Choosing the Right Real Estate Companies in UAE | Here are the Facts

Choosing the Right Real Estate Companies in UAE | Here are the Facts

According to Forbes Middle East, the top 40 listed real estate companies in the UAE have a collective market value of $90.5 billion. With the revenues and profits of $18.1 billion and $5.1 billion, respectively, their assets were worth $126.5 billion in the 4th quarter of 2017. The UAE’s real estate sector has been aggrandized […]

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8 Facts You Don’t Know about Dubai Real Estate- ezEstate

8 Facts You Don’t Know about Dubai Real Estate- ezEstate

8 Facts You Don’t Know about Dubai Real Estate- ezEstate .Many