Key trends in Residential sales across Dubai, Abu Dhabi in Q4
As Landmark Advisory predicted, there has been a solid rise in interest in residential sales across Dubai in certain established and prime residential areas...
Sorouh 2Q11 Results Snapshot
2Q11 revenues at AED1.2 bn up 542% YoY
Gross Profit registered AED144 mn up 91% YoY
Net profit at AED125 mn 125 up 520% YoY
1H11 net...
Emaar Properties records first-half 2011 net operating profit
Revenue for the first six months of 2011 is AED 4.014 billion (US$ 1.093 billion)
Second-quarter 2011 net operating profit of AED 422 million (US$...
Global Takaful market to reach US$25 Bn in 2015
Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London
Global Takaful contributions are expected to touch...
Abu Dhabi Real Estate Market Overview – Q2 2011
Jones Lang LaSalle, the world's leading real estate investment and advisory firm, today released its latest ‘Abu Dhabi Real Estate Market Overview – Q2...
Global direct real estate investment volumes rise nearly 50 percent in...
Global direct real estate investment volumes in the second quarter of 2011 totaled more than US$101 billion, up seven percent from the previous three...
Tamweel offers finance to overseas buyers; launches Home Refinance Programme
Non-residents Programme offers home finance to overseas buyers
Home Refinance Programme to unlock value of fully paid properties
Tamweel PJSC, the UAE Islamic home finance...
Takaful poised for growth, greater focus required
Takaful operators in the Gulf Cooperation Council (GCC) and Malaysia are growing at a rapid pace and are highly capitalised, new research from A.M....
Owners and agents inflate rents, property prices in Dubai
During the last few weeks, new trend has emerged within the Dubai real estate market. Property owners and agents are jointly trying to inflate...
Dubai Government to take over Nakheel and Limitless
The Board of Directors of Dubai World (the “Company”) today announced it had appointed two new senior managers to the team that oversees the...
Dubai’s hospitality and retail sectors on path to recovery
Jones Lang LaSalle, the world's leading real estate investment and advisory firm, released its latest 'Dubai Real Estate Market Overview - Q2 2011' covering...
Visa for real estate investors extended to three years
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum chaired a meeting of the UAE Cabinet...
Dubai Properties Group launches Community iPhone App
Dubai Properties Group (DPG), a member of Dubai Holding, today announced the launch of its ‘DPG Communities’ App, the first-of-its-kind iPhone application in the...
Sorouh launches first Rent to Own offer in Abu Dhabi
Sorouh Real Estate PJSC (“Sorouh”), the Abu Dhabi-based real estate developer, has announced a new plan in which tenants of Sun Tower will...
New law on Dubai Real Estate Corporation
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE in his capacity as the Ruler of the Emirate...
Launch of Arabic version of Sphere Handbook 2011
The Sphere Project, a leading initiative promoting quality and accountability in humanitarian work, launched today the Arabic version of the 2011 revised edition of...
Wasl Properties launches tailor-made solutions for owners associations, private landlords
Wasl properties has announced the launch of a new service dedicated to provide full management services for owners and private landlords in Dubai and...
Board of Directors of Dubai Real Estate Corporation reshufflled
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister has in his capacity as the Ruler of the Emirate of...