Real estate transactions

Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI

Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI

Thanks to government initiatives to increase data openness and digitalize operations, Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI, with Abu Dhabi also among the top global transparency improvers. The UAE has made great progress toward more transparency in the global real estate sector; according to JLL's 2024 Global Real Estate Transparency...

Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales

Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales

One thing I've discovered about the real estate market in Dubai is that it never slows down. Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales, and the industry recorded an incredible $3.9 billion in transactions just last week. As I go further into these figures, I find myself thinking about how Dubai is still a top destination for real estate investors...

Sharjah Real Estate Transactions Reach Dh1.7 Billion in April

Sharjah Real Estate Transactions Reach Dh1.7 Billion in April

In April, the Sharjah Real Estate Registration Department reported a total of 1,632 real estate transactions, amounting to Dh1.7 billion. This data signifies a growing confidence in Sharjah's real estate market and underscores the emirate's appeal as a global investment destination. Read this also : Surge in Indian Luxury Home Sales Indicates Shifting Market Trends Among the recorded transactions,...

Decline of 19.5% in Oman's Real Estate Transactions for March

Decline of 19.5% in Oman’s Real Estate Transactions for March

In March 2024, the Sultanate of Oman witnessed a notable downturn in its real estate market, with total transactions plummeting by 19.5% compared to the same period in 2023. The total value of real estate transactions by the end of March amounted to OMR587.50 million, down from OMR730.10 million the previous year. Read this also : Launch of Al Janoub Gardens Residence Phase 2...

Central and Eastern Sharjah Real Estate Transactions Reach Dh32.3 Million in Q1 2024

Central and Eastern Sharjah Real Estate Transactions Reach Dh32.3 Million in Q1 2024

The Real Estate Registration Department of Sharjah released a report showcasing the real estate performance in the Central and Eastern regions of the emirate. Through its four branches in Al-Dhaid, Khor Fakkan, Dibba Al-Hisn, and Kalba, the cash trading volume, a key indicator of economic activity, reached an impressive Dh332.4 million. Additionally, during the first quarter of...

Ajman’s Real Estate Valuation Reaches $523 Million in Q1 2024

Ajman’s Real Estate Valuation Reaches $523 Million in Q1 2024

The Department of Land and Real Estate Regulation in Ajman, led by Director-General Omar bin Omair Al Muhairi, reported that 400 real estate valuation transactions amounting to over AED1.92 billion were completed in the first quarter of 2024. Read this also : Dubai Investments breaks ground on residential and hotel towers in RAK” is the headline or introductory statement of the content. Typically, the...

Abu Dhabi Luxury Real Estate Experiences Price Surge Amid Global Investor Interest

Abu Dhabi Luxury Real Estate Experiences Price Surge Amid Global Investor Interest

The real estate market in Abu Dhabi has experienced significant growth in the first quarter of 2024, driven by strong interest from foreign investors and rising sales prices, especially in high-end neighborhoods. Data from Bayut, a leading UAE real estate portal, indicates an increase of up to 6% in luxury apartment and villa sales prices in sought-after areas. On Saadiyat...

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

In the first quarter of 2024, Ajman’s real estate sector saw a total transaction value of AED 4.3 billion, marking an impressive 26.6% growth compared to the same period in 2023. Read this also : A partnership between Aldar and Siemens makes Saadiyat Grove Abu Dhabi’s leading smart project Sheikh Abdulaziz bin Humaid Al Nuaimi, the Chairman of the Department of Land and Real Estate Regulation in...

Abu Dhabi Real Estate Market Achieves Record $23.7 Billion in Transactions in 2023

The Abu Dhabi real estate market boomed last year, with transactions reaching $23.7bn as sales activity grew 160%

The Abu Dhabi Real Estate Centre (ADREC) has reported a remarkable surge in real estate transactions for the year 2023, reaching an unprecedented AED 87.1 billion ($23.7 billion). This surge marks a substantial increase of 159.5 percent from the previous year, totaling AED 61 billion ($16.6 billion). Read More : Ras Al Khaimah Government Boosts Stake in Emirate’s Leading Realtor With a total of...

Abu Dhabi Real Estate Market Surges: $23.7 Billion Transactions Recorded in 2023

Abu Dhabi Real Estate Market Surges: $23.7 Billion Transactions Recorded in 2023

The Abu Dhabi Real Estate Centre (ADREC) has revealed a historic milestone, reporting record-breaking real estate transactions totaling AED87.1 billion ($23.7 billion) in Abu Dhabi last year. According to the Department of Municipalities and Transport (DMT), the value of buying and selling activities skyrocketed by an impressive 159.5 percent, reaching AED61 billion ($16.6 billion) compared to...

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