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Category: PROPERTY

Posted on 28/04/2022

Abu Dhabi Islamic Bank to set up asset management firm

The Shariah-compliant lender is also continuing to look at organic and inorganic growth opportunities for its banking business.
( read original story …)


Posted on 28/04/2022

UAE property: ‘Can my tenant demand an extension on his eviction?’

The tenant is now ignoring our calls. How do we ensure he leaves the property on May 2? Do we get the police involved or does the Real Estate Regulatory Agency (Rera) do the eviction? FN, Dubai I …
( read original story …)


Posted on 28/04/2022

Record-Breaking Bulgari Resort Sale Signals Strong Year For Dubai’s Luxury Property Market

Located in the renowned Bulgari Resort and Residences development, the three-bedroom unit sold for AED 40 million (roughly US $10.9 million).
( read original story …)


Posted on 27/04/2022

Abu Dhabi’s Aldar reports 27 percent net profit growth in Q1 2022 following Egyptian acquisition

Property developer’s first-quarter group sales stood at $598.9m, driven by continued momentum in the capital’s real estate market Abu Dhabi’s Aldar reports 27 percent net profit growth in Q1 2022 …
( read original story …)


Posted on 27/04/2022

UAE’s Aldar Properties Q1 net profit up 26% at $187mln

UAE’s Aldar Properties on Wednesday reported a 26 percent jump in its Q1 2022 net profit (y-o-y) to 688 million dirhams ($187 million) amid strong demand for property. The effort missed analysts’ mean …
( read original story …)


Posted on 27/04/2022

Aldar Properties first-quarter profit jumps 23% on record sales

Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 23 per cent jump in its first-quarter profit, as revenue climbed on the back of record property sales amid continued recovery of the …
( read original story …)


Posted on 27/04/2022

Aldar Reports 27% Increase in Q1 Net Profit and Record Q1 Group Sales Amid Capital Deployment and Expansion

Aldar not only delivered a strong financial performance, but we also diversified our sources of funding and scaled up our ope …
( read original story …)


Posted on 27/04/2022

Video: Places in Dubai where apartments and villas offer the best return on investment

What are the most attractive property options based on projected rental yields in Dubai for apartments and villas in the budget and luxury segments? Video: Places in Dubai where apartments and villas …
( read original story …)


Posted on 27/04/2022

Dubai real estate retains its appeal with record transactions in Q1

Dubai real estate retained its appeal as the investors and residents continued to pour money in the emirate to buy a villa or apartment as reflected in the latest official data released on Tuesday.
( read original story …)


Posted on 27/04/2022

Off-plan real estate gaining popularity in Dubai

Dubai, UAE // KISS PR Brand Story PressWire // Experts say that the reason for the popularity of real estate in the UAE was the right decisions of the government, which led to the development of the …
( read original story …)


Posted on 27/04/2022

Dubai apartment, villa prices surge in first quarter due to huge demands

The Dubai property market has started the year 2022 on a high note, with the first quarter producing record-breaking numbers as the total transactions reached 19,009 by the end of March, concluding …
( read original story …)


Posted on 26/04/2022

Dubai Customs settles intellectual property disputes worth Dh24 million

Awareness drives for 500 students to highlight importance of intellectual property rights Dubai: Dubai has achieved a noticeable advancement in protecting intellectual property rights in the country …
( read original story …)


Posted on 26/04/2022

Dubai’s Commercial Real Estate Market Soars

CRC, a Betterhomes Group company and Dubai’s largest commercial real estate agency, released their Q1 2022 Dubai Commercial Property Market Report, which provides an in-depth overview of Dubai’s …
( read original story …)


Posted on 26/04/2022

Aldar Investment Launches Logistics Real Estate Vertical Through the Acquisition of Abu Dhabi Business Hub

Aldar Investment, the region’s leading real estate investment platform with more than AED 22 billion of assets under management, has completed the acqui …
( read original story …)


Posted on 26/04/2022

Looking for a new home? Here’s how you can check the previous rents on the property in Dubai.

You can now check the property’s transactions history through an online platform to find detailed information on any property’s history and price change throughout the years. In February this year, …
( read original story …)


Posted on 26/04/2022

Dubai prime office occupancy costs are under $100 per sq ft, well below global counterparts: Savills study

Global property consultants Savills have conducted an analysis of prime office costs in markets around the world. According to the new Savills Prime Office Costs (SPOC) insights, London, Hong Kong and …
( read original story …)


Posted on 25/04/2022

Abu Dhabi-based Emirati’s journey from working in IT to digitising the making of kandoras

How an AI-powered online platform that custom makes and sells kandoras came about “If a dirham knocks at your door and doesn’t find another dirham to greet him, he will leave and move on to the next …
( read original story …)


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