properties in dubai
Emaar Development PJSC, the build-to-sell property development business of Emaar Properties, reported a 73 per cent increase in the second quarter net profit to Dh997 million, compared to Dh575 million during the same period last year. Revenue for the quarter soared 145 per cent year on year to Dh3.72 billion compared to 1.52 billion a…
Landlords of residential properties in Dubai are increasingly upgrading and reinvesting in their old properties to keep pace with the large volume of new supply being handed over across the city. Unless they do this and offer incentives, they stand to lose tenants who are now opting to live in brand new and professionally managed…
As Dubai’s retail real estate footprint continues to aggressively expand, analysts say development efforts may be moving in the right direction, in tune with a global trend. The key: innovation, particularly in food and beverage (F&B) concepts. According to CBRE’s retail science research report, How Global is the business of retail, the continued success of…
Property owners scouting in Abu Dhabi will need to get their timing absolutely right. Wait around and they could see property values spike as and when the full impact of the Dh50 billion stimulus package starts being felt by key sectors in the emirate. The package, announced in June, specifically addresses extended visa requirements as…
Owning a home is a keystone of wealth… both financial affluence and emotional security.