Tag: property

Cayan Group, a property developer, strongly condemned Russian model Viki Odintcova and her assistants’ daredevil stunt of hanging off the edge of the Cayan Tower roof without any restraints, or safety precautions. The stunt was carried out without the ... ( read original story ...)

This sentiments by the SFG public property watchdog were in reference to the unanimous approval accorded by parliament in Hargeisa a deal between the governments of Somaliland and UAE for an Emirati military base in Berbera. While the terms of the ... ( read original story ...)

In the last few years, multinational companies engaged in property development from the Middle East, especially the United Arab Emirates and India have heightened their search for investors from Kenya. Deyaar Development in particular has sighted Kenyan ... ( read original story ...)

Dubai’s real estate market has kicked off the new year on a positive note with the value of its real estate transactions hitting Dh42 billion ($11.4 billion) in the first 45 days, said a report by Dubai Land Department (DLD). With the transactions value ... ( read original story ...)

Dubai Properties is not waiting around for the property market to “wake up” — the developer is out to do that on its own. It was the first to come up with off-plan villa launches this year, at its expanding community in Dubailand. And more are on the ... ( read original story ...)

I have a question on the topic of developers’ so-called registration fees on resales. I am buying a villa in Abu Dhabi and the developer is charging a whopping 5 per cent fee for the resale registration. I was under the impression that this was made ... ( read original story ...)

Dubai Properties is leading the charge for recovery in the villa sales market in Dubai. The developer was the first to announce villa sales this year in La Quinta, phase two of its master community Villanova off the Dubai-Al Ain highway. In a bid to ... ( read original story ...)

DAMAC Properties Dubai Co., a leading property developer in the Middle East, today announced the financial results for the full year 2016. During 2016, DAMAC recorded revenues of AED 7.16 billion, with gross profit margins at 56%. Net profit for the ... ( read original story ...)

ABU DHABI Feb 14 Aldar Properties expects lower sales in 2017, its chief financial officer said on Tuesday after the builder of Abu Dhabi’s Formula One circuit reported flat fourth-quarter profit. Net attributable profit fell to 727.9 million dirhams ($ ... ( read original story ...)

ABU DHABI Feb 14 Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, expects sales of 3 billion dirhams ($816.8 million) in 2017, down from 3.5 billion dirhams in 2016, Chief Financial Officer Greg Fewer said on Tuesday. ( read original story ...)