The developer expects to attract about 50 new companies to establish operations this year, versus 35 last year, and thinks it will sell around 2,500 residential units in 2015.
Average rents across the emirate are down 1.5 per cent compared to the same time last year, says Cluttons’ latest report.
Home values slipped 0.8 per cent in the first quarter, leaving average prices 0.5 per cent lower than a year earlier and 19.4 per cent below the 2008 peak, a new report says.
Emaar said it would use some of share sale proceeds to fund new developments in Egypt and grow its land bank in the country.
Property site Lamudi lists five properties in emerging markets around the world that have a price tag of around $1 million.
The project, valued at Dhs700 million, will comprise of 1,000 residential units and will be ready for handover by 2018.
The developer has now launched additional units for sale within the project, which is located in its Mudon community in Dubailand.
The state-linked builder made a profit of Dhs618 million in the three months to March 31.
Sales of the three and four bedroom townhouses will begin on May 16.
Once completed in 2018, the $1.2 billion Kingdom Tower will be over one kilometre high.
The Nareel development, designed for Emiratis, consists of two islands comprising 148 villa plots.
The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.
Prime house prices in Dubai fell 1.1 per cent year-on-year in Q1 2015 while showing a 1.9 per quarter-on-quarter decline.
The project will house more than 2,000 hotel apartments and residences.
The developer made a net profit of Dhs1.03 billion ($280.4 million) in the first quarter of 2015.
The contract has been awarded to build the bridges linking the project to the mainland.
The company attributed the growth in profits to a strong performance by its development business.
Barwa made a net profit of QAR3.2 billion in the three months to March 31.
Rents in the emirate, on average, remained flat during the first quarter of the year, the report found.
The number of house sales in Riyadh between the time the new lending limits were introduced and the end of last month fell 70 per cent from a year earlier.
The new Safi community will feature studios and one, two and three bedroom apartments.
The Bulgari Residences project expands upon the May 2014 announcement of Bulgari Resort Dubai.
Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.
Developer Eagle Hills plans to spend $3 billion on building the mega mixed-used Belgrade Waterfront project.
Indian nationals accounted for Dhs3.040 billion of the total.
The deal is eventually expected to lead to a joint venture between the two companies.
The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.
Construction work on the project is set to begin in the first half of this year.
The developer made a net profit of Dhs792.9 million in the three months to March 31.
Sale prices rose about 24 per cent in 2014 after an increase of 31 per cent in 2013, but rents rose only two per cent in Q1.