#Real Estate

Dubai South The Avenue

Dubai South launches new freehold development project called The Avenue

Plots in The Avenue will vary in size from 30,000-55,000 square feet

Dubai real estate transactions cross Dhs100bn mark during Jan-Sep this year

The month of September recorded 5,762 sales transactions worth Dhs16.2bn

How will Expo 2020 Dubai impact the local real estate market and shape future trends?

Developers need to understand the changing demands of potential investors and organisations

Abu Dhabi

Abu Dhabi real estate transactions reach Dhs23.5bn in H1 2021

It included 3,425 real estate sales transactions worth Dhs9.02bn, and 3,621 mortgage transactions valued at Dhs14.55bn

Dubai penthouse Atlantis The Royal Resort & Residences Palm Jumeirah

In pics: Dubai’s most expensive luxury penthouse listed for $49m

The 25,000 sqft five-bed penthouse triplex is located at at the Atlantis The Royal Resort & Residences in Palm Jumeirah

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed allocates Dhs65bn to Emirati housing programme in Dubai

The Ruler of Dubai also issued directives to quadruple the number of citizens benefiting from the housing programme effective from next year

Gold edges higher as havens rally on growing Evergrande fears

The traditional haven has lost 8 per cent this year

Abu Dhabi’s Aldar-ADQ consortium offers to purchase up to 90% stake in Egypt’s SODIC

The consortium is offering a purchase price of EGP20 per share, valuing the company at $453m

Dubai records property sales transactions worth Dhs14.97bn in Aug 2021

A total of 55 per cent of all transactions were for secondary/ready properties, while 45 per cent were for off-plan properties

Covid-19 aftermath: Are workplaces here to stay?

The commercial landscape has and will continue to undergo changes driven by technology

Aldar Zas acres magnolias

Aldar launches new project on Abu Dhabi’s Yas Island

The Magnolias consists of 312 villas and townhouses, bookings for which will open on September 4

Winners of Property Finder Awards on the way ahead

The seventh edition of the awards honoured top brokerages in the UAE, who raised the industry standards despite the challenging circumstances

Dubai developer Emaar’s property sales surge as market recovers

Property sales surged to Dhs9.73bn in the second quarter, growing seven times over the year-ago period

Expo 2020 Dubai: Key themes likely to emerge from the event

Sustainability has been integrated into the planning, design, construction and other phases of the event

Sharjah city skyline

Sharjah’s real estate transactions rise 40.5% y-on-y in H1 2021

GCC citizens, including those from the UAE, invested a total of Dhs9.7bn across 10,787 properties during that period

Dubai real estate

Dubai records Dhs14.79bn in real estate sales for June 2021

It was the highest value of sales in eight years, according to Mo’asher, Dubai’s official sales price index

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

Arada gets Dhs250m funding from Dubai Islamic Bank for megaproject construction

The additional funding comes after an initial financing of Dhs300m was secured earlier this year from the bank

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

Wealth management 2.0: How has the regional landscape evolved

Wealth management has gone through layers of disruption to morph into its current advisory form

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

Investcorp to delist from Bahrain Exchange after nearly 40 years

The delisting, which is still subject to regulatory approvals, is expected to be completed in the next month

Dubai’s property investment platform Stake raises $4m in seed funding round

The financing will be used to scale the platform, develop new features, and grow the team

Abu-Dhabi

Emirates Stallion Group lists on ADX Second Market in the UAE

Established in 2006, ESG is present in 12 markets and had assets of Dhs537m as of the end of Q1 2021

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

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

Emaar properties Dubai

Dubai’s Emaar Properties reports $1.93bn property sales in Q1 2021, up 83% y-on-y

Its net profit increased 8 per cent from $166m in Q1 2020 to $179m in Q1 2021

Abu Dhabi

Abu Dhabi records Dhs11.5bn real estate transactions in Q1 2021

The value of mortgages exceeded Dhs6.5bn generated from 2,092 transactions

Dubai’s Emaar appoints new board, approves dividend plan

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