Damac Properties reports net loss despite rise in revenue

Damac Properties has reported a total revenue of AED 4.7bn for the year 2020, which, though higher than the AED 4.4bn recorded...

Emaar unveils ‘Collective’ community living concept

Emaar Development has announced the ‘Collective’, a new project that is said to offer an innovative concept for co-living spaces in the...

After its initial boom, when the Dubai property market plummeted into its recession between 2007 and 2010 it took some time for...

Values across Dubai’s residential investment areas continued to moderate during Q2 2017, dipping by an average of 1.5%. This leaves the annual...

Danube Properties has started the construction of its first two projects in Dubai, worth a total of almost £220 million, the company...

Gulf-based contractors are still vulnerable to contract disputes and have not fully absorbed the lessons of the Dubai property crash, a leading...

The developer of the world’s tallest building, Emaar Properties has sounded an upbeat note on the future prospects of the real estate...