ADX loses 8.73 pts at Tuesday’s open

... banks sector retreated 0.20% as First Abu Dhabi Bank and Abu Dhabi Islamic Bank (ADIB) levelled down 0.46% and 0.28%, respectively. The real estate sector decreased 1.43% after RAK Properties and Eshraq Properties levelled down 1.08% and 0.13% ... ( read original story ...)

Air Arabia bucks trend in weak Dubai index

Damac Properties fell more than 3 per cent to be at Dh3.96 ... “People may be waiting for Arabtec and Emaar’s results,” Shurrab said. The Abu Dhabi Securities Exchange general index closed 0.08 per cent lower at Dh4,588.06. “The index is headed ... ( read original story ...)

Why Indians are investing big in Dubai property

In less than 40 years, Dubai has transformed from a local trading community into one of the most inspirational, exciting and successful cities in the world. It continues to make global headlines as an immensely attractive destination for tourists ... ( read original story ...)

Real estate transactions in Dubai exceeded Dh390bn in 18 months

Dubai Land Department (DLD) announced that the total value of real estate transactions exceeded AED 390 billion across 95,000 transactions in 18 months (1 Jan 2016 – 31 July 2017). Commenting on the results, His Excellency Sultan Butti bin Mejren ... ( read original story ...)

1 Bedroom Studio Flat For Sale In Jumeirah Dubai

Benefits: 1) Purchasing property in Dubai = Dubai offers you a residence permit -so if you visit Dubai a lot for work or pleasure means you will save a lot of time bypassing visa and immigration and you have a place to stay 2) As a rental property Dubai ... ( read original story ...)

Fäm Properties tops $353.9m in City Walk residential sales

Fäm Properties, a leading real estate brokerage in Dubai, has topped Dh1.3 billion ($353.93 million) in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah, Dubai. Fäm Properties CEO Firas ... ( read original story ...)

Real estate leads economic activity in Dubai

The real estate sector has grown into a significant component of the economy in Dubai and the number of companies engaged in real estate and related activities in Dubai has now reached 8,011, including more than 680 real estate developers. According to the ... ( read original story ...)

Lootah Real Estate, Dubai South in JV deal

Lootah Real Estate (LRE) and Dubai South have entered into a joint venture to develop residential units in the Dubai South residential district. The agreement calls for the phased development of approximately 1.1m sq ft of property. “Winning such a ... ( read original story ...)