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.
Al Dar Properties Records 9.7% Increase in Net Profit in Q2 2016
Al Dar Properties net profit rose up about 10%, on Tuesday, even though there are problems in the Abu Dhabi real estate market.
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.
Dubai’s Expo 2020 Triggers Boom in Hospitality Sector
Dubai's hospitality sector is racing towards the finish line ahead of the Expo 2020 in Dubai, seeking to accommodate the expected influx of visitors.
Dubai Properties Marks Start of 2nd Phase of Bellevue Towers
Leading Dubai developer Dubai Properties announced the start of the second phase of the Bellevue Towers project located in Business Bay.
