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  Dubai’s Emaar Properties reports 16% rise in profits

  Boost comes on back of higher international sales, growth of malls and hospitality business. The Dubai-listed developer Emaar Properties reported a net profit...

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  Abu Dhabi rent rises at two-year low, says CBRE

  Luxury developments still in demand, despite overall rent increase of just 1.75% in second quarter, report shows. Abu Dhabi rents rose by...

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  Dubai-based S&K Estate Agents files for bankruptcy

  Firm says saturated property market forced it to begin liquidation proceedings. The Dubai-based S&K Estate Agents says it will file for bankruptcy...

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  Dubai’s Nakheel says six-month net profit up 53%

  Developer reports $770m profit during first half of 2015 amid ongoing handover of properties. The Dubai developer Nakheel says it made a...

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  Value of Dubai property deals up by 15% in first half of 2015

  Real-estate transactions worth $35.1bn mark growth on first six months of last year, Dubai Land Department figures show. The total value of...

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  UAE’s LuLu to convert London’s Scotland Yard into luxury hotel

  Old police headquarters was once the centre of investigations into famous crimes including the ‘Jack the Ripper’ case. The Abu Dhabi-based LuLu...

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  India’s Tata Housing opens Dubai office

  Non-resident Indians currently contribute 15-20% of the real estate developer’s total sales. Indian real estate developer Tata Housing has opened an office...

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  Dubai’s Emaar Properties says India remains a ‘key market’

  Dubai developer issues clarification following claim it is close to ending alliance with Indian partner MGF Developments. Emaar Properties says it is...

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  Sharjah, Ajman rents drop 3% amid ‘reverse relocation’ to Dubai

  Residential properties in Sharjah also struggle to attract buyers, real-estate firm Asteco finds. Sharjah’s property market has been feeling the pinch of “reverse...

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  SPF Realty to sell townhouses at project in MBR City, Dubai

  Ground-breaking on the Jade at The Fields development is expected in the first half of 2016. Property broker SPF Realty has been appointed...

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