Deyaar Development Midtown projects near 50% mark

Deyaar Development, one of Dubai’s leading real estate service providers, has said that progress is being made on its Afnan and Dania...

Property

DLD issues 500,000 real estate permits through Trakheesi system

Working in-conjunction with the Real Estate Regulatory Agency (RERA), the Dubai Land Department (DLD) has issued nearly 500,000 real estate permits to...

Consultant

Aldar Properties launches Aldar Investments

Aldar Properties, the UAE-based real estate developer, has announced the launch of Aldar Investment Properties, the largest diversified real estate investment company...

Construction

KSA approves creation of new real estate authority

Saudi Arabia’s cabinet has approved the conversion of the State Property Department into a general authority – the General Real Estate Authority,...

Consultant

Dubai Metro will earn city $63bn by 2030; over four times its cost

The Dubai Metro will generate $63 billion for the cities economy by 2030 according to a joint study by Dubai Roads and Transport...

Construction

DLD: 14,000 properties completed in Dubai in first eight months of 2018

The Dubai Land Department (DLD) has revealed that 47 projects have been completed to date in 2018, including 10,000 apartments, 364 residential...

Construction

Global Realty Partners completes Arjan project on time

Dubai-based developer Global Realty Partners says it has "finished casting the final slab" of its still unnamed project in the Arjan district...

Property

Union Properties announces profit of $6.7m in Q2 2018

Union Properties, the Dubai-based developer, has announced a profit of $6.7 million attributable to shareholders for the second quarter of the year,...

Analysis

Analysis: Dubai rents in decline in Q2 2018

There continues to be a decline in villa and apartment rental rates and sales prices in Dubai, according to a new report...

Construction

Aurora delivers $45.7m Hyati Residence to Dubai market

Aurora Real Estate Development, a UAE-based boutique real estate development company, has announced the completion and delivery of its milestone project, Hyati...