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  RAK Properties reports profit hike in first 9 months of 2016

  Developer made $21.54 million in the first three quarters; to invest $1.36bn in major new development in Ain. RAK Properties, Ras Al...

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  Dubai’s Damac Properties Q3 profit slips 11.7%

  Developer increased total assets to $6.62bn in first nine months of 2016. Damac Properties has reported a 11.7% fall in third-quarter net...

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  Emirates REIT records 33% higher cash profit in first nine months of 2016

  Trust becomes world’s largest listed Sharia compliant body of its kind, with total portfolio of $742m. Emirates REIT Limited (REIT), the UAE’s...

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  Dubai developer Shaikhani Group appoints new COO

  New COO to oversee developer’s $1.5 billion worth of projects. Dubai-based developer the Shaikhani Group has named Alan James Gammon as its...

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  Qatari developer Ezdan posts 6% rise in nine-month profit

  Company posts $354 million net profit for the nine-month period. Qatari real estate developer Ezdan Holding has reported a nine-month net profit...

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  Dubai’s Damac unveils $326k villas at Akoya

  Listed developer says three-bedroom Akoya Fresh units are geared towards first-time buyers. Damac Properties has announced the latest launch at its Akoya...

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  Saudi’s Jabal Omar Development reports $184m Q4 profit

  Developer says it will continue to consolidate its position in the Saudi Arabian market. Jabal Omar Development, Saudi Arabia’s largest listed real...

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  Global investments in RAK’s Al Hamra Village total $272m

  Buyers of 99 nationalities have invested in the destination – led by Brits, Germans, Indians and Russians, developer reveals. Ras Al Khaimah’s...

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  Dubai Marina ‘continues to attract buyer interest’

  Millennials and small families eyeing locality for hot property deals, says propertytrader.ae. Dubai Marina continues to see strong interest from buyers, especially...

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  Dubai’s Emaar expects 20% costs reduction

  Mohamed Alabbar, Chairman of the Dubai-listed developer, expects a costs reduction in 2017 – Reuters. The Dubai-listed developer Emaar Properties forecasts a...

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