We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

SOCIAL DEVELOPMENT - REAL ESTATE

Nakheel awards AED184.5 million construction contract for new hotel at Ibn Battuta Mall

Posted on 22/03/2017

Nakheel Properties yesterday awarded a construction contract worth AED184.5 million for a second hotel at the Ibn Battuta Mall in Dubai. Dubai-based Parkway International Contracting has been appointed to build the 375-room hotel, which has a total project value of AED240 million. It forms part of Nakheel's AED3 billion hospitality expansion under which the developer is bringing 16 new hotels and serviced apartment complexes with 5,300 rooms to Dubai. The new hotel, to be operated by ...  >>MORE

Dubai Properties targets international markets at International Property Show

Posted on 21/03/2017

Dubai Properties, DP, a Dubai-based real estate master developer, has announced its continued strategic partnership with the International Property Show, IPS, taking place from 2nd to 4th April at the Dubai World Trade Centre. This marks the third year that the real estate developer has partnered with the only real estate consumer event in the region that allows retail sales and purchases for both local and international properties. DP is the master developer of major destinations in Dubai, ...  >>MORE

DAMAC Properties Dubai reports net profit of AED 3.69 billion in 2016

Posted on 15/02/2017

DAMAC Properties Dubai Co. PJSC announced on Tuesday the financial results for the full year 2016. During 2016, DAMAC recorded revenues of AED 7.16 billion, with gross profit margins at 56 percent. Net profit for the reporting period stood at AED 3.69 billion, achieving net margins of 52 percent. Total assets increased 5 percent to AED 24.63 billion at year end 2016 compared to AED 23.45 billion in 2015. As of 31 December 2016, cash and bank balances stood at AED 8.32 billion; development ...  >>MORE

Nakheel posts highest annual net profit in its history at AED4.96 billion in 2016

Posted on 02/02/2017

Nakheel announced on Wednesday its highest annual net profits in the company's history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the AED781 million posted for the same period in 2015. The record-breaking results indicate a stabilising, mature real estate sector in Dubai, and reflect the sound business and economic policies followed under the ...  >>MORE

Nakheel calls for construction proposals for Deira Islands Boulevard

Posted on 16/01/2017

Nakheel has announced an invitation to submit construction proposals for Deira Islands Boulevard, its new, AED5 billion community for 10,000 people, to be built at Deira Islands in Dubai. Nakheel announced that it will release a tender this week for the construction of 2,924 apartments and townhouses in 16 residential towers spread across four clusters, each containing a swimming pool and extensive retail, restaurant and recreation space. Due for delivery in 2020, Deira Islands Boulevard lies ...  >>MORE

Dubai Investments launches ‘Mirdif Hills’ project

Posted on 04/01/2017

Dubai Investments has broken ground on the Mirdif Hills project, being developed by its subsidiary, Dubai Investments Real Estate Company, DIRC. The AED3 billion Mirdif Hills is a mixed-use residential, commercial and retail development spread across 3.9 million square feet and equipped with 1,054 apartments. The ground-breaking ceremony was held onsite in the presence of Khalid Bin Kalban, Managing Director and CEO of Dubai Investments and Chairman of DIRC, Obaid Al Salami, General Manager ...  >>MORE

Aldar awards AED155 million contract for early works of Yas Acres

Posted on 20/10/2016

Aldar Properties has awarded an AED155 million contract for the early works of Yas Acres, a golf and waterfront development on Yas Island, to locally-based Bauer Geotechnical Specialised Foundation. Talal Al Dhiyebi, Chief Development Officer of Aldar Properties, said, "We are pleased to award the early works package for Yas Acres within six months of launching our flagship development. This is a clear endorsement of the commitment from Aldar and its partners to deliver a best in class ...  >>MORE

Nakheel reports 2016 nine month net profit

Posted on 20/10/2016

Nakheel yesterday announced a net profit of AED3.91 billion for the first nine months of 2016, an increase of 8.3 percent on the profit of AED3.61 billion in the same period last year. The company recorded a net profit of AED955 million for third quarter of 2016, 22 percent up on Q3 2015 profit of AED781 million. "The growth in net profit reflects stable market conditions," said Nakheel. As with previous results periods, Nakheel's development business, with its ongoing handovers of properties ...  >>MORE

