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Featured Property

Murcia Villa for sale in Lime Tree Valley, Jumeirah Golf Estates

Home to the DP World Tour ‘Race to Dubai’ golf tournament, this villa for sale by Andrew Cleator of Luxhabitat boasts spectacular views of the World Championship Earth Course.

Markets

Will expat visas boost Dubai's real estate market?

Economists have suggested the new visas will give expats a bigger buy-in to the UAE's economy.

Markets

Oman’s GDP sees 6.5% growth in Q1 2018

The sultanate has benefitted from rising oil prices, strong manufacturing, and the Oman real estate market.

News Roundup

https://www.arabianbusiness.com/construction/403371-wkd-contractor-hired-to-build-810m-car-free-sharjah-real-estate-project

Contractor hired to build $810m car-free Sharjah real estate project

Sharjah-based developer Alef Group appoints Al Hamad Building Contracting Company as the main contractor for its flagship Al Mamsha project

Arabian Business

http://www.arabnews.com/node/1362446/business-economy

Bahrain may seek bids for metro construction in 2019

A transport ministry official estimated the project cost at $1 billion to $2 billion

Arab News

https://www.arabianbusiness.com/real-estate/403218-lebanons-real-estate-market-remains-buoyant-outside-beirut

Lebanon's real estate market remains buoyant outside Beirut

With prices in the capital among the highest in the Middle East, investors look to rental demand outside Beirut for investment inspiration

Arabian Business

https://gulfnews.com/business/property/saudi-mortgage-growth-to-aid-rebound-in-lending-at-al-rajhi-bank-1.2266114

Saudi mortgage growth to aid rebound in lending at Al Rajhi Bank

Saudi Arabia’s new housing project announced in February includes an 18 billion riyal loan-guarantee programme

Gulf News

https://www.arabianbusiness.com/news/401303-new-property-law-could-soon-boost-sharjah-prices

New property law could soon boost Sharjah prices

Increased interest in property sales in Sharjah is likely following the changes announced in April

Arabian Business

http://www.arabnews.com/node/1353201/business-economy

New mortgages to boost home ownership in Saudi Arabia

Saudi citizens will be able to access cheaper and more accessible mortgages at fixed rates under an initiative launched by SRC

Arab News

https://www.arabianbusiness.com/construction/400516-first-construction-contract-awarded-for-sharjah-mega-project

First construction contract awarded for Sharjah mega project

ARADA hands the main construction award for the first four Areej Apartments blocks, based within phase 1 of Aljada

Arabian Business

http://gulfbusiness.com/gccs-real-estate-resurgence/

The GCC’s real estate resurgence

With diversification plans taking shape, 10–year visas on the horizon and oil prices holding firm, investor sentiment has increased again in the GCC’s property market

Gulf Business