May 16, 2018 no comments 81
New report from Core Savills shows prices dipped most sharply in central areas such as Downtown Dubai and Dubai Marina Real estate sales prices have continued to soften across most of Dubai along with widespread rental declines, according to a new report from consultants Core Savills....

May 16, 2018 no comments 76
Upon completion in 2022, Uptown Al Zahia will be home to more than 700 families, says developer Sharjah Holding, a partnership between Majid Al Futtaim - Properties and Sharjah Asset Management, has launched Uptown Al Zahia. The newest neighbourhood in Al Zahia, Sharjah’s lifestyle...

May 16, 2018 no comments 78
Pass offers year-round access to Ferrari World Abu Dhabi, Yas Waterworld as well as the Warner Bros World Abu Dhabi Yas Island, Abu Dhabi’s leisure and entertainment destination, has announced the launch of its new annual pass. The pass offers year-round access to Ferrari World Abu...

May 16, 2018 no comments 77
Chinese financial institutions now make up nearly a quarter of total assets booked in Dubai International Financial Centre Chinese financial institutions make up nearly a quarter of total assets booked in Dubai International Financial Centre (DIFC), according to latest figures. The...

May 16, 2018 no comments 72
The report forecasts that the MENA region power capacity requirements are expected to increase at an annual rate of 6.4 percent until 2022. The UAE has done impressive work to stay on track with the renewable energy targets and with phases 3 and 4 of the Dubai Solar Park to begin...

May 16, 2018 no comments 73
Landlords in Dubailand and Jumeirah Village get more competitive to avoid long periods of vacancy. With the onset of an early Ramadan followed by summer, rental softening in Dubai is expected to continue for the remainder of 2018. After being relatively resilient over the last 2 years,...

May 16, 2018 no comments 82
Islamic insurance provider unveils new identity and opens new HQ adjoining Sheikh Zayed Road. Islamic insurance group Takaful Emarat’s recent rebranding exercise is part of its strategy of achieving more direct sales from customers, as opposed to relying on insurance brokers, according to...

May 15, 2018 no comments 107
Aldar Properties made a net profit attributable to owners of $182.2mln in the three months ending March 31, 2018 ABU DHABI - Aldar Properties, the largest developer in Abu Dhabi, on Tuesday reported a five percent rise in first quarter profit, beating estimates. The state-linked builder...

May 15, 2018 no comments 88
Nakheel Mall, The Pointe and Nad Al Sheba villas all set to generate revenue for the firm by year end, Lootah says Dubai property developer Nakheel is set to add a further 1 billion UAE dirhams ($272.3 million) to its recurring revenue by the end of this year, according to the company's...

May 15, 2018 no comments 66
The surplus is expected to continue into 2019 at 1% of the GDP as higher-than-expected oil prices offset an uptick in government spending UAE - The surplus is expected to continue into 2019 at one per cent of the GDP as higher-than-expected oil prices offset an uptick in government...

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