GCC citizens, including those from the UAE, invested a total of Dhs9.7bn across 10,787 properties during that period
It was the highest value of sales in eight years, according to Mo’asher, Dubai’s official sales price index
The reality is that Dubai’s residential market has now shifted in favour of tenants, says Danube’s Rizwan Sajan
The additional funding comes after an initial financing of Dhs300m was secured earlier this year from the bank
Majestic Vistas will be located within the lavish Dubai Hills Vista development
Wealth management has gone through layers of disruption to morph into its current advisory form
Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac
The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years
The delisting, which is still subject to regulatory approvals, is expected to be completed in the next month
The financing will be used to scale the platform, develop new features, and grow the team
Established in 2006, ESG is present in 12 markets and had assets of Dhs537m as of the end of Q1 2021
Construction is set to commence in November 2021, with handovers expected to begin in February 2024
The developer may invest between $1bn to $1.5bn in the next 12- to 18 months on acquisitions abroad and at home
Its net profit increased 8 per cent from $166m in Q1 2020 to $179m in Q1 2021
The value of mortgages exceeded Dhs6.5bn generated from 2,092 transactions
Emaar Properties reported a 57.8 per cent drop in net profit for 2020
ESAG partners with National Bank of Fujairah to offer digital payment system
The sale price was more than $165m, according to sources
Cityscape’s Chris Speller reveals the trends shaping Dubai’s property market and plans for the emirate’s biggest property exhibition
The real estate sector in Dubai recorded a strong sales growth of 17 per cent in January 2021
The development includes 612 residential units spread over six buildings and retails space that spans 1,852 square meters
The bankruptcy judge decided to appoint a panel consisting of seven experts to examine the application
The six-bedroom Zunairah mansions have private infinity pools, landscaped gardens and direct access to the beach
Nature reserves and rural natural areas will constitute 60 per cent of the emirate’s total area, while land used for hotels and tourist activities will increase by 134 per cent
It is the largest mall in the Northern Emirates within the UAE and will feature over 360 brands, including a 16-screen VOX Cinemas multiplex
One of the initial projects will be to work to integrate Israeli urban green technologies into commercial and residential real estate projects
The money manager is the Gulf’s largest private investor in US real estate
A property glut and faltering demand in the Middle East’s business hub have driven prices down by more than a third since the market peaked some seven years ago
As part of the transaction, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties
The 18-hole course designed by Tiger Woods is reportedly facing another delay