News / Middle East

Dubai Sees AED 204 bn Property Transactions in 9 Months

The value of real estate transactions has totalled AED 204 bn through 52,170 transactions for the first nine months of 2017

Dubai Developer Nakheel’s Q3 Profit up 42%

Dubai developer Nakheel has reported a 42.4% increase in third quarter net profit

Emaar Chairman Expects Special Dividend Pay Out from Real Estate Listing by Jan

Emaar Properties Chairman Mohamed Alabbar said on Tuesday he expects to issue a special dividend in January from the proceeds of the partial listing of the Dubai property developer’s real estate unit

Nshama Introduces Co-Living Project in Dubai

UAE private developer Nshama says its Town Square Dubai development has introduced a new co-living and co-working concept in Dubai

Eshraq Properties Swings to Profits in Q3

Abu Dhabi-based property developer Eshraq Properties turns profitable in the third quarter of 2017 against losses incurred in the prior year period

Emaar to Sell 20% Stake in Emaar Development

Dubai's leading property firm Emaar Properties says it plans to sell a 20% stake in its property development business unit Emaar Development next month in an initial public offering (IPO)

Damac Posts Lower Profits in Q3- 2017

UAE’s developer, Damac Properties, announces a decline in its profits year-on-year in the third quarter of 2017

Azizi Launches A- AED 25 bn- Community Project

UAE-based real estate developer, Azizi Developments, plans to launch a new mega community project worth AED 25 bn in the heart of Dubai

Riyada to Develop Ramada Hotel in KSA

Riyada International Hotels and Resorts, along with Concept Towers Real Estate Limited, is to develop Ramada Riyadh King Fahd Road hotel in Riyadh

Damac’s Just Cavalli Villas Phase I Sold Out

UAE’s developer, Damac Properties, has completed sales of all units in Just Cavalli Villas’ first phase at its golf development AKOYA Oxygen in Dubai

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