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Category: PROPERTY

Posted on 17/02/2022

Metropolitan Premium Properties is Listing the First Six Senses Residences to Be Developed in the UAE

(Photo – AETOSWire) Select Group, a global property developer and its joint venture partner Emirates Strategic Investments Company (ESIC) will be developing the Six Senses The Palm, Dubai, which is …
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Posted on 17/02/2022

30% of a Twitter poll think the property sector will capitalise on NFTs – mid-east.info

or for the automatic collection of levies such as the 4% Dubai Land Department (DLD) fee, for example. “I have no doubt that traditional property deeds and mechanisms will continue to be used …
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Posted on 16/02/2022

Dubai residential market remains resilient as property prices rise 33% in January

Property prices across Dubai grew 33.4 per cent in January to an average of Dh1,575 per square foot, as the residential market remained resilient amid a strong economic recovery in the emirate. Prices …
( read original story …)


Posted on 16/02/2022

Dubai residential market remains resilient as property prices rise 33% in January

Property prices across Dubai grew 33.4 per cent in January to an average of Dh1,575 per square foot, as the residential market remained resilient amid a strong economic recovery in the emirate. Prices …
( read original story …)


Posted on 15/02/2022

Apollo to invest $1.4bn in UAE property firm Aldar

Apollo Global Management is investing in UAE real estate via a $1.4bn (€1.2bn) deal with Aldar Properties. Apollo, investing on behalf of its funds and clients, has agreed to invest $500m in a land …
( read original story …)


Posted on 15/02/2022

UAE – Emaar Properties posts Dh33.76b highest ever sales in 2021

“As one of the most dynamic and growing markets in the world, Dubai’s property market is a testament to the strength and resilience of the UAE as a nation and Emaar is proud to lead the way …
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Posted on 15/02/2022

UAE – Emaar Properties achieves highest ever property sales of Dh33.7 billion in 2021

As one of the most dynamic and growing markets in the world, Dubai’s property market is a testament to the strength and resilience of the UAE as a nation and Emaar is proud to lead the way forward.’ …
( read original story …)


Posted on 15/02/2022

Emaar Properties achieves highest ever property sales of AED33.762 billion in 2021

DUBAI, 14th February, 2022 (WAM) — Emaar Properties announced a significant increase in property sales of 209 per cent reaching to AED33.762 billion (US$ 9.192 billion) compared to 2020 sales of …
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Posted on 14/02/2022

Dubai’s Damac Properties’ 2021 net loss narrows to $144. mln

Dubai’s Damac Properties is “cautiously optimistic” about the coming year, after posting AED 3 billion ($816.8 million) in revenues for 2021. The property developer’s net loss narrowed to AED 531 …
( read original story …)


Posted on 14/02/2022

Dubai’s Emaar Properties sees 2021 net profit soar to $1bln; beats estimate

Dubai’s Emaar Properties posted an 80 percent rise in its 2021 full year net profit at 3.80 billion dirhams ($1.03 billion) on the back of record property sales in the UAE. Revenue came in at 28.27 …
( read original story …)


Posted on 14/02/2022

Dubai gears up for International Property Show 2022

This year’s International Property Show opens at a time when Dubai real estate market is witnessing tremendous growth driven by supportive economic reforms that have helped to hasten a rebound from …
( read original story …)


Posted on 14/02/2022

Dubai gears up for International Property Show 2022

This year’s International Property Show opens at a time when Dubai real estate market is witnessing tremendous growth driven by supportive economic reforms that have helped to hasten a rebound from …
( read original story …)


Posted on 14/02/2022

More growth dynamics for Dubai’s real estate as demand increases

Dubai: Exhibitors at this year’s International Property Show are in for a treat as Dubai real estate market continues to show a tremendous increase driven by supportive economic reforms and an …
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Posted on 14/02/2022

Apollo to invest $1.4 bln in Abu Dhabi developer Aldar

Apollo Global Management will invest $1.4 billion in Abu Dhabi developer Aldar Properties in a deal that includes Apollo taking a minority stake in Aldar’s investment unit, Aldar said on Monday. DUBAI …
( read original story …)


Posted on 13/02/2022

RAK Properties net profit surges 76.31% in 2021 on higher sales

RAK Properties on Sunday said its annual net profit surged 76.31 per cent last year to Dh201 million from Dh114 million in 2020 due to higher sales in Marbella Villas project and Al Marsa plots. In a …
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Posted on 12/02/2022

Revealed: How Dubai’s 2021 property price surge compares globally

Dubai’s prime residential capital values climbed 17.4 percent in 2021, as buyers flocked to the city for its competitive pricing, quality of life and warm climate in addition to the UAE’s successful …
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Posted on 10/02/2022

Dubai property price rises slow but Palm Jumeirah villas pass 2014 peak

The price of villas on Palm Jumeirah rose to above their 2014 peak in January. The pace of monthly price growth in the Dubai property market slowed down in January but Palm Jumeirah villas still …
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