• 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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  • 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 told a group of media from the GCC. This is one of the highest rental returns from real estate in the world. According to global real estate market advisory Knight […]

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  • Eagle Hills awards MJM main construction contract for Kalba Waterfront project

    Dubai Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, has awarded the contract for the main construction works of Kalba Waterfront in Sharjah to MJM Contracting LLC. The contract involves the architecture, infrastructure and landscaping of the mall, which once complete will offer residents and visitors of […]

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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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  • 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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