Jumeirah Golf Estates, the Middle East’s leading residential golf community, has announced the launch of an additional tower of affordable luxury apartments in its Alandalus development in response to the growing demand for mid-market real estate in Dubai. The new tower will bring an additional 120 Mediterannean-inspired apartments to aspiring investors and home-owners. The launch …
Tag Archives: UAE property news
Aldar Properties reports 39% increase in Q1 2017 Gross Profit to AED 753 million
Aldar Properties PJSC , Abu Dhabi’s leading listed property development, investment and management company, announced a 39% increase in Gross Profit to AED 753 million for the first quarter ended 31 March 2017, up from AED 542 million in Q1 2016. Q1 Financial highlights: Revenue grew 28% to AED 1.58 billion, driven by revenue recognition …
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Dubai Land Department stresses the importance of dealing with accredited real estate brokers
Dubai Land Department (DLD) stresses the importance of dealing with accredited and licensed real estate brokers who hold a real estate broker card issued by DLD. The message is consistent with the untiring efforts made by DLD to establish a secure real estate environment for all parties operating in the sector. A secure real estate …
Dubai Properties’ Versatile 22,000+ Unit Residential Leasehold Portfolio responds to Dubai Market Dynamics
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager’s leasehold portfolio continues to address market demand through its wide ranging built-to-lease communities comprising more than 22,700 residential units. DP’s broad leasehold inventory ranges from family-friendly and affordable communities to staff accommodation and built-to-suit residences, all of which strategically fulfil the …
Nasma Residences set to transform Sharjah’s real estate landscape
ARADA, the UAE’s newest developer, has launched Nasma Residences, the company’s first project in Sharjah focused on aspirational yet accessible living in an urban setting. With an expected completion date for late 2018, residents and investors can now own their homes in a thoughtfully master-planned community of over 800 contemporary residential properties and a host …
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DAMAC Properties launches Hajar Villas, Dubai’s first modern stone villas.
DAMAC Properties, the luxury real estate developer in the region, has launched Hajar Villas, Dubai’s first modern stone villas. Hajar Villas are a collection of premium, contemporary homes available in four-bedroom vacation homes, spacious three-bedroom homes, one-bedroom duplexes with open-plan arrangements, and duplex units for families, consisting of two one-bedroom units sharing one entrance. Hajar …
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Dubai Properties Group showcases AED1 billion Marasi Business Bay at the Dubai International Boat Show
Dubai Properties Group (DPG), one of the largest fully integrated and community development businesses in Dubai, announced its participation to commemorate the 25th anniversary of the annual Dubai International Boat Show (DIBS) at Dubai International Marine Club in Mina Seyahi. During the 2017 edition of the MENA region’s number one marine luxury, leisure and lifestyle …
Dubai’s first-ever full-stone homes by Damac Properties
Marked by their artful masonry, heritage and warmth; each Hajar Villa inspires a sense of nostalgia – a wistful nod to the past where homes were created with love and careful attention paid to every detail. Naturally warmer in winter and cooler in summer, they are practical, energy efficient and ultimately kinder to their environment …
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Nakheel begins work on new residential tower, retail, cinema and car park complex at Ibn Battuta Mall in Dubai
Master developer Nakheel has begun work on a new 55-storey residential tower, 16-screen cinema complex, multi-storey car park and retail expansion – with a combined total project value of AED850 million – at Ibn Battuta Mall in Dubai. Nakheel has awarded a contract worth nearly AED23 million to Dubai-based National Gulf Constructions LLC for enabling …
Nakheel moves ahead with infrastructure work at Madinat Al Arab, Waterfront in Jebel Ali,Dubai
Master developer Nakheel is moving ahead with infrastructure work at Madinat Al Arab, a 522 hectare site with 266 mixed-use land plots, located at Waterfront in Jebel Ali. Nakheel has appointed Dubai-based international consultants Dar Al Handasah for infrastructure design, engineering and site supervision services at Madinat Al Arab, which spans five zones. Infrastructure design …