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...
Maltese real estate offers 7-10% Returns
Dubai
International investors and property buyers could benefit from a relatively high return of 7-10 percent on investment in to Maltese real estate assets, officials...
Global construction output growth will decline to 2.7% in 2019, says GlobalData
Dubai, UAE
Global construction industry growth pace to decline to 2.7 percent in 2019, said a latest report by GlobalData, a leading data and analytics...