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Saudi-based First Avenue for Real Estate Development has signed a contract addendum with Asas Makeen for a residential project in Al Hada District, bringing the total project value to SAR86 million. The townhouse development will be delivered on a turnkey basis within an integrated urban setting, with execution progressing on schedule.
28/04/2026
Dubai’s real estate investment value surged nearly fivefold, from AED 148 billion in 2021 to more than AED 680 billion in 2025, according to W Capital Real Estate. The growth reflects a broader expansion in investor participation, international capital sources and property preferences, with non-residents favoring off-plan properties while residents showed a more balanced split between off-plan and ready homes.
Egypt is planning a real estate investment fund to maximize returns from New Urban Communities Authority (NUCA) assets, attract domestic and foreign investment, and generate sustainable revenues to support urban development projects.
