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Category: PROPERTY

Posted on 22/11/2018

How Dubai’s property market has evolved

Dubai is a melting pot, bringing together varied cultures from every corner of the globe. It may seem cliché to say that, but it is one of the defining aspects of the city and certainly one reason why …
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Posted on 19/11/2018

Commercial property markets in Dubai and Abu Dhabi continue to struggle

RELATED ARTICLES: Knight Frank: UAE transport infra ranked third best globally | Dubai emerges as a global hub: Knight Frank | Knight Frank appoints new associate partner | Knight Frank brings London …
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Posted on 19/11/2018

Property prices in Dubai to continue falling in 2019

Residential property prices in Dubai are anticipated to continue their downward slump in 2019 as increased supply enters the market, a new report has found. The report by real estate portal …
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Posted on 19/11/2018

Top Dubai properties go on show in London

The Dubai Property Show – London opened yesterday (November 17) in the UK capital featuring a number of leading real estate companies from Dubai, a media report said. Inaugurated by Sultan Butti bin M…
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Posted on 19/11/2018

Emirates Islamic Bank : Dubai Land Department inaugurates Dubai Property Show London

HE Sultan Butti bin Mejren, Director General of Dubai Land Department (DLD), inaugurated the Dubai Property Show – London. The opening ceremony of the third edition was attended by HE Rawdha Al Otaiba …
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Posted on 19/11/2018

Property owners, tenants in Dubai can now renew lease contracts online

Property owners and tenants in Dubai can now renew their lease and Ejari contracts online, without visiting service centres. The Dubai Land Department (DLD) has added the lease self-registration …
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Posted on 19/11/2018

Abu Dhabi’s $1.2bn Reem Mall enters fast track

UAE-based Al Farwaniya Property Developments said work on its $1.2-billion Abu Dhabi retail, dining and leisure destination, Reem Mall, is progressing at a steady pace with more than 200,000 cu m of r…
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Posted on 19/11/2018

The Outlook for UAE Property Market in 2019

What can we expect for the UAE real estate as we look towards 2019? experts at PropertyFinder look at the factors affecting the property market in details and weigh in on the higher borrowing cost, ma…
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Posted on 17/11/2018

Dubai Land Department inaugurates Dubai Property Show – London

LONDON, 17th November, 2018 (WAM) — Sultan Butti bin Mejren, Director-General of the Dubai Land Department, DLD, inaugurated the Dubai Property Show – London. ‎During the show, which will run for thr…
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Posted on 17/11/2018

Turning Dubai property into a mass asset

Conversations about the current state of the real estate and equity markets in the UAE tend to ignore some basic parameters. Both about how value is created, as well as how it becomes mainstream …
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Posted on 16/11/2018

New mortgage rules ‘to help boost UAE property sector’

The UAE’s banking sector has played a pivotal role in fulfilling the aspirations of thousands of people to own their ‘dream home’ in the emirates, but a lot more can be done to further catalyse the gr…
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Posted on 15/11/2018

Emaar Profit Wobble Shows No One Safe From Dubai Property Slide

Emaar Properties PSJC reported the lowest quarterly profit in almost three years, showing that Dubai’s lengthening real estate slump is starting to weigh down even its most resilient builders. Emaar, …
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Posted on 15/11/2018

Dubai’s Damac doubles number of home handovers so far in 2018

Dubai-based developer Damac Properties on Wednesday announced total revenue of AED5.2 billion ($1.4 billion) and net profit of AED1.1 billion ($300 million) for the first nine months of 2018. During t…
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Posted on 15/11/2018

Emaar Development’s revenue soars on Dubai property sales

The company said it now has a total sales backlog of AED38.53 billion, which will be recognised as revenue in the next three to four years. Emaar Development, the build-to-sell property development bu…
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Posted on 15/11/2018

PM Khan’s sister penalised over undeclared Dubai property

Prime Minister Imran Khan’s sister Aleema Khan was penalised on her undeclared property in Dubai after which she paid half of the total cost to the tax authorities, a local media outlet said Thursday. …
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Posted on 15/11/2018

Aleema Khan pays penalty on her undeclared Dubai property

ISLAMABAD: In an effort to avoid imminent legal action for owning undeclared overseas’ assets, Prime Minister Imran Khan’s sister, Aleema Khan, has deposited half of her Dubai property’s total cost wi…
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Posted on 15/11/2018

Dubai’s Emaar Properties reports 29 pct fall in Q3 profit

Dubai’s largest listed developer Emaar Properties reported a 29 percent fall in third quarter profit on Wednesday, below analysts’ forecasts. The developer of the Burj Khalifa, the world’s …
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