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Dubai Land Department completes 1,508 transactions worth Dh3.4 billion in 5 weeks

Dubai, UAE: Dubai Land Department said, it has completed 1,508 transactions worth Dh3.4 billion in 5 weeks through escrow accounts. “During the past five weeks, business...

Danube Properties launches Dh400 million Olivz, the first project announcement in Dubai in 2020

Staff Report Danube Properties, the UAE-based affordable housing pioneer and one of the most dynamic and popular private real estate developers in the UAE, has launched Olivz, a...

Damac Properties reports Dh36.8 million losses in 2019

Dubai, UAE Damac Properties, the largest private real estate developer in Dubai recorded a Dh36.87 (US$10 million) net loss in 2019, compared to Dh1.15 billion...

71,000 new homes to drive UAE property prices further down

Dubai, UAE, Property prices in the UAE continue to soften despite showing signs of improvement in 2019, according to a latest report by Knight Frank....

Abu Dhabi-based ESIC invests Dh1 billion to acquire two mixed-use properties

Abu Dhabi, UAE Emirates Strategic Investments Company (ESIC), an Abu Dhabi-based investment company, said it has acquired two iconic, income-generating, mixed-use properties in the United...

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