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Bahrain’s Investcorp acquires two US properties for $164m

Its global multifamily property portfolio is currently valued at approximately $2.3bn

New entertainment venue Madar set to open in Sharjah mega development Aljada

Madar includes a cluster of attractions including a children’s adventure area and a food zone

Revealed: Areas offering the highest rental yields in Dubai

The average gross rental yield in Dubai stands at 7 per cent, finds report

Dubai’s Deyaar reports 49% profit dip in 2019

The company posted net profit worth Dhs71.5m for 2019

Pics: Construction of mega Dhs1.9bn housing project completed in UAE’s Fujairah

Spread across an area of around 2.2 sq km, the project features 1,100 residential villas

Dubai’s Damac Properties posts net loss for 2019

The developer reported a net loss of Dhs36.9m for 2019

Affordable housing accounts for 41% residential sales in Dubai in 2019

The emirate registered 15,516 deals of residential properties valued below Dhs1m in 2019

How Emirati business leader Ismail Al Hammadi looks for opportunities in adversity

Despite the many challenges the lie ahead for entrepreneurs and startups, here’s why he is optimistic about what’s coming this year

Dubai, Riyadh among top 20 ‘most dynamic cities’ – JLL

Dubai continues to be a key regional business hub, while infrastructure and tourism initiatives in Riyadh will further fuel the economy and real estate market

Dubai reveals new holiday home regulation

Dubai Tourism Authority issues new guidelines for holiday homes sector

The new resolution, outlining rules for operators, homeowners and authorised tenants, has been developed to diversify the tourism sector in the emirate

Damac sees Dubai property prices at ‘rock bottom’ as curbs work

In October last year, Damac chairman Sajwani had warned that the real estate slowdown could spillover to the city’s banks and called for curbs on construction

Dubai developer Nakheel appoints new chairman

Mohammed Ibrahim Al-Shaibani will replace Ali Rashid Lootah, who has resigned from his role

Dubai developer Nakheel’s chairman to step down – report

Ali Rashid Lootah was hired as head of the developer in 2010, replacing Sultan Ahmed Bin Sulayem

World’s least affordable housing market revealed

Hong Kong’s sky-high property prices have long been a source of contention in the city

Sharjah records real estate transactions worth Dhs24.2bn in 2019

A total of 61,357 transactions were recorded in 2019, rising 13.4 per cent in comparison to 2018

Revealed: Areas in Dubai that saw the biggest drop in residential rents in 2019

Average apartment rents in Dubai dropped by 13.4 per cent year-on-year in Q4 2019

Dubai’s Danube Properties completes Dhs300m ‘Resortz’ project

The luxury, resort-type residential project, will add 444 units to the developer’s portfolio of delivered units

Emaar launches Burj Crown, new 44-storey luxury tower in Downtown Dubai

The 440-unit tower will offer one, two and three-bedroom apartments

Dubai’s Emaar denies reports that it is selling Burj Khalifa observation deck

The company said it is considering a transaction wherein financing is being raised against the cashflows of the observation deck

Dubai’s Emaar mulling sale of Burj Khalifa observation deck – report

The deal could raise up to $1bn for Emaar, a report by Reuters said

Dubai sets new ‘record’ for volume of real estate transactions in past 12 months – report

A total of 44,590 transactions were recorded between November 2018 and November 2019

Dubai developer MAG Development mulling IPO – report

The planned listing comes as MAG Development invests in a Dhs2bn project known as MAG City

Why developers in Dubai must align to changing consumer trends in real estate

The time is ripe for change in the city’s approach to real estate

Why are millennials not buying houses?

Are lower ownership rates just a generational challenge or the new norm?

Can the higher committee of real estate control Dubai’s housing supply?

The committee aims to create a comprehensive plan for the emirate’s real estate sector and to add value to projects

Dubai’s Azizi Developments orders Tesla’s Cybertrucks for customer site visits

Azizi will use the vehicles to take its customers on site visits to its developments across Dubai

State of UAE’s off-plan market: soaking up current and future supply

As developers and government initiatives in the UAE continue to pick up pace, it is anticipated that investors will soak up the supply entering the market

Dubai sets new record for number of single-day property transactions

A total of 515 transactions worth Dhs888m were registered on November 24

Dubai’s property market may not see ‘meaningful recovery’ in near term – S&P

Residential prices have fallen by about 10 per cent this year, says report

Dubai developer Emaar launches new Dhs25bn project targeting ‘mid-income’ families

The first cluster of townhouses is expected to be completed in the fourth quarter of 2022