Thursday 27 April 2017
 
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Dubai developer

Nakheel records $403m net profit in Q1

Nakheel, one of the world’s leading developers, has announced a net profit of Dh1.48 billion ($403 million) for the first quarter of 2017. The Dubai company said the three-month profit was in line with its forecasts.

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Dubai developer launches luxury villa project for sale

Al Barari, a leader in sustainably luxury homes in the UAE, has announced the launch of one of its latest residential developments, The Nest - a luxury enclave comprising 55 exquisite four-bedroom villas in a lush and environment-friendly develo

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Dubai developer launches luxury villa project for sale

Al Barari, a leader in sustainably luxury homes in the UAE, has announced the launch of one of its latest residential developments, The Nest - a luxury enclave comprising 55 exquisite four-bedroom villas in a lush and environment-friendly develo

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Emaar Properties Q2 net profit up 8pc

Dubai's Emaar Properties, builder of the world's tallest tower, reported an eight per cent rise in second-quarter net profit on Sunday. The developer, in which Dubai's government owns a minority stake, made a net profi

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Deyaar's Q2 net profit falls 17.8pc

Dubai's Deyaar Development reported a 17.8 per cent fall in second-quarter net profit on Wednesday. The company made a profit of Dh60.3 million ($16.4 million) in the three months to June 30, it said in an earnings' statem

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Dubai developer completes City Walk work

UAE-based developer Meraas said the work at its ambitious project, City Walk, a major open-air shopping and entertainment destination in Dubai, is progressing well with the second phase already completed, said a report. The UAE Vice Pre

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Dubai developer completes City Walk work

UAE-based developer Meraas said the work at its ambitious project, City Walk, a major open-air shopping and entertainment destination in Dubai, is progressing well with the second phase already completed, said a report. The UAE Vice Pre

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Emaar Properties Q2 net profit rises 16pc

Dubai's Emaar Properties, builder of the world's tallest tower, reported a 16 per cent rise in second-quarter net profit on Sunday as other income increased and it received more money in income tax credits. The developer,

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Nakheel’s nine-month profit jumps 47pc to $707m

Dubai-based developer Nakheel has posted a net profit of Dh2.60 billion ($707.7 million) for the first nine months of the year, a figure higher than its profit for the whole of 2013. It reflects an increase of 47 per cent on the p

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Damac Q2 profit rises 18pc to $253m

Dubai luxury property developer Damac posted an 18 per cent increase in second-quarter profit and said demand for high-end property would remain strong, despite signs of a slowdown in the emirate's wider real estate sector. Da

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