UAE real estate developers have revealed projects worth more than $46 billion (AED 170 billion) in five countries over the past two months, as part of international expansions stretching from Australia to Syria, according to a report published by AGBI.Syria has emerged as a destination for these investments, with Arada announcing in September a city near Damascus project worth about $7 billion (25.7 billion dirhams). It was followed by Eagle Hills, affiliated with Mohammed al-Abbar, in October with plans to invest up to about $16.9 billion (62 billion dirhams) in Damascus and Latakia.According to the report, Eagle Hills and Emaar also entered a project on the waterfront in the Maldives, worth about $ 19.9 billion (73 billion dirhams), and its area is about two and a half times the area of…

On October 15, Inmar Real Estate Development and Investment Company, listed in the Saudi market, signed a memorandum of understanding with Visions of the Holy Mosque Company, which is wholly owned by the Public Investment Fund, to discuss investment and development cooperation opportunities in an integrated real estate project in the central region of Mecca.The company confirmed that the memorandum aims to study the opportunities for cooperation between the two parties and the possible investment arrangements for the project, provided that the details are determined as agreed by the parties later, according to the company’s statement on “Tadawul Saudi”.    The duration of the memorandum is one year from the date of its entry into force or until the signing of…

Shares of real estate developers in the Saudi financial market recorded a negative performance during the week, as the share prices of 15 companies out of 16 companies included in the data fell, compared to a rise in only one share. Red Sea International topped the list of the most declining shares by 15.09%, followed by Knowledge Economic City with 13.17%, while Leden Investment Company accounted for the highest weekly trading value of about 402.9 million riyals. Weekly performance data showed a decline in the share of the Red Sea International by 15.09%, to close at 15.76 riyals, with a market value of about 760.7 million riyals, followed by the share of Knowledge Economic City with a decline of 13.17%, to close at 18.86 riyals, with a market value of 6.40 billion riyals.Rattal Urban…

The index of construction costs in Saudi Arabia during September 2026 increased by 2.2% compared to the same month last year 2025.In its report issued on Thursday, the General Authority for Statistics confirmed that this increase is mainly due to the increase in construction costs for the residential sector by 2.1%, and the increase in construction costs for the non-residential sector by 2.6%.The index of the residential sector witnessed an increase in last September on an annual basis of 2.1%, and this increase is due to the increase in the costs of basic materials by 1.7%, as a result of the increase in the prices of wood and carpentry by 3.5%, as well as the increase in the costs of renting equipment and machinery by 4.1%, driven by the increase in the costs of renting equipment and…

Winter holiday bookings are picking up across the UAE, with travel companies reporting at least a 25 per cent rise in early reservations compared with the same period last year Keen to make the most of the year-end break, residents are booking ahead to secure better airfares, accommodation and holiday deals. From chasing snow in Europe and Japan to planning shorter family getaways to nearby destinations, travellers are planning to make the most of school holidays, the National Day break and New Year. Travel experts say more holidaymakers are choosing to book early rather than leave plans to the last minute, when popular destinations may have limited availability and the best-value packages are often snapped up. Adil Tanriverdi, CEO of Tripventura, said the company had recorded a…

Dubai Municipality is leading a pioneering project to build the world’s first villa using robotic construction systems, in a move aimed at shaping the future of the construction sector. The project brings together a consortium of more than 25 specialised companies, alongside local and international universities and research centres. Together, they will develop advanced solutions for the industry. The municipality described the initiative as a practical model for advancing construction, opening up new possibilities for more productive, sustainable and higher-quality methods. The villa is being described as a global first for leveraging robotic construction systems. The consortium includes more than 25 local and international companies specialising in advanced…

The new residential supply in Dubai saw an increase in completed real estate units, with 12,382 new residential units completed during the third quarter of 2026, a growth of 31% compared to the same period last year, according to an analysis published by the real estate brokerage company Allsop & Allsop, based on data from the Dubai Land Department.The completion of these projects reflects the entry of new residential units into the emirate’s real estate supply, providing additional options for buyers and tenants in areas where there is increased development activity.The report pointed out that the increase in the number of completed housing units in Dubai contributes to the expansion of the options available in the rental and resale market, with the impact of the new supply…

The value of sales of non-residential real estate in Saudi Arabia decreased by 47.18% during the first nine months of 2026, to reach 91.11 billion riyals, compared to 172.50 billion riyals during the same period in 2025, a decrease of 81.38 billion riyals.On the level of quarterly performance, the first quarter recorded sales of 27.69 billion riyals, compared to 55.54 billion riyals in the same quarter of 2025, a decline of 50.14%. The decline extended to the second quarter, which recorded sales of 28.37 billion riyals, compared to 75.76 billion riyals during the corresponding period last year, a decrease of 62.56%.In the third quarter, the value of sales amounted to 35.05 billion riyals, compared to 41.19 billion riyals in the same quarter of 2025, a decline of 14.92%, bringing the…

Pioneers Properties for Urban Development (BRE Group), listed on the Egyptian Stock Exchange, revealed the implementation of a new purchase of treasury shares during Tuesday’s session.According to the company's disclosure today, the company bought 400 thousand treasury shares, during the trading session on October 20, 2026.This brings the total number of shares executed from the date of notification (submitted on October 14 on the completion of the purchase of 9,993,491) to date to about 2.61 million shares.

Ellington Properties, in partnership with Al Hamra Group, a real estate development and investment specialist based in Ras Al Khaimah, has announced the launch of the Berkeley Tower for offices in Dubai’s Business Bay area, worth approximately $762.4 million (AED 2.8 billion), in the largest and highest commercial project of Ellington to date, according to the company’s statement.The tower includes first-class office space and rises to more than 60 floors, according to the statement, as part of the expansion of Dubai-based Ellington, in the commercial real estate sector.According to the project page on Ellington’s website, the Berkeley Tower has 109 units, and the payment plan begins with a 20% payment upon booking, followed by payments linked to specific dates and…

Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region, handed over the land ownership documents to the first batch of beneficiaries of the Real Estate Balance Program in its first year after the completion of the ownership procedures.In its first year, the program allocated 10 thousand and 24 plots of land, with an area of more than 6.3 million square meters, and a price not exceeding 1500 riyals per square meter.The Royal Commission for the City of Riyadh confirmed that the development of the plans for the first year is proceeding according to the approved stages of implementation, as the plans are developed according to planning and urban concepts that take into account the quality of life, the integration of services, green spaces, accessibility and the diversity of housing…

The real estate price index in Saudi Arabia increased by 1.2% year-on-year compared to the same period in 2025, mainly due to the increase in residential sector prices by 2.3%, in addition to the increase in agricultural sector prices by 3.9%.The residential sector recorded an increase in residential land prices by 4.9%, apartment prices by 1.7%, residential floors by 0.8%, while villa prices decreased by 7.7%. The agricultural sector maintained the pace of annual growth, affected by the increase in agricultural land prices by 3.9%.    The real estate price index recorded a decline in the prices of the residential sector by 1.5%, affected by the decline in residential land prices and apartments The prices of the commercial sector recorded a decline of 2.0% year-on-year…