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...

The landscape of Dubai's real estate market witnessed a notable shift in 2023, with the percentage of end-user buyers rising from 38% to 44%, according to the latest report released by Betterhomes on Thursday. Dubai recorded a staggering 120,742 residential sales transactions in the fiscal year 2023, marking a remarkable 38% increase compared to the previous record set in 2022 at 87,454 transactions....

In a stellar performance, the real estate markets of Dubai and Abu Dhabi reached a combined value of $124 billion (455.7 billion AED) in 2023, breaking records and showcasing the resilience of the UAE property sector. These insights, revealed in a recent study by Property Finder, illuminate the dynamic growth trajectory that both cities experienced, driven notably by a robust off-plan market. Read this...