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Deyaar reports second quarter net profit of AED 75.40 million

1. Q2 gross revenues reach AED 402 million 2. Results in line with company forecasts and resource allocation 3. Reports positive cash flow 4. Over AED 100...

Abu Dhabi’s first private auction house to be largest in the...

Al Nowais Group and Jones Lang LaSalle MENA launch JLL Auctions Joint Venture Partnership will create first industrial auctioneers acting under a private license within...

Fierce competition at the first online auction organized by eMart

Many consider Dubai to have set new standards in real estate operations

World’s Most Competitive Cities in 2012

New Ranking Reveals U.S. and European Cities Are World’s Most Competitive Mid-Size Cities Emerging as Key Drivers of Global Growth Asian Cities Strongest Economically: EIU Report  A...

Dubai Land Department to auction 80 homes in 2012

Dubai Land Department (DLD) expects to auction up to 80 properties in 2012. Banks taking actions to recoup losses from homeowners in mortgage defaults...

VAT to Increase Costs for Real Estate Investors Across GCC

A survey of local investment professionals across the GCC region revealed that real estate is likely to become a costlier investment following the implementation...

Residential Property: Flip or Hold for Rental Income?

When it comes to residential property in Dubai the reality-dictated answer now is "hold for rental income." This is due to a number of...

Dubai Creek Harbour Project Soon to Resume

Construction works on Dubai Creek Harbour, previously known as The Lagoon, will be soon restarted. The ambitious project will include seven islands, residential units...

Luxury Palm Development Welcomes First Residents

Ultra-luxury palm development marks initial handover Features 22 villas offering panoramic views of sun, sea and sand Each unit offers unique...

Global Office Investment Facing Pressures; Strong Fundamentals to Help

The global office investment sector, similar to other types of real estate, is coming under some pressure from the macro-economic environment. However, strong fundamentals...

Public invited to watch Burj Dubai inauguration from Burj Park...

Members of the public will be able to watch the inauguration of Burj Dubai on January 4, 2010 by His Highness Sheikh ...

Global Economic Weekly: Policy pauses and pitfalls

The latest report from BofA Merrill Lynch Global Research, titled, "BofA ML Economics - Global Economic Weekly: Policy pauses and pitfalls, authored by the Global Economics Team...

GCC property prices to slide further, S&P

Not too long after upsetting and embarrassing the first black President in America's history with the first downgrade of the US debt rating in...

Emaar Properties unveils eco-friendly Mushrif Heights

Emaar Properties has unveiled the eco-friendly Mushrif Heights, an integrated community focused on sustainable development features. The AED 12 billion project is the latest...

Assets Change Hands

Meydan on Thursday signed a memorandum of understanding under which it sold three commercial buildings located in Meydan Metropolis Phase 1 to Emirates NBD, reported Gulf...

JLL Dubai Real Estate Market Overview Predicts Significant Oversupply

The supply of residential units in Dubai continued to increase over the quarter, according to Jones Lang LaSalle’s (JLL) Q3 2017 Dubai Real Estate...

Dubai residential property prices plunged 11.72% in first half of 2015

Dubai is again the world's weakest housing market, according to Global Property Guide's survey. Dubai residential property prices plunged 11.72% during the year to...

Emaar to observe ‘Earth Hour’ on March 27

Emaar Properties, the global property developer and provider of premier lifestyle, will observe ‘Earth Hour,’ the global initiative against climate change, by...