Thursday 17 April 2014
UAE real estate

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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