Dubai real estate: Emaar reports $2.3bn profit in 2022
Emaar Properties announced revenue of $5.1bn (AED18.9bn) for the first nine months of the year. Reflecting the growth in…
Property & Real Estate
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Dubai to build world's tallest residential skyscraper
Binghatti on Wednesday announced a project to develop the world’s tallest residential structure in Dubai — Burj Binghatti Jacob &…
Dubai records over $653mln in realty transactions on Thursday
Dubai real estate market recorded 842 sales transactions worth AED1.96 billion, in addition to 112 mortgage deals of AED487.55 million,…
Dubai office rents likely to rise in ‘double digits’ over next 12 months
The cost of leasing offices in Dubai is expected to rise significantly over the next several months due to supply…
Sharjah announces changes to real estate ownership law for expats
His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Law No. (2)…
Abu Dhabi’s Biggest Wealth Fund Is Pushing Deeper into the U.S., Real Estate
The $829 billion Abu Dhabi Investment Authority is pushing deeper into the US and real estate investments, tapping into opportunities…
Dubai tenants find it cheaper to stay in existing apartments as rents soar
Tenants in Dubai are increasingly opting to stay put and renew their existing apartments rather than moving to a new…
Knight Frank launches new office in Qatar, 6th in the Middle East
Global real estate professional services firm Knight Frank has launched a new office in Qatar, its sixth in the Middle…
Saudi Crown Prince unveils new PIF company to develop downtowns in 12 cities
Crown Prince Mohammed bin Salman, Chairman of the Public Investment Fund (PIF), announced on Monday the launch of Saudi Downtown…
Dubai records over $381mln in realty transactions on Monday
Dubai real estate market recorded 385 sales transactions worth AED 1.04 billion, in addition to 95 mortgage deals of AED…
Dubai sets new record with sale of Palm Jumeirah mansion for $82m
A mansion built on Dubai’s Palm Jumeirah island has become the most expensive home to be sold in the Gulf…
Christie’s International Real Estate Dubai opens at Dubai World Trade Centre
Christie’s International Real Estate Dubai is delighted to announce the opening of its new office at the Dubai World Trade…