to jointly own and operate retail assets in the UAE and the GulfAlliance
to cover The Beach, City Walk and La Mer retail assets in Dubai
Holding, the master-developer owned by Dubai Government, has entered into a
partnership with Canada’s Brookfield Asset Management to jointly own...
Restrictions of any kind in terms of locations or choice will harm those chances
A view of towers and hotels at Business Bay in Dubai
Short-term rental accommodation, or holiday homes, has been a hot topic of discussion over the past...
Business Bay ranked first in number and value of
transactions in 2018Emiratis made the most investments, worth AED 10
billion, followed by Indians
The real estate sector contributed 136% to Dubai’s GDP
growth in 2018 compared to 69% in 2017, whilst the construction sector’s
contribution reached 64% in...
Land Department will also regulate the relationship between property owners and tenants RERA will prepare and update policies designed to balance supply and demand and regulate and oversee escrow accounts
As per a
new law, the Real Estate Regulatory Agency (RERA) in Dubai will be...
A merger would enable both firms to gain greater market share Advisers on the potential merger will be disclosed once they are appointedTechnical, financial, and legal reviews are yet to begin
Contracting company Arabtec Holding is in talks with Abu
Dhabi-based contractor Trojan Holding about...
Guests will be provided with hotel-grade housekeeping and a range of amenitiesSouth Beach to be the first Emaar property to be listed on the platform
Dubai-based developer, Emaar Properties,
has announced the launch of ‘Ease by Emaar’, a platform to enable visitors to
rent handpicked properties...
Committee to be headed by
Sheikh Mohammed’s son and deputy, Maktoum bin MohammedNew panel to aim to avoid
duplication of projects and ensure they add value to the economy
Dubai’s ruler has announced the creation of
a new panel to achieve balance between demand and supply in...
Despite still low volumes, more secondary market deals show value gainsDubai: Dubai’s property market is throwing up all sorts of numbers and trends, even some that are seemingly at odds with one another
Aditi Hariharan, Senior Consultant at the property services firm Cavendish Maxwell,...
India was the biggest source
market during the period with 997,000 visitorsRoom inventory increased 6% to
reach 118,345 at the end of JuneAverage occupancy for the
Dubai’s hotels stood at 76%
Dubai welcomed 836 million international
overnight visitors in the first six months of 2019, recording a 3%...
IHS Markit Dubai Economy Tracker Index records 552 in July versus 584 in JuneEmployment numbers remained largely unchanged compared to JuneExpectations for business activity over the next 12 months were high at the start of H2 2019
Business activity in Dubai’s non-oil private sector...
First half sales in 2019 at AED 94 billion, up 52% from a year agoNet profit during the period declines to AED 31 billion on higher costs
Emaar Properties recorded sales for the first half of 2019 at AED 94 billion, up 52% from the...
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