Setting sail alongside the Dubai Water Canal

Posted on 16/10/2016

The first of Dubai's real estate attractions along the winding Water Canal is all set to open in November itself — the 12-kilometre long Marasi Business Bay Promenade from Dubai Properties. The opening, which coincides with that of the Canal itself, of the Promenade will feature a cluster of high-end retail and entertainment options. (Work on more than 10 kilometres is over, including the support infrastructure.) It is itself part of a wider Dh1 billion mixed-use development that will also ...  >>MORE

2015 property, liability premiums up 10.4% to AED 27.5 billion

Posted on 10/10/2016

The UAE'S thriving economy, including its active construction industry, had a positive impact on the nation's insurance sector, with premiums written in property and liability insurance rising from AED24.9 billion in 2014 to AED27.5 billion in 2015, an increase of 10.4 percent, according to data released by the annual insurance report for 2015. The UAE economy is distinguished with a stable investment, economic, and political environment that can continue economic growth, despite the ...  >>MORE

DAMAC Properties Dubai reports net profit of AED 1.94 billion in first half of 2016

Posted on 15/08/2016

DAMAC Properties announced yesterday its financial results for the six months ending 30th June 2016. During the first half of this year, DAMAC recorded revenues of AED 3.37 billion. Gross profit margin stood at 59%. The property developer's net profit for the same period stood at AED 1.94 billion, a drop of 27% compared to H1 2015. DAMAC's total assets increased to AED 23.51 billion at 30th June compared to AED 23.45 billion in 31st December 2015. Cash and bank balances stood at AED 8.81 ...  >>MORE

Emaar launches homes in Dubai Creek Harbour

Posted on 15/08/2016

Emaar Properties said on Sunday it has launched residences and villa town houses in Dubai Creek Harbour. The sales event will be on a first-come, first-served basis from August 18, at all participating Emaar Sales Centres in Dubai, Emaar said in a statement. Dubai Creek Harbour will feature commercial districts, leisure developments, residential neighbourhoods and parks. The "Creek Horizon” homes are located near The Tower, in the centre of The Island District. The two residential towers, 35 ...  >>MORE

AED12.1bn worth Sharjah real estate transactions registered in H1 2016

Posted on 09/08/2016

The total value of real estate investments implemented in the first six months of 2016 amounted to AED12.1 billion, while the total number of real estate transactions carried out by the department during the same period last year reached 25,474, Abdul Aziz Ahmed Al Shamsi, General Director of the Sharjah Real Estate Registration Department, has revealed. Al Shamsi indicated that May 2016 witnessed a record increase of 114 percent in the total volume of real estate trading, which stood at ...  >>MORE

Amlak H1 2016 net group profit stood at AED87.4 million

Posted on 09/08/2016

Amlak Finance PJSC yesterday announced its financial results for the half year ended 30th June, 2016, recording a net group profit of AED87.4 million in H1 2016, compared to AED14.6 million for the same period last year. The H1 results were supported by strong revenue growth in Q1 generated from one-off sale of land plots. The results were also impacted by increased provisioning in Q2 caused by a number of customer accounts becoming delinquent as well as a general fall in real estate prices ...  >>MORE

Emaar unveils Act One, Act Two apartment project in Dubai Opera District

Posted on 08/08/2016

Dubai's Emaar Properties has unveiled another two-tower project in the Opera District in Downtown Dubai. The company said that the towers will be 52 storeys and 46 storeys high, and called Act One and Act Two respectively. The towers will contain a combined 718 new residential units as well as ground floor retail units and cafes, a health club, spa and swimming pools. Emaar said that sales of the units would begin at its sales centre at Harrods in London on Wednesday, and would then go on ...  >>MORE

