The Public Prosecution is investigating allegations of financial violations committed by chairman Khalifa Hassan Al Hammadi as well as other senior executives
Plots in The Avenue will vary in size from 30,000-55,000 square feet
The month of September recorded 5,762 sales transactions worth Dhs16.2bn
Developers need to understand the changing demands of potential investors and organisations
It included 3,425 real estate sales transactions worth Dhs9.02bn, and 3,621 mortgage transactions valued at Dhs14.55bn
The 25,000 sqft five-bed penthouse triplex is located at at the Atlantis The Royal Resort & Residences in Palm Jumeirah
The Ruler of Dubai also issued directives to quadruple the number of citizens benefiting from the housing programme effective from next year
The traditional haven has lost 8 per cent this year
The consortium is offering a purchase price of EGP20 per share, valuing the company at $453m
A total of 55 per cent of all transactions were for secondary/ready properties, while 45 per cent were for off-plan properties
The commercial landscape has and will continue to undergo changes driven by technology
The Magnolias consists of 312 villas and townhouses, bookings for which will open on September 4
The seventh edition of the awards honoured top brokerages in the UAE, who raised the industry standards despite the challenging circumstances
Property sales surged to Dhs9.73bn in the second quarter, growing seven times over the year-ago period
Sustainability has been integrated into the planning, design, construction and other phases of the event
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