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Fit Social, One Stop Health, Fitness and Lifestyle community at Dubai Women’s Association premises
Fit Social, a new health, fitness, wellness and lifestyle destination for women, is now open for membership, from women who wants to remain fit and enjoy a healthy and long life. The launch campaign offers 30% discount. Dubai, UAE; March 21, 2023 A women-only health, fitness, wellness and lifestyle destination has been opened at the […]
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Indian realtor Roha Realty announces entry into Dubai market as it wins the Business Titans Award in Dubai
Roha Realty, a Mumbai-based real estate developer, is set to open a sales and marketing office in Dubai, Singapore and Hong Kong, as part of its plan to attract investment from Non-Resident Indians (NRIs) from across the world through these three markets, a top official said. The developer, whose development portfolio consists of eight delivered […]
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Dubai Land Department records highest transaction to Dh55.51 billion in Q1
Land and property sale transactions jumped to 20,539 to Dh55.51 billion in the first quarter of 2022 – the highest in record, according to Dubai Land Department. Of these transactions in the secondary market dominated with 58.05 percent of the total sales while the off-plan market represents 41.95. The first quarter of 2022 recorded the […]
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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 and reward them. Awards are one good way to recognise and reward them. Awards International, which excels in developing industry awards, has recently launched the International Business Excellence Awards to promote transparency, best practice and […]
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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 […]
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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 million (US$94 million), in the first half of 2020, compared to Dh1.13 billion (Dh308 million) recorded in the corresponding period last year. Shopping malls in Dubai were closed down for nearly two months from March […]
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Emaar Properties records 20% increase in Q3 net profit
Dubai, UAE Emaar Properties PJSC, recorded a 20 percent increase in net profit to Dh1.33 billion(US$362 million) in third quarter (July to September) of 2019, compared to the net profit of Dh1.11 billion (US$302 million) recorded during the same period in 2018. Revenue of Emaar also grew 14 per cent to Dh6.07 billion (US$1.65 billion) […]
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Cities that adapt to new economic models compete best in real estate sector
UAE Cities that adapt to new economic models, such as the innovation economy, experience economy, sharing economy and circular economy, will enjoy new sources of real estate demand and attract higher cross-border investment, according to a latest report by Jones Lang LaSalle (JLL), a global real estate advisory. The report titled ‘Demand and Disruption in […]
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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 project, creating a new milestone in real estate sector. The UAE developer reached the milestone following an exceptional sales performance in the year so far, which has been driven by […]
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Drake & Scull International puts travel ban against former manager, seeking seizure of properties
Dubai, UAE The new management of the troubled construction company Drake & Scull International, said, it has secured a travel ban against an executive manager of the company and sought seizure of his properties to recover losses made by the previous management. “DSI has already filed 15 criminal complaints against the previous management, members of […]
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