Abu Dhabi real estate transactions hit $3.1bn in Q1 2021

The Department of Municipalities and Transport – Abu Dhabi has said that real estate transactions in the emirates during the first three...

Property

Market uptick as Dubai records sales transactions worth $2.97bn in March 2021

In March 2021 it was reported that 4,643 real estate sales transactions worth $2.97 billion have occurred over the last 16 months,...

Construction

TMKN Property completes $217m Al Jimi Avenue in Abu Dhabi

TMKN Property, a UAE-based real estate company, has announced the completion of Al Jimi Avenue, a mixed-use development built at a total...

Construction

Binghatti launches new 160-unit residential development in Dubai’s Jumeirah Village Circle

Binghatti Developers has announced that it has invested $54.6m into a new residential development in Jumeirah Village Circle in Dubai. The developer...

Construction

Ellington Properties makes $82mn high-end villa deal with Al Hilal Homes for The Palm Jumeirah

Ellington Properties has signed an $82 million agreement with Al Hilal Homes, a leading real estate brokerage firm, to expand its Villa...

Consultant

Aldar Properties distributes $310mn in cash dividends for FY2020

Aldar Properties, the Abu Dhabi-based real estate developer, is set to distribute cash dividends worth $310 million to its shareholders for the...

Consultant

Union Properties registers accumulated losses of $533.4mn in 2020

Union Properties, the Dubai-based real estate developer, has said that it has registered accumulated losses of $533.4 million in 2020, representing about...