Lootah Real Estate (LRE) and Dubai South have entered into a joint venture to develop residential units in the Dubai South residential district. The agreement calls for the phased development of approximately 1.1m sq ft of property. “Winning such a …
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Dubai Investments Real Estate signs $300m deal for Mirdif Hills
DUBAI: Dubai Investments Real Estate Company LLC [DIRC] has signed an 1.1 billion dirhams ($300 million) financing deal with First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) for its Mirdif Hills development. Mirdif Hills is being developed …
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Very Spacious 3 Bed Apartment with Dubai Marina View
A 2,875 sq.ft. apartment in Dubai Marina consisting of three bedrooms all en-suite with bathrooms and fitted with walk in wardrobes, now is available for sale. This is an “old school” property where the rooms are very spacious and bright, with proper …
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ENBD Reit acquires school for Dh55 million
ENBD Reit, the Nasdaq Dubai-listed Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management, has acquired South View School in Remraam. South View School will be Interstar Education’s fifth Dubai campus and its second British …
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Dubai South prices set to rise as more developments take shape
Off-plan sales in the first seven months of the year in Dubai South increased 285 per cent, compared with the whole of last year, property analysts Reidin said in a report. “We opine that off-plan sales will continue to rise as the community gears up for …
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What are a tenant’s rights after a residential fire?
In the UAE, the responsibilities of the property owner and the property developer are mostly poorly understood, and the tenants expect to be covered by the insurance policy held by either the property owner or of the property developer. Generally …
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Dubai billionaires and billion-dollar promises
… are well-known for their billion-dollar investments in luxury real estate projects in Dubai, but many of them have not been successful in the Vietnamese property market. Bitexco, a big Vietnamese real estate developer, has confirmed that Emaar …
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MIDEAST STOCKS-Saudi and Dubai trade sideways, Qatar underperforms
DUBAI, Aug 6 (Reuters) – Stock markets in Saudi Arabia and … citing a decrease in residential sales and higher financial charges. Al Andalus Property edged down 0.5 percent. It reported second-quarter net profit of 27.6 million riyals, up 11 percent …
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Panic stirs as Dubai 78-story residential building catches fire
Fire incidents have happened several times in Dubai’s high rise buildings in recent years, pushing insurance costs higher for apartments and property in general in the Gulf Arab sheikhdom. DUBAI, Aug. 6 (Xinhua) — A blaze was reported early Sunday in the …
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Female Real Estate Broker – Venture Horizon Real Estate Brokers LLC – Dubai Jobs
Venture Horizon Real Estate is specialized in the sale of residential villas within the prestigious areas of Dubai and we provide an unrivalled professional, transparent and personalized service to all our clients. We are now expanding and are looking for …
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ENBD REIT Acquires First Education Asset In Dubai
ENBD REIT (CEIC) Limited (“ENBD REIT”), the Nasdaq Dubai-listed Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, announces that it has acquired South View School in Dubai’s Remraam Community. South View …
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Dubai Torch Tower blaze puts (re)insurers on watch
(Re)insurers are set to be hit with more claims from skyscraper fires in Dubai after the Torch Tower caught fire yesterday … causing damage to both the property and vehicles in the vicinity. The tower was fully evacuated during the incident and no …
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Dubai excites tourists with new offerings
Al Bandar Rotana and Al Bandar Arjaan by Rotana is another new addition to Dubai. Offering 190 luxurious rooms and suites, this modern and elegantly designed five-star property will provide individual experiences tailored for businesspeople, couples and …
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On The Market: 1 Bed Apartment in Jumeirah Village Circle
A 1 bed apartment in Jumeirah Village circle is a popular choice amongst expatriates in Dubai, because the district is home of newly built residential buildings that offer comfortable homes with convenient recreational facilities. If the featured property …
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Blaze rips through Dubai skyscraper The Torch
Dubai first became a magnet for property investments when it opened the sector to foreigners in 2002, standing out in a region that largely confines freehold ownership to citizens. The value of property surged at breakneck speed until the global financial …
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On The Market: High Floor 2 Bed Apartment in Dubai Marina
A colorfully decorated 2 bed apartment in Dubai Marina has come up on the market for sale. The property is located on a high floor in the prestigious Elite Residence tower, situated at the beginning of the most popular in Dubai residential district.
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UAE’s Aldar reports 5% growth in gross profit for H1 2017
… Aldar on track with Reem Island projects | Aldar reports net profit of $174.5m for Q1 2017 Abu Dhabi-headquartered developer, Aldaar Properties, has released its financial results for the first half of 2017. The company announced that its gross profit …
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