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In pics: Dubai’s ‘most expensive apartment’ sold this year

A penthouse apartment at the One Palm project by Omniyat has sold for Dhs102m

Dubai’s Deyaar could turn to banks for Dhs1bn tower, plans Montrose handover in Nov

Deyaar launched the 63-storey South Bay yesterday

Dubai’s Union Properties announces new mall, hotels as part of $2bn MotorCity project

The developer unveiled its new MotorCity masterplan yesterday

Abu Dhabi’s Imkan awards consultancy contract for $545m first phase of Makers District

The master plan covers 18 hectares in total

All the updates from Cityscape 2017

All the news and views from the region’s largest real estate conference

In pics: World’s first ‘luxury underwater vessel resort’ launched in Dubai

Valued at Dhs2.5bn, The Floating Venice will be located in The World islands

Dubai developer Deyaar unveils Dhs1bn project in Business Bay

Called South Bay, the 63-storey tower will offer residential, serviced apartment and hotel units

Dubai’s RKM Durar launches $177m pearl-inspired twin tower project

Construction of the project is underway and it is due to be completed in 2019

Dubai’s Nakheel reveals $1bn of projects including new community, mall

The developer will begin work on a major new community and mall in Discovery Gardens next year

Dubai Land Department to soon issue new rules for REITs

The authority also plans to introduce fees for investors when they enter and exit REITs

Abu Dhabi leads the UAE in affordable accommodation

Abu Dhabi City Municipality recently announced an initiative to encourage developers to provide rental options for lower earners

Abu Dhabi property slump to continue amid recovery signs in Dubai, Sharjah

Demand in the UAE capital remains subdued but other markets could see residential prices recover by the end of 2019, says Cluttons

UAE’s Arada announces $6.5bn real estate project in Sharjah

Aljada is planned to accommodate 70,000 residents

Dubai property market sentiment worse than last year – survey

Core Savills said there were misconceptions about oversupply in the emirate but rents could continue to soften

Dubai developer Emaar not participating in Cityscape this year

Cityscape, Dubai’s biggest property exhibition, will be held next week

New $325m Dubai project allows investors to buy property via bitcoin

One-bedroom apartments will be priced at about 54 bitcoins, or $250,000

Abu Dhabi’s Aldar launches $653m waterfront development

Water’s Edge is located on Yas Island’s eastern shores

Dubai developer Nakheel to announce $871m of projects

Among the new announcements will be a project on the Palm Jumeirah

Dubai property brokers earn Dhs820m in H1 this year

There are now 5,856 active brokers in DLD’s database

Developer Damac acquires Dhs 1.26bn of land near Dubai Canal

Dubai developer Damac says property market ‘not going down’

Damac booked sales of Dhs4bn worth of properties in the first half of this year

Abu Dhabi property developers Eshraq and Reem in ‘advanced talks’ for merger

The merger will create the second largest listed real estate developer in Abu Dhabi

Emaar launches new residential project at Dubai Creek Harbour

The 43-storey tower will feature 300 apartments

Top 10 nationalities of property investors in Dubai

Emiratis made the most number of transactions between January 2016 and June 2017

Abu Dhabi’s Bloom Properties begins work on JVC project

The developer has awarded the contract for the enabling works of its mid-income residential project, Bloom Towers

Al Naboodah appointed main contractor for Creekside 18 project in Dubai

Creekside 18 residences is a two-tower apartment complex in the Dubai Creek Harbour project

Invest Group Overseas launches $136m Dubai tower

The company said it planned to invest Dhs2bn in projects in the build up to 2020

Job losses, income cuts weaken property demand in Abu Dhabi

Sales prices are expected to continue falling over the next six to 12 months

Dubai’s DIFC says Gate Avenue project on track to open in 2018

The project will feature over 200 dining, boutique, retail and entertainment options

Developer Sobha Group plans Oman project, to expand outside real estate

Sobha is planning a push into a less “cyclical” business area, its chairman has said

Emaar reports 14% net profit growth in Q2 on strong international revenues

The developer recorded a 22 per cent rise in property sales in Dubai during H1