Aldar scores high on Q1-17 revenue and gross profit gains

Dubai: Aldar Properties pulled out higher revenues (up 28 per cent to Dh1.58 billion) and gross profit (a gain of 39 per cent to Dh753 million) for the first three months of 2017, in a performance markedly different from the slowdown in Abu Dhabi’s ... ( read original story ...)

Aldar Properties profit surges 39pc in Q1

Aldar Properties, a leading property development company in Abu Dhabi, UAE, has reported a 39 per cent increase in its gross profit for the first quarter ended March 31, 2017, which surged to Dh753 million ($205 million) from Dh542 million ($148 million ... ( read original story ...)

Dubai Properties awards $55m contract for Bellevue Towers

Real-estate master developer Dubai Properties (DP) has announced that SEIDCO General Contractor is to work on the Bellevue Towers residential development. The contract is worth more than AED200 million ($55 million), according to a statement by the developer. ( read original story ...)

Aldar awards AED 1.7 Billion development contract for Yas Acres

Aldar Properties PJSC (‘Aldar’), Abu Dhabi's leading listed property development, investment and management company, has appointed Trojan General Contracting as the main contractor for the first three precincts of its flagship development on Yas Island ... ( read original story ...)

Abu Dhabi housing market consolidates

The real estate market in the Capital is down and prices will decline further this year, experts said during the real estate market exhibition Cityscape in Abu Dhabi. According to property consultants Cluttons, the market is in depression. Cluttons Abu ... ( read original story ...)

5 popular destinations for UAE property investors

According to a new survey, 13 per cent of the UAE’s residents have plans to invest in property overseas in the next year. The annual YouGov survey conducted by IP Global, a property investment company named North America, UK, Germany and Australia the ... ( read original story ...)