Remote working will demand bigger units and more flexible leases in UAE says report
The growth of remote working across the Emirates is changing demand for residential real estate according to a new report…
Property & Real Estate
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Barwa eyes development of land stock to boost revenues in 2021
Barwa Real Estate Company is keen to increase revenues via a “balanced mix of operational projects,” which meet the needs…
Dubai's Damac Properties to raise stake in overseas subsidiary to 45% from 20%
Damac Properties’ plans to seek a higher profile in overseas markets has gotten a boost, with the Dubai developer raising…
Damac Properties increases stake in international unit developing London Nine Elms
Damac Properties is increasing its stake in its international unit developing the flagship Nine Elms project in London. The…
UAE firm picks Paris to sign biggest ever real estate deal
Gulf Islamic Investments, a financial services firm that oversees nearly $2 billion, has made its largest-ever real estate deal by…
Dubai risks driving out stock investors as top firms delist
Betting on Dubai to deliver uninterrupted success as a tourism and entertainment hub is turning into a costly business for…
Dubai-listed Emaar Properties and Emaar Malls announce merger plans
Emaar Properties and Emaar Malls – both listed on Dubai Financial Market (DFM) – jointly announced plans for an all…
Saudi Arabia plans to move real estate transactions onto digital platform
A planned digital platform will allow properties to be bought and sold in Saudi Arabia, Saudi Minister of Justice, Walid…
Driving consolidation: Dubai's Emaar set to merge its malls, properties business
The board of directors of Dubai’s Emaar Properties and Emaar Malls have voted to recommend an all-share merger to their…
UAE Ministry of Economy extends anti-money laundering compliance date for four business categories
The UAE’s Ministry of Economy has extended the grace period until March 31 for certain business categories to be in…
DAMAC Properties mulls increasing stake in DAMAC International Limited
Dubai’s DAMAC Properties PJSC has announced that its board will consider increasing its stake in part-owned subsidiary DAMAC International Limited.…
UAE's MPM Properties sees opportunities in Abu Dhabi residential market
MPM Properties has published its Q4 2020 Real Estate Market Overview for Abu Dhabi, confirming that the property market in…