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
The project will see the addition of “tens of thousands” of hotel and residential units in Makkah in later phases
Serial entrepreneur and leadership trainer Spencer Lodge speaks to entrepreneur and investor Rob Moore
The offering will comprise of 27,180,000 ordinary shares
Ready-to-occupy, family villas at Nad Al Sheba are particularly in demand
How can real estate developers in the GCC adapt to the upheaval that the coronavirus has caused across the region?
With this merger, OLX has become EMPG’s largest single shareholder with 39 per cent of shares
In a post Covid-19 world, the property sector needs to adapt and re-align to meet customer demands and mitigate the long-term effects of the pandemic
The claim is related to a project completed around a decade ago
An interest-free loan programme for military personnel which covers 20 per cent of a property will be suspended from May 31
ENBD REIT would require tenants to provide requisite documents for it to extend adequate rental relief
The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000
The Al Habtoor Group owns seven hotels in Dubai as well as car dealerships, residential properties and schools
Restaurants whose services are restricted to delivery-only are offered a two-month rent-free period for April and May
A full refund will be offered to exhibitors on cancelled events and where a new schedule is not feasible for the participants
Live Viewings combines Property Finder’s own technology platforms with YouTube Live to introduce live streaming to the UAE real estate market
A new digital dashboard from Urban aims to provide UAE landlords with full oversight into their properties