#property

Dubai property landlords must ‘adjust their mindset’ in a low-demand market

The reality is that Dubai’s residential market has now shifted in favour of tenants, says Danube’s Rizwan Sajan

June 2021: Dubai records highest volume of property sales transactions in 8 years

Dubai recorded 15,638 transactions worth Dhs36.86bn in Q2 2021

In pics: Emaar partners with Lamborghini to launch luxury villas at Dubai Hills Estate

Majestic Vistas will be located within the lavish Dubai Hills Vista development

Dubai’s Damac appoints new chairman, forms committee to assess Sajwani’s offer

Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac

Pictures: ‘Most expensive’ villa in Dubai’s Palm Jumeirah sells for Dhs119.5m

The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years

Dubai’s Emaar adds new contract clause after project delays

According to the founder, missed deadlines are a ‘real source of concern’

Qatar says World Cup preparations on track despite pandemic

Qatar is spending hundreds of billions of dollars on infrastructure construction ahead of the World Cup

Abu Dhabi’s Aldar launches Noya Luma villa project in Yas Island

Construction is set to commence in November 2021, with handovers expected to begin in February 2024

Dubai posted 4,804 property sales during Ramadan 2021

Of the transactions, 71 per cent were for apartments and 29 per cent for villa/townhouses

Abu Dhabi’s Aldar considering more deals in Egypt real estate

The developer may invest between $1bn to $1.5bn in the next 12- to 18 months on acquisitions abroad and at home

Dubai’s Emaar appoints new board, approves dividend plan

Emaar Properties reported a 57.8 per cent drop in net profit for 2020

Has Dubai’s property market ‘bottomed out’?

Cityscape’s Chris Speller reveals the trends shaping Dubai’s property market and plans for the emirate’s biggest property exhibition

Aldar offers to buy stake in Egypt’s Sodic; shares climb

The offer values the Egyptian property developer at about $420m

Is now a good time to invest in Dubai property?

The simple, fundamental principle of investing dictates that you should buy low and sell high

Dubai Metro extension to benefit ‘thousands’ of investors and residents – Nakheel

Stations at Jebel Ali, Al Furjan, Discovery Gardens and The Gardens will start operating from New Year’s Day

Damac sees UAE property market recovery in two years

The impact of Covid-19 and a likely reduction in the UAE population will hamper the revival

Dubai’s ICD adds Meydan to portfolio to gain larger property footprint

Meydan’s two main lines of business – real estate and horse-racing – will remain separate

Alabbar

Alabbar dismisses claims that Dubai’s Emaar has stopped building as “nonsense”

The Emaar boss also hit back at suggestions the company is responsible for an oversupply of properties

Emaar’s Alabbar confirms that it has halted new projects as Covid hits property demand

Home prices in Dubai have slumped by more than 30 per cent since 2014

Nakheel CEO Naaman Atallah[4] copy

Dubai developer Nakheel appoints new CEO

Naaman Atallah, the former CEO of Piramal Realty in India, has been appointed to the role

Dubai Autodrome

Union Properties receives Dhs400m offer for a 40% stake in Dubai Autodrome

The company said its board will also discuss the acquisition of other investment real estate assets in the UAE

Abu Dhabi’s Mubadala weighs selling property assets to Aldar

Mubadala may also dispose of some residential buildings in the United Arab Emirates’ capital

Dubai’s housing market ‘oversupplied’ despite drop in prices – UBS

The Dubai residential market is expected to bottom out soon, states study

Dubai property market will see upturn in 2017- KPMG

What will the Dubai property market look like post Expo 2020?

Matthew Gregory, head of property sales at dubizzle Property, looks ahead to 2021 and the impact of Expo 2020 on Dubai’s property market

Property prices in Dubai to continue falling in 2019

Prices are expected to drop next year on the back of growing residential supply

Revealed: Where Dubai property rents, prices decreased the most in H1 2018

Rents and sales prices continued to decline in the first half of the year

Dubai gov real estate platform aims to cut out agents

The Real Estate Self Transaction portal will allow landlords to sell and manage their properties online

Saudi Binladin Group to cut staff, be renamed

The group is expected to be streamlined with staff cuts and unit sales planned

Dubai’s Real Estate Market Cooling Down: Report

Tighter government regulations and an increasing mismatch between buyer and seller expectations have tempered growth in the residential market.

Why GCC Investors Should Look To The UK

Adam Price, managing director of Select Property Middle East, explains why savvy investors from the Gulf should take advantage of the British student property market.