Property News
Latest property news & product launches
Dubai real estate sales transactions bouncing back to pre-COVID levels
Over the last three weeks, the number of real estate transactions has been consistently increasing by nearly 11 percent on average.
Could The UAE Replace Hong Kong As Asia’s Financial Center?
Over 90% of the top regional CEOs of global companies are based out of the UAE. The UAE also has a good diplomatic relationship with China, the US, and Europe. The country is home to over 4,000 Chinese companies.
Dubai's e-commerce business boom reflected in new licences
Dubai Economy sees 83% growth in DED Trader licences issued in first half of 2020.
Damac says no approach made so far on take-private bid
Damac Properties slipped to a loss in Q1 2020 despite higher revenue.
Dubai property sales total AED 2.74bn in May
In the first five months of 2020, a total of 13,590 sales transactions were recorded were recorded, collectively worth AED 27.8 billion.
Green shoots: property sales improve as investors return
Sales of completed units up 9% in June compared to May
Emirates tells the world that Dubai is open
Airline welcomes new air travel protocols announced in Dubai.
UAE prepares to fully reopen its borders
Dubai Tourism is working with hotels and stakeholders to prepare "to welcome the world" to the city.
Bank of America takes stake in Dubai's Emirates NBD
Bank of America is believed to have bought 100 million shares - about 1.51% - of Emirates NBD.
Meraas to become part of Dubai Holding
The deal will combine a complementary suite of services and expertise.
Dubai sees 'unexpected' slight uptick in property prices in April
Off-plan accounted for 72.1 per cent of transactions in April compared to only 27.9 per cent for resale.
Dubai government workers return to offices
Half of Dubai's public sector will be back in the workplace from 1 June, with many private sector firms following suit.
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