Tag: property

“This initiative aims to provide proper and legal options of residential units befitting the financial means of low-income individuals and at the same time open an investment opportunity to owners of commercial properties in Abu Dhabi Emirate,” said …
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The Abu Dhabi-based property developer Aldar ramped up its marketing spending in the second quarter of the year in an effort to bolster declining revenues and profits. The company posted a 5.6 percent decline in quarter-on-quarter net profit in its results …
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Search volumes for cheap housing are surging in the UAE, leading to an increase in affordable properties to meet demand. While the trend was reported days after the Abu Dhabi Municipality announced an initiative to offer low-income residents cheaper …
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Dubai developer Emaar Properties on Monday announced 15 percent profit growth to $772 million in the first half of 2017, with property sales in the emirate up 22 percent. Property sales in Dubai reached 10.814 billion dirhams ($2.94 billion, 2.5 billion …
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Demand for commercial property space is continuing to fall in the United Arab Emirates as economic growth slows, according to a report published by the Royal Institution of Chartered Surveyors on Sunday. The professional trade body for the surveying …
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LONDON: Commercial property landlords in the UAE have been forced to offer tenants better incentives to stay as occupier demand fell for the seventh consecutive quarter. The claim, made in the latest quarterly report from the Royal Institution of Chartered …
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Dubai Land Department, DLD, has announced that a total of 88 real estate projects have been launched from the beginning of 2016 until H1 2017. In a statement, DLD confirmed that 68 real estate projects were registered during H1 2017, representing a value …
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UBAI: The Dubai Land Department (DLD) on Saturday said that a total of 88 property projects were launched during the first six months of the year. The agency also said that 68 real estate projects were registered with the government, amounting to an …
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Dubai Land Department (DLD) has announced that a total of 88 real estate projects have been launched from the beginning of 2016 until H1 2017. DLD has also confirmed that 68 real estate projects were registered during H1 2017, representing a value of AED …
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Al Habtoor City Hotel Collection has appointed John Farrelly as multi-property director of sales & marketing for St. Regis Dubai, W Dubai – Al Habtoor City and The Westin Dubai, Al Habtoor City. Farrelly joins from his most recent role with Marriott …
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UAE developer Eshraq Properties Company has awarded a contract worth Dhs144m for the main works of its Marina Rise project in Al Reem Island, Abu Dhabi, it announced on Monday. The contract was awarded to Al Sweidi and Shams Contracting, Eshraq said in a …
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… 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% …
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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 …
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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 …
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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 …
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Abu Dhabi has announced plans to provide more accommodation options for lower income groups in the capital as the property market continues to weather tough economic conditions. The Department of Municipal Affairs and Transport at the Abu Dhabi City …
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One of Dubai’s largest real estate brokerages, fm Properties, has topped AED1.3 billion in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah. Firas Al Msaddi, the fm Properties CEO …
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