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Category: PROPERTY

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 …
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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 …
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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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Posted on 10/02/2022

UAE – Resort, hotels and plots of land up for grabs in the awaited Jewels of Madina public auction

Wednesday 9 February 2022 [ AETOS Wire ] Real estate investors are eagerly waiting to grab the five real estate …
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Posted on 10/02/2022

Dubai’s residential capital values grew at slow pace in January

According to ValuStrat, topping the sales charts overall were properties developed by Emaar (22.5%), Nakheel (7.2%), Dubai Properties (5.5%), and Damac (5.4%). Top off-plan locations transacted …
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Posted on 10/02/2022

UAE real estate a magnet for foreign investors rental income, salability, quality of life draw buyers

We expect this to continue to positively impact the property market in 2022 as well,” he said. Rizwan Sajan, chairman and founder of Danube Group, said Dubai has a number of advantages that …
( read original story …)


Posted on 10/02/2022

UAE real estate a magnet for foreign investors rental income, salability, quality of life draw buyers

We expect this to continue to positively impact the property market in 2022 as well,” he said. Rizwan Sajan, chairman and founder of Danube Group, said Dubai has a number of advantages that …
( read original story …)


Posted on 10/02/2022

UAE – Aldar records Dh7.2b property sales in 2021

Within the Principal Investments business, Aldar’s property management company Provis … publicly listed real estate developers in the UAE. ESG progress has carried into the opening months …
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Posted on 10/02/2022

District 2020 set to drive Dubai real estate growth

The Dubai property market is expected to benefit exponentially from Expo 2020’s transition into District 2020, which is planned to be a sustainable and mixed-use community with residential and …
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Posted on 09/02/2022

Abu Dhabi-based Aldar records nearly $2bn in property sales for 2021

Aldar’s developments on Yas Island accounted for 62 percent of the total value of sales in 2021 Abu Dhabi-based Aldar records nearly $2bn in property sales for 2021 abu dhabi property market, aldar …
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Posted on 09/02/2022

Ellington Properties Sets Milestone With Handover Of Belgravia Iii In Jumeirah Village Circle

Ellington Properties, Dubai’s leading design-led property developer, has commenced the handover of trendy residential development, Belgravia III residences, which is part of the Belgravia series in …
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Posted on 08/02/2022

Abu Dhabi’s Aldar awarded development project contracts worth Dhs8.5bn in 2021

Aldar Properties has announced that – in 2021 … commercial and mixed-use projects in Abu Dhabi. The contracts were awarded to 14 different UAE-based contractors. Through these contracts …
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