January 31, 2024

Retal Signs $12.8 Million Agreement for Residential Buildings in Khobar

Retal Signs $12.8 Million Agreement for Residential Buildings in Khobar

In a significant development, Retal Urban Development Company and its subsidiary, Building Construction Company, have inked a SAR 48 million ($12.8 million) agreement to construct four residential buildings in Khobar's Alsadafah district. Read this also : Ras Al Khaimah Unveils ‘RAK Central’ – The Northern Emirates’ Largest Business District As disclosed in a recent bourse filing, the...

Ras Al Khaimah Unveils 'RAK Central' - The Northern Emirates' Largest Business District

Ras Al Khaimah Unveils ‘RAK Central’ – The Northern Emirates’ Largest Business District

Ras Al Khaimah has introduced 'RAK Central,' heralded as the "largest commercial business district in the Northern Emirates." Developed by Marjan, this expansive mixed-use project is set to redefine the landscape of Ras Al Khaimah and is slated to become a prominent business hub upon its expected opening in 2026. Read this also : Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD...

Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD Reports

Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD Reports

As per the latest data released by the Dubai Land Department (DLD), Tuesday witnessed a robust performance in the Dubai real estate market, with a staggering 530 sales transactions amounting to AED 2.35 billion. In addition to these sales, the day recorded 135 mortgage deals totaling AED 564.27 million and 55 gift deals with a combined worth of AED 180.68 million. Read this also : Abu Dhabi Office Sales...

Abu Dhabi Office Sales Surge 38.7% YoY in Q4 2023, Reveals ValuStrat Report

Abu Dhabi Office Sales Surge 38.7% YoY in Q4 2023, Reveals ValuStrat Report

In a recent report by ValuStrat, it has been revealed that the sales prices of office spaces in Abu Dhabi experienced a remarkable surge of 38.7% year over year during the fourth quarter of 2023. Simultaneously, asking rents witnessed a substantial increase of 13.3%. Read this also : Luxury Living in Dubai: Branded Residences Lead the Market with 100% Rental Premiums ValuStrat's comprehensive...

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