Ali Rashid Lootah was hired as head of the developer in 2010, replacing Sultan Ahmed Bin Sulayem
Hong Kong’s sky-high property prices have long been a source of contention in the city
A total of 61,357 transactions were recorded in 2019, rising 13.4 per cent in comparison to 2018
Average apartment rents in Dubai dropped by 13.4 per cent year-on-year in Q4 2019
The luxury, resort-type residential project, will add 444 units to the developer’s portfolio of delivered units
The 440-unit tower will offer one, two and three-bedroom apartments
The company said it is considering a transaction wherein financing is being raised against the cashflows of the observation deck
The deal could raise up to $1bn for Emaar, a report by Reuters said
A total of 44,590 transactions were recorded between November 2018 and November 2019
The planned listing comes as MAG Development invests in a Dhs2bn project known as MAG City
The time is ripe for change in the city’s approach to real estate
Are lower ownership rates just a generational challenge or the new norm?
The committee aims to create a comprehensive plan for the emirate’s real estate sector and to add value to projects
Azizi will use the vehicles to take its customers on site visits to its developments across Dubai
As developers and government initiatives in the UAE continue to pick up pace, it is anticipated that investors will soak up the supply entering the market
A total of 515 transactions worth Dhs888m were registered on November 24
Residential prices have fallen by about 10 per cent this year, says report
The first cluster of townhouses is expected to be completed in the fourth quarter of 2022
Net profit totalled Dhs133m while revenues reached Dhs2.8bn for the first nine months
Sheikh Ahmed will replace Abdulla Al Habbai
RERA’s list is aimed at helping maintain Dubai’s global position as an investment haven
UAE banks can currently lend as much as 20 per cent of customer deposits to the property industry
A total of 14,974 deals were recorded in the quarter, up 31.4 per cent year-on-year
Total income at the end of Q3 2019 was recorded at Dhs2.12bn while total assets reached Dhs20.64bn
The 350,000 square-metre mall is located in Sabah Al Ahmad Sea City
About 30,000 new homes will be built in Dubai this year, according to JLL
Dubai Hills Estate is a “popular location” for investors and end-users, finds new report
The pool of middle and lower-income buyers is much larger and should therefore be the focus for developers in Dubai
The Dubai residential market is expected to bottom out soon, states study
Authorities warned brokers and developers not to chase potential clients in corridors and parking lots close to the event