Abu Dhabi developer Aldar Properties reported a 2% rise in second-quarter profit on Thursday. The state-linked builder of Abu Dhabi’s Formula One circuit made …
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Strong second quarter helps Aldar Properties avoid bigger decline in first-half 2020
File picture of an Aldar community model. The Pandemic did cast an impact on first-half 2020 results, but a strong second quarter run was some compensation. Image Credit: Gulf News Archive Abu Dhabi: …
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LuLu wins rights for hypermarket at ‘Riyadh City’ in Abu Dhabi
We are proud to launch our first ever full-fledged hypermarket in. It has always been our goal to make the highest quality …
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Modon signs lease agreement with LuLu Group International
Modon Properties (Modon), mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential …
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Dubai property transactions reach February level
Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local …
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UAE stocks post $4.08bln in market cap gains
ABU DHABI – UAE financial markets on Monday posted combined gains … which sent its share up to AED1.42. Aldar Properties rose to AED1.75 and ADQ to AED35. In DFM, Emaar picked up to AED2.67, Emaar …
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Abu Dhabi Real Estate Holistic Property Management
A brief on the holistic property management solutions in the Abu Dhabi real estate sector, and the way it affects property investment.
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RAK Properties reports 15% jump in second-quarter profit on higher revenue
RAK Properties reported a 15 per cent jump in second-quarter net profit after its revenue more than doubled on the back of higher property sales. Net profit for the three months through to June 30 …
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Rediscover Abu Dhabi: 5 of the best hotels for a staycation
The Rediscover Abu Dhabi initiative aims to give residents a chance to reacquaint themselves with the emirate as it slowly reopens, through special deals across dining, entertainm …
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Dubai Land Department launches ‘Green List’ project on ‘Dubai REST’
The project is a new addition to a range of comprehensive services provided by “Dubai REST”, a smart real estate application by the DLD. To benefit from the new service and the existing ones provided …
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Spain’s runaway former king Juan Carlos lands in Abu Dhabi to stay in seven-star bolthole amid corruption scandal
SPAIN’S runaway former king has been pictured getting off a private jet before heading to a £10,000 presidential suite in one of the world’s most luxurious hotels. It’s reported 82-year-old …
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IPL in UAE: Teams prefer beachfront hotels as quarantine of players start
The Standard Operating Procedure (SOP) for all the stakeholders of IPL, issued to the franchises a few days back, calls for water tight restrictions on the players and with this in mind – four of the …
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Dubai offers new service linking property owners with brokers
Green List project is aimed at facilitating contact and reducing complaints about unwanted communication The Dubai Land Department introduced a new service that links real estate owners with brokers …
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Dubai cuts downs on ‘cold calls’ in property sales
Towers in Business Bay, along the Dubai Canal. Dubai Land Department has launched its ‘Green List’ initiative aimed at cutting out all unwanted communications between property owners and brokers.
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Adnoc Considers Stake Sale in $5 Billion of Properties
Abu Dhabi National Oil Co. is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign …
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Dubai’s homeowner rights can be strengthened further
Latest JOP Law closes many gaps, but some updates would come in real handy for buyers Dubai’s recently passed JOP (jointly owned property) Law repealed an earlier one from 2007 and featured some …
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UAE stocks gain $2.23bn on upbeat DFM, ADX markets
UAE financial markets on Thursday posted combined gains of AED8.2 billion ($2.23 billion) in market cap driven by upbeat sentiments following the H1’s positive financial results announced by some of …
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