| Dubai issues new law to regulate shared housing
United Arab Emirates: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, in his capacity as the Ruler of Dubai has issued Law No. (4) of 2026 regulating the management and occupancy of shared housing in Dubai. |
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| Dubai Residential REIT to distribute $150m cash dividends for H2 2025
United Arab Emirates: Dubai Residential REIT, a shariah-compliant real estate investment trust, said it has won approval from the company's shareholders at the Annual General Meeting for the distribution of AED550 million ($150 million) cash dividends for H2 2025, thus reflecting its strength in the REIT’s portfolio and confidence in Dubai’s residential leasing market |
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| Saudi Industrial Export Company inks Syria smart meters supply deal
Saudi Arabia: The Saudi Industrial Export Company (SIEC) has announced the signing of a non-binding MoU with GTronics & Significa Company for the delivery and implementation of single-phase and three-phase smart electrical meters for a project in Syria. |
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| Misk City names Sami bin Jasser as new CEO
Saudi Arabia: Saudi-based Misk Foundation has appointed Eng. Sami bin Jasser Al Jasser, a strategic development expert, as the new Chief Executive Officer of its mega Mohammed bin Salman Nonprofit City (Misk City) - a first-of-its-kind project coming up on a 3.4-sq-km area in capital Riyadh. |
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| United Real Estate emerges top investor for major Kuwait waterfront project
Kuwait: The Kuwait Authority For Partnership Projects (KAPP) has announced that leading project developer United Real Estate Company (URC) has emerged as the winning investor in the third phase of its upcoming project - a waterfront property in the Sharq Area of the capital Kuwait City. |
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| AtkinsRéalis, Futurecity forge partnership to shape the future of Mideast cities
Saudi Arabia: AtkinsRéalis, the global design and engineering consultancy, and Futurecity, the leading cultural placemaking agency, have extended their work together on major projects in the Middle East into a strategic partnership to embed culture and placemaking as a core driver of urban development. |
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| Lumi Rental profit rises 10% in 2025 on leasing growth, stronger pricing
Saudi Arabia: Saudi Arabia’s Lumi Rental Co. posted a 9.9 percent rise in 2025 net profit to SR198.1 million ($52.81 million) as higher leasing revenue and improved vehicle pricing lifted earnings. |
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| Saudi Arabia, UN working towards new national urban policy
Saudi Arabia: Saudi Arabia's Ministry of Municipalities and Housing - in partnership with United Nations Development Programme and the United Nations Human Settlements Programme (UN-Habitat) |
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| Saudi Arabia, UAE and Kuwait to lead GCC property growth in H1: Markaz
Saudi Arabia: Gulf real estate markets are expected to extend their growth into the first half of 2026, with Saudi Arabia, the UAE and Kuwait leading activity, a new analysis showed. |
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| Modon, Medlog in deal to set up integrated logistics zone in Jeddah
Saudi Arabia: The Saudi Authority for Industrial Cities and Technology Zones (Modon) has sealed an investment agreement with Medlog, the logistics arm of the Mediterranean Shipping Company (MSC), for the establishment of an integrated logistics zone in the Third Industrial City in Jeddah. |
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| Abu Dhabi property market records $3.2bn in January sales
United Arab Emirates: Abu Dhabi’s residential property market began 2026 on solid footing, recording AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, according to Abu Dhabi real estate agency betterhomes. |
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| ROSHN, Agility unit in deal to develop Grade A logistics park facility
United Arab Emirates: ROSHN, Agility unit in deal to develop Grade A logistics park facilityROSHN Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, |
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| Casagrand announces regional debut with key Dubai Islands project
United Arab Emirates: Leading Indian property developer Casagrand has broken ground on its premium AED420 million ($114.3 million) residential project - Hermina - on Dubai Islands, thus marking its entry into the Middle East real estate market. |
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| Nabni announces full sell-out of its 166-unit Dubai residential tower
United Arab Emirates: Nabni Developments has confirmed the complete sell-out of its newest residential project, Nabni Avenue 7 in Dubai’s Al Furjan community. All the units were sold within weeks of launch of construction work, thus reflecting the strong demand for its homes in the area. |
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| Saudi real estate market transforms on back of government projects, policy reforms
Saudi Arabia’s real estate sector is witnessing strong growth, driven by government-led projects, new regulations, and shifting demographics, experts said at the 19th Real Estate Development Summit in Jeddah. |
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| Riyadh office rents surge 15% as reforms boost Saudi property market: CBRE
