The group announced a net profit of Dhs2.13bn for the nine-month period, ending September 30, registering a 38 per cent year-on-year growth
Occupancy levels for its commercial and industrial assets were 83.5 per cent, registering the third sequential growth and a significant increase from the previous year
The announcement follows the launch of the Saudi Egyptian Investment Company in August
From next Tuesday, there will be no shareholding limit for non-UAE nationals
Bayfront will be located on the northern part of Al-Khobar’s beach, spanning over 100,000 square metres from the shore with a 1,600-square-metre island
Projects will be developed in the cities of Al-Madinah, Al-Khobar, Al-Ahsa, Buraidah, Najran, Jizan, Hail, Al-Baha, Arar, Taif, Dumat Al-Jandal, and Tabuk
Casa Del Sole, still partially under construction, will be completed in early 2023 and is set to have eight bedrooms
Nakheel has also confirmed that the Palm Jebel Ali master plan is being revisited, with further details to be revealed in due course
The MoU signed by the entities will allow business councils and groups under Dubai Chambers to own and rent real estate and offices in the emirate
As per the new rules by Dubai Land Department, owners, developers, property management companies and tenants must follow an eight-step process
A special resolution to remove the minimum contribution of UAE and GCC nationals in the company was also passed
Danube Properties has joined hands with 11 social media influencers to deliver the message of why Dubai is an ideal destination to live and work in
With a gross leasable area of 81,500 square metres and 3,500 car park spaces, the mall will offer shoppers a broad mix of popular brands
The villa has an enclosed area of over 19,240 square feet and is designed by internationally renowned, award-winning architect Emre Arolat
In this exclusive interview, Naghmeh Sheikholeslami speaks of resilience, prioritising customers and Dubai’s evolving real estate landscape
Work is underway on-site to develop the destination, with more than 2,400 staff already on site and 9.9 million manhours logged to date
The company aims to build a comprehensive real estate registration database, covering data of property units across the kingdom
Spark Security works with organisations operating in a wide range of sectors, including infrastructure, banking, healthcare and hospitality
The company plans to invest the new capital in advancing its product and technology, upscaling its brand, and expanding operations across the region
Among the buildings that are serviced within Empower’s portfolio, the residential sector tops the list of the company’s clients with 64 per cent
The developer has also recommended to increase the company’s share capital to Dhs8.838bn
The homes at Yas Park Gate are designed to achieve a two-pearl rating, as per the UAE’s Estidama sustainability rating system
The five-bedroom triplex penthouse on Palm Jumeirah is 25,208 square feet and includes a sky garden, two private pools and terraces, and a private elevator
Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn
According to the Sharjah Real Estate Registration Department, the number of mortgage transactions in July reached 338 in total, valued at Dhs487m
The company is looking to expand its footprint in Europe, having entered a joint venture in Denmark to build single family residential developments across Scandinavian countries
The founders and employees of both businesses will join Huspy
Dubai Islands features over 20 kilometres of beaches, including a Blue Flag certified beach, approximately two square kilometres of parks and golf courses
Land incentives will be offered at rates as low as Dhs5 per square metre, with beneficiaries also receiving long-term contracts
Construction contracts in the emirate rose in value by 11 per cent compared to the two previous years