
Property News
Latest property news & product launches
Dubai-London flight bookings surge by 112% on travel corridor announcement
Emirates set to run multi-million dollar global campaign to promote 'Destination Dubai'
Emaar has not halted future projects
"All we have done is stopped new launches during the pandemic," says Mohamed Alabbar
Solid economic foundation to drive UAE's growth for next 50 years
The country has taken a multipronged approach to create a diversified knowledge-based economy that harnesses technology.
UAE revamps foreign ownership rules for commercial companies
Amendments to the Commercial Companies’ law further opens up economy to all nationalities
Foreign ownership move is a 'momentous change for the UAE'
Analysts predict a major boost to the UAE's attractiveness to foreign investors following a change to company ownership laws.
Dubai and Abu Dhabi become more affordable
Dubai and Abu Dhabi became more affordable as the cost of living declined due to a drop in oil prices and deflationary pressure.
Damac Properties slips into massive Dh931m loss in first nine months of 2020
Dubai developer, however, managed improved revenues in a tough operating environment
Dubai's DAMAC loses $148.3mln in third quarter
DAMAC has reported losses of 931.3 million dirhams ($253.57 million) for the first nine months of the year.
Emaar Development: 28,000 residences under development in UAE; 9-month profit falls
The developer reported property sales of $1.182bln in the nine-month period
UAE wealthiest nation in Middle East, Dubai richest city
The UAE emerged among the top five countries as an investment destination for investors from the Indian Subcontinent, Europe and the Middle East.
'Virtual Company Licence’ for non-resident business people and freelancers
Virtual Company Licence will allow investors worldwide to do business in Dubai digitally
The benefits of UAE-Israel cross-border investment
Early estimates indicate that the normalisation of ties could see soon see bilateral trade in excess of $6b
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