Home next Industry next Real Estate

Real Estate

Qatar’s Barwa Real Estate H1 Profit Slumps 21.1%

The Qatari property developer made a net profit of around $163 million in the first six months of the year.

REVEALED: Top Places To Buy Property In Dubai

Gulf Business lists the top nine property growers, including Arabian Ranches, The Springs and Palm Jumeirah.

Sorouh Posts 33% Rise in Q2 Profit

Increased revenues from national housing projects boosted the profit made by the Abu Dhabi-based property developer.

Nakheel H1 Revenue Up 112% at Dhs3.1bn

The Dubai-based developer posts first half profits of $208.82 million, up 36 per cent from the same period last year.

The Property Bubble That Doesn’t Burst

The behemoth Indian real estate market is said to be at the brink of a collapse that isn’t quite happening.

Emaar profit rises 45% to Dhs1.2 bn, led by retail

Property giant Emaar reports 2012 profit rise citing Dubai’s strengthening economy.

Buy Now Before UAE Rents Go Up

Dubai Property oversupply is vanishing fast, says Peter Cooper, editor of Arabianmoney.net

Emaar Buys Dubailand Plot, Plans New Development

Dubai-based property developer Emaar plans to create a mixed-use development in the area.

Dubai Rents Rise 2% In Q2

Average residential rents for both villas and apartments in the emirate increased during Q2 2012, says new study.

Dubai Starts Tenancy Registration At Post Offices

Residents can now complete residential and commercial tenancy contract registration at select post offices.

Dubai’s Old Town Rent Up 10% For H1

Rent prices in the area are up for the first six months of the year, out-pricing costs in Downtown.

Qataris Buy Stake In London Developer

The group, with links to the royal family, has bought a 45 per cent stake in Native Land which operates in London’s wealthy Chelsea.

Dar al-Arkan Repays $1bn Sukuk

The Saudi-based property developer said that Sukuk account holders will receive the funds on Monday.

Dubai Rents Up 10% In 2012

Rents for both villas and apartments have increased year-on-year in 2012, says a new report.

New KSA Mortgage Laws Significant

Saudi Arabia’s announcement of five new laws will affect homeowners and businesses when they come into effect.

Dar al-Arkan Repays $1bn Sukuk

The Saudi-based property developer said that Sukuk account holders will receive the funds on Monday.

Emaar Launches $500m Sukuk

The Dubai-based developer has selected seven regional and international banks for investor meetings in London.

Qatar Rental Rates Rise 8%

Latest report from Asteco shows villa rates up four per cent as demand outstrips supply.

KSA’s Almarai And Dar Alarkan Up

Saudi Arabia’s dairy producer and property developer both reveal an increase in net profit for the second quarter.

Saudi Approves Mortgage Law

The long-awaited mortgage law is expected to help solve the Kingdom’s critical housing problem, say experts.

Dubai Rents Rise Between 6-9%

Average apartment rents increased six per cent and villa rents rose nine per cent in Q2 2012, says Asteco.

Dubai Property Market Most Open

The UAE city is ranked as having the most transparent real estate market in the MENA region.

Betting On Libya’s Future

The demise of Gaddifi has unleashed a treasure trove of opportunity, but one that’s fraught with risk.

Rents Rise In Riyadh and Jeddah

Residential rents rose between four to 13 per cent in the two Saudi Arabian cities, says a new study.

Arkan Gets Dhs1.4bn Loan

The construction company will use the amount to refinance existing debt and fund expansion.

DSI Wins Dhs96m Oman Deals

UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.

Dubai Properties Gets New Board

Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.

Dubai Stops ‘One Cheque’ Rents

A new survey finds that most landlords in Dubai now allow tenants to pay in two or four cheques.

Nakheel Posts Q1 Profit

The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.

Bahrain Rents Slump

Residential rents in some areas have fallen to 2005/ 2006 levels, and occupancy levels have reached as low as 30 per cent.