In this exclusive interview, Naghmeh Sheikholeslami speaks of resilience, prioritising customers and Dubai’s evolving real estate landscape
Work is underway on-site to develop the destination, with more than 2,400 staff already on site and 9.9 million manhours logged to date
The company aims to build a comprehensive real estate registration database, covering data of property units across the kingdom
Spark Security works with organisations operating in a wide range of sectors, including infrastructure, banking, healthcare and hospitality
The company plans to invest the new capital in advancing its product and technology, upscaling its brand, and expanding operations across the region
Among the buildings that are serviced within Empower’s portfolio, the residential sector tops the list of the company’s clients with 64 per cent
The developer has also recommended to increase the company’s share capital to Dhs8.838bn
The homes at Yas Park Gate are designed to achieve a two-pearl rating, as per the UAE’s Estidama sustainability rating system
The five-bedroom triplex penthouse on Palm Jumeirah is 25,208 square feet and includes a sky garden, two private pools and terraces, and a private elevator
Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn
According to the Sharjah Real Estate Registration Department, the number of mortgage transactions in July reached 338 in total, valued at Dhs487m
The company is looking to expand its footprint in Europe, having entered a joint venture in Denmark to build single family residential developments across Scandinavian countries
The founders and employees of both businesses will join Huspy
Dubai Islands features over 20 kilometres of beaches, including a Blue Flag certified beach, approximately two square kilometres of parks and golf courses
Land incentives will be offered at rates as low as Dhs5 per square metre, with beneficiaries also receiving long-term contracts
Construction contracts in the emirate rose in value by 11 per cent compared to the two previous years
According to CBRE, average rents in the 12 months to July increased by 23.7 per cent, with average apartment and villa rents increasing by 23.5 per cent and 24.8 per cent respectively
More than 3,000 companies worldwide are working with SBTi to reduce emissions
Sarah Hewerdine lists out key takeaways of the recent interest rate hike for an everyday home-buyer in the UAE
Emaar’s hospitality division saw its revenue grow by 64 per cent compared to H1 2021, reflecting the tourism sector’s robust post-pandemic recovery
The Dhs7.5bn deal will make Dubai Holding the second largest shareholder of Emaar
Rental growth exceeded 5 per cent in Dubai, versus an average of 3.1 per cent across other global cities
We look at the advantages that real estate crowdfunding offers both investors and sellers
TECOM’s revenue increased 15.8 per cent YoY driven by higher occupancy rates across commercial and industrial segments
According to Mo’asher data, Q2 2022 marked the highest quarterly volume of sales transactions for the last decade, with a total of 22,504 transactions worth Dhs59.154bn
Group sales rose to a record level of Dhs5.33bn for H1 2022, driven by strong domestic and international demand for existing inventory and launch of new properties
The transaction includes the four main office towers in ADGM located on Al Maryah Island, Al Sila, Al Sarab, Al Maqam and Al Khatem
For the months of April and May, the value of point-of-sale transactions jumped by 16 per cent year-on-year to a total of SAR91.8bn across the kingdom as a whole
The step comes as part of the Housing Programme for Dubai Citizens, to meet the requirements and needs of Emirati families
The decree is the latest in a series of laws that have been recently passed in Dubai in relation to property