Majid Al Futtaim Properties has sold a luxury mansion at Lanai Islands in the Tilal Al Ghaf project for Dh200 million ($54.4 million), as demand for premium property surges in Dubai.It was the highest …
Bona Mugabe and Simba Chikore’s divorce hearing reveals lavish lifestyle with 22 farms and mansion in Dubai
Chikore claimed that the properties he co-owns with Mugabe are a drop in the bucket, compared to what she possesses on her own.
Abu Dhabi real estate sees massive 147% growth, $7.6bn property deals in Q1
Abu Dhabi’s real estate sector booming, over 5,470 transactions in Q1 Abu Dhabi real estate sees massive 147% growth, $7.6bn property deals in Q1 Abu Dhabi, Abu Dhabi Department of Municipalities and …
Abu Dhabi property transactions more than double to $7.59bn in first quarter
Abu Dhabi recorded real estate transactions worth Dh27.9 billion ($7.59 billion), with 5,472 deals, in the first quarter of 2023, as the emirate’s property market rebounds amid government initiatives …
Dubai real estate: 32,000 new property units to be available by end of 2023
More than 32,000 residential properties in Dubai, including villas and apartments, will be handed over by the end of 2023, real estate consultancy Asteco said in its Q1 2023 report, indicating the …
Dubai luxury mansion sold for record Dh200 million
The Dh200 million transaction was closed by Orange City Properties and underscores the strong demand for premium properties in Dubai, where the real estate market is currently at a 12-year record high …
Tecom first-quarter profit surges 34% on strong Dubai property market
Tecom Group, the operator of business districts in Dubai, recorded a 34 per cent annual increase in its first-quarter net profit on the back of a “booming” property market in the emirate.
33.3% of Dubai tenants chose one bedroom-units as their preferred option
Approximately one third of tenants (33.3%) in Dubai were looking for one-bedroom units as their preferred option, followed by two-bedroom units at 30.4% and 29.4% for studios. As for villas and …
Aldar posts 22% YoY increase in Q1 net profit with record quarterly development sales of AED 4.5bln
Aldar Investment’s Q1 2023 revenue reached AED 1.2 billion, representing a 45% YoY growth while Q1 2023 Adj. EBITDA rose 43% YoY to AED 536 million. The standout performance was driven by higher …
Khaled bin Mohamed bin Zayed inaugurates expansion of Al Falah housing project
Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive …
MGM Resorts CEO Thinks Dubai or Abu Dhabi Might OK Gaming This Year
Jumeirah Beach MGM Resort in Dubai is being developed by MGM Hospitality and Wasl Asset Management Group near Burj Al Arab Source: MGM Resorts.
Inside I’m A Celebrity star Amir Khan’s impressive property portfolio including Dubai holiday home and modest bungalow
I’M A Celebrity South Africa star Amir Khan has splashed the cash on homes in Dubai and the UK for him and his family. The Bolton boxer – who famously dropped £1million on his wedding …
Dubai villas and apartments record strong capital gains in first quarter
Villas and apartments in Dubai recorded strong annual capital gains in the first quarter of 2023 as the emirate’s property sector continues to rebound from the coronavirus pandemic. Villas, which …
Dubai Land Department simplifies unit Registration Processes by signing agreement with DAMAC Properties
DAMAC Properties becomes the first developer in Dubai to sign a new registrations process with the Dubai Land Department that simplifies the registration of all sales transactions directly. An …
Dubai registered record 11,597 real estate sales last month
Dubai real estate market saw record monthly and quarterly sales deals complete last month Dubai registered record 11,597 real estate sales last month Dubai, Dubai real estate Real Estate …
Sheikh Mansour is worth £17billion, the Man City owner boasts a mega yacht worth £400m, and is pals with Leo DiCaprio
SHEIKH Mansour hasn’t a worry in the world… The Manchester City owner has amassed a £17 billion fortune, mainly thanks to his booming International Petroleum Investment Company.
Wynn Resorts bets big with $3.9B development in UAE
The Las Vegas company’s 1,500-unit, $3.9 billion integrated resort in the United Arab Emirates will have the only casino and a 1,000-foot tower.