Aldar's earnings surge in Q2

Posted on 03/08/2016

Aldar Properties on Tuesday said its second-quarter net profit climbed nine per cent to Dh654 million compared to Dh601 million in same period last year. Gross profit from recurring revenue assets up 12 per cent to Dh382 million in the quarter, comparing with the same period last year, the property developer said in a regulatory filing. The company also reported strong revenues of Dh1.7 billion for the period. Off-plan development sales exceeded Dh1 billion; Dh940 million in Aldar ...  >>MORE

Emaar Properties records 12% growth in net profit to AED 2.475 billion in first half 2016

Posted on 01/08/2016

Global developer Emaar Properties recorded a robust increase of 12 percent in net profit to AED 2.475 billion (US$ 674 million) in the first six months (January to June) of 2016, compared to the net profit of AED 2.205 billion (US$ 600 million) during the same period last year. The half-year 2016 revenue is AED 7.257 billion (US$ 1.976 billion), 11 percent higher than the H1 2015 revenue of AED 6.520 billion (US$ 1.775 billion). Underlining the strength of its diversified business model, ...  >>MORE

Aldar Properties eyes Al Ain as key growth market

Posted on 26/07/2016

Aldar Properties PJSC (Aldar), Abu Dhabi's leading listed property development, investment and management company, views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape. According to Urban Planning Council's "Plan Al Ain 2030", the city population will witness a 3 fold- increase over the next two decades. As a result, driven by strong consumer demand, the city's retail sector is set for rapid growth as retail ...  >>MORE

Foreigners invest AED57 billion in Dubai's real estate market in H1 2016

Posted on 24/07/2016

Some AED57 billion was invested in Dubai's real estate market in the first half of 2016, recent data released by the Dubai Land Department (DLD)'s transactions report revealed Saturday. The 26,000 investors are nationals of 149 countries, with the majority being nationals of members of the Gulf Cooperation Council (GCC), according to the report issued by the DLD's Real Estate Research and Studies Department. Sultan Butti Bin Merjen, Director General of the DLD, said: "The Dubai real estate ...  >>MORE

Dubai sees more real estate deals

Posted on 20/07/2016

Realty transactions worth Dh113 billion were achieved in Dubai in the first six months of 2016 through 28,251 sales, mortgages and other transactions, the Dubai Land Department (DLD) said. This compares to the Dh129 billion registered in the corresponding period of 2015 and Dh113 billion recorded in the same half of 2014. The number of transactions reached 23,000 during the first half of 2015, the DLD said. This means the value of deals clinched in the first half of 2016 declined despite an ...  >>MORE

Strong progress continues on Aldar Residential Developments

Posted on 14/07/2016

Aldar Properties PJSC (Aldar) continues to make strong progress across its portfolio of residential projects as residential construction activities continue to grow at West Yas, Aldar's first villa community on the iconic Yas Island, with piling, sewerage, utility, telecommunication and lighting work almost complete. The main school, to be operated by Aldar Academies, is currently in the process of being handed over. Following an evaluation by Urban Planning Council in May, the project was ...  >>MORE

Dubai remains MENA region's most transparent real estate market

Posted on 30/06/2016

Dubai has recorded continued progress and retained its position as the most transparent real estate market in the Middle East and North Africa (MENA) region, according to JLL and LaSalle Investment Management's 2016 Global Real Estate Transparency Index (GRETI). The Emirate placed (48th) out of 109 markets covered globally to remain in the 'Semi-Transparent' category, improving by a respectable 23 points to be among the top 25 global improvers. Abu Dhabi, ranked (59th) globally, while Saudi ...  >>MORE

Dubai’s Damac awards 25 contracts worth AED3bn in H1 2016

Posted on 27/06/2016

Dubai developer Damac Properties has awarded 25 construction and consultancy contracts worth AED3 billion in the first half of 2016, it announced on Sunday. Contracts awarded include the main packages for more than 2,670 villas within its Akoya Oxygen project and the main package for Golf apartment buildings at Carson – The Drive at its Akoya by Damac project. Damac managing director Ziad El Chaar, in a press release, said: "In Akoya Oxygen, the total number of villas now awarded exceeds ...  >>MORE

