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Committed to creating and delivering unique experiences, Meraas, a Dubai-based holding company, has announced the ‘Dubai Arena’, a new state-of-the-art multi-purpose arena. Spanning an area of half a million square feet and with an approximate capacity of 20,000, the arena is set to enhance Dubai’s leisure and entertainment offering and become the ‘go to’ venue…
Nasdaq Dubai-listed Emirates REIT said rental income rose by 19.7 percent to $11.4 million (AED41.84 million) in the third quarter of 2016 compared with $9.5 million (AED34.86 million) in the same period last year. The unaudited results, released on Monday, said total property income for nine months of 2016 increased by 22 percent to $36.3…
One-bed flats post biggest decline, according to latest market data Dubai: Housing rents are still getting cheaper for many tenants in Dubai, according to the latest real estate market data. Rents in the emirate fell by 2 per cent over the last three months to average Dh3,000 less per year than in the second quarter….
In recent months, these have been pushing comfortably past 50% of all apartment sales Dubai: UAE banks are certainly comfortable with what they are seeing in Dubai’s real estate — mortgage transactions (including refinancings) are now averaging close to 50 per cent of all apartment sales in the year to end September. And in some…
Owning a home is a keystone of wealth… both financial affluence and emotional security.