DIFC in Dispute with Canadian Developer Over Faults in Gate Building

Flaws in construction has resulted in damage of a part of the building that endangered lives which pushed DIFC to take the case to court.

Cost of Emaar Apartments Peaks at AED 3.9 M

The residential scheme is expected to be handover in mid-2020 to overlook the Dubai Opera building amid completion

RTA Plans Major Infrastructure Projects in Dubai

Dubai’s Road Transport Authority (RTA) is implementing several infrastructure projects which were approved by Sheikh Mohamed bin Rashid Al Maktoum

Emaar Releases Structure for Luxury Apartment Projects in Downtown Dubai

Emaar real estate has released a new residential structure next to the Dubai Opera that contains two towers at the center of the Downtown District.

Nakheel to Build 2 New Hotels at Retail Hubs

Dubai-based developer Nakheel has released the construction master plan for two new hotels at Dragon City.

GCC Countries to Follow UAE Lead in Smart Building Solutions

UAE is starting initiatives as the lead GCC in smart building, including more than two-thirds of the 1,236 Leadership in Energy & Environmental Design (LEED) certified projects, according to a study.

Dubai’s Real Estate Revenue Records AED 194 M in 1 Day

Dubai’s committee for Land and Properties recorded total land sales of AED 194 million on August 2nd.

Egyptians Rank Second Among Non-GCC Arab Investors in Dubai Real Estate

Investors from Egypt constitute the second largest number of non-GCC Arab investors in the Dubai real estate market, according to the Dubai Land Department.

Emaar Properties Posts 12% Net Profit Increase in H1 2016

Dubai's Emaar Properties recorded a net profit of AED 2.475 billion ($674 million) in the first six months on 2015, compared to AED 2.205 billion in the same half of the previous year, marking a 12% increase.

Nakheel Reports 4% Increase in H1 Net Profit

Top Dubai developer Nakheel announced that it recorded AED 2.95 billion ($803 million) in net profit for the first half of this year, compared to AED 2.83 billion in H1 of last year, constituting a 4% increase.

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