Saudi Arabia’s ongoing economic diversification push is energizing its property market, with office rents in Riyadh climbing 15 percent year on year and occupancy hitting 98 percent, CBRE said. |
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| Dubai property sales soar to record high of $152.32bn, report says
Dubai’s property market hit a new record in 2025, with sales climbing to 559.4 billion dirhams ($152 billion) by October, already surpassing the emirate’s previous full-year high, a new analysis showed. |
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| GCC real GDP hits $466.2bn in Q1, up 3.1% year on year
The real gross domestic product of countries in the Gulf Cooperation Council region reached $466.2 billion by the end of the first quarter of this year, marking a year-on-year increase of 3.1 percent, according to a report. |
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| Saudi Arabia’s real GDP grows 5% in Q3: GASTAT
Saudi Arabia’s economy grew 5 percent in the third quarter from a year earlier, driven by strong gains in both oil and non-oil sectors, official data showed. |
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| Saudi Arabia inks 24k-home deal with China, Korea to boost housing ties
Saudi Arabia’s National Housing Co. signed a series of agreements to develop more than 24,000 housing units as part of a 100,000-home Saudi-Chinese plan aimed at expanding residential supply. |
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| Saudi real estate inflation cools to 1.3% as home prices decline
Saudi Arabia’s real estate inflation slowed to 1.3 percent in the third quarter of 2025, driven by a softening residential market that offset stronger commercial sector gains, official data showed. |
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| Saudi real estate boom lifts mortgage financing to record $240bn: minister
Saudi Arabia’s mortgage financing portfolio has exceeded SR900 billion ($240 billion) so far in 2025, reflecting the Kingdom’s accelerating real estate transformation under Vision 2030, the minister of municipalities and housing said. |
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| Qatar’s real estate transactions hit $510.9m in September
Qatar’s real estate market recorded transactions worth 1.86 billion Qatari riyals ($510.9 million) in September, with the total sales value rising 65 percent compared to the previous month, according to official data. |
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| Saudi developer Dar Global unveils $1bn Trump Plaza Jeddah
Saudi developer Dar Global plans a $1 billion Trump Plaza Jeddah, its second collaboration with The Trump Organization, aiming to transform the city’s skyline with a mixed-use project. |
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| New decree regulates expatriates’ ownership of real estate in Kuwait
The council of ministers has recently approved an Amiri decree allowing listed companies in which non-Kuwaitis have shares to own real estate in the country provided the ownership does not include private residence. |
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| Saudi mortgage-backed securities to grow in $180bn home-loan market
Saudi Arabia has a large market opportunity for residential mortgage-backed securities, anchored by $180 billion in home loans and a well-capitalized, profitable banking sector, says S&P Global Ratings. |
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| New Kuwait City property rules bring opportunities, uncertainty
New regulations for investment properties in Kuwait City aim to modernize the area, but developers may face challenges under the updated rules, according to real estate expert Mohammad Al-Sagheer. |
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| Saudi residential market showing robust growth and diversification amid Vision 2030 push: JLL
Saudi Arabia’s residential real estate sector is demonstrating increased maturity and resilience, driven by evolving end-user preferences and government-led initiatives, a new JLL report said. |
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| Dubai real estate sector records over 4,000 activities in H1 2025
Dubai’s property market witnessed significant momentum in the first half of the year, registering 4,049 real estate activities. |
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| Saudi real estate authority reports 185% rise in renewed Owners’ Association Certificates
Saudi Arabia’s Real Estate General Authority announced an increase of 185 percent in the number of renewed Owners’ Association Certificates through its electronic portal during the first half of the year compared to the same period in 2024. |
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| Saudi Arabia’s real estate prices rise 3.2% in Q2: GASTAT
Saudi Arabia’s real estate market maintained its steady growth in the second quarter of the year, with overall property prices in the Kingdom witnessing a 3.2 percent year-on-year rise, official data showed. |
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| Sharjah real estate transactions surge 48.1% to AED27 billion in H1 2025
United Arab Emirates: Sharjah’s real estate sector recorded AED27 billion in transactions during the first half of 2025, a 48.1 percent increase from AED18.2 billion in the same period last year. |
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| Dubai real estate transactions exceed Dhs431 billion in H1 2025
United Arab Emirates: According to data issued by the Dubai Land Department, the number of real estate transactions reached 125,538, up from 99,947 during the same period in 2024, an increase of 26%. The total value of these transactions reached approximately Dhs431 billion, compared to Dhs345 billion last year, a 25% rise, highlighting the strong growth momentum in the market. |
