Real estate transactions jump over $275 million in Doha
A tower located in Doha’s skyline at Al Dafna area was sold at a whopping price of QR375m ($103 million),...
Real Estate
Saudi SAMA to allow foreign financing companies
Foreign financing companies would be allowed to operate in the Kingdom in order to boost the real estate financing sector,...
Shareholders approve Aldar-Sorouh merger
Shareholders of Abu Dhabi's Aldar Properties and Sorouh Real Estate approved plans to merge, creating a real estate entity with...
Lebanon’s Solidere to spend $200 million on projects
Solidere (SOLA), Lebanon’s largest property developer, expects to spend as much as $200 million on real estate projects in the...
Saudi banks see good opportunity in home financing
Saudi Arabia's new mortgage law will transform home financing in Saudi Arabia to property-secured lending from the current practice of...
Housing crisis in Saudi Arabia if gap persists
Saudi Arabia might have a housing crisis by 2018 if the current gap between demand and supply continues, say economists....
Real estate in Qatar moving up
Qatar's huge infrastructure commitments herald a rebound in its real estate sector. As major projects get under way, market forces...
Dubai to build $1.6 billion entertainment and leisure island
Dubai is set to build a AD6 billion ($1.63 billion) retail, entertainment and residential project off the coast of the...
Damac invests $548 million in Dubai and Saudi Arabia
Damac Properties launched two self-funded mega-projects in Dubai and Saudi worth over Dh2 billion ($548 million) in Fendi-branded luxury apartments....
A square meter of land in Makkah now costs $533,000
Investors may have to pay a whopping SR 2 million ($533,000) for a square meter of land in the central...
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