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How Dubai’s commercial property market is at an inflection point

Demand is starting to outstrip supply within the emirate’s commercial property space

Real estate: How buyers must adopt a longer-term approach

Investors rushing to buy off-plan properties in Dubai must avoid focusing on the short-term market trends

Dubai’s property market soars with Jan-Nov 2021 sales figures highest since 2014

The value of real estate sales transactions for the first 11 months of the year is 88.39 per cent more than 2020 as a whole

Is now a good time to enter or exit Dubai’s real estate market?

With prices of villas and townhouses rising in Dubai, what counts for a good move?

Revealed: Winners at the 2021 Gulf Business Awards

The awards lauded luminaries from across the region’s business ecosystem

Cover story: President of Dubai’s Property Finder on why it aims to be more than just a real estate platform

Here’s how the former Facebook and Google executive, Ari Kesisoglu, is bringing that plan to life

Downtown Dubai

UAE’s Emaar Development reports net profit of Dhs2.38bn for first nine months of 2021

It reported its highest ever property sales of Dhs20.94bn over the same period

Dubai developer Union Properties’ chairman detained amid probe

Last month, the UAE attorney general announced a “major” investigation into alleged financial violations at the company

International investors boosting Dubai property market, say developers at Cityscape

During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai

Sharjah UAE

Sharjah records Dhs5.7bn in real estate transactions for Q3 2021

The total volume of area circulated in sales transactions amounted to around 16.5 million sq ft

Emaar Malls

Dubai’s Emaar Malls records nine month net profit of Dhs1.07bn, up 82% y-on-y

Its revenue for the first nine months of 2021 was reported at Dhs3.191bn, up 28 per cent over the corresponding period last year

MENA’s proptech landscape: Primed for growth?

The evolving landscape will soon change the way adopting an innovative digital business model in the real estate market is viewed

Biggest Abu Dhabi developer is shopping for large property deals

The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE

Dubai’s Nakheel launches new Jebel Ali Village

The first phase of four- and five-bedroom villas will be on sale from Sunday, November 7

New Arcapita venture to invest $2bn in US warehouses

The goal is to grow the portfolio to as much as $2bn in gross asset value across the top 25 US industrial markets

Sajwani’s Maple extends offer to acquire 100% of Damac Properties

Arqaam Capital is acting as receiving agent with respect to the offer

Dubai’s Danube Properties announces launch of Dhs475m Skyz Tower

The residential project will be developed at Arjan, close to Miracle Gardens

Dubai reports 68% y-on-y increase in mortgage transactions for Q1-Q3 2021

Villas proved more popular than apartments for mortgage purchases

UAE launches ‘major investigation’ into Dubai developer Union Properties

The Public Prosecution is investigating allegations of financial violations committed by chairman Khalifa Hassan Al Hammadi as well as other senior executives

Dubai’s Union Properties says arbitration claims by its subsidiary has reached Dhs3.5bn

The arbitral tribunal is expected to issue its decisions on a number of the claims in the second quarter of 2022

Saudi’s Dar Al Arkan and Katara Hospitality join hands to develop sea-front project in Qatar

The project marks Dar Al Arkan’s first entry into Qatar with the aim of driving the development of the luxury property market

Dubai South The Avenue

Dubai South launches new freehold development project called The Avenue

Plots in The Avenue will vary in size from 30,000-55,000 square feet

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Sheikh Hamdan approves digital platform for Emirati housing programme in Dubai

The Dubai Crown Prince also approved prioritising allocation of residential land plots and housing units to first-degree family members in the same residential area

Dubai: The Sustainable City unveils world’s first net zero carbon building

The building will be home to SEE Institute

Dubai real estate transactions cross Dhs100bn mark during Jan-Sep this year

The month of September recorded 5,762 sales transactions worth Dhs16.2bn

Sharjah’s Arada begins work on second phase of Madar at Aljada

Dubai-based Proscape won the first construction contract for this phase

How will Expo 2020 Dubai impact the local real estate market and shape future trends?

Developers need to understand the changing demands of potential investors and organisations

Abu Dhabi

Abu Dhabi real estate transactions reach Dhs23.5bn in H1 2021

It included 3,425 real estate sales transactions worth Dhs9.02bn, and 3,621 mortgage transactions valued at Dhs14.55bn

UAE’s Nomad Homes raises $20m Series A round to accelerate expansion

The company will continue to invest in its technology and offer additional products and services

Dubai’s Samana Developers launches 3 ESG-inspired projects worth Dhs405m

Sales for the Park Views project will begin on October 6, 2021