UAE Construction Market Reaches $94 Bn in 2023
The UAE construction market, which was estimated to be worth $94 bn in 2023, is projected to experience a 3 percent annual average growth rate (AAGR) from 2025 to 2028, Invest-Gate reports.
Dubai Property Prices Drop 0.9%, Rents Fall 6.9% in Q3 2020
The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.
P&O Marinas Pledges to Shake Up Dubai’s Mina Rashid Marina
P&O Marinas has signed an agreement with Pindar Yacht Management (PYM) to shake up the former's Dubai-based development, Mina Rashid Marina, and develop a wide range of all-embracing world-class marine leisure ser ...
Dubai’s AED 1.2 bn Nakheel Mall to Open Late November
The AED 1.2 bn Nakheel Mall in Dubai’s Palm Jumeirah will open after four years of construction on November 28, coinciding with celebrations for the UAE’s 48th National Day.
UAE’s Lootah Introduces Modern Lifestyle Compound in Jumeirah
UAE-based Lootah Real Estate Development has announced plans to launch "Living Garden," a modern lifestyle compound comprising affordable studios and one-bedroom apartments, in the up-and-coming neighborhood of Ju ...
Bayut Uncovers New Floor Plan Tool for UAE Properties
UAE’s largest online property portal Bayut has launched a new game-changing feature on its website, providing users with detailed 2D and 3D floor plans for over 40,000 property types in the UAE, in an effort to ra ...
Dubai Likely to Finalize Over 47,000 Units in 2019
UAE-based Property Finder has expected the number of completed residential units in Dubai to exceed 47,000 during the current year, following the finalization and delivery of around 21,014 residential units in 201 ...
Eshraq Properties Unveils New Corporate Identity
Abu Dhabi-based real estate company Eshraq Properties has changed its name to Eshraq Investments, following approval from shareholders at a recent general meeting.
Emaar Development Releases Last Units in Dubai’s Arabian Ranches II
UAE-based Emaar Development has launched the new Camelia townhouses in its gated community Arabian Ranches II in Dubai as a property ideal for families and investors seeking long-term returns
UAE Offers Five-Year Renewable Residency for Retired Expats
The UAE cabinet has passed a law that will allow expatriates to have long-term residency visa after retirement, aiming to help prop up the country's economy and real estate market
