Aldar Properties : to build twofour54’s Yas home

The media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar Properties, the emirate’s biggest listed developer, to build its new home on Yas Island. The project is part of a Dh12 billion development of the southern part of ... ( read original story ...)

Dubai Property Prices Set To Bottom Out At Last

Dubai’s property market is still in the doldrums, years after prices and rents started to drop. Estate agents suggest the downward spiral is likely to bottom out over the next few months. International property firm Cluttons, who have offices in Dubai ... ( read original story ...)

DAMAC predicts Dubai property supply rise

DAMAC Properties expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, the group’s chief finance officer said. Supply of such properties in 2017 would ... ( read original story ...)

Evicted tenant is refusing to vacate Dubai property

My husband and I bought a property with a tenant living in it in July 2015. He is on a five-month rolling contract, as that was his time remaining from the previous owner. After a lot of backwards and forwards and underhanded tactics from his side, we ... ( read original story ...)

Dubai Real Estate Report

Damac Properties, a pioneering property developer in the Mideast has recorded a net profit of USD240mn for the first quarter of this year, marking net margins of 45 percent. Additionally, the developer posted profits of Dh1.95bn, with gross profit margins ... ( read original story ...)

Dubai property: returns on the up

The property market in Dubai is on the up due to an increase in projects throughout the sector. The Dubai Land Department has revealed that the volume of investment in local real estate during the first half of 2016 reached $7.6 billion. As well as ... ( read original story ...)

Aldar Properties : Academies set to manage Adnoc schools

Under the terms of the agreement, Aldar Academies, a unit of Abu Dhabi-based developer Aldar Properties, will operate Adnoc’s schools in Sas Al Nakhl, Ruwais, Madinat Zayed and Ghayathi, beginning in September. The financial value of the agreement was ... ( read original story ...)

The Dubai Property Market: An Overview Of Rental Opportunities

The Dubai property market is one of the most reliable in the world. According to the Dubai Land Department, the volume of investment in local real estate during the first half of 2016 reached $7.6bn. The great attractions for investors are economic ... ( read original story ...)