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Arada sells 5,000 units as interest in new communities in Sharjah gathers pace

Sharjah, UAE Sharjah-based property developer Arada said, it has sold 5,000 units, a little over two and a half years since it launched its first...

Farhad Azizi 2.0: Towards Sustainability

Gulf Property Exclusive Dubai While the going gets tough, the tough get going. As the real estate market faces another challenging phase with looming oversupply that...

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...

Dubai real estate contribution to GDP nearly doubles to 13.6% in 2018

The total value of real estate transactions fell 27.8 percent in 2018 to Dh223 billion, declining from Dh285 billion in 2017, according to statistics...

UAE-based IBC Group to acquire 10,000 holiday homes worth US$5 billion in Dubai

Berkshire Hathaway HomeServices Gulf Properties mandated to execute transactions exclusively UAE-based IBC Group said, it intends to acquire 10,000 premier properties in Dubai, worth US$5...

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