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| Amwaj's flagship Dubai residential project work 50pc completed
United Arab Emirates: UAE-based Amwaj Development has announced that steady progress is being made on its flagship residential community - Starlight Park - located in Meydan District 11, with the construction work nearly 50% completed. |
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| PAHW delivers over 44,000 services in May; projects exceed targets
The Public Authority for Housing Welfare (PAHW) announced on Thursday that its Citizen Services Department delivered a total of 44,289 services during the month of May, with 24,847 services processed via the authority’s electronic platforms and the “Sahel” unified government application. |
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| Rising demand sends Riyadh mall rents up by 4% in a year
Saudi Arabia’s capital is spearheading the Kingdom’s retail transformation, with mall rents up by 4 percent in a year and 2.2 million sq. meters of shop space to be developed by 2030. |
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| Housing support opens to Saudis aged 20 in major policy shift
In a significant move to broaden access to homeownership, Saudi Arabia has reduced the minimum age for housing support eligibility from 25 to 20. |
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| Saudi minister of municipalities and housing concludes official visit to Kuwait
Saudi Minister of Municipalities and Housing Majid bin Abdullah Al-Hogail has concluded his official visit to Kuwait, during which he headed the Kingdom’s delegation at the 23rd meeting of the Gulf Cooperation Council’s housing ministers, which included participation from the relevant ministers of member states and was attended by the secretary-general of the GCC. |
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| Kuwait real estate sales dip in Q1 25 after a strong 2024
Real estate sales fell back in Q1 2025, albeit from strong levels at the end of last year and potentially affected by seasonal factors including the month of Ramadan and Al-Fitr holiday. |
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| Jeddah unveils 29 real estate projects across industrial, residential, retail sectors
Jeddah Municipality has announced 29 new investment opportunities across more than 1.4 million sq. meters, targeting sectors such as commercial, industrial, residential, and recreation. |
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| Saudi Arabia’s real GDP grows 2.7% in Q1: GASTAT
Saudi Arabia’s economy saw annual growth of 2.7 percent in the first quarter of 2025, driven by strong momentum in non-oil activities as the Kingdom continues efforts to diversify away from hydrocarbons. |
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| Saudi Arabia’s real estate brokerage contracts surge 97% YoY in Q1
More than 96,000 real estate brokerage contracts were documented in Saudi Arabia in the first quarter of 2025 — a 97 percent annual rise, according to new figures. |
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| Real estate demand in Saudi Arabia’s two holy cities hits $2bn
Saudi Arabia’s real estate sector continues to draw international attention, with high-net-worth individuals from nine Muslim-majority countries preparing to commit $2 billion toward property purchases in Makkah and Madinah, according to a new survey. |
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| Oman property market cools in February as deals drop 8.3%
Oman’s property market saw a dip in activity in February, with total real estate transactions falling 8.3 percent year on year to 362.3 million Omani rials ($940.7 million), official data showed. |
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| Mortgage securitization can offer Saudi banks funding boost: Fitch
Saudi banks could unlock additional funding and expand the Kingdom’s debt market by converting home loans into investment products, according to a recent report by Fitch Ratings. |
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| Saudi retail real estate outlook strong on tourism and Vision 2030, S&P says
Saudi Arabia’s retail real estate market is poised for growth in the near term, driven by population growth, expanding tourism, and economic diversification efforts under the Vision 2030 initiative, according to S&P Global. |
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| Real estate leads corporate lending as bank loans top $811bn
Saudi Arabia’s banking sector experienced a surge in lending in February, with total loans reaching SR3.04 trillion ($811.46 billion) — the highest annual growth rate in more than two years at 14.89 percent. |
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| New Saudi real estate directives reinforce home ownership goals: Finance minister
Saudi Arabia’s newly announced real estate directives underscore the Kingdom’s commitment to increasing homeownership among its citizens, according to the finance minister. |
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| Saudi real estate sector playing key role in GDP growth: Minister
Saudi Arabia’s expanding real estate sector is contributing directly to the growth of the Kingdom’s gross domestic product, according to the minister of economy and planning. |
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| Saudi Arabia’s real estate sector to maintain growth momentum in 2025
Saudi Arabia’s real estate sector is expected to experience growth in 2025, fueled by the ongoing efforts of Vision 2030 to diversify the Kingdom’s economy, according to a recent analysis. |