Dubai wins bid to host World Real Estate Congress

Posted on 19/06/2016

Dubai has won the bid to host the 69th edition of the World Real Estate Congress in 2018. The event will be held for the first time in the Middle East. The debut congress in the region is expected to attract more than 1,000 real estate professionals from over 60 nations to explore the theme 'Future of Cities'. This year's congress was held in Panama City, Panama, from May 21 to 26 under the theme 'Connecting Development for a Better World,' which focused on topics including affordable ...  >>MORE

Steady demand keeps Dubai’s property market buoyant

Posted on 19/06/2016

Dubai's prime residential market is expected to remain buoyant until 2020, according to Core, UAE associate of Savills. The "H1 Dubai Investment Outlook” report reveals the prime residential market will benefit from limited availability in the few established areas and the steady demand, aided by the growing pool of regional and global investors looking to re-enter the bottoming market. Company CEO, David Godchaux, says: "The relative resilience of prices in most of the established ...  >>MORE

Aldar generates AED1b in sales from Yas Acres' first phase

Posted on 16/06/2016

Aldar Properties PJSC, Abu Dhabi's leading listed property development, investment and management company, has sold out the first phase of 267 units at Yas Acres, generating AED 1 billion in sales. As a result of this strong demand for villas on Yas Island, the second phase of units within Yas Acres will now be released for sale. In a press release, the company said public sales for the 125 units that make up the second phase will commence on Saturday 18th June 2016 at Aldar's new Yas Acres ...  >>MORE

Aldar develops the heart of Abu Dhabi’s vision

Posted on 30/05/2016

The sleek, modern luxury of the Yas Acres' sales centre on Yas Island is a throwback to the glory days of real estate eight or nine years ago. Except there is a very 2016 feel to it all. The 1,315-villa project's every detail is shown to prospective buyers on big, interactive screens embedded in the tables around the lounge area. Seen through the window, retro-looking bicycles are a languid feature of the back garden. The parking lot offers a view of the Formula 1 track opposite, which was ...  >>MORE

UAE's real estate market seen to build momentum

Posted on 16/05/2016

Property developers in the UAE are expected to see continued robust revenues despite challenges posed by lower oil prices on the back of a rebound in buyer interest, property analysts said. While the impact from low oil prices in the UAE property market will be less intense than in countries that rely more heavily on oil, such as Saudi Arabia and Oman, a strong dollar would continue to render real estate more expensive for international investors holding non-US dollar liquidities, analysts ...  >>MORE

Nakheel to showcase real estate projects worth 660 million pound sterling in London

Posted on 11/05/2016

Nakheel Properties, a real estate developer in Dubai, will partake at Dubai Real Estate Exhibition next week to display projects worth 660 million pound sterling (GBP) at Olympia Exhibition Centre in London. As platinum sponsor and the largest real estate developer at the exhibition, Nakheel will highlight unmatched investment opportunities available in the city of Dubai. It will present 1, 200 residential units in Palm Jumeirah, Dubai, and in other locations across Dubai with prices starting ...  >>MORE

Aldar Q1 profit up 15% to Dh654m

Posted on 10/05/2016

Aldar Properties, the Abu Dhabi-based developer, reported on Tuesday Dh654 million in net profit for the first quarter of this year, marking a 15 per cent increase from the Dh570.7 million recorded in the same quarter of 2015. The company's revenues were also up 4.5 per cent, reaching Dh1.2 billion in Q1 2016. Gross profit from recurring revenue increased by 10 per cent to Dh403 million, primarily on the back of Yas Mall, which is now fully trading. Mohamed Al Mubarak, chief executive officer ...  >>MORE

Emaar net profit increases by 17% to AED 1.205 billion in Q1 2016

Posted on 02/05/2016

Emaar Properties PJSC has recorded first-quarter (January to March) 2016 net profit of AED 1.205 billion (US$ 328 million). This is an increase of 17 per cent compared to the net profit of AED 1.026 billion (US$ 279 million) during the same period last year. Led by significant progress in construction of its projects, Emaar's Q1 2016 revenue was AED 3.529 billion (US$ 961 million), 17 per cent higher than the Q1 2015 revenue of AED 3.024 billion (US$ 823 million). Recurring revenues from the ...  >>MORE

