Real estate 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…
According to a survey by Beyond the Bricks, more than 80 per cent of UAE residents have a desire to buy their own house within the next five years. Unless there is a large amount of liquid assets or savings at their disposal, the only easy way to materialise this dream is through a mortgage…
Off-plan residential transactions in Dubai for the first six months of 2018 totalled 9,437 units, down 20 per cent from last year’s 11,805 during the same period. The gap could have been wider had it not been for the 2,006 homes sold as off-plan last month, and the first time this year that monthly sales…
The different ways to create “happy real estate” was a hot topic at the recent Happy Cities FIABCI World Real Estate Congress in Dubai. While delegates concurred that happiness largely comes from within, the community one chooses to live in plays a major role in enhancing wellbeing. “Understanding who you are, your own core values,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.