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Category: PROPERTY

Posted on 15/08/2019

Dubai developer Damac Properties, contractor Arabtec Q2 profits drop

Dubai property developer Damac Properties reported a nearly 87 per cent drop in second-quarter net profit on Wednesday, hurt by the emirate’s slumping property market. Damac, owner and operator …
( read original story …)


Posted on 14/08/2019

Selling your property in the UK? Beware of the tax traps

Plenty of individuals and companies in the UAE own UK property. Some British residents will have kept their homes when they relocated to the UAE, properties they then rented out full-time or …
( read original story …)


Posted on 14/08/2019

New Dubai residential units to push real estate prices down further, report says

More than 20,000 units were completed in the first half of 2019 with more expected in the coming months, says Property Finder New residential units coming onto the market in the second half of the …
( read original story …)


Posted on 13/08/2019

New Dubai residential units to push real estate prices down further

More than 20,000 units completed in the first half of 2019 with more expected in the coming months, says Property Finder New residential units coming onto the market in the second half of the year …
( read original story …)


Posted on 10/08/2019

Schon Properties signs agreement to complete Dubai Lagoon Lotus Project

DUBAI/LONDON: Major property developer Schon Properties has signed an agreement with a leading investor and contractor to complete their 90% completed development, Dubai Lagoon Lotus. The housing …
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Posted on 09/08/2019

Abu Dhabi property market on solid growth trajectory

Aldar Properties, Abu Dhabi’s leading property development, management and investment company, has reported a 15% year-on-year increase in revenue to Dhs3.42 billion in the first half of 2019. Talal …
( read original story …)


Posted on 09/08/2019

How to rent a property in Dubai

Renting a property in Dubai can be a daunting prospect, especially if you are arriving in the city for the first time. The nuances of the market and the hoops you’ll need to jump through may be …
( read original story …)


Posted on 09/08/2019

Aldar Properties Q2 profit up 7%, says Abu Dhabi sentiment up

ABU DHABI, Aug 8 (Reuters) – Aldar Properties , the largest property developer in Abu Dhabi, on Thursday reported a 7% rise in second-quarter profit year on year, saying sentiment in the property …
( read original story …)


Posted on 08/08/2019

UPDATE 1-Aldar Properties Q2 profit up 7%, says Abu Dhabi sentiment up

ABU DHABI, Aug 8 (Reuters) – Aldar Properties, the largest property developer in Abu Dhabi, on Thursday reported a 7% rise in second-quarter profit year on year, saying sentiment in the property …
( read original story …)


Posted on 08/08/2019

Abu Dhabi’s Aldar Weighs Opportunities in Saudi Arabia and Egypt

CEO Talal Al Dhiyebi discusses Aldar Properties’ financial results. (Source: Bloomberg) Abu Dhabi’s largest developer earlier Thursday posted a 7% rise in second-quarter profit to 476 million dirhams …
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Posted on 08/08/2019

Abu Dhabi’s Aldar Properties posts higher Q2 profit, as sales surge

Aldar Properties, the largest property developer in Abu Dhabi, reported a 7 percent increase in net profit at 476 million dirhams ($129.59 million) for Q2 2019 due to higher revenues. The developer …
( read original story …)


Posted on 08/08/2019

Aldar posts 7% rise in Q2 profit, says sentiment up for Abu Dhabi property market

Aldar Properties, the largest property developer in Abu Dhabi, on Thursday reported a 7 per cent rise in second-quarter profit, saying the emirate’s property sentiment has improved. The state …
( read original story …)


Posted on 08/08/2019

Aldar Properties Announces 15% Growth in h1 2019 Revenue to Dh3.42 Billion

Aldar Properties PJSC (“Aldar”), Abu Dhabi’s leading property development, management and investment company, today reported a 15% year-on-year increase in revenue to AED 3.42 billion in the first …
( read original story …)


Posted on 08/08/2019

Aldar Properties quarterly profit up 7%, says sentiment for Abu Dhabi up

ABU DHABI, Aug 8 (Reuters) – Aldar Properties , the largest property developer in Abu Dhabi, on Thursday reported a 7% rise in second-quarter profit, saying the emirate’s property sentiment has …
( read original story …)


Posted on 08/08/2019

Aldar Properties posts 5% rise in Q2 profit on back of strong sales

“There is an upswing in sentiment towards Abu Dhabi’s real estate market with the recent announcement of our Dh9bn worth of development projects since the start of 2019,” said Talal Al Dhiyebi, chief …
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Posted on 06/08/2019

Dubai third most affordable city for prime property – News |

(MENAFN – Khaleej Times) Dubai ranks as the third most affordable major global city for purchasing prime residential property, according to the findings of a new survey by Savills. Savills’ World …
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Posted on 05/08/2019

Dubai third most affordable city for prime property

Dubai ranks as the third most affordable major global city for purchasing prime residential property, according to the findings of a new survey by Savills. Savills’ World Cities Prime Residential …
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