A recent report highlights the persistent supply constraints in Saudi Arabia's real estate market, contributing to significant increases in both office rents and residential property prices throughout 2023. CBRE's latest findings reveal a notable surge in average office rents for Grades A and B units in Riyadh, with rates soaring by 13% to 22.2% over the twelve months leading up to the fourth quarter of...

In a recent update from Dubai's Land Department (DLD), the real estate sector showcased robust activity on January 16, witnessing a total of 525 sales transactions valued at AED 1.54 billion. The day also saw 127 mortgage deals amounting to AED 226.51 million and 19 gift deals totaling AED 89.9 million. Reas this also : Surge in Demand: Dubai’s $10 Million Plus Homes Market...

In the first quarter of 2021, Dubai residents experienced an 11% year-on-year decrease in rental prices, attributed to intense competition in the residential market, according to recent data released on Monday. ValuStrat's Dubai Real Estate Review for Q1 2021 revealed that residential rents remained relatively stable compared to the previous quarter, with a marginal decrease of less than 1% during...