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Category: PROPERTY

Posted on 21/05/2019

Video tour of Dubai. Project: Jumeirah Beach Residences JBR Walk Dubai. Part 1 – Dubai Video

Also will give you some tips about dubai property. Jumeirah Beach Residence (also known as JBR) is a 1.7 kilometres (1.1 mi) long, 2 square kilometres (0.77 sq mi) gross floor area waterfront …
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Posted on 21/05/2019

Property props up Dubai stock market

Dubai’s stock market opened higher on Monday, bolstered by its property shares, while major Gulf markets moved sideways. The Dubai index edged 0.6 per cent higher, supported by its real estate …
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Posted on 21/05/2019

MIDEAST STOCKS-Property pulls down Dubai as most Gulf markets lower

May 19 (Reuters) – Dubai’s stock market opened lower on Sunday, dragged down by property shares as most Gulf markets were weaker amid rising geopolitical tensions. Dubai’s main index was down 1.5% …
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Posted on 19/05/2019

MIDEAST STOCKS-Dubai ends lower on property, banking as Gulf markets mixed

DAMAC Properties, which on May 15 reported its … representing an aggregate weight of 1.42% in the MSCI Emerging Markets Index. Abu Dhabi’s index rose 0.3%, recovering from early losses in …
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Posted on 18/05/2019

10 Reasons to Invest in Dubai Real Estate

The Dubai market is booming due to the Expo 2020, and the people from across the world are investing in the properties in Dubai. The Dubai real estate market is considered to be the best sector for …
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Posted on 18/05/2019

What will the Dubai property market look like post Expo 2020?

To predict the outcome of the property market after Expo 2020 – a topic that sees even top economists hesitate to share their opinion – would be foolhardy of me. However, from what we know about the …
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Posted on 16/05/2019

Aldar Properties : Q1 net profit down by 26% despite revenue hike at Aldar in Abu Dhabi

Net profits declined by 26% at UAE real estate developer Aldar Properties in Q1 2019, despite a 20% revenue spike at theAbu Dhabi Securities Exchange-listeddevelopment giant during the period. Aldar – …
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Posted on 15/05/2019

DAMAC profit falls 94 pct as Dubai property market slumps

Property developer DAMAC Properties reported a 94% drop in first-quarter net profit on Wednesday, its smallest since going public in 2015, hurt by Dubai’s slumping property market. DAMAC, owner …
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Posted on 15/05/2019

Damac’s first-quarter profits drop 94% as Dubai property market slumps

Dubai’s Damac Properties, the owner and operator of the only Trump-branded golf club in the Middle East, reported a 94 per cent annual drop in first-quarter net profit, pressured by a slump in …
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Posted on 15/05/2019

Buying property in Dubai: is a distress deal a good deal?

Assets often become distressed because of the operational and financial difficulties faced by the owner or issuer of the assets, which may result in insolvency or bankruptcy. Such situations create …
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Posted on 15/05/2019

EPA discusses intellectual property

Emirates Publishers Association (EPA)organised a cultural panel about the UAE’s leading role in protecting intellectual property, in addition to the laws issued by EPA in this regard, as part of …
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Posted on 14/05/2019

Dubai’s Danube Properties planning three project launches in 2019 – chairman

Dubai’s Danube Properties is planning three new project launches this year, as the affordable housing developer reported a 78.5 percent rise in sales in 2018. Danube Properties, the development arm of …
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Posted on 14/05/2019

Abu Dhabi’s Aldar Properties posts 17.3% drop in Q1 profit

Aldar Properties, the largest property developer in Abu Dhabi, plans to spend Dhs2.75bn ($749m) in 2019, its chief financial officer said after the company reported a 17.3 per cent drop in first …
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Posted on 14/05/2019

Aldar Properties : Land sales will drive the freehold action in Abu Dhabi

— Land gets a major boost as Abu Dhabi allows foreigners freehold rights Dubai: Aldar Properties will pursue land sales aggressively to investors, including to those foreign buyers and institutional …
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Posted on 14/05/2019

Dubai’s Danube Properties planning four project launches in 2019 – chairman

Dubai’s Danube Properties is planning four new project launches this year, as the affordable housing developer reported a 78.5 percent rise in sales in 2018. Danube Properties, the development arm of …
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Posted on 14/05/2019

UAE residents most enthusiastic property searchers: HSBC

People in the UAE spend more time reading about and researching property than in nine other major markets, according to a new survey from HSBC. The bank said in a press release that a survey conducted …
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Posted on 14/05/2019

How Does Ramadan Affect the Dubai property market?

Carl Allsopp, COO of Allsopp & Allsopp explains the misconceptions between the holy month of Ramadan and the Real Estate market of Dubai. Do a lot of people travel during Ramadan? We all live in a …
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