Dubai recorded almost $1.1bn of property transactions in one day Dubai records more than $1bn real estate deals on Thursday Dubai, Dubai Land Department, Dubai real estate Real Estate …
Aldar Properties’ full-year profit up 27% as revenues grow
Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 27 per cent surge in its full-year profit as revenue increased on the back of strong growth in property sales. Net profit …
UAE sees $3.3bn off-plan real estate sales in January
The UAE’s off-plan real sector recorded the strongest performance last month, with 5,000 off-plan transactions and a 90% year-on-year from January, 2022. UAE sees $3.3bn off-plan real estate sales in …
Abu Dhabi’s Aldar Properties Q4 net profit jumps 28% on strong demand
The UAE developer Aldar Properties posted a Q4-2022 net profit of 1 billion dirhams ($272 million), up 28% year-on-year and beating estimates by a wide margin. For the full year 2022 the net profit …
Aldar Properties’ full-year profit jumps 27% on revenue boost
Aldar Properties, Abu Dhabi’s biggest listed developer, reported a 27 per cent surge in its full-year profit on the back of higher revenue and rental income. Net profit attributable to owners of the …
UAE Property: ‘Can my landlord decide how much to raise the rent?’
The landlord is defiant and wants me to vacate the property as he claims to be receiving many inquiries from people interested in leasing the property for a higher rent. Initially …
Dubai rents increase by up to 20%; where to find affordable homes
Dubai resident N.A. has just been given an annual rent increase notification of Dh14,000. The expat, who has been staying at the same three-bedroom apartment in the Zaabeel area for the last 10 years, …
Andrew Tate’s £5m Bugatti he used to taunt Greta Thunberg & £20m villa in Dubai to be seized by cops, says prosecutors
ANDREW Tate’s prized £5million Bugatti supercar and his £20million villa are set to be seized by cops, prosecutors have said. Romanian cops are going after the two pricey assets as they …
Dubai: Apartment sold for highest price per square foot in city’s history
The emirate’s luxury property has seen unprecedented demand after the pandemic, driven by the inflow of high-net-worth individuals from across the globe …
Sheikh Mohammed bin Rashid reflects on ‘unprecedented’ UAE property boom
Our foreign trade is accelerating and our international economic relations are growing,” Sheikh Mohammed said on Twitter. “The investment in tourism and demand for UAE real estate is achieving …
Indians bought Dubai properties worth ₹35,500 cr in 2022
A property in Dubai is one of the world’s most sought after real estate assets, and last year India’s richest man Mukesh Ambani bought a Rs 1,350 crore mansion in the city. But he isn’t the first to …
Dubai real estate: Sales transactions record over 128.5% YoY rise in Jan, reveals Property Finder
Off-plan transactions witnessed a remarkable performance, with a 90 per cent YoY increase, said Property Finder …
Five cheapest places to rent a flat in Dubai
Here are the most wallet-friendly neighbourhoods to rent a flat Dubai’s streets aren’t exactly paved with gold, but the city can be very expensive, especially for low-wage earners. This is partly due …
The most luxurious wedding venues to tie the knot in Dubai
Wedding season in Dubai is already and here and this destination continues to remain at the helm of all marital celebrations. From beachfront destinations to ballrooms that exude elegance, the emirate …
How inflation in Dubai will change real estate market in 2023: analysis
Property experts say inflation rates will slow Dubai’s property market boom, but not by much How inflation in Dubai will change real estate market in 2023: analysis CBUAE, Dubai, Dubai real estate, …
Interest rate hike unlikely to hit Dubai real estate market
Residential properties in Dubai may witness a moderate steep in demand due to the increase in the interest rate; The interest rate in the UAE is expected to reach …
Dubai real estate boom continues with $2.6bn of property deals in a week
Dubai real estate deals. The top three land transactions were a plot in Al Wasl sold for AED147.5m ($40.2m), followed by land that was sold for AED112m ($30.5m) in Island 2 and la …