Dubai’s government-owned developers must now focus on rentals
There is one way to drastically reduce the risk of oversupply in Dubai’s property market — get government-owned developers to…
Property & Real Estate
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Fitch predicts property weakness to hit UAE bank assets, loan restructurings
A weakening property market in the United Arab Emirates, where prices have fallen by more than 20% since their peak…
Middle East property investors still favour UK and US
As UAE and regional developers continue to unveil both luxury and affordable real estate across the Gulf, regional investors are…
Real estate sector contributes 13.6% to Dubai’s GDP in 2018
The real estate sector in Dubai has achieved positive performance in 2018, boosting the emirate’s GDP growth, according to a…
UAE- Emaar inks final terms for $500m sukuk
Emaar Properties on Tuesday said it had signed final terms with the lenders related for the issuance of $500 million…
Exclusive: UAE still a ‘dynamic’ property market … Here’s why!
At a time when the general business sentiment in the property market is gloomy due to the evident oversupply and…
Aldar Properties inaugurates new Provis and Khidmah headquarters in Yas Mall
Aldar Properties on Monday inaugurated its new Provis and Khidmah headquarters in Yas Mall as part of the company’s efforts…
Altico misses interest payment, underlining stress in realty market
Altico Capital India Ltd, a lender to real estate companies, said it has defaulted on interest payments worth ₹19.9 crore…
Saudi Arabia's banking regulator sees mortgage market doubling in next few years
Saudi Arabia’s banking regulator expects the kingdom’s relatively small mortgage market to double in size within the next five years…
Dubai's Emaar Properties sells $500 million 10-year sukuk
Dubai's largest listed developer Emaar Properties is set to raise on Tuesday $500 million from the sale of Islamic bonds,…
ENBD REIT Completes Share Buy-Back Programme
ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced that it…
Aldar launches first residential community on Saadiyat Island
UAE-based Aldar Properties has launched its first residential community in the heart of Saadiyat Island – Saadiyat Reserve. The Dh722-million…