Emirates Reit Records Rise in Rental Income

Emirates Reit’s Dubai offices, shops, and schools recorded a 25% increase in rental income during the second quarter as occupancy levels increased, despite a notable overall decline in the commercial property market.

Decline In Demand for Dubai Office Spaces

The current decrease in oil prices and the economic slowdown in GCC have resulted in a decline in demand for office spaces in Dubai over the past six months, according to latest study conducted by Cluttons Internatio ...

Emaar Develops New Residential Units in Dubai Creek Harbour

Dubai-based Emaar Properties has launched new luxurious residential units in Dubai’s Creek Harbour project.

Nakheel Partners with Spanish RIU for Deira Islands Resort

Dubai based Nakheel has started developing its beach front Deira Resort with Spain's RIU, at a cost of AED 900 million.

Dubai Properties to Deliver 400 Homes at Mudon Project

Approximately 400 houses are expected to be delivered by Dubai Properties at the Mudon project, a master planned residential community in Dubai.

Damac Records 37.4% Drop in Properties in Q2

Dubai-based Damac Properties witnessed 37.4 % decline in profit in the second quarter of 2016.

Dubai’s Affordable Real Estate Prices Increase by 3.9% in July

A varied price performance has been noticed in Dubai’s real estate market in July, due to location and quality according to a report by ValuStrat.

Dutch Developer to Launch Customized Floating Homes in Dubai

New Living on Water (NLW), a Dutch developer, will launch new “organic- shaped” floating houses in Dubai during the upcoming Cityscape exhibition.

Nakheel to Extend Al Khalil Avenue for $408 M

Leading UAE real estate developer Nakheel has added 252 rooms to its Al Khalil Avenue project, and has assigned Dhabi Contracting to be in charge of construction.

Rove Hotels to Launch 10 New Branches by 2020

Rove Hotels , a joint project between Emaar and Meraas, is opening new branches to meet the growing demands of leisure and business travellers.

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