The emirate’s luxury property segment is booming, with price no criteria for the right residence
Apartment values in Riyadh grew 7.6 per cent year on year in the second quarter
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
Dubai recorded 15,638 transactions worth Dhs36.86bn in Q2 2021
General trade topped the list of licenced activities operating in the area
Aldar will invest a fixed amount in one or more ESG projects if it does not reach agreed annual targets
Majestic Vistas will be located within the lavish Dubai Hills Vista development
In the first five months of the year, 22 properties worth more than $10m found a buyer
On June 9, Hussain Sajwani offered to acquire 100 per cent of the listed company via Maple Invest
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
According to the founder, missed deadlines are a ‘real source of concern’
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
US consultancy Parsons wins the infrastructure design contract
Construction is set to commence in November 2021, with handovers expected to begin in February 2024
Of the transactions, 71 per cent were for apartments and 29 per cent for villa/townhouses
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 Dubai Financial Market General Index jumped 0.8 per cent as Emaar advanced as much as 2.8 per cent
He previously held the fund’s general manager’s post
The value of mortgages exceeded Dhs6.5bn generated from 2,092 transactions
The Shams Ar Riyadh project is located in an area north of Riyadh, on the King Khalid Road
Emaar Properties reported a 57.8 per cent drop in net profit for 2020
ESAG partners with National Bank of Fujairah to offer digital payment system
The sale price was more than $165m, according to sources
The developer posted Dhs4.7bn in total revenues for 2020