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Dubai property market set to ‘stabilise’ in 2017

Residential property prices and rents continued to drop in the third quarter of this year

Dubai issues new ruling on land mortgages

The law pertains to lands owned by the government and granted to beneficiaries

Abu Dhabi’s Aldar awards Dhs30m contract for Mayan project

The luxury residential development is located on Yas Island

Dubai property market transactions drop in Q3 – report

Sales prices in both villa and apartment sectors fell by around 1 per cent

Dubai’s Emaar Properties Q3 profit up 36%

Chairman Mohamed Alabbar said the company had focussed on efficiency to drive profitability this year

Danube launches $109m Dubai residential tower

Handover of the firm’s first property is expected soon

Dubai’s Damac Properties Q3 profit slips 11.7%

The developer reported a net profit of Dhs902.0m

Economic slowdown continues to hit Abu Dhabi rents in Q3

Businesses and residents are shifting towards more affordable options, CBRE said

Dubai’s Nakheel adds rooftop pool club to upcoming Circle Mall

The mall is one of two Nakheel is developing in Jumeirah Village Circle and Triangle

Apartment rents decline in Dubai and Abu Dhabi in Q3

Bayut.com said there were high single digit rental declines for some apartment types

Plans for $300m Dubai Cityland Mall revealed

The mall is claimed to be the first in the world inspired by nature

$10m Sharjah waterfront extension to be completed by end-2016

The extension will add new cafes and restaurants

Dubai’s Deyaar reports 22.5% increase in Q3 profit

The increase followed a significant rise in revenue

Dubai’s Nakheel reports 22% rise in Q3 net profit

Profit was boosted by Nakheel’s retail, leasing and leisure businesses

Dubai developer confirms work on huge man-made lagoon to begin next year

Schon Properties will complete the design of the 20,000sqm lagoon by end of the year

Dubai introduces new rule for property advertisements

Real estate developers and agents are now required to get a permit for property advertisements

Damac says it has handed over Dubai South’s first project

Damac’s Maison de Ville Tenora hotel apartments project is now complete

Nakheel opens Jumeirah Village Circle/Hessa Street road access

Around 25,000 people currently live in Jumeirah Village Circle

Aldar begins tendering for Dhs6bn Yas Acres project

The main contractor is expected to be appointed by mid 2017

Video: Sheikh Mohammed breaks ground on world’s new tallest tower in Dubai

The Tower at Dubai Creek Harbour is expected to be the world’s tallest tower in 2020

Dubai developer launches one-bedroom apartments for Dhs799,000

Shaikhani Group has launched the new units at Gardenia Residency in Jumeirah Village Circle

Dubai residential market has bottomed out – JLL

Stable prices and rents in Q3 suggest the market has reached the bottom of its cycle, according to the firm

Challenging conditions prompt Dubai shift to smaller office space

Landlords in the emirate are dividing up floors to attract firms concerned about staff and space requirements, says JLL

Dubai Properties launches new ‘cluster home’ community in Dubailand

The Villanova project comprises a number of clusters, each featuring four different unit types within an enclosed court

The Dubai property barometer – Is it up or down?

Has the Dubai real estate market bottomed out or could it head further south?

Dubai to overtake London as top pick for wealthy GCC investors

Softening prices in Dubai was cited as the top reason for its increase in attractiveness

Saudi signs deals for 10,000 homes in Eastern Province

Saudi Arabia is seeking partners to build 1.5 million homes in the coming years to address a shortage of housing

Saudi central bank studying how to reschedule mortgages

The central bank issued instructions to banks on Sunday on how they should reschedule the consumer loans

Abu Dhabi renters must attest contracts for legal protection

Legally protection will no longer be offered to renters without attested contracts

Select Group launches $123m Dubai Marina tower

The 31-storey Studio One project is located near the Wyndham Hotel