Deyaar reports $48m in revenues for Q1 2018

Developer says it has registered a 25% rise in net profits to $10.8m for first three months of the year. Deyaar Development,...

Dubai property sales prices will fall further, says property consultant

Apartment and villa sales prices down 5% in Q1 2018. International property company Chestertons MENA claims the addition of new stock, tough...

Sooma delivers first residential tower at Al Furjan development

Official opening ceremony for the tower took place in early April. Sooma Real Estate Development has completed its Al Fouad residential tower...

CSCEC begins excavation work on huge Motor City development

Zawaya first phase of new masterplan for Motor City which is currently estimated to have a completion cost of $2.2bn. Union Properties...

Danube completes Glitz Residences 3 at Dubai Studio City

Developer has delivered half of its total portfolio following completion . Dubai-based property developer Danube Properties says it has completed its third...

URC launches residential Hessah Towers at Hessah Al Mubarak District

The towers are the inaugural residential offered by URC in the Kuwait project. Kuwaiti real estate developer United Real Estate Company (URC)...

ARADA launches Sama Majlis Villa at Nasma Residences

Phase one is 20% complete and developer expects to handover first homes by the end of 2018. Sharjah-based property developer ARADA has...

Harbor Real Estate rated as top broker in Dubai

Out of 2,256 real estate agencies that are registered in Dubai, Harbor Real Estate was ranked as the top performing agency by...

Samana to accept Bitcoin for rental payments

Commercial tenants are now able to pay rents and service charges by using digital currency . The owner of the Star Business...

Tiger Properties to develop 18 new projects worth $2.7bn in 2018

Projects will be spread between Dubai and Sharjah. Tiger Properties, the UAE-based real estate developer, has said that it plans to develop...

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