Property News
Latest property news & product launches
Dubai property transactions reach record one-day high
Off-plan properties are still the favourite for investors due to attractive prices, payment plans and fee waivers by developers.
A new freehold ownership era starts in Dubai
After the handover of projects, developers will have no say in the setting up and running of the homeowners’ associations associated with their handed over projects.
Emaar Properties launches Dh25bn The Valley community
“We are really enthusiastic about the planning of this masterplan. It reminds me of when we initially started to develop Arabian Ranches, one of our most successful communities. I would go as far to say that The Valley will be the Arabian Ranches of the Future,"
Dubai developers no longer allowed to collect service charges from property owners
New Law comes into effect removing developers from setting charges or collecting funds
Emaar plans to extend map of Dubai with $6.8bn The Valley
Construction giant Emaar Development says new JV venture will build new mega project on Dubai-Al Ain Road
Dubai's tourism growth boosting holiday homes
Rented housing units hit 6,049 units hosting 168,502 guests in 2019
Damac sees drastic profit, revenue fall
Damac Properties recorded a sharp decline (46 per cent) in nine-month revenues to Dh2.8 billion from Dh5.2 billion. Net profit was down to Dh133 million from Dh1.1 billion a year ago, a drop of almost 88 per cent.
No dividends for Damac shareholders
Dubai developer Damac cites low profitability as it announces it will withhold dividends at the end of this year
Emaar Q3 profit up 20% as company looks to Dh25bn project
Developer agrees to joint venture for project called The Valley on Dubai-Al Ain Road
October 2019 sees highest number of real estate transactions since 2008, reveals Property Finder
The month also sets the record of second highest off-plan sales in Dubai since 2008
Are we ready for co-living spaces?
The modern housing concept is gaining ground among young professionals
Select Group Announces Completion of Studio One in Dubai Marina
Studio One is Select Group’s 14th development in Dubai Marina
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