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Nakheel awards Dh2.6b project for Dubai Islands’ homes

New project is one of the biggest contract in the UAE in 2025 to date Last updated: August 19, 2025  Nakheel’s Bay Villas on Dubai Islands will offer five distinct property types.Supplied Dubai: Nakheel has awarded a Dh2.6 billion contract to build its Bay Villas on Dubai Islands, making it one of the biggest project awards […]

Dubai residential property prices average Dh1,893 per square foot in July

New contracts comprise 40% of leasing deals, indicating an influx of fresh tenants into the market Published: Mon 18 Aug 2025, Towers in Dubai Marina. The total number of sales transactions surged 18,816, up 20.5 per cent month-on-month, with a total value of Dh51.3 billion.. Photo: File photo Dubai’s residential property market reached an average price […]

Saudi Arabia allows non-resident foreigners to use digital ID to buy property

The Cabinet also endorses a governance framework for non-Saudi property ownership Last updated: August 18, 2025 The move aims to streamline transactions, strengthen regulatory oversight, and attract more foreign investment into Saudi Arabia’s real estate market. Dubai: Saudi Arabia will allow non-Saudi, non-resident foreigners to purchase property in the Kingdom using a digital identification system, following […]

Al Jaddaf to be Dubai’s next affordable freehold location

Launches under convert-to-freehold initiative start – ‘Azizi David’ prices from Dh764,000 Last updated: August 18, 2025  Dubai this year allowed private owners holding plots on Sheikh Zayed Road and Al Jaddaf to be converted into freehold. The move widens the possibilities for new property investors, especially those looking at more affordable options in Al Jaddaf. Dubai: […]

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