Areas near Dubai registering biggest increase in apartment prices Prices for apartments and villas in Sharjah are on the rise, with areas close to the neighbouring emirate of Dubai showing huge increases, according to the latest data released by Property Finder on Wednesday. The...

The sales covered 194 units, 31 buildings, and 58 land plots, while the mortgages included 20 units, 5 buildings and 23 land plots DUBAI - Dubai’s real estate market recorded 283 sales transactions worth 580.54 million and 48 mortgage deals of AED104.87 million in addition to 12 gift...

Confident of meeting full-year expectations on recovery in all markets Dubai-based payments processor Network International has posted a net profit of $15 million for the first half of 2021, compared with a net loss of $936 million for the same period in 2021. It had revenues of...

Accumulated losses reach $1.3mln as of June 2021 Dubai-listed contractor Drake & Scull International (DSI) has reported a net profit of 78 million dirhams ($21.2 million) for the first half of 2021. The company’s revenue increased to 82 million dirhams from 78 million dirhams...

The Ministry of Health and Prevention (MoHAP) announced 1,089 new coronavirus cases, bringing the total number of recorded cases in the UAE to 705,089. The Health Ministry stressed in a statement on Wednesday that its aim to continue expanding the scope of testing nationwide to...

Property management company Asteco says gradual recovery continues in Q2 2021, with price surges in some area Dubai villa prices surged as much as 27 percent in the second quarter of 2021 as the UAE real estate sector continued its path to recovery. According to property...

Dubai Airshow 2021 will serve as the ultimate testament to the industry’s steady recovery and growth and firmly establish Dubai as the leading global aerospace hub: Sheikh Ahmed bin Saeed Al Maktoum DUBAI - The Dubai Airshow 2021, set to take place from 14th-18th November 2021 at Dubai...

The study revealed that more than half of consumers surveyed (52%) continue to shop online with no signs of slowing down DUBAI - UAE consumers have become increasingly savvy about digital payments, according to a survey conducted by Dubai Police, Dubai Economy (DED) and Visa....

Savills said prime property values are growing at their fastest rate since 2016 Dubai’s prime residential properties have witnessed above-average capital growth over the last six months, according to real estate services provider Savills. The city’s residential property market saw...

Fellow Dubai state-owned carrier Flydubai earlier has also suspended flights to Kabul DUBAI - Emirates has suspended flights to Afghanistan's capital Kabul until further the notice, the airline said on its website after the Taliban militant group on Sunday entered the city....