Aldar residential development projects on track

Posted on 28/04/2016

Aldar Properties, Abu Dhabi's listed property development, investment and management company, provided a progress update yesterday on its residential development projects currently under construction. The Al Hadeel, Ansam, Al Merief, Nareel Island residential projects are all on track to be completed according to their respective schedules, with steady progress being made on foundational, structural and MEP work. Work is progressing across all aspects of the development West Yas, Aldar 's ...  >>MORE

Emaar declares Dh1.074b dividend

Posted on 19/04/2016

Shareholders of Emaar Properties have approved the proposed cash dividend for 2015 at its 18th annual general meeting on Monday. The meeting approved a cash dividend of 15 per cent of the share capital, equivalent to Dh1.074 billion ($292 million), for distribution to the shareholders. Mohamed Alabbar, chairman of Emaar Properties, said that 2016 will be a significant growth year for Emaar having recorded robust results led by the positive growth of the Dubai economy. "With all core sectors ...  >>MORE

Aldar Properties registers with ADCB for first ESCROW account project

Posted on 15/04/2016

Aldar Properties has signed its first ESCROW Agreement with Abu Dhabi Commercial Bank, the first registered ESCROW bank in Abu Dhabi. This agreement will enable Aldar Properties to have ESCROW accounts for the recently announced Yas Acres, a golf and waterfront development comprising 1315 villas and townhouses, on Yas Island. Aldar Properties was the first company to be granted a Master Developer Licence under the Abu Dhabi Real Estate Law. Talal Al Dhiyebi, Chief Development Officer at ...  >>MORE

Aldar Properties launches Yas Acres

Posted on 12/04/2016

Aldar Properties, in response to strong demand for a villa development that is available for purchase by all nationalities, is delighted to announce the launch of Yas Acres. This golf and waterfront development which will add 1315 villas to Yas Island, is one of the most significant new residential developments to be launched in Abu Dhabi by Aldar with a development value of over AED6 billion. Inspired by the concept of Yas Island Living, Yas Acres is located on the northern shores of the ...  >>MORE

Property developers gear up for Cityscape Abu Dhabi

Posted on 11/04/2016

Real estate developers in the emirate are gearing up for the upcoming Cityscape Abu Dhabi, with announcements on the launch of their latest projects aimed at boosting the property sector. Bloom Holding said it will launch Bloom Gardens phase 4. The company has already started construction of phase 3 of the overall approved Bloom Gardens community master plan, which features 147 housing units. The developer will also showcase to investors some of its other projects including Bloom Central, the ...  >>MORE

More UAE residents soon to call Masdar City home as Leonardo Residences officially breaks ground

Posted on 11/04/2016

Residential apartments now under construction at Masdar City in Abu Dhabi will add to the thriving community taking shape at one of the world's most sustainable urban developments. The senior management of Masdar, Abu Dhabi's renewable energy company, and of the Abu Dhabi-based property developer Reportage Real Estate marked the official ground-breaking of the 170-unit Leonardo Residences at the City yesterday. The one-, two- and three-bedroom private apartments will go up within the existing ...  >>MORE

TDIC to showcase its rich portfolio during its participation at Cityscape Abu Dhabi 2016

Posted on 11/04/2016

Abu Dhabi, April 10, 2016 – The Tourism Development and Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced yesterday its participation at Cityscape Abu Dhabi 2016, the annual real-estate event, with a showcase of its rich portfolio of projects on Saadiyat island. One of the company's most significant launches at this year's event will be the launch of Saadiyat Lagoons District, a 6 million square-metre ...  >>MORE

Bloom to highlight key investment opportunities within UAE at Cityscape Abu Dhabi

