase, driven by real and balanced demand across all property asset classes, said Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties....

Construction & Real Estate

Thakher Development seals prime Makkah property land deal

Leading Saudi real estate group Thakher Development has announced that a deal has been signed by leading Saudi asset management company Nama Capital in collaboration with Alazm Holding to acquire a prime plot of land within its key development Thakher Makkah. ...

Construction & Real Estate

LeadSquared, PIXL Global to deliver developer-ready solutions

LeadSquared, an AI-ready CRM platform, has collaborated with PIXL Global, a Dubai-based full-service agency specialising in off-plan branding, to deliver developer-ready solutions that unify property listings, automation workflows and revenue pipelines. ...

Construction & Real Estate

New platform launched for Saudi expats' real estate ownership deals

Saudi Real Estate General Authority (REGA) has announced the launch of a new national platform - Saudi Properties - that will handle all real estate ownership deals of expats. This comes ahead of the Non-Saudi Property Ownership Law being implemented in mid-January 2026. ...

Construction & Real Estate

UAE investment group MAIR seals Al Reem Island property deal

MAIR Group, a strategic investment company focused on grocery retail and commercial real estate in the UAE, has signed a sale and purchase agreement for a land plot located in Abu Dhabi's Al Reem Island, with a transaction value of AED85 million ($26 million). ...