Dammam is dominating Saudi Arabia’s residential property sector growth, with quarterly sales values rising 71% to reach SAR3.6 billion ($947 million) in Q1, said a report. Around 2,900 homes were sold in the Saudi city from January to March this year, up 41% over the previous quarter.
Cavendish Maxwell, a leading Middle East real estate advisory group and property consultancy, has announced that its Oman head Khalil Al Zadjali has been appointed the Vice President of the Valuation Committee at the Oman Real Estate Association (ORA).
Dubai’s residential property sector continued to soften in May, with sales activity easing across both the off-plan and ready sectors, shows news data from Cavendish Maxwell.
Tourist spend in Saudi Arabia reached SAR82.7 billion ($22 billion) in Q1 2026, with visitor numbers growing 8% year-on-year to 37.2 million during the quarter, says real estate advisory and hospitality sector consultancy, Cavendish Maxwell.
Sharjah’s 102 hotels welcomed 2.1 million guests in 2025, marking a 22% annual increase, according to Cavendish Maxwell. Hotel revenues rose 20% to AED780 million ($212 million), with average stays recorded at two nights.
Dubai-based real estate advisory and property consultancy Cavendish Maxwell has entered into a strategic partnership with TRI Hospitality Consulting to further enhance its advisory offering across hospitality and leisure assets.
Dubai's residential real estate market recorded more than 57,300 sales between January and April 2026, with transactions in the off-plan sector rising 3.3% year-on-year, says leading real estate advisory and property consultancy Cavendish Maxwell.
Dubai's residential real estate market recorded 44,100 transactions in Q1 2026, says leading real estate advisory and property consultancy, Cavendish Maxwell.
The northern emirate of Ras Al Khaimah has secured AED12.4 billion ($3.37 billion) worth of sales across 6,600 residential property transactions in 2025, with the off-plan segment accounting for 85% of deals, said a real estate expert, adding a total of 8,400 new homes are in the RAk property pipeline until 2028.
Saudi Arabia’s three major residential markets – Riyadh, Jeddah and Dammam – delivered contrasting performances in 2025, said an expert. Jeddah emerged the top performer with record sales of SAR36.6 billion ($9.75 billion) followed by Dammam while in capital Riyadh, elevated financing costs led to a decline in buyer activity.
