Brookfield Asset Management bought a controlling stake in a Dubai-based firm’s real estate unit, securing a slice of prime warehousing space in one of the world’s hottest commercial property markets.
Abu Dhabi developer Aldar posts 88% first-quarter profit leap
Abu Dhabi’s biggest developer, Aldar Properties , posted an 88% leap in first-quarter net profit on Monday, supported by strong revenue growth.
Reportage Properties reports $544mln worth of sales in 4 months
Reportage Properties, a leading UAE real estate developer, reported estimated sales at Dh2 billion since the beginning of the year until now. Its sales exceeded Dh3.7 billion ($1 billion) during 2023, …
UAE: How tenants and landlords can protect their homes, make it rain proof
For prospective investors, it is worth considering if a future home would be rain-resilient enough to sustain any weather changes …
Verdict in ‘Dubai’ trial set for May amidst property confiscation controversy
The Gasabo Intermediate Court is scheduled to deliver its verdict on May 24 in the case involving businessman Jean Nsabimana, commonly known as ‘Dubai,’ and his co-defendants Stephen Rwamurangwa, …
World’s tallest residential tower coming to Dubai Marina
Dubai will soon be home to the world’s tallest residential tower with the Six Senses branded residences set for completion in 2028, reported Arabian Business on Thursday. To be located in Dubai Marina …
How UAE’s recent floods will impact construction projects
Several construction projects in the UAE will be affected, with huge potential for delays and damage to ongoing works.
UAE real estate: Commercial property demand high as sector thrives
UAE commercial property is expected to grow further as office, industrial and retail markets see high demand. The Royal Institution of Chartered Surveyors Global Commercial Property Monitor Q1 2024 …
Dubai real estate: AMWAJ Development enters property market with Meydan Starlight Park
The company said it has a planned development pipeline of over 1.5 million square feet in new residential projects by 2024, and over 2 million square feet in construction by 2025 …
UAE Property: ‘How much rent should a tenant pay for two months?’
Question: If an existing tenant does not want to extend a lease for 12 months, but rather for two, what is the fair rent to pay for the extension?He’s been living in the property for eight …
Revealed: Dubai’s top areas with the highest ROI on villas, apartments
Throughout the first quarter of this year, Dubai recorded almost 37,000 property sale transactions worth a staggering AED109.6 billion, The latest quarterly report released by real estate portal Bayut …
Bayut’s Q1 2024 Data Shows Stable Apartment Prices Amidst Continued Property Surge
Healthy influx of new properties meets Dubai’s housing demand Dubai, UAE – 25 April 2024: Wrapping up the first quarter of 2024, Bayut, the leading property portal in the UAE, has released insights …
New Dhs22 billion project launched to boost Abu Dhabi property sector
This partnership marks a significant step towards realising the vision of Arabian Hills Estate and aligns with the capital city’s 2030 vision for sustainable development and community-centric living.
Dubai: Private Developer Amwaj Development Launches Inaugural Project
(MENAFN- Khaleej Times) Private developer Amwaj Development has entered the Dubai real estate market with the launch of its first project to cash in on the rising demand for the property market. The …
RICS global commercial property monitor, Q1 2024 – UAE
The UAE, similarly, to other strong markets in the region, is limited only by rising costs brought by white hot demand. Regardless, the outlook for commercial property in the nation remains extremely …
Ara reveals $6bn Arabian Hills Estate in Abu Dhabi
ARA Real Estate Development, a Core Holding subsidiary, has unveiled the Arabian Hills Estate, a master-planned, gated community in Abu Dhabi, at an exclusive event held in Madinat Jumeirah, Dubai.
Ara Real Estate & Deca Properties Jointly Unveil Aed 22 Billion Arabian Hills Estate
(MENAFN- Dubai PR Network) DECA Properties Exclusive Sales and Marketing Partner For 244 Million Square Foot Master Development for the Abu Dhabi-based project Abu Dhabi, United Arab Emirates: ARA …