The heirs of a man who had registered his company and other properties – worth Dh170 million – in the name of his sponsor and partner, have won the battle over the rights to their relative’s inheritance. The Abu Dhabi Cassation Court has cancelled earlier …
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Dubai’s Emaar Properties to raise $1.3bn in development unit IPO
Emaar Development, a unit of Dubai property firm Emaar Properties, priced its initial public offering below the mid-point of an indicative price range, valuing the deal at $1.31bn in Dubai’s first major IPO in three years. The assets of Emaar Development …
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Gemini Property Developers’ Sudhakar Rao Gets Real Estate Tycoon Award From DLD
… Gemini Property Developers Mr. Sudhakar Rao has been recognised and honoured with the prestigious Real Estate Tycoon Inspiring Developer Award by Dubai Land Department, at the Taj Mahal Hotel in Mumbai during the Dubai Property Show Mumbai 2017.
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Mumbai’s Dubai Property Show brings $490m worth of inquiries
RELATED ARTICLES: DLD issues 8,500 real estate permits in 12 months | DLD holds first Gulf real estate awards | DLD and Nasdaq Dubai sign real estate listings MoU Dubai Land Department’s Dubai Property Show in Mumbai has generated inquiries worth $490m …
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Is UAE property development getting out of hand?
It seems that the property market is buoyed by the fact that Expo 2020 is just around the corner; and Dubai has shown itself resilient and not perturbed by any geo-political or economic conflicts around it. Surely market intelligence has been the key …
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Dubai Investment : Mumbai’s Dubai Property Show brings $490m worth of inquiries
Dubai Land Department’s Dubai Property Show in Mumbai has generated inquiries worth $490m (AED1.8bn) in its third edition held earlier this month. The third edition of Dubai Property Show in Mumbai concluded in India this week recording visitor footfall of …
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Dubai property market in perspective
Values across Dubai’s residential investment areas continued to moderate during Q2 2017, dipping by an average of 1.5%. This leaves the annual rate of change at -5.8% and marks the 12th consecutive quarter of price declines, during which time prices have …
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Inside the Louvre Abu Dhabi with architect Jean Nouvel
It cost millions, glitters in the sunlight and has its own island. Caroline Roux visits the new Louvre Abu Dhabi and sees the world in a new light. Last Tuesday, on a newly constructed island in Abu Dhabi, the French architect Jean Nouvel was not an …
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Abu Dhabi’s Aldar Properties appoints new chairman, CEO
RELATED ARTICLES: UAE’s Aldar awards $203m contract for The Bridges on Reem Island | UAE’s Aldar to showcase projects at property event in Riyadh | Phase 1 of Aldar’s $653m Abu Dhabi project sells out in three days Aldar Properties has announced …
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Aldar Properties : Abu Dhabi’s Aldar names new chairman, CEO
Aldar Properties, the Abu Dhabi-based property development company, has named a new chairman and CEO. The decision was made at the November 12, 2017 board meeting, where the directors of the company appointed Mohamed Khalifa Al Mubarak as chairman.
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Abu Dhabi’s Aldar Proprties’ Q3 net profit drop by almost a fifth
DUBAI, Nov 13 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a nearly 20 percent decline in third-quarter profit. The results come against a backdrop of a slowing economy and property market in the oil …
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Abu Dhabi’s Aldar reports 18.45% dip in Q3 profit
Abu Dhabi developer Aldar Properties has reported an 18.45 per cent decline in third quarter profit year-on-year. The company’s net profit declined from Dhs737m ($200m) in Q3 of last year to Dhs601m ($163.6m) in Q3 of 2017. Revenue was also down 27 per …
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Abu Dhabi’s Aldar posts Q3 net profit of $163m
Aldar Properties on Monday reported a third quarter net profit of AED601 million ($163.6 million) on revenue of nearly AED1.4 billion ($380 million). The Abu Dhabi-based developer said year-on-year revenue growth was 27 percent but did not provide a …
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Aldar Properties Delivers Strong Underlying Performance In Q3 2017
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the third quarter of 2017, which show a strong underlying performance across the business.
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Aldar Properties Announces Board And Management Changes
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, is delighted to announce two important appointments. At yesterday’s Board meeting, the Directors of the Company appointed His …
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Dubai property giant Emaar profits surge on high sales
Dubai construction giant Emaar Properties posted a sharp rise in third quarter profits Sunday as residential sales in the glitzy emirate gathered steam. Dubai has started recovering from a three year downturn after a 2014 oil price crash slammed the Gulf …
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Sheikh Mohammed amends law on Interim Property Registration in Dubai
In his capacity as Ruler of Dubai, the UAE’s Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. (19) of 2017 partially amending Law No. (13) of 2008 on Interim Property Registration in Dubai.
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