Is UAE property development getting out of hand?

It seems that the property market is buoyed by the fact that Expo 2020 is just around the corner; and Dubai has shown itself resilient and not perturbed by any geo-political or economic conflicts around it. Surely market intelligence has been the key ... ( read original story ...)

Dubai property market in perspective

Values across Dubai’s residential investment areas continued to moderate during Q2 2017, dipping by an average of 1.5%. This leaves the annual rate of change at -5.8% and marks the 12th consecutive quarter of price declines, during which time prices have ... ( read original story ...)

Inside the Louvre Abu Dhabi with architect Jean Nouvel

It cost millions, glitters in the sunlight and has its own island. Caroline Roux visits the new Louvre Abu Dhabi and sees the world in a new light. Last Tuesday, on a newly constructed island in Abu Dhabi, the French architect Jean Nouvel was not an ... ( read original story ...)

Abu Dhabi’s Aldar Properties appoints new chairman, CEO

RELATED ARTICLES: UAE’s Aldar awards $203m contract for The Bridges on Reem Island | UAE’s Aldar to showcase projects at property event in Riyadh | Phase 1 of Aldar’s $653m Abu Dhabi project sells out in three days Aldar Properties has announced ... ( read original story ...)

Aldar Properties : Abu Dhabi’s Aldar names new chairman, CEO

Aldar Properties, the Abu Dhabi-based property development company, has named a new chairman and CEO. The decision was made at the November 12, 2017 board meeting, where the directors of the company appointed Mohamed Khalifa Al Mubarak as chairman. ( read original story ...)

Abu Dhabi’s Aldar reports 18.45% dip in Q3 profit

Abu Dhabi developer Aldar Properties has reported an 18.45 per cent decline in third quarter profit year-on-year. The company’s net profit declined from Dhs737m ($200m) in Q3 of last year to Dhs601m ($163.6m) in Q3 of 2017. Revenue was also down 27 per ... ( read original story ...)

Abu Dhabi’s Aldar posts Q3 net profit of $163m

Aldar Properties on Monday reported a third quarter net profit of AED601 million ($163.6 million) on revenue of nearly AED1.4 billion ($380 million). The Abu Dhabi-based developer said year-on-year revenue growth was 27 percent but did not provide a ... ( read original story ...)