In 2020, there were 19,000 transactions executed, including sales and mortgages of land, buildings and real estate units for all types of land use
Emaar now has a total sales backlog of Dhs36.677bn, of which Dhs24.738bn is in the UAE
Its 2020 gross profit also rose 8 per cent to Dhs2.98bn
Aldar Estates now manages more than 32,000 units under property management and nearly 28,000 units under owners’ association management
2020 was a “very tough year” for all property developers, said Hussain Sajwani
The ‘Thrive in Abu Dhabi’ initiative invites foreigners and their families to settle down in the capital emirate
It takes the total number of hotels under ADNEC’s umbrella to five, including Aloft Abu Dhabi, Andaz Abu Dhabi Capital Gate and Aloft London Excel
Abu Dhabi Pension Fund is investing in some of ADNOC’s real estate assets
The 73-storey Amna Tower features 537 luxury units, including four ultra-luxury penthouses
Located within NEOM, the city is expected to house one million residents and create 380,000 jobs by 2030
The fund is reshaping its structure to focus on four business platforms: UAE investments, disruptive investments, direct investments and real estate and infrastructure
The simple, fundamental principle of investing dictates that you should buy low and sell high
Stations at Jebel Ali, Al Furjan, Discovery Gardens and The Gardens will start operating from New Year’s Day
The impact of Covid-19 and a likely reduction in the UAE population will hamper the revival
Users can own a piece of real estate for as little as Dhs2,000
Adnan Kazim has been named as its new chairman in line with regulatory requirements
The sales launch of the district’s first residential building, Tiraz 1, begins on December 16
If RERA cancels a real estate project, a special tribunal will be responsible for liquidating it and ensuring settlement of all rights related to the project
Jamal Bin Theniyah will replace Alabbar as chairman, while the latter will assume the role of managing director
The considerable levels of dry powder available across the Middle East is expected to target diversification opportunities and long-term higher returns
The Emaar boss also hit back at suggestions the company is responsible for an oversupply of properties
The raffle starts on November 26, and will conclude at midnight the following day
Deyaar is offering a flexible payment option with initial payment of 10 per cent
Naaman Atallah, the former CEO of Piramal Realty in India, has been appointed to the role
Similar to wealth, wealth management has gone through layers of evolution to become a specialised investment advisory service
Dubai and Abu Dhabi have been ranked as having the most transparent property markets in the region according to JLL’s latest index
There were a total of 14,854 real estate transactions completed in Q3 this year
Disruptive technologies have propelled specialised tech solutions focused on real estate and property management
The developer’s revenue figures for Q1-Q3 2020 totaled Dhs13.37bn
Sea Palace floating resort and moveable villas have been developed by a shipbuilding company