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Deyaar pledges to double size of property management portfolio over five...

1. More than 16,000 units currently managed by Deyaar; over 95 per cent occupancy across portfolio 2. Company to focus on expanding geographical reach across...

Dubai office market regains “Competitive Edge”

Jones Lang LaSalle MENA’s Q2 2009 Dubai Office Market Snapshot The Dubai commercial property market is becoming more competitive on a global scale...

Sector one completion more than just a milestone for The Wave,...

While many market analysts are still arguing over how long the downturn will last, The Wave, Muscat is flying the Middle East development flag...

Real estate firms integrate Emcredit services into risk management practices

1. Landmark Properties and New England International Real Estate sign up for Embounce to make more informed business decisions 2. Agreement to empower both companies...

Emaar Properties records half-year revenue

Emaar Properties focused on project delivery and business consolidation in the first half of 2009, achieved half-year revenue of Dh3,486 million (US$ 949 million)...

Dubai rents continue to fall in Q2

Average rents for apartments in Dubai fell by up to 26% and for villas by 34% in the last three months compared with the...

Fine of AED 50 000 for sharing villa

Starting August, landlords will be fined AEF 50 000 for sharing villa, whcih is violation of municipal law. Starting August 1st, the fine of AED...

Deyaar to hand over The Citadel in August

1. Seventh Deyaar project to be delivered in 2009 2. AED 700 million premium office tower located in Business Bay 3. Project comprises 565,000 square feet...

BAS-ML Economics – Global Economic Weekly: Too early to withdraw the...

Summerized bellow is a recent Banc of America Securities-Merrill Lynch research report titled, "BAS-ML Economics - Global Economic Weekly: Too early to withdraw the...

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...

Emaar Properties hands over Burj Views homes in Downtown Burj Dubai

1. Highlights further evolution of the city's new and definitive lifestyle destination 2. Three-tower residential complex in the new heart of the city features studios,...

The Wave Muscat joins Association of International Property Professionals

The Wave Muscat has been accepted as a member of the Association of International Property Professionals (AIPP), a non-profit organisation dedicated to improving professionalism...

Emcredit to release credit-related economic indicators

1. Research reports valuable for business decisions, monitoring trends and economic policy making 2. First report to highlight trends in UAE business activity in 2009 3....

Global Real Estate Market in Review

No Rebound, but little room left to fall Global transaction volume continues at a remarkably sluggish rate, accordig real estate market analysts worldwide. Although...

Emaar steps out of Algeria

Emaar Properties decided to liquidate its Algeria-based investments following the new foreign direct investment (DI) procedures imposed by the government since year-start. These procedures included...

Emaar International Jordan completes second phase design of homes in Samarah...

1. Complements Government’s focus on developing Dead Sea region 2. Modern amenities, world-class design and easy access are highlights of Samarah 3. Brings Emaar’s proven track-record...

Deal or No Deal for Emaar?

Emaar Properties said on Tuesday a deal signed the Kingdom Holding of Saudi Arabia was still conditional and would focus on managing the development...

UAE anti-trafficking report documents progress

The UAE made rapid strides in combatting human trafficking in 2008, which is reflected in the number of registered cases doubling over the previous...