Arab World: Property

New towns and cities have sprung up across the Arab region as part of efforts to spur job growth, attract investment and anticipate a future beyond dependence on oil and gas revenues

© Artur Widak/NurPhoto via Getty Images

States battle to translate their grand designs into reality

Investors remain wedded to real estate as a key repository of wealth

New burdens hang over a subdued economy

Beirut’s developers look for peace in Syria to restore full confidence

New laws have helped protect investors but they are still advised to do their homework

Buoyancy in the lower-income market is the exception to an overall decline since 2014

Developers in Casablanca and other cities receive rebates for selling price-capped homes