Revenue increases 32% to $117.9mn, compared to $89.26mn in Q1 2024; Net profit before tax surges to $32.62mn from $21.13mn
Real Estate in Dubai
Latest in Real Estate in Dubai
Dubai real estate
Dubai real estate: Wasl reveals massive Jumeirah Golf Estates expansion with 12,000 new homes
Jumeirah Golf Estates’ ‘The Next Chapter’ masterplan spans 4.68 million sqm and includes branded residences, a new golf course, and extensive green spaces
Al Barari
Dubai luxury property boom: Al Barari villa sells for $29mn, setting record price per sq.ft
Maria Morris Global brokers landmark sale of 16,939-square-foot Y3 – KOA’s AMAIA villa in The Collection, Al Barari, highlighting demand for ultra-luxury properties
Dubai
Dubai Residential REIT sets IPO price range on DFM
Dubai Residential REIT is positioned as the GCC’s first pure-play listed residential leasing-focused REIT
Dubai real estate
Union Properties revenue up 18.2%; repays $48.75mn of legacy debt
Revenue increases 18.2% to reach $44.4mn; Gross profit up 25.3% to $44.4mn; Will repay an additional $43.3mn debt this quarter
Dubai real estate
Emaar reports 50% surge in Q1 revenue to $2.8bn on robust sales
Backlog increase to $34.6bn gives long-term revenue visibility; EBITDA reaches $1.5 bn at a healthy 53% margin
Dubai
Dubai real estate: SquareX Residence in JVC nears sell-out amid soaring short-term rental demand
With its modern design and Airbnb-aligned features, SquareX Residence taps into Dubai’s rising short-term rental market, offering affordable luxury for next-gen property investors
Binghatti
Hollywood actor Terry Crews buys apartment at Binghatti Aquarise launch in Dubai
Binghatti Aquarise is scheduled for completion by March 2027
Dubai real estate
Dubai real estate: Dubailand records $7.3bn in property transactions
Dubailand’s location provides direct access to Sheikh Mohammed Bin Zayed Road, positioning residents within 25 minutes of Dubai International Airport
Dubai
Dubai real estate: Property market hits all-time high with nearly $17bn April transactions
Dubai’s real estate market continues to scale new heights, propelled by bold city planning, regulatory innovation, and investor trust
Attestation services
UAE tax rule; May petrol prices revealed; Trump Tower in Dubai; Viral chocolate maker speaks out – 10 things you missed this week
UAE and Saudi tax updates; Dubai viral chocolate maker interview, May petrol prices revealed, Trump Tower coming to Sheikh Zayed Road and more news stories
Dubai
Dubai real estate: Off-plan property sales surge 47% year-on-year in April
According to the Dubai Land Department (DLD), the total real estate transaction value in April reached AED46 billion
Dubai commercial real estate market
Sweid & Sweid expands portfolio with Aurora Tower acquisition in Dubai Media City
Aurora Tower will be Sweid & Sweid’s fourth project within the business district
DHG Properties
Swiss property developer DHG Properties teams up with Two | 88 for luxury Dubai project
The current partnership is for DHG Properties’ latest residential development in Meydan Bukadra
branded residence
Dubai real estate: Branded residences to double as demand surges, buyers ready to pay 69% premium
Dubai is home to over 81,200 millionaires, more than 237 centimillionaires, and 20 billionaires
Dubai
‘We’re not here to compete on volume’: DHG Holding on bringing AI-powered smart living to Dubai’s property market
The company applies the same meticulous approach in Dubai as it does in Switzerland – both in planning, design, and execution, CEO says in Arabian Business interview
DLD
Dubai property watchdog monitors over 279,000 listings with new AI platform
The Dubai Land Department described the monitoring system as part of its strategy to improve transparency and credibility in the property sector