Existing residential tenants at Dubai Silicon Oasis can now make monthly payments towards their rent
Government stimulus packages and previous experience with coronavirus will allow for quick and effective measures to combat slump, says real estate consultancy
Four experts in the UAE property sector weigh in on the opportunities that short-team leases are providing in Dubai
RERA and its partners will provide necessary life supplies free of charge to those in need in many projects and freehold areas across the emirate
Mortgage registrations have been “consistently higher” this year, finds Property Finder report
The new economic stimulus package provides relief to businesses operating across foreign trade, customs, tourism and real estate sectors
The developer has reportedly suspended projects at Dubai Creek Harbour
A new salary structure will be implemented April 1 onwards, until further notice
It will provide free rental periods for retail and hospitality partners which operate within its malls
The relief package includes initiatives for its mall tenants, freehold owners, residents and customers
The developer is struggling to repay its debt more than a decade after it rescheduled payments
The Covid-19 outbreak is adding to the strain on Dubai’s real estate market, says report
Danube Group is focusing on growing its existing businesses, says managing director Anis Sajan
Imprisonment judgements on all rental-related cases have also been suspended
The company’s customer channels will be operating 24/7
The project, located in Al Warsan, features 741 residential units and is slated for completion in March 2021
The value of outstanding mortgages has jumped to 482bn riyals – a 66 per cent increase since 2017 – with an official target of 500bn by end-2020
Popular buildings in the off-plan segment were mainly in the luxury market, finds report
Its global multifamily property portfolio is currently valued at approximately $2.3bn
Madar includes a cluster of attractions including a children’s adventure area and a food zone
The average gross rental yield in Dubai stands at 7 per cent, finds report
The company posted net profit worth Dhs71.5m for 2019
Spread across an area of around 2.2 sq km, the project features 1,100 residential villas
The developer reported a net loss of Dhs36.9m for 2019
The emirate registered 15,516 deals of residential properties valued below Dhs1m in 2019
Despite the many challenges the lie ahead for entrepreneurs and startups, here’s why he is optimistic about what’s coming this year
Dubai continues to be a key regional business hub, while infrastructure and tourism initiatives in Riyadh will further fuel the economy and real estate market
The new resolution, outlining rules for operators, homeowners and authorised tenants, has been developed to diversify the tourism sector in the emirate
In October last year, Damac chairman Sajwani had warned that the real estate slowdown could spillover to the city’s banks and called for curbs on construction
Mohammed Ibrahim Al-Shaibani will replace Ali Rashid Lootah, who has resigned from his role