The company says demand remains high for affordable housing in Dubai
The developer reported a net profit of Dhs 1.05bn for the first quarter
A new system being developed by the emirate’s land department aims to simplify rental and service charge calculations
The slowdown in the market has not affected the segment
Glamz Residence is scheduled for completion in 2018
CBRE said demand outstripped supply in some office locations despite a general decline across the market
Emaar’s chairman last month said he had been “really scared” of market conditions coming into 2016
The assistance to the families, in the form of land, villas, apartments or financing, will be extended over a year
Despite price declines, yields remained high in both emirates, Bayut.com said
Standard & Poor’s said there was no sign of market improvement
Factors including affordability concerns, job losses and low oil prices are dampening the market, Cluttons said
The development will allow daredevils to venture to the edge of the roof in nothing but a harness
Saudi capital sees year-to-year sales prices and rental rates fall
The company also plans to develop more than 10,000 affordable units
The company recorded double-digit increases in revenue and profit last year
ValuStrat’s index suggested the market was showing signs of recovery
The eight-storey tower will be located in MBR City
AlMulla on why is bullish on Dubai’s property market and the company’s plans for the future
Falling prices and steady fixed interest rates have encouraged regional investment
Emaar said the move will help the company expand its operations in India
The new fee is similar to Dubai’s 5 per cent housing tax
Firm says it remains in “acquisition mode” this year
Bloom Gardens will comprise 372 residential units when completed
Yas Acres will be home to 15,000 residents upon completion
Cluttons expects single digit declines for both markets by the end of the year
Emaar chairman says good supply still lagging demand in Dubai’s property market
Abdulla Lahej had been with the company since 2000
The $1bn building is slated for completion by 2020
The Viceroy Dubai Jumeirah Village will open next year
The luxury developer is focussing on sustainability