Tag: property

Abu Dhab: HSBC on Tuesday launched home loans for select properties in Abu Dhabi in response to increased demand from customers. Eligible prospective home buyers interested in the Abu Dhabi market will be able to secure home finance with HSBC for completed …
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Leading Chinese real estate group has opened its regional office in Dubai, UAE. The launch of the company’s 8000-sq-ft unit at Emaar Square Downtown, coincides with its prominent participation in Dubai Expo 2020. With this move, Fidu has now officially …
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Off-plan sales played a large role in pushing Dubai’s overall property transactions to a whopping Dh258 billion in 2017, a 10 per cent increase from the previous year. But as we approach the middle of 2018, amidst the launch of several new off-plan …
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UAE. Over the last 6-12 months there has been a reversal of trends from off-plan to ready units as money flows switch from the former to the latter. There has been a slump in off-plan sales, while ready transactions remain relatively stable. This …
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Many parts of Dubai have seen a decline in residential property prices over the last year and the luxury segment was no exception, with prime property prices falling 3.3 per cent last year, according to Knight Frank’s Prime International Residential Index.
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Abu Dhabi’s largest developer Aldar Properties reported a 5 per cent rise in first-quarter profit on Tuesday, beating analysts’ forecasts but mostly due to revenue from a stake sale. The property market in United Arab Emirates remains under pressure as …
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ABU DHABI, May 15 (Reuters) – Abu Dhabi’s largest developer Aldar Properties reported a 5 percent rise in first-quarter profit on Tuesday, beating analysts’ forecasts but mostly due to revenue from a stake sale. The property market in United Arab …
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Dubai’s Damac Properties , owner and operator of the only Trump-branded golf club in the Middle East, posted a 45 per cent drop in first-quarter profit from a year earlier although profit rose marginally from the previous quarter. The results came as …
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Dubai matters. The city pulled in the second highest number of international brands (59) after Hong Kong (86) in 2017 and ahead of Taipei (52) and London (49), according to the latest rankings from CBRE, the property consultancy. In 2016, Dubai had …
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In the recent past, this has manifested itself in the form of Dubai Properties’ 1/JBR, Meraas’ Bluewaters Island and Nikki Beach, Sobha Group’s District One and Hartland in MBR City, and the most recent Tilal Al Ghaf announced by the Majid Al Futtaim …
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Eshraq Properties (Eshraq), an Abu Dhabi-based real estate company, has achieved a net profit of Dh7.75 million ($2.2 million) for the first quarter compared to a net loss of Dh950,000 ($258600) for the same period last year. The real estate company listed …
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Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has concluded its successful business trip to Jordan. During the visit, which was led by CEO of DREI Mahmoud El Burai, the delegation met senior officials from a number …
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Dubai Properties’ flagship project 1/JBR, taking shape on one of the final plots of land in the sought-after Jumeirah Beach Residence (JBR) district, is on track for a timely handover in Q4 2019. Bearing the distinction of being the only residential …
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The Egypt Property Show ended on a successful note in Dubai, registering a sharp jump in property sales which soared to $110 million, more than 100 per cent over last year’s returns. The event, inaugurated by Egypt Ambassador to the UAE, Wael Gad and …
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Tamirisa said property market weakness was having a significant economic impact and authorities needed to monitor this carefully. Average rents sank 10.2 per cent in Abu Dhabi in 2017 and 5.2 per cent in Dubai, according to the central bank. Read …
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RELATED ARTICLES: Is downsizing the answer to Dubai’s affordable housing needs? | Has Dubai’s property market finally stabilised? | KSA-UAE agreement to develop Saudi real estate ‘hotspots’ In 2018, we have so far witnessed ready transactions rising by …
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Approximately 2,431 female investors participated in 2,780 transactions and invested AED4.4 billion in the Dubai property market in the first three months of 2018, the Khaleej Times reported. It suggests that real estate investment in the United Arab …
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