11 November 2019
Net profit for the quarter stood at AED 13 billionInterest from foreign investors and first-time home buyers supported growth
Real estate developer Emaar Properties
recorded net profit of AED 13 billion during the third quarter of 2019, up 20%
from the same period a year ago,...
29 October 2019
Dubai, United Arab Emirates
Residential communities and cultural attractions drive growth for Saadiyat Island: Cavendish Maxwell Special Report
Saadiyat Island to have
increased appeal as a popular residential, hospitality and commercial
destination...
27 October 2019
AED 183 million
funding round led by WestCap Investment Partners and Prime VenturesBlueground expects to
surpass 1,000 premium
residential properties in Dubai in 2020
Real estate
technology company Blueground has closed an AED 183 million...
24 October 2019
New research shows average sales prices and rents softened across most communities in the UAE during Q3
A prolonged softening in prices and rents has
made the UAE property market more accessible as homes become affordable to more
people, according to a new report
...
16 October 2019
Dubai, United Arab Emirates
Affordable properties spur transactions in a relatively soft market: Cavendish Maxwell Q3 UAE Property Market Report
Average apartment prices
in Dubai declined 165% in Q3 2019 from Q3 2018, and villa/townhouse
...
7 October 2019
Property Monitor is the
region’s only real estate intelligence platform powered by RICS-accredited
professionals
Dubai, United Arab Emirates 07 October 2019
Leading real estate data analytics and market intelligence platform Property Monitor, today announced the appointment of Zhann Jochinke as Chief Operating Officer...
1 October 2019
257 FDI projects in the first half of 2019Dubai ranked third in the world for attracting
FDI
Dubai
received foreign direct investment (FDI) worth AED 466 billion in the
first half of 2019, representing
growth of 135% compared to the same period last year, according to Dubai
Investment Development...
25 September 2019
Dubai: Developers putting up prices on new releases; investors able to sell in the secondary market at rates higher than what they bought for — it’s all happening in Sharjah And yes, at a time when other property sub-markets in the UAE continue to see a contraction...
25 September 2019
Committee set up on 2 September
2019 to achieve supply and demand balancePanel chaired by Deputy Ruler
of Dubai, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum
The Dubai Land Department (DLD) announced a
134% increase in real estate transactions following the creation of the
emirate’s new Higher...
24 September 2019
Companies
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
Meraas
Holding, the master-developer owned by Dubai Government, has entered into a
partnership with Canada’s Brookfield Asset Management to jointly own...
21 September 2019
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...
19 September 2019
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...
