Dubai Sports City witnessed the largest price decline, falling from AED692 per sqft to AED670 per sqft, followed by Discovery Gardens where prices decreased from AED576 to AED558 per sqft. Read: UAE: …
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Dubai’s Emaar Slashes Salaries by Up to 50% Amid Pandemic
Follow us @middleeast for more news on the region. Emaar Properties PJSC, Dubai’s largest publicly-traded developer, cut executive and staff salaries across its businesses as the coronavirus …
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Allsopp & Alsopp Q1 Report 2020- Very strong start to Dubai’s real estate
Business has certainly not continued as usual, the last week of March and the start of April in particular, but the figures we are reporting are proof that the property market in Dubai had a very …
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Dubai’s Emaar suspends construction projects due to virus – sources
Emaar Properties , the largest listed developer in the United Arab Emirates, has suspended work on major projects in Dubai, sources familiar with the matter said, as the coronavirus pandemic …
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Luxury Dubai property prices edge upwards in Q2
Luxury property prices in Dubai registered their first rise for years during the second quarter of 2019, according to new research by Knight Frank. Prime residential values rose by 0.3 percent in the …
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Reportage Properties To Deliver 5 Projects In Next 3 Years
Reportage Properties, Abu Dhabi-based leading real estate developer, revealed that it is ready to hand over five new developments in Abu Dhabi within two to three years. “The five projects offer more …
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Reckless driver made to clean Abu Dhabi street
Image Credit: Courtesy: Abu Dhabi Police Abu Dhabi: An Emirati youth arrested for reckless driving and damaging public property was sentenced to community service by the Abu Dhabi Police.
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Revealed: how far UAE property prices have fallen so far in 2019
Dubai apartment sale prices in the first half of 2019 are 3.9 percent cheaper than six months ago, according to new data. The Property Finder Trends report showed that apartments for sale fared worse …
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Bloom Properties begins handover of park view apartments on Saadiyat
Abu Dhabi-UAE: Leading real estate developer Bloom Properties announced today that it has begun the handover of units to owners at the prestigious Park View development on Saadiyat Island. The …
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Imkan eyes Egypt expansion with second major project
Imkan Properties, an Abu Dhabi-based developer, is boosting its portfolio of investment in Egypt with plans for a second major development as it begins handing over units from its Dh15 billion …
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China’s appetite for Dubai properties is increasing
Looking at an overview of the global real estate market in the past eight years, the strong purchasing power of mainland Chinese investors has led to healthy investment flow into countries, such as …
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China’s appetite for Dubai property grows amid strengthening of Sino-UAE ties
Downtown Dubai, The Greens and International City are ranked as top three areas for investment Downtown Dubai, Greens, and International City are the top three most popular areas for Chinese investors …
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China’s appetite for Dubai property grows amid strengthening of UAE-China ties
Downtown Dubai, The Greens and International City are ranked as top three areas for investment Downtown Dubai, Greens, and International City are the top three most popular areas for Chinese investors …
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Nearly 21,000 properties completed in Dubai during H1
Developers are completing construction and handing over projects with speed ahead of Expo 2020 Dubai despite a sustained correction in prices, according to new research. The Property Finder Trends …
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Video: Abu Dhabi’s freehold law explained
Abu Dhabi government announced a new freehold law that allows foreigners to own freehold property in designated zones. As with most of the real estate regulation amendments we’ve seen within the …
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Dubai developer Damac Properties, contractor Arabtec Q2 profits drop
Dubai property developer Damac Properties reported a nearly 87 per cent drop in second-quarter net profit on Wednesday, hurt by the emirate’s slumping property market. Damac, owner and operator …
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Selling your property in the UK? Beware of the tax traps
Plenty of individuals and companies in the UAE own UK property. Some British residents will have kept their homes when they relocated to the UAE, properties they then rented out full-time or …
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