Dubai hotel receives $40.8mn financing from Mashreq Bank
Omniyat has announced that it has secured a financing of $40.8 million from Mashreq Bank for the fit-out of its…
Property & Real Estate
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Sharjah developer signs finance deal with Dubai Islamic Bank
Alef Group, a Sharjah-based real estate developer, has signed an agreement with Dubai Islamic Bank to provide sharia-compliant funding for…
Ajmal Makan Sharjah Waterfront City eyes good business at IPS
Ajmal Makan Sharjah Waterfront City project – one of the most iconic freehold properties built on the emirate’s coast –…
Dubai’s long-awaited stats show economic growth slowed below 2%
Investors got their first chance in months to size up how Dubai’s economy has fared during a downturn in its…
High demand for freehold at Dubai Property Festival
Several major deals were closed by the key participating players in the first two days of Dubai Property Festival (DPF),…
Omniyat secures $41m financing for fit-out of its Dubai hotel in The Opus
Omniyat has announced that it recently secured a financing of $41m (AED150m) from Mashreq Bank for the fit-out of its…
Ayana Holding to establish new property division to target investments outside the GCC
Growing investment opportunities across global property markets, especially Europe and South East Asia, combined with the increasing wealth among GCC…
Abu Dhabi’s property market gets first taste of post-handover payments
Launch a tower? Build a high-profile waterside project? Offer post-handover payment plans of three years or so on both of…
Dubai's "The Heart of Europe" launches $5bln real estate investment to Danish investors
Kleindienst Group, will host VIPs at the UAE embassy in Copenhagen at a prestigious event to present this iconic and…
Kuwaitis' flats can be rented to expat bachelors
The head of the committee formed to follow up the phenomenon of bachelors living in private residential areas, says there…
Aldar investments sells Al Murjan tower
Aldar Investments is pleased to announce that it has completed the sale of Al Murjan, a residential tower in Abu…
Time to put to rest oversupply fears in Dubai real estate
There is a trend in the Dubai property sector I have been observing for several years. Every quarter or so…