Tag: property

DUBAI: Dubai developer Damac Properties on Wednesday reported a 20.24 percent fall in third-quarter profit, its third consecutive earnings decline, caused by a steep rise in cost of sales. Profit for the three-month stretch to September was at Dh719.34 …
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(MENAFN – Khaleej Times) All the action in the Dubai property sector is transpiring in the under-Dh1 million price market. Not only does this signify an effort by developers to tap the mid-income market segment but also the willingness of banks to finance …
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DUBAI, Oct 18 (Reuters) – Shares in Dubai real estate developers may be in focus on Wednesday after two firms reported lower third-quarter earnings, reflecting continued pressure on the Dubai property market. Dubai’s DAMAC Properties posted a 20 percent …
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Dubai’s Damac Properties, the owner and operator of the only Trump-branded golf club in the Middle East, reported a third consecutive profit decline on Wednesday as costs of sales rose. The developer’s profit fell 20 per cent in the July-September …
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RELATED ARTICLES: Damac Properties sells out Phase 1 of Just Cavalli villas | Construction of Damac’s Dubai South hotel 90% complete | Damac Properties nears $1bn mark with 2017 contract awards Dubai’s Damac Properties announced net profit worth $626m …
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Dubai Land Department, will hold the third edition of the Dubai Property Show in Mumbai, from November 3-5, 2017 at Bandra-Kurla Complex and will feature a diverse range of properties, from residential and commercial, to land Following an encouraging …
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The real estate sector rose 2.15%, pushed up by Aldar Properties and Eshraq, with 2.88% and 1.28%, respectively. Finance House’s stock hiked 12.5% at close, after initial losses in early trading. Abu Dhabi Commercial Bank also rose 1.23%, pushing up the …
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Dubai’s residential sales market saw a minor dip in prices in the third quarter of the year, with sale values down by around 1 per cent, according to the latest report from real estate consultancy CBRE. However, transactions have seen a rise. As per data …
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Emirates Intellectual Property Association said it has joined forces with Dubai Government Excellence Program to promote innovation and intellectual property rights protection in the UAE. The duo has recommended creation of intellectual property …
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(MENAFN – Khaleej Times) Pakistan Property Show, lining up more than 50 exhibitors showcasing a wide array of realty investment options, will be held at Za’abeel Hall 5 of the Dubai World Trade Centre on October 20-21. The show will provide overseas …
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How did you end up in the UAE? I originally came to the Middle East following my … Most of my savings are in property investments abroad. I set these up when I had a more regular salary, as a buffer, before I took creativity on as a career.
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A separate luxury residential report covering the third quarter by Luxhabitat, a high-end property brokerage in Dubai, revealed that despite underperformance of the secondary prime residential market, the average price per square foot for high-end homes …
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Union Properties, the Dubai developer, has plans for its first project in Abu Dhabi, according to UAE state news agency WAM. Al Dhafra Beach, which overlooks the Arabian Gulf, is set to be a multi-use residential project with a total area of around three …
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Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate, is offering free yoga classes at Marasi Business Bay, starting from 20 October 2017. One of the few fitness disciplines that holistically …
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The Dubai real estate market is one of the most attractive and reliable markets in the world, with AED151 billion ($41 billion) invested by 217 nationalities in the sector between January 2016 and June 2017. That market attracts investors from all over the …
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The Dubai Land Department (DLD) is showcasing state-of-the-art technologies at Gitex Technology Week to reflect its achievements in the real estate sector. During the event, DLD displayed a 6×2 metre flip-dot screen for the first time, which provided an …
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Pakistanis invested a whopping $8 billion in Dubai’s property market in the last four years, the National Assembly’s Standing Committee on Finance was informed by the Federal Board of Revenue (FBR). The FBR, however, has so far failed to determine names of …
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