EconomicGrowth

Sharjah's Real Estate Market Achieves 6-Year High in 2023 Transactions

Sharjah’s Real Estate Market Achieves 6-Year High in 2023 Transactions

In 2023, Sharjah witnessed a remarkable surge in real estate transactions, reaching its highest level since 2017. This upswing indicates a growing interest among capitalists, businesspeople, and investors, driven by the potential for significant returns in both short- and long-term scenarios. The Sharjah Real Estate Registration Department reported a substantial 13% increase in the volume of property...

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...

UAE Removes Minimum Down Payment Requirement for Golden Visas

UAE Removes Minimum Down Payment Requirement for Golden Visas

In a significant move, the UAE has abolished the Dh1 million ($272,294) minimum down payment previously mandatory for individuals seeking golden visas through real estate investments. The decision aims to attract more citizens and investors to establish long-term residences in the nation, signaling a shift from previous regulations. Read this also : Surge in Saudi Employment in Real Estate: Localization...

Rising Demand and Regional HQ Programme Deadline Fuel Office Market Growth in Riyadh, Saudi Arabia

Rising Demand and Regional HQ Programme Deadline Fuel Office Market Growth in Riyadh, Saudi Arabia

As the deadline for the Regional HQ (RHQ) Programme approaches, leasing activity in Riyadh, Saudi Arabia, has intensified, setting the stage for continued growth in the office market rental sector, says global real estate services provider Savills. With Grade A office occupancy rates hitting an impressive 98%, one of the highest globally, the surge in demand has naturally led to increased rental values....

India's Construction Boom Spurs Economic Growth Amidst Surging Housing Demand

India’s Construction Boom Spurs Economic Growth Amidst Surging Housing Demand

This week's GDP data underscores India's remarkable housing boom, signaling optimism that the construction sector will be a driving force behind the country's economic growth in the coming years. The construction industry displayed its strongest performance in five quarters, recording a significant 13.3% expansion from July to September compared to the same period last year, up from 7.9% in the previous...

Compare listings

Compare

Sign-Up Now