According to Property Finder’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle
The two-day forum brings together the real estate supply chain operating in Qatar under one roof
The world’s wealthy have been increasingly targeting Dubai’s luxurious homes, primarily situated in the city’s most desirable districts
This is the sixth tranche under SRC’s upsized SAR20bn sukuk programme
This code enables visitors and guests to conveniently scan it and access essential information about the operator of the holiday home and the relevant contact details for the Department of Economy and Tourism
Through this transaction, which is valued at Dhs150m, Aldar will hold a majority stake of 75 per cent in Basatin with the remaining 25 per cent held by a strategic partner
Housing loans for 2,000 Emiratis were approved under the Sheikh Zayed Housing Programme
The new housing projects, which are located in West Baniyas and Al Samha, include 1,742 residential villas for citizens
Proceeds of the sukuk will be used in accordance with Aldar’s Green Finance Framework to finance green initiatives and acquisitions
Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global
The company achieved a robust revenue increase of 50 per cent versus Q1 2022, reaching Dhs15.7bn during Q1 2023
Emaar’s group property sales reached Dhs9.2bn, an 11 per cent increase compared to Q1 2022
The initiative is aimed at encouraging the testing and commercialisation of new and innovative products and technologies in Dubai
The property developer’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year
The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector
The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years
The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates
The company has appointed Michael Zager as its new chief operating officer – Hospitality
The developer shares the same vision as the authorities in Saudi Arabia and the company plans to open an office in Riyadh in Q4 2023
The buyer, who doesn’t live in the UAE, is planning to build a family vacation home on the property
The sector maintained its high growth momentum recording 38,700 transactions
The property developer plans to continue making healthy investments in its workforce while attracting top global talent to foster more inclusive growth
Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers
The city remains a lucrative luxury property market, where proactive government policy are fuelling demand from buyers and investors alike
The luxury property market has shown no signs of slowing since it surged in 2021
Occupancy across the REIT’s portfolio increased to 85 per cent, reflecting a 13 percentage point increase year-on-year
The rise represents an 8.4 per cent year-on-year increase, and an average annual increase of 13.7 per cent over the last five years
Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment
Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026
The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades