 | Commercial News from United Arab Emirates 
We source and regularly update only the most relevant property news items in United Arab Emirates and place them at your fingertips. For press and media professionals please go to our Press & Media Section.
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LATEST NEWS
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UAE real estate developer RAK Properties has revealed a fourth-quarter profit drop of almost 74 per cent. The company, which is based in Ras Al Khaimah, revealed a profit of 50.9 million AED (9....
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- Abu Dhabi Real Estate Investment Show Flops
The Abu Dhabi Real Estate and Investment Show has been hit hard by the global do...
- Mixed results expected for Dubai developers
Fourth quarter results for a number of Middle Eastern property development firms...
- Union Properties to issue bonds
Union Properties, a Dubai-based real estate developer that's building F1-themed ...
- Deyaar sets up unit to acquire distressed assets
Deyaar Development has created a strategic planning division through which it is...
- Alwaleed reviews portfolio after loss
Saudi billionaire Prince Alwaleed bin Talal is reviewing his investment portfoli...
- HSBC Cuts Emaar's Target price to Dh8.5
HSBC Holdings Plc slashed its price estimate for property giant Emaar Properties...
- HSBC Bank Devalues Emaar Properties in Dubai
Emaar's Dubai Marina HSBC Plc slashed its price estimate for property giant Emaa...
- Istithmar World lays off 13 employees
Istithmar World, the investment arm of Dubai World, has downsized its workforce ...
- Commission-only realty agents in UAE
Real estate agencies in the UAE are increasingly recruiting estate agents on a c...
- Dubai Land Deals Rake In Dh7.32b For December
The value of land transactions exceeded Dh7.32 billion last month, according to ...
- Outlook downgraded for Dubai developer
One of Dubai's largest property developers has seen its outlook downgraded by on...
- Jumeirah announces expansion plans for Wild Wadi Water Park
Jumeirah, the Dubai-based luxury hotel group and a member of Dubai Holding, has ...
- Emaar may invest in Philippines' mining sector through JVs
Emaar Properties is looking at investing in the Philippines mining sector using ...
- Dubai developer Nakheel to delay flagship projects and seek public funding
Palm developer Nakheel is putting some of its flagship projects on hold and cons...
- Ex tennis pro to buy Dubai property
Former tennis player David Lloyd is moving into the overseas property business, ...
- Al Qudra has big plans for the Dubai real estate market this year
Al Qudra, one of the top Abu Dhabi property leaders, is planning to enter the Du...
- DIRC, Gowealthy.com launch new project at Ritaj community
Dubai Investments Real Estate Company (DIRC) in alliance with Gowealthy.com, the...
- Omniyat freezes all projects and lays off 50 employees to help deal with financial crisis
(Arabic) As part of the effort to deal with the ongoing financial crisis, Omniya...
- UAE Developer Tamweer Fires Half its Workforce
UAE-based developer Tamweer is to lay off around half of its workforce amid the ...
- More mergers and consolidation in Gulf property and finance sector expected
Small developers in the Gulf will have to consolidate and merge in order to get ...
- Property investors in Dubai offered easier payment terms
More real estate companies and developers are offering easier payment terms for ...
- Projects In Dubai To Continue As Scheduled
Nasser Al Shaikh, Director-General of Dubai Department of Finance, has stressed ...
- UAE's Landmark Crosses Dh8b Mark in Property Sales
At the backdrop of the financial crisis, Landmark Properties announced that it h...
- Damac cuts jobs
Damac, Dubai’s largest private property developer said that it was cutting 200 j...
- Oasis Group buys The World's Island D43
Oasis Group has announced that it has signed a Purchase Agreement with Nakheel f...
- Foreign buyers prefer local partners for UAE realty
About 78 per cent of cross border acquisitions of properties in the UAE were thr...
- Kuwait: Abyaar Posts KD24.33 Million Net Profit
Abyaar Real Estate Development, one of the leading luxury developers in the Midd...
- Waha funds for 'expansion to be revised upwards'
Abu Dhabi's Waha Capital will increase its Dh20 billion investment plan to 2011,...
- Istithmar World opens second office in New York
Istithmar World, the investment arm of Dubai World, has opened its second intern...
- IDC to build Abu Dhabi hotel
Manama-based Ithmaar Development Company (IDC) is set to launch a five-star hote...
- Dubai residential and office property markets will continue to soar due to lack of supply
Property prices in Dubai are expected to continue soaring next year, but not at ...
- Premier Inn to develop hotels in RAK and Umm Al Quwain
Premier Inn, the British budget hotel chain that has a partnership with Emirates...
- Qatar and Vietnam set up $1bn fund
Natural gas exporter Qatar and Vietnam have set up a $1 billion fund to invest i...
- Ferretti and ACI unveil luxury projects
ACI Real Estate and Ferretti Group launched two luxury waterfront residences, Fe...
- 3,458 Complaints Against Emirati Developer
A total of 3,458 complaints have been filed against Emirati businessman Abed Al ...
- Select Grp & Select Property Plan AED 678mn Project
The Dubai-based Select Group and the UK based property developer Select Property...
- Casamia Star sells 25% of Tulip Residence in Ajman
Casamia Star Gesamplanung Real Estate, a German developer and brokerage firm, ye...
- Global office property sales decline 60% in first half
Global office property sales fell 60 per cent to $108 billion (Dh396.69bn) in th...
- UAE's GIO Awards G-Emporium Contract to Simplex
Galadari Investment Office (GIO), the luxury holding group wholly-owned by Rashi...
- Al Rashed Announces AED3.6b Tower Project
Al Rashed Real Estate unveiled freehold commercial and residential towers worth ...
- Dubai Industrial City to Construct Four AED200 Mn Office Buildings
Dubai Industrial City, a member of Tatweer, today announced construction work fo...
- UAE largest Arab destination for foreign capital
The UAE attracted more than $35billion (Dh129bn) in foreign direct investment be...
- Dubai land deals reach Dh413 million
The total value of land transactions in Dubai peaked at Dh413.64 million on Tues...
- Dheeraj & East Coast Breaks Ground for AED 615 mn Culture Village Projects
Dheeraj & East Coast LLC (DEC) today broke ground for the AED 615 million projec...
- Dubai's Skyscrapers Prices on the Rise
(Arabic) Fuel and cement high prices boosted construction prices in UAE......
- Trillium sale is hit as bidder pulls out
The £1.4bn sale of Land Securities’ outsourcing arm Trillium has taken another t...
- Demand for Dubai's marine transport to rise
With more offshore infrastructural developments in Dubai reaching their final st...
- Memon to build Dh30m facility in Ajman
Memon Group of Companies has announced construction of new Dh30 million facility...
- Azizi Investments confirms Mina Rashid land purchase
Azizi Investments, the Dubai based multi national property developer, has confir...
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