Latest News New long-term visa to boost UAE property market ‘in big way’12th June 2018UAE-based construction company chiefs have praised the UAE’s decision to approve a new long-term visa system aimed at… Read more Deyaar says Midtown mega project on track for end-2019 handover10th June 2018Deyaar Development has announced the release of the final units available within the Dania district of its Midtown… Read more New UAE residency rules to boost FDI, help real estate sector7th June 2018Allowing full foreign ownership in companies and granting long-term visas to some investors and professionals will help encourage… Read more Seven Tides unveils new $350m ‘Seven City JLT’ residential project5th June 2018Property builder Seven Tides will build a $350 million (AED1.3bn), 2,635-unit residential building – Seven City JLT –… Read more Flagship Dubai project 1/JBR set for end-2019 handover3rd June 2018Dubai Properties has said that its flagship project 1/JBR – taking shape on one of the final plots… Read more First Emaar South residents set to move in during 201931st May 2018The first investors in Emaar South, the 7 sq km mega-development – a joint venture of Emaar Properties… Read more Nakheel set to launch 3D model tech on Palm Jumeirah projects29th May 2018Dubai-based Nakheel says it is set to become one of the world’s first real estate developers to showcase… Read more Property rents, sales prices continue to soften in Dubai27th May 2018Real estate sales prices have continued to soften across most of Dubai along with widespread rental declines, according… Read more Damac Properties posts 45% drop in Q1 net profit24th May 2018Damac Properties’ net profit fell 45 percent in the first quarter of 2018 to AED 483.9 million ($131.7… Read more Developer launches new phase of Dubailand project22nd May 2018Dubai Properties has announced the launch of a new phase of its Villanova community in Dubailand. The third… Read more UAE’s Azizi awards $27m contracts for Meydan Avenue projects20th May 2018UAE-based Azizi Developments has awarded contracts worth AED102 million ($27.7 million) to Tasmeem Building Contracting (TBCI) to develop… Read more Dubai property broker eyes $270m timeshare assets17th May 2018Dubai-based real estate broker fäm Properties has announced plans to grow its total assets under holiday home management… Read more Dubai apartment prices see biggest quarterly drop since 201415th May 2018The addition of new stock, tough macroeconomic conditions and moderate population growth are set to place further pressure… Read more UK firm to accept crypto payments for Dubai property projects13th May 2018The London-based Westbury Investments real estate company will now accept cryptocurrencies for investments in real estate in Dubai,… Read more Emaar Development reports 62% rise Q1 net profit10th May 2018Net profits of Emaar Development – the build-to-sell property development business majority-owned by Emaar Properties – rose 62… Read more $4k monthly salary being demanded to buy Dubai property7th May 2018Affordable housing options remain at the forefront of Dubai buyers’ interest, with many banks and developers stipulating a… Read more Developer begins handover of Dubai Marina project homes3rd May 2018Select Group, one of the largest private developers in the GCC, has begun handover of The Residences at… Read more $27m sales seen at Dubai’s first Banyan Tree Residences project1st May 2018UAE developer Sweid & Sweid has announced that it has sold over AED100 million ($27 million) of the… Read more Dubai residential rents stabilise for first time in 2 years30th April 2018Dubai’s residential rent prices have recorded no change in Q1 of 2018, improving the annual rate of change… Read more Dubai’s Deyaar starts handover of Mont Rose project29th April 2018Deyaar Development has started the handover process for the two residential towers in its Mont Rose project, marking… Read more