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
Beauty and hair salons, dental clinics and nurseries in the emirate can apply for a 20 per cent rebate
As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors
The company has put thousands of employees on indefinite leave in recent months
The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions
Oman REIT Fund is planning an initial public offering that could raise about $100m
The company expects more government projects to come its way
Each fine starts at Dhs50,000, and may escalate leading to cancellation of the licence of the violating real estate company
The value of its assets increased 5 per cent from Dhs5.9bn to Dhs6.2bn
However, a new tax of 5 per cent – the Real Estate Transaction Tax – will be levied on property deals in place of the VAT
The board will continue to evaluate the acquisition of other real estate assets in the UAE
Alabbar, founder of UAE-based Eagle Hills, was speaking at the pre-opening of the mega Galerija mall
The company said its board will also discuss the acquisition of other investment real estate assets in the UAE
Construction on the Elan neighbourhood began in July this year
The valuation will be provided via DLD’s app called Dubai REST
The transaction will result in upfront proceeds of $2.7bn to ADNOC and is expected to close before end of 2020, subject to closing conditions and regulatory approvals
The Abu Dhabi-based company has amassed a portfolio spanning real estate to utilities and health care to food services
More than 13,000 players ‘purchase’ more than 76,000 properties in Abu Dhabi
PIFSS had a record investment profit of $7.3bn in the three months through June
In June, real estate sales transactions grew by 64 per cent compared to May
Cash accounts for about 11.5 per cent of its investments, which the fund aims to cut to 4 per cent over the next seven months
The East Village contract includes the construction of 16 apartment blocks with the project set to be completed by 2021
The housing market in Dubai remains a top choice among investors even at times of crisis
Alabbar said new business cards issued to employees will simply state their name with the department
The refinancing company was established to buy home loans from banks and other finance companies, freeing up the lenders to book more mortgages
The committee will list, analyse, revise and develop procedures for providing services related to the issuance of building permits
The virtual platform features stakeholders including developers, investors and brokers
The package is valued at Dhs200m and expected to benefit over 1,500 businesses