The combined conglomerate will operate across real estate, tourism, hospitality, leisure and entertainment and investments
With this merger, OLX has become EMPG’s largest single shareholder with 39 per cent of shares
In a post Covid-19 world, the property sector needs to adapt and re-align to meet customer demands and mitigate the long-term effects of the pandemic
The claim is related to a project completed around a decade ago
An interest-free loan programme for military personnel which covers 20 per cent of a property will be suspended from May 31
ENBD REIT would require tenants to provide requisite documents for it to extend adequate rental relief
This initiative is part of Mubadala’s ‘We Are Dedicated’ campaign, and aims to support commercial tenants
Distribution will take place from their warehouse facilities in Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah
The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000
Off-plan transactions constituted 72 per cent of the total deals
ADQ assumed complete ownership of NPCC after acquiring 30 per cent shares previously held by Consolidated Contractors International Company
Restaurants whose services are restricted to delivery-only are offered a two-month rent-free period for April and May
Live Viewings combines Property Finder’s own technology platforms with YouTube Live to introduce live streaming to the UAE real estate market
A new digital dashboard from Urban aims to provide UAE landlords with full oversight into their properties
Existing residential tenants at Dubai Silicon Oasis can now make monthly payments towards their rent
Government stimulus packages and previous experience with coronavirus will allow for quick and effective measures to combat slump, says real estate consultancy
Four experts in the UAE property sector weigh in on the opportunities that short-team leases are providing in Dubai
RERA and its partners will provide necessary life supplies free of charge to those in need in many projects and freehold areas across the emirate
Mortgage registrations have been “consistently higher” this year, finds Property Finder report
The new economic stimulus package provides relief to businesses operating across foreign trade, customs, tourism and real estate sectors
The developer has reportedly suspended projects at Dubai Creek Harbour
A new salary structure will be implemented April 1 onwards, until further notice
It will provide free rental periods for retail and hospitality partners which operate within its malls
The relief package includes initiatives for its mall tenants, freehold owners, residents and customers
The developer is struggling to repay its debt more than a decade after it rescheduled payments
The Covid-19 outbreak is adding to the strain on Dubai’s real estate market, says report
Danube Group is focusing on growing its existing businesses, says managing director Anis Sajan
Imprisonment judgements on all rental-related cases have also been suspended
The company’s customer channels will be operating 24/7
The project, located in Al Warsan, features 741 residential units and is slated for completion in March 2021