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DLD fines three developers Dh1.5 million for non-compliance with escrow regulations

Staff Report, Dubai, UAE Dubai Land Department (DLD) has fined three developers in Dubai Dh500,000 each for promoting and marketing real estate projects without completing the...

Deyaar posts profit of Dh77.5 million in Q1 2024, up 38% YOY

Staff Report, Dubai, UAE Deyaar Development PJSC, a leading real estate developer and service provider in Dubai, UAE, has reported a 38 percent year-on-year (YoY) increase...

Sharjah records real estate transactions worth Dh1.7 bn in April ‘24

Staff Report, Dubai, UAE The volume of real estate transactions in various regions of Sharjah has reached Dh1.7 billion during April 2024, a 45 percent drop...

Emaar’s net profit grows 16% to Dh4.3 billion in Q1 2024

Staff Report, Dubai, UAE Emaar Properties PJSC, a global property developer based in the UAE, has recorded net profit before tax of Dh4.3 billion, exhibiting 16...

Dubai’s residential market records highest quarterly transaction volume of 35,100 units in Q1 ‘24

Staff Report, Dubai, UAE Dubai’s residential real estate market has marked its highest quarterly growth in the first quarter of 2024, exhibiting 35 percent quarter-on-quarter increase...

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