Nakheel, etisalat by e& ink MoU, here’s how it will help new and old residents
Master developer Nakheel has signed a memorandum of understanding (MoU) with etisalat by e&, the telecom arm of e& in the UAE. As part of the agreement, Nakheel will contact […]
Dubai rents to rise further in 2023 due to strong demand, limited supply
Property investors in Dubai can expect higher rental yields this year due to supply constraints and strong demand, according to a new report from Better homes. The real […]
Dubai’s TECOM expands property portfolio with new $120mln investment
Dubai-listed business park operator TECOM Group is expanding its commercial real estate portfolio with an investment of AED 442 million ($120 million). The company said on Monday it has just […]
Union Properties launches $436mln new project in Dubai Motor City
Financially troubled Dubai developer Union Properties, which completed a debt restructuring earlier this year, has launched a new project valued at around 1.6 billion dirhams ($436 million), its first new […]
Dubai records over $490mln in realty transactions on Monday
Dubai real estate market recorded 482 sales transactions worth AED1.19 billion, in addition 136 mortgage deals of AED580.36 million, and 14 gift deals amounting to AED38.09 million on Monday, […]
Dubai’s branded residences now rival those in Miami, New York: Knight Frank
A bevy of new luxury properties being brought to the market has made Dubai a global leader in the branded residences market that now rivals favourites of the wealthy like […]
Emaar Development’s profits up 34% in Q1-22
Emaar Development has recorded net profits attributable to the owners worth AED 1.05 billion during the first quarter (Q1) of 2022, an annual leap of 34% from AED 780.89 […]
Emaar Properties’ profits surge 241% in Q1-22
The unaudited interim consolidated financials of Emaar Properties reported a 241% surge in net profits attributable to the owners to AED 2.23 billion in the first quarter (Q1) […]