News
Master developer Nakheel is investing Dh15 million to increase boat mooring capacity on the Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600. New marinas are on the way at Nakheel’s Azure Residences waterfront apartment and restaurant complex on the island’s eastern trunk, and at The Pointe,…
RAK Properties reported a net profit of Dh29 million for the first half of 2018. The total revenues of the firm listed on Abu Dhabi bourse touched Dh75.43 million, the company said on Thursday in a statement without giving the comparative figures for the last year. “The Company is making significant headway on residential projects…
Developers in Abu Dhabi who do not register their residential units with the municipality will be subject to a Dh10,000 fine. A Dh1 million fine will also be incurred by developers for late projects. This as the new rules and regulations for real estate developers are slated to come into effect at the end of…
Got a ready apartment in Sports City? If so, then there is a better chance of selling that unit, according to the transaction numbers for Dubai’s freehold space over the first seven months. In fact, Sports City is the sole apartment cluster to record a net gain in sales compared with a year ago —…
Owning a home is a keystone of wealth… both financial affluence and emotional security.