Monday 8 February 2016
UAE real estate

UAE ‘rapidly rising in the global property industry’

The UAE is rising rapidly in the global property industry, with $1 trillion in built assets, which is nearly 48 per cent of the Netherlands ($2.09 trillion) and 122 per cent higher than Singapore ($0.82 trillion). This was reveale


UAE real estate now a strong seller's market

Real estate in the UAE is becoming more expensive with every passing quarter and the sector continues to show signs of a strong seller’s market, according to a study by As the cities grow outwards, secondary areas


New mortgage rules to drive UAE property boom

The new property mortgage cap by the UAE Central Bank, which came into effect this week, will deliver more stability to the property market but further measures to curb the negative impacts of speculation may be required, said top real estate co


Aldar Properties Q2 net profit up 66.6pc

Aldar Properties, the second-largest UAE real estate developer by market value, posted a 66.6 percent rise in second-quarter net profit to 456.8 million dirhams ($124.4 million). Earnings per share in the first six months of the year were

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