Damac Properties sees net profit slump as home sales fall
Dubai developer says focused on handovers as it delivers 3,072 units in the first nine months of the year
MAG Lifestyle Development announces 65% completion of its mixed-use luxury project MAG 318
The AED 550-million luxury residential tower features 439 residential units
Aldar Properties sees positive growth in Abu Dhabi market
Abu Dhabi giant reports 7% drop in net profit as a result of higher non-recurring income
Emaar Properties sees profits rise 20% in Q3 on higher sales
The company attributes the growth to continued interest from foreign investors and first-time home buyers
Co-living is taking off around the globe and the GCC is now paying attention
As urban living costs soar, millennials in the GCC are taking an interest in the trend of co-living. Investors are keen to invest, and real estate developers are listening to the demands from the market
Apartment rental firm Blueground eyes Middle East expansion after Series B funding
Blueground is a real estate tech company that offers fully furnished and equipped apartments for periods of between 1 month and two years
'If your profits have fallen by nearly 90%, it's difficult to focus,' says Alabbar over Damac claims
Emaar chairman Mohamed Alabbar laughs off Damac comments, saying he is focused on growth
How Dubai property price declines compare globally
Knight Frank's latest Global Residential Cities Index shows that prices in Dubai dropped by 9.4% between Q2 2018 and Q2 2019
Dubai property sales hit highest mark since 2008
There were 4,774 property sales recorded with the Dubai Land Department in October, the most for 11 years
Dubai's real estate market yet to see Expo 2020 boost, say experts
Industry heads have no doubt about the positive effects of Expo, but has it started already?

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