Posted on 10/04/2016

Bloom Holding, a subsidiary of National Holding, specialised in the development of integrated and sustainable communities, will highlight key investment opportunities as part of its participation at the upcoming edition of Cityscape Abu Dhabi, the developer announced yesterday. Bloom Holding will showcase a diversified project portfolio that spans across residential, commercial, education, hospitality and leisure sectors. Bloom will also leverage its status as a licenced master developer by ...  >>MORE

RAK Properties achieves AED 160 million net profit in 2015

Posted on 25/02/2016

RAK Properties reported during its board of directors meeting an impressive 23.5 per cent growth in revenues in 2015. A proposal of dividends distribution of 5% cash for the year 2015 was also recommended by the board and will be presented on the company's annual general meeting due to be held on March 12th 2016. RAK Properties posted a 2.8 per cent increase in net profit to AED 160 million last year, topping 2014's AED 155.7 million. Total revenues for 2015 rose from the previous year's AED ...  >>MORE

Dubai Properties Group unveils 'Serena' development

Posted on 22/02/2016

Dubai Properties Group, DPG, one of the largest fully integrated real estate and community development businesses in Dubai, yesterday unveiled the master plan of Serena, its latest residential development for 2016, which will be located at DUBAILAND. Spanning a total area of approximately 8.2 million sq.ft., the smartly designed residential community targets the surging affordable housing segment. With architecture inspired by a Mediterranean Spanish theme, Serena will be developed in five ...  >>MORE

Page: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35

RETURN TO TOP | WAM UP TO THE MINUTE NEWS

Quick List

Nakheel awards AED184.5 million construction contract for new hotel at Ibn Battuta Mall


Dubai Properties targets international markets at International Property Show


DAMAC Properties Dubai reports net profit of AED 3.69 billion in 2016


Nakheel posts highest annual net profit in its history at AED4.96 billion in 2016


Nakheel calls for construction proposals for Deira Islands Boulevard


Dubai Investments launches ‘Mirdif Hills’ project


Aldar awards AED155 million contract for early works of Yas Acres


Nakheel reports 2016 nine month net profit


Setting sail alongside the Dubai Water Canal


2015 property, liability premiums up 10.4% to AED 27.5 billion


DAMAC Properties Dubai reports net profit of AED 1.94 billion in first half of 2016


Emaar launches homes in Dubai Creek Harbour


AED12.1bn worth Sharjah real estate transactions registered in H1 2016


Amlak H1 2016 net group profit stood at AED87.4 million


Emaar unveils Act One, Act Two apartment project in Dubai Opera District


Aldar's earnings surge in Q2


Emaar Properties records 12% growth in net profit to AED 2.475 billion in first half 2016


Aldar Properties eyes Al Ain as key growth market


Foreigners invest AED57 billion in Dubai's real estate market in H1 2016


Dubai sees more real estate deals


Strong progress continues on Aldar Residential Developments


Dubai remains MENA region's most transparent real estate market


Dubai’s Damac awards 25 contracts worth AED3bn in H1 2016


Dubai wins bid to host World Real Estate Congress


Steady demand keeps Dubai’s property market buoyant


Aldar generates AED1b in sales from Yas Acres' first phase


Aldar develops the heart of Abu Dhabi’s vision


UAE's real estate market seen to build momentum


Nakheel to showcase real estate projects worth 660 million pound sterling in London


Aldar Q1 profit up 15% to Dh654m


Emaar net profit increases by 17% to AED 1.205 billion in Q1 2016


Aldar residential development projects on track


Emaar declares Dh1.074b dividend


Aldar Properties registers with ADCB for first ESCROW account project


Aldar Properties launches Yas Acres


Property developers gear up for Cityscape Abu Dhabi


More UAE residents soon to call Masdar City home as Leonardo Residences officially breaks ground


TDIC to showcase its rich portfolio during its participation at Cityscape Abu Dhabi 2016


Bloom to highlight key investment opportunities within UAE at Cityscape Abu Dhabi


RAK Properties achieves AED 160 million net profit in 2015


Dubai Properties Group unveils 'Serena' development