The Emaar boss also hit back at suggestions the company is responsible for an oversupply of properties
Home prices in Dubai have slumped by more than 30 per cent since 2014
The awards acknowledged champions from across the region’s business spectrum
Deyaar is offering a flexible payment option with initial payment of 10 per cent
Naaman Atallah, the former CEO of Piramal Realty in India, has been appointed to the role
The sale generated over Dhs1bn
Citizens and residents living in Abu Dhabi are entitled to full housing allowance and rent stipend in line with their job grade
The first five phases of the community are fully sold out
Dubai and Abu Dhabi have been ranked as having the most transparent property markets in the region according to JLL’s latest index
This year’s edition of Cityscape was co-created with regional real estate industry stakeholders
There were a total of 14,854 real estate transactions completed in Q3 this year
Both short-term and long-term options are essential for a healthy property market
Disruptive technologies have propelled specialised tech solutions focused on real estate and property management
The developer’s revenue figures for Q1-Q3 2020 totaled Dhs13.37bn
Sea Palace floating resort and moveable villas have been developed by a shipbuilding company
Earlier this year, Danube Group distributed Dhs1m worth of food kits across the UAE
The properties were garden and townhome-style apartment buildings located in major metropolitan areas
Beauty and hair salons, dental clinics and nurseries in the emirate can apply for a 20 per cent rebate
As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors
Customers can co-own residential properties and earn healthy returns on their investments, for as low as Dhs5,000
The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions
Oman REIT Fund is planning an initial public offering that could raise about $100m
The company expects more government projects to come its way
Aldar will also have management oversight of Musanada projects ranging from education, healthcare, infrastructure, social services and facilities management
Each fine starts at Dhs50,000, and may escalate leading to cancellation of the licence of the violating real estate company
Those eligible for this scheme will also be offered a 30 per cent discount across Aldar’s hotels, golf resorts and food and beverage outlets
The value of its assets increased 5 per cent from Dhs5.9bn to Dhs6.2bn
The contract worth Dhs181m was awarded to Trans Emirates Contracting to begin main work on Zada
The office will act as a liaison unit, and will be tasked with finding opportunities in the local market
However, a new tax of 5 per cent – the Real Estate Transaction Tax – will be levied on property deals in place of the VAT