Tag: property

Property prices and rents continue to fall moderately in Dubai with the latest analysis report projecting a further softening of the residential real estate markets in the months ahead. In the first quarter of 2017, quarterly apartment lease rates fell by …
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It does seem surreal for boundless vistas of desert to co-exist with some of the planet’s most magnificent property and man-made waterways. To its credit, Dubai has made this seem less like a paradox. This megapolis of 2.7 million people is rapidly growing …
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It does seem surreal for boundless vistas of desert to co-exist with some of the planet’s most magnificent property and man-made waterways. To its credit, Dubai has made this seem less like a paradox. This megapolis of 2.7 million people is rapidly growing …
( read original story …)

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Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a small drop in first quarter profit on Tuesday but beat analysts forecast. Aldar made a net profit attributable to shareholders of Dhs637m ($174m) in the three …
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ABU DHABI May 9 Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a small drop in first quarter profit on Tuesday but beat analysts forecast. Aldar made a net profit attributable to shareholders of 637.0 million …
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Dubai: Aldar Properties pulled out higher revenues (up 28 per cent to Dh1.58 billion) and gross profit (a gain of 39 per cent to Dh753 million) for the first three months of 2017, in a performance markedly different from the slowdown in Abu Dhabi’s …
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Aldar Properties, a leading property development company in Abu Dhabi, UAE, has reported a 39 per cent increase in its gross profit for the first quarter ended March 31, 2017, which surged to Dh753 million ($205 million) from Dh542 million ($148 million …
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Real-estate master developer Dubai Properties (DP) has announced that SEIDCO General Contractor is to work on the Bellevue Towers residential development. The contract is worth more than AED200 million ($55 million), according to a statement by the developer.
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Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has appointed Trojan General Contracting as the main contractor for the first three precincts of its flagship development on Yas Island …
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The real estate market in the Capital is down and prices will decline further this year, experts said during the real estate market exhibition Cityscape in Abu Dhabi. According to property consultants Cluttons, the market is in depression. Cluttons Abu …
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Abu Dhabi developer Aldar Properties has signed a partnership agreement with conglomerate Al Fahim Group to develop a new Mercedes-Benz and AMG showroom and express service centre in Yas Island. The new 5,900 sqm showroom will be located within Aldar’s …
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New figures coming from Abu Dhabi are promising and are indicative of renewed investor interest in the emirate’s construction and real estate sector. Cityscape Abu Dhabi, the biggest property show in the UAE capital has seen a 10 per cent year on year …
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Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has signed a partnership agreement with Al Fahim Group, one of the region’s most successful leading family conglomerates, to bring the world’s first …
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According to a new survey, 13 per cent of the UAE’s residents have plans to invest in property overseas in the next year. The annual YouGov survey conducted by IP Global, a property investment company named North America, UK, Germany and Australia the …
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While there are ups and downs in the global real estate market, Dubai remains right at the top and these 7 factors make it a heaven for the international property investors. One of the biggest benefits of buying a property in Dubai is that the economy of …
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Amid all the buzz on affordable housing, Dubai’s luxury property seems to be holding its own. And there are ample takers for higher priced properties in Dubai as well. In the first three months of 2017, transactions of Dh1 million and more made up 64 per …
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Taj Hotels Resorts and Palaces will be opening a Taj hotel in Dubai’s Palm Jumeirah, marking its third landfall in the city, with its existing Taj hotel in Downtown Dubai and upcoming Jumeirah Lakes Towers (JLT) Vivanta by Taj property, Taj Dubai general …
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