Tag: Real Estate

Oman's Muscat property market recorded 18% price growth in 2025 and is maintaining momentum in 2026, driven by Gulf investors diversifying beyond Dubai, Asian buyers attracted by Oman's residency-by-investment programme, and a growing expatriate professional community drawn by Oman's rising business environment rankings.

Kuwait's South Saad Al-Abdullah New City — a 64 square kilometre development for up to 400,000 residents across 23,551 plots — has $863 million in contracts underway, with main roads at 55.6 per cent complete as Kuwait's largest housing programme accelerates under Vision 2035.

Abu Dhabi real estate in 2026 is outperforming Dubai's property market on four key metrics: transaction volume growth of 39 per cent year-on-year, lower supply overhang, government-backed mega-development projects, and rising population supported by new visa categories driving sustained demand.

Dubai rent prices in June 2026 have softened by an average of 6.7 per cent emirate-wide, with premium areas like Downtown Dubai and Palm Jumeirah seeing drops of up to 15 per cent, as 120,000 new units entering the market shift negotiating power firmly toward tenants.

The Middle East closed the first quarter of 2026 with a record hospitality development pipeline of 717 projects totalling 177,110 rooms — up 12 per cent year-on-year — led by Saudi Arabia's giga-project portfolio as UAE hotel demand softens amid regional tensions.