As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors
Customers can co-own residential properties and earn healthy returns on their investments, for as low as Dhs5,000
The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions
Oman REIT Fund is planning an initial public offering that could raise about $100m
The company expects more government projects to come its way
Aldar will also have management oversight of Musanada projects ranging from education, healthcare, infrastructure, social services and facilities management
Each fine starts at Dhs50,000, and may escalate leading to cancellation of the licence of the violating real estate company
Those eligible for this scheme will also be offered a 30 per cent discount across Aldar’s hotels, golf resorts and food and beverage outlets
The value of its assets increased 5 per cent from Dhs5.9bn to Dhs6.2bn
The contract worth Dhs181m was awarded to Trans Emirates Contracting to begin main work on Zada
The office will act as a liaison unit, and will be tasked with finding opportunities in the local market
However, a new tax of 5 per cent – the Real Estate Transaction Tax – will be levied on property deals in place of the VAT
The board will continue to evaluate the acquisition of other real estate assets in the UAE
Of the transactions recorded in August, 31.5 per cent were in the off-plan segment and 68.5 per cent in the secondary segment
The company said its board will also discuss the acquisition of other investment real estate assets in the UAE
Emaar Misr has committed to contribute roughly $1.26m to support the first phase of infrastructure and service improvements in Sidi Abdul Rahman village
Apartments are the most widely adopted form of accommodation in the region
Tenants include the likes of Julius Baer, Natixis, Latham & Watkins, and Akin Gump, among others
Construction on the Elan neighbourhood began in July this year
The UAE is poised for a rapid rebound from the Covid-19 pandemic, mainly led by tourism, opines Danube Group’s Rizwan Sajan
Former Emaar Malls CEO Patrick Bousquet-Chavanne stepped down in 2019
The valuation will be provided via DLD’s app called Dubai REST
It recorded Dhs9.032bn in revenues for H1 2020
In June, real estate sales transactions grew by 64 per cent compared to May
The d3 Architecture Festival will be held from November 11-13
The developer will construct 45 buildings comprising over 11,000 homes across MBR City, Dubai Healthcare City and Al Furjan over the next 2-3 years
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
The resort is located in the Sidi Abdelrahman bay
Alabbar said new business cards issued to employees will simply state their name with the department