Emaar Properties on Wednesday announced net profit before tax increased to Dh10.4 billion in the first half of 2025, a growth of 34 per cent compared to the same period last year, driven by robust performance across development, retail, hospitality,…
Dubai’s residential hottest property market continues to flourish, with six communities emerging as key hotspots for investors and first-time buyers, offering rental yields of up to 7.39 per cent. The six standout communities — Jumeirah Village Circle (JVC), Damac Island,…
From tropical getaways to long-awaited family reunions, UAE residents are digging deep into their pockets for their summer getaways. According to a survey conducted by Toluna, a consumer insights provider, 24 per cent of the surveyed UAE residents are expected…
The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued by…
Dubai is set to welcome a new private island escape with a maison featuring 30 beachfront homes and 40 private pool villas. Dubai-based investment firm Shamal Holding announced the new project in partnership with Cheval Blanc, marking the hospitality brand’s…
Dubai luxury real estate market — units priced above Dh10 million — has witnessed a surge of 240 per cent since 2022, data showed on Monday. Savills’ latest Prime Residential Report reveals a sharp rise in resale values across renovated…
Arada is forecasting a record-breaking year in 2025, setting its sights on Dh15 billion in full-year sales as demand for high-end residential property continues to gain momentum across the UAE. The Sharjah-based master developer reported Dh9.15 billion in sales during…
The US-based MGM Resorts International on Thursday said its Dubai property will open in the second half of 2028, delayed by a year from its previous projection. “Dubai project (is) on track for H2 2028 opening,” it said in the presentation. William Hornbuckle, CEO and President…
Second quarter off-plan apartment transactions in Dubai surged 43 per cent quarter-on-quarter, contributing significantly to a total sales value of Dh60.15 billion, a 37 per cent increase year-on-year, data showed on Tuesday. According to Betterhomes’ Shaping Skylines, Dubai Residential Real Estate…
Aldar, one of the UAE’s top real estate developers, on Tuesday reported a 24 per cent year-on-year increase in net profit after tax to Dh4.1 billion for the first-half. Net profit before tax surged 35 per cent to Dh4.7 billion,…