Category: Blogs

Dubai property nets Dh162 billion in first 9 months of 2018

Dubai property nets Dh162 billion in first 9 months of 2018 Dubai’s real estate market recorded 39,802 real estate transactions worth Dh162 billion from the beginning of 2018 till the end of September, according to a report released by the Dubai Land Department (DLD). This compares to Dh204 billion worth of real estate transactions achieved […]

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Is now the time to be brave?

Is now the time to be brave? The most common question from potential buyers in today’s market must be, “is now the right time to buy?” The answer is far more reliant on an individual’s circumstance rather than a macro view of the market. However, in general terms a cyclical property market offers different opportunities […]

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Emaar seeks partners to develop Indian land plots

Emaar seeks partners to develop Indian land plots Sitting on a huge land bank of 4,500 acres across India, Dubai-based Emaar Properties is looking for partners to develop some of the land parcels that it does not intend to construct. Emaar India’s new CEO Prashant Gupta said the company has also chalked out a plan […]

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Dubai Creek Harbour to unveil marina in December

Dubai Creek Harbour to unveil marina in December Dubai Creek Harbour has unveiled the Creek Marina in the heart of Creek Island Dubai, the residential and leisure district of the six square kilometre mega-development. The waterfront destination will be home to residences, parkland, restaurants, cafes and entertainment venues. A boulevard encircles the Creek Island Dubai. […]

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Developers hail game-changing visa reforms

Developers hail game-changing visa reforms The major changes to rules around UAE visas will have an impact on the local property market. The new laws have the potential to bring a sense of permanence in the way many expats live and work in the country. Residents are increasingly likely to consider property ownership in the […]

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Work begins on Emaar Beachfront

Work begins on Emaar Beachfront Emaar Development has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront. Site mobilisation and enabling work has commenced with the hand-over of homes scheduled for the third quarter of 2021. Emaar launched the sale of Beach Vista earlier this year. All 375 residences were […]

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10-year visa: More expats will invest in freehold homes

10-year visa: More expats will invest in freehold homes A similar visa residency initiative was what sparked the 2002 freehold boom The UAE’s decision to allow for longer term residence visas and 100 per cent foreign ownership in companies is expected to have a significant impact on the property market, both residential and commercial. End-user […]

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Nakheel posts Dh1.55 billion Q1 profit

Nakheel posts Dh1.55 billion Q1 profit Nakheel made a net profit of Dh1.55 billion in the first quarter of 2018, up 5 per cent on Q1 2017. The developer had posted a net profit of Dh1.67 billion in Q4 of 2017. The master developer handed over nearly 200 land and built form units to customers […]

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Why Dubai South is in the right place at the right time

Why Dubai South is in the right place at the right time The proximity to abu dhabi and nearby entertainment and theme parks will the help hospitality and travel and tourism industries in Dubai South, where the Expo 2020 will take place, to sustain growth in the period after Expo 2020 Dubai, industry executives said […]

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