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Category: PROPERTY

Posted on 13/02/2023

Pacha to open first Lio lifestyle hub at Dubai beach property

The entire property showcases sweeping sunset sea-views and glittering sights of the Dubai Eye and Palm Jumeirah, said the Pacha Group in its statement …

Posted on 13/02/2023

RAK Properties records $111m turnover in 2022

RAK Properties reported AED408m ($111m) turnover for last year. RAK Properties records $111m turnover in 2022 RAK Properties, Ras Al Khaimah, Real Estate, UAE real estate Real Estate …

Posted on 12/02/2023

RAK Properties reports Dh408 million revenues for 2022

RAK Properties PJSC, the largest listed property developer in Ras Al Khaimah, on Sunday reported annual revenue of Dh408 million for 2022.During the year, RAK Properties delivered 207 villas in …

Posted on 10/02/2023

Indian family buys a most expensive villa in Dubai’s Tilal Al Ghaf

As demand for luxury properties in Dubai rises, another prime property in Tilal Al Ghaf has been sold for Dh90.5 million. Metropolitan Premium Properties has closed the biggest single-unit transaction …

Posted on 10/02/2023

Metropolitan Premium Properties breaks record with $25mn deal for a Tilal Al Ghaf villa

MPP closed the deal earlier this month for an Indian family who are regular investors in the Dubai property market. Metropolitan Premium Properties breaks record with $25mn deal for a Tilal Al Ghaf …

Posted on 10/02/2023

Aldar Properties profits hit $845m last year

Aldar Properties sees net profits increase 35 per cent year on year Aldar Properties profits hit $845m last year Abu Dhabi, Abu Dhabi real estate, Aldar, Aldar Properties, UAE Real Estate …

Posted on 09/02/2023

Dubai records more than $1bn real estate deals on Thursday

Dubai recorded almost $1.1bn of property transactions in one day Dubai records more than $1bn real estate deals on Thursday Dubai, Dubai Land Department, Dubai real estate Real Estate …

Posted on 09/02/2023

Aldar Properties’ full-year profit up 27% as revenues grow

Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 27 per cent surge in its full-year profit as revenue increased on the back of strong growth in property sales. Net profit …

Posted on 09/02/2023

UAE sees $3.3bn off-plan real estate sales in January

The UAE’s off-plan real sector recorded the strongest performance last month, with 5,000 off-plan transactions and a 90% year-on-year from January, 2022. UAE sees $3.3bn off-plan real estate sales in …

Posted on 09/02/2023

Abu Dhabi’s Aldar Properties Q4 net profit jumps 28% on strong demand

The UAE developer Aldar Properties posted a Q4-2022 net profit of 1 billion dirhams ($272 million), up 28% year-on-year and beating estimates by a wide margin. For the full year 2022 the net profit …

Posted on 09/02/2023

Aldar Properties’ full-year profit jumps 27% on revenue boost

Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 27 per cent surge in its full-year profit on the back of higher revenue and rental income. Net profit attributable to owners of the …

Posted on 09/02/2023

UAE Property: ‘Can my landlord decide how much to raise the rent?’

The landlord is defiant and wants me to vacate the property as he claims to be receiving many inquiries from people interested in leasing the property for a higher rent. Initially …

Posted on 09/02/2023

Dubai rents increase by up to 20%; where to find affordable homes

Dubai resident N.A. has just been given an annual rent increase notification of Dh14,000. The expat, who has been staying at the same three-bedroom apartment in the Zaabeel area for the last 10 years, …

Posted on 08/02/2023

Andrew Tate’s £5m Bugatti he used to taunt Greta Thunberg & £20m villa in Dubai to be seized by cops, says prosecutors

ANDREW Tate’s prized £5million Bugatti supercar and his £20million villa are set to be seized by cops, prosecutors have said. Romanian cops are going after the two pricey assets as they …

Posted on 07/02/2023

Dubai: Apartment sold for highest price per square foot in city’s history

The emirate’s luxury property has seen unprecedented demand after the pandemic, driven by the inflow of high-net-worth individuals from across the globe …

Posted on 06/02/2023

Sheikh Mohammed bin Rashid reflects on ‘unprecedented’ UAE property boom

Our foreign trade is accelerating and our international economic relations are growing,” Sheikh Mohammed said on Twitter. “The investment in tourism and demand for UAE real estate is achieving …

Posted on 06/02/2023

Indians bought Dubai properties worth ₹35,500 cr in 2022

A property in Dubai is one of the world’s most sought after real estate assets, and last year India’s richest man Mukesh Ambani bought a Rs 1,350 crore mansion in the city. But he isn’t the first to …

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