News
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…
Millennials in Dubai (aged between 25 to 37 years on average) are slowly stepping on to the property bandwagon, owing to attractive payment schemes and reduced housing prices. Up until a few years ago, the high barriers to entry in the UAE property market made most millennials resort to renting instead of owning a home….
Private sector developers are steadily handing over projects in Dubai. One such boutique developer is Aurora Real Estate which has handed over its development in Jumeirah Village Circle (JVC) and is now gearing up to deliver another project in International City this year. Only seven units remain to be sold in the Dh168 million Hyati…
There were between 4,000 and 5,000 beds dedicated to students across 20 projects in the previous year, according to a JLL research. Nine of the projects are located off campus but are university affiliated, eight are on-campus and three are private purpose-built student accommodation (PBSA). Most of the off-campus accommodations and PBSAs are located in…
Owning a home is a keystone of wealth… both financial affluence and emotional security.