The recovery of the UAE real estate market from the COVID-19 pandemic will take at least 12 to 24 months, according to Dubai developer DAMAC Properties’ chairman Hussain Sajwani. His firm reported a …
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Dubai’s property market splits as villa and apartment demand diverges
Apartment and villa property markets in Dubai were polarised during the first three months of 2021 as investors sought out larger properties amid the ongoing coronavirus pandemic. According to real …
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At 293 Metres, Address Beach Resort Dubai’s Infinity Pool Is World’s Highest
From Macao having the world’s tallest bungee jump to the Philippines being home to the world’s largest eagle, Asia is no doubt the place for extremes. So if you’re exploring the continent and looking …
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Top Dubai property developer Emaar says net profit rises 8 pct in first quarter
Dubai’s largest property firm Emaar Properties reported an 8 percent rise in first-quarter net profit on Monday.Emaar made 657 million dirhams ($179 …
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Dubai’s Emaar Properties reports $1.93bn property sales in Q1 2021, up 83% y-on-y
Dubai developer Emaar Properties said on Monday that its group property sales in Q1 2021 were $1.937bn, up 83 per cent compared to $1.058bn it reported in Q1 2020. The developer’s Q1 2021 revenue …
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Aldar Properties’ net profit surges 80% to $148.12 million in Q1 2021
Net profit jumped to 544 million dirhams ($148.12 million) in the quarter that ended March 31, from 302 million dirhams in the same period a year earl..
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Top Dubai property developer Emaar says net profit rises 8 pict in first quarter
Dubai’s largest property firm Emaar Properties reported an 8 percent rise in first-quarter net profit on Monday.Emaar made 657 million dirhams ($179 …
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Franklin Templeton’s Shamma on Recovery in Dubai’s Property Market
Salah Shamma, Franklin Templeton, Head of MENA Equities discusses Dubai’s real estate outlook. He says the current backdrop will continue to support the momentum in the sector as investors continue to …
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Dubai shares gain amid property recovery optimism
Stocks in Dubai were among the biggest gainers across the Middle East amid optimism that Emaar Properties earnings may point to a wider recovery in the emirate. The Dubai Financial Market General …
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Abu Dhabi outperforms as most Gulf markets gain
DUBAI: The Abu Dhabi stock market ended higher on Sunday, outperforming other Gulf markets, while the Dubai index …
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Abu Dhabi’s Story Hospitality launches new 4-star lifestyle brand
Story Hospitality, an integrated and innovative hospitality management platform based in Abu Dhabi, has announced the launch of its contemporary four-star lifestyle brand, CUE Hotels. The hotels under …
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The feel-good factor back to UAE’s residential property sales
During the first three months, the ValuStrat Price Index for residential properties in Dubai was up 0.8% on a quarterly basis, the first time the index had a positive reading since 2014, according to …
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In Abu Dhabi, it’s International Holding Co.’s stock that’s on a hot streak
Abu Dhabi stocks advanced in early trades on Thursday en route to a fourth rise this week, with high-flying International Holding Co. again contributing immensely after posting record first-quarter …
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Aldar picks first start-ups to develop the UAE’s PropTech ambitions
Abu Dhabi developer picks German, Finnish and British firms to participate in Aldar Scale Up accelerator programme …
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Now, you can buy property in Dubai with debit, credit cards
Emaar Development and global digital payment firm Visa have tied up to allow customers in the UAE to buy properties in Emaar projects through their debit and credit cards. Ahmad Al Matrooshi of Emaar …
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Dubai Customs’ IP Protection Efforts Get The UAE Off U.s. Anti-counterfeiting Watch List
The contributions of Dubai Customs toward protection and enforcement of intellectual property (IP) rights have significantly paved the way for a new UAE …
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Wasl Properties Releases ‘Masaken Wasl’ In Al Qusais Onto The Market
Dubai, announced the release of ‘masaken wasl,’ a new project in Al Qusais, onto the Dubai leasing market. The development offers 777 modern and spacious apartments to meet the various needs of …
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