• 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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  • 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 is putting additional pressure on prices and rents, most real estate companies are undergoing belt-tightening exercises to make their operations lean in order to manage business activities on tight […]

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  • 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 revealed by Dubai Land Department (DLD). More than 31,000 investors and property buyers sold and purchased land and properties worth Dh223 billion through 41,000 transactions in 2018, DLD said. “The real […]

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  • Deyaar profits plunge 43.7% to Dh36.7 million in H1 2019

    Dubai, UAE Deyaar Development, one of Dubai’s leading property developers and real estate service providers, reported a 43.7 percent drop in net profits for the first half of 2019, to Dh36.7 million, down from Dh65.2 million recorded in the second half of 2018. The company reported revenues of Dh337.6 million in H1 2019, an increase […]

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  • AAA Associates becomes the first Gulf-based immigration advisory to open an office in the Caribbean

    Dubai-based AAA Associates immigration advisory has expanded its operation in the Caribbean region by opening an office in Dominica that will help the company serve its growing immigration clientele better and offer greater services till they obtain a their second passport.  AAA Associates is the first Middle Eastern based immigration consultancy to open an office […]

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