RAK Properties reported a more than three-fold increase in net profit for the first quarter on the back of higher net operating income and lower finance costs despite a drop in revenue. Net profit for …
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Etihad, Aldar Properties ink major partnership deal
UAE’s Etihad Airways and Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, have entered into a historic partnership that brings benefits to Etihad …
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Etihad Airways and Aldar retail sign major partnership agreement
Iconic Abu Dhabi brands sign major agreement allowing Etihad Guest members to earn and spend miles with their Visa cards while shopping at Yas Mall, Al Jimi Mall and World Trade Center …
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Restaurants, tourism firms in Abu Dhabi can apply for 20% rent refund
“In line with the economic initiatives packages launched by the Abu Dhabi government to support the private sector during the current Covid-19 impacts, the Abu Dhabi Department of …
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Combating coronavirus: Restaurants, tourism firms in Abu Dhabi can apply for 20% rent refund
“In line with the economic initiatives packages launched by the Abu Dhabi government to support the private sector during the current Covid-19 impacts, the Abu Dhabi Department of Economic Development …
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Summer staycation deals in Dubai, Abu Dhabi and Ras Al Khaimah: from late check-out to hotel credit
Many hotels in the Emirates are offering packages for residents with discounts, dining deals and more For many in the UAE, the summer season is synonymous with travelling. Of course, things are a tad …
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Mideast Stocks: Property stocks weigh on Dubai; Saudi up on banks
Dubai’s stock market was on course to snap six sessions of gains on Tuesday, pressured by losses in real estate shares, while the Saudi index gained on the back of a rally in banks. Dubai’s main share …
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Lootah outlines top 5 post-Covid UAE real estate trends
Providing an analysis on the real estate sector as the UAE adjusts to the new normal, Dubai-based Lootah Real Estate Development outlined the top 5 trends that will shape up the local property market …
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Dubai’s residential properties value down 11.5pc in May
Residential Capital Values for Dubai stood at 70.6 points declining at a continued accelerated monthly rate of 1.9%. The weighted average residential capital value per sq ft in Dubai in May fell below …
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Dubai’s monthly house price index increases 1.36%: DLD
The results were announced as part of the second edition launch of ‘Mo’asher’ – Dubai’s official sales price index – produced by DLD, in partnership with Property Finder. The current index displays …
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DLD partners with Property Finder: launches second edition of Mo’asher
In April 2020, we saw 1,808 transactions recorded, despite being on full lockdown in April Dubai Land Department successfully managed to continue transacting properties digitally Dubai – Dubai Land …
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Property portal Ajar now has $7.5m to deploy
Funds will be used for geographical reach as well as add more bells and whistles to portal Dubai: Ajar, the DIFC based property management and rent collection portal, closed its pre-Series A funding …
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DLD, Property Finder launch official Dubai sales price index
Dubai Land Department (DLD) has joined hands with Property Finder to launch the second edition of the emirate’s official sales price index, Mo’asher. The duo is working to improve and expand it to …
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Reportage Properties’ projects on progress despite COVID-19
UAE – Abu Dhabi-headquartered Reportage Properties is implementing the construction works of its projects in Abu Dhabi and Dubai according to the specified schedule despite the coronavirus (COVID-19) …
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Dubai property registrations drop to 1,808 deals in April
Dubai Land Department launches second edition of its property index, setting 2012 as the base year. Image Credit: Archive Dubai: Property sales registrations in Dubai for the first quarter were up 16 …
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Dubai sees ‘unexpected’ slight uptick in property prices in April
Dubai property prices experienced an “unexpected” uptick in April, with prices increasing 0.49 percent from the previous month, according to new data from Property Monitor. In its monthly market …
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UAE expats: How to retire rich, starting from zero savings
Expats in the UAE have a prime opportunity to earn and save tax-free while enjoying a high quality of life. HSBC’s Expat Explorer Survey of 2019 ranks the UAE ninth overall among best countries to …
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