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United Real Estate Company secured KWD38 million ($122.8 million) in Islamic financing for Phase 3 of the Souq Sharq waterfront project in Kuwait City. The PPP development will modernize the destination with upgraded retail, a superyacht marina, and enhanced nautical facilities, with completion expected by end-2027.
28/05/2026
Qatar’s residential real estate market remained stable in Q2 2026, while sales volumes rose 23.6% quarter-on-quarter and 15.8% year-on-year, according to ValuStrat. Median transaction values reached around QR3 million, while residential yields held steady at 5.6%, with apartments continuing to outperform villas.
The US housing market remains under pressure as high mortgage rates continue to weigh on affordability and demand. Industry leaders say 2026 has been one of the toughest years for home sales, with slower price growth, weaker mortgage activity, and fewer buyers entering the market. However, experts say reduced competition and more price cuts could create opportunities for well-prepared buyers.
Riyadh’s residential and office markets maintained strong momentum in H1 2026, with residential transactions rising 4.9% year-on-year and Grade A office occupancy remaining at 98% Supported by population growth, corporate expansion and Vision 2030 initiatives, the market is expected to remain resilient as new office supply and regulatory reforms strengthen long-term investment confidence.
Emaar delivered a strong H1 2026, with revenue up 21% to AED 23.9 billion and net profit before tax rising 23% to AED 12.8 billion. The developer also recorded AED 26.6 billion in property sales and a record AED 164.9 billion revenue backlog, reinforcing confidence in Dubai’s real estate market.
10/08/2026
