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Ithra Dubai partially opens the Dh5 billion Deira Enrichment Project

Gulf Property Exclusive Dubai Ithra Dubai, a Dubai Government-owned master developer of the Dh5 billion Phase 1 of the Deira...

Gulf Property partners with International Business Excellence Awards to support real estate sector

Dubai, UAE: As businesses undergo migration in systems, services and transformation to offer better services, it is important to recognise...

Sobha Realty to launch US$15 billion mega township project

Sobha Realty, a UAE-based developer, will soon launch a mixed-use master-planned community that could be four times larger than its...

Emaar Properties’ H1 net profits fall 35.48% to Dh2 billion due to Covid-19

Dubai, UAE Emaar Properties’ net profit for the first half of 2020 plunged 35.48 percent to Dh2 billion mainly due...

Emaar Malls profit plunges 69% to US$94 million in first half of 2020

Dubai, UAE Coronavirus pandemic and subsequent lockdown caused a 69.48 percent fall in the net profits of Emaar Malls to Dh345...

Construction of the Heart of Europe’s Côte d’Azur Resort on Fast Track for Completion in Q4 2020

The elevations of the four hotels resort Côte d’Azur that will offer a wide variety of European hospitality at the Heart of...

Arada awards Dh423 million construction contract to build 16 residential buildings in Dh24 billion Aljada township

Sharjah, UAE Sharjah-based real estate developer Arada said it has awarded a Dh423 million (US$115.25 million) construction contract to Best...

Sharjah to develop new tourism projects in Khorfakkan, Kalba, Al Dhaid and Mleiha

Dubai, UAE Sharjah Investment and Development Authority (Shurooq), the investment promotion and asset development arm of Sharjah Government, said, it...

Azizi Developments say it will inject Dh3.5 billion to construct stalled projects

Dubai, UAE Azizi Developments, a Dubai-based property developer, said it plans to invest over Dh3.5 billion in the next 2-3...

Project News

Ithra Dubai partially opens the Dh5 billion Deira Enrichment Project

Gulf Property Exclusive Dubai Ithra Dubai, a Dubai Government-owned master developer of the Dh5 billion Phase 1 of the Deira Enrichment Project, opened the first four buildings, part of District 3 of Phase 1 of the massive mixed-use master-planned community, for tenants to move in to the first such major development on the Deira side […] Read More

Realty Bytes

Emaar Properties’ H1 net profits fall 35.48% to Dh2 billion due to Covid-19

Dubai, UAE Emaar Properties’ net profit for the first half of 2020 plunged 35.48 percent to Dh2 billion mainly due to Covid-19 pandemic and subdued demand, down from Dh3.1 billion recorded in the corresponding period last year. The developer of Burj Khalifa – the world’s tallest tower recorded revenues of Dh9.03 billion (US$2.46 billion), despite […] Read More

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