The mixed-use development will feature its own theme park and is estimated to house 200,000 residents when complete
The current slowdown will be beneficial for the real estate market by weeding out weaker developers, says RSG International chairman
Dubai has a low reliance on oil despite hydrocarbons providing three-quarters of the UAE’ consolidated revenue in 2014, according to credit agency Moody’
Real estate shares led the recovery with leading developer Emaar Properties gaining 1.8 per cent and DAMAC Properties rising 3.3 per cent
Up to 67 per cent of apartment buildings and 50 per cent of villas in Dubai are uninsured, says survey by MoveSouq.com and RSA
The contract for the Zahra and Hayat Townhouse communities in Town Square has been awarded to Beaver Gulf Group
The founders of Dubai-based maintenance company Jim Will Fix It discuss industry challenges and their expansion plans
The total floor area of the developments approved more than tripled from the first quarter
The company said that it is developing a second retail centre within its Al Furjan community
The dip came despite the community being the most commonly searched on Dubizzle
The new accounting policy will help in appropriately reflecting the companies’ financial performance and increase transparency, a new report says
Iconic developments like the under construction Kingdom Tower, set to be the world’s tallest building, are leading the trend, Colliers said
The developer reported a net profit of Dhs 1.42bn ($386.6m) for the three months to June 30
Emaar Misr had previously said that the board would vote whether to amend Alabbar’s position due to his other commitments in the real estate sector
Indians accounted for Dhs 7.8bn of transactions during the first half of 2015, DLD figures show
Two communities, consisting of 1,400 and 1,000 villas, will be built for nationals in Wadi Safa and Al Aweer 1
The state-linked builder made a profit of Dhs 601m in the second quarter of 2015
The new project boasts the world’s tallest residential tower, longest indoor ski slope, largest dancing fountain, highest observation deck and highest sky restaurant
The capital’s housing stock saw the lowest level of growth in the last five years, potentially pressuring rents to rise
The developer made a net profit of Dhs 1.18bn in the second quarter of 2015
The market is expected to see a further drop in prices during the second half of the year, says JLL
S&K Estate Agents (also known as Smith and Ken) has been handed to liquidators in a process to pay back creditors
The company attributed the increase in profit to a rise in property handovers
The drop in rents was attributed to a surge in supply
Media reports in India quoted sources as saying Emaar was close to ending its decade-old joint venture with MGF Developments
Rents in Sharjah fell 3 per cent quarter-on-quarter in Q2 as a reverse relocation trend to Dubai gained traction, says report
The project will have 11 educational facilities and a massive upscale mall in addition to features such as jogging and bicycle tracks, mosques and other green spaces
Located in the Nine Elms regeneration area, the 50-storey project is slated for completion in 2020
The sales constituted land plots on Nareel Island and Al Merief developments, as well as unit sales at Meera at Shams Abu Dhabi
Locations such as Palm Jumeirah and Jumeirah Beach Residences posted a significant quarterly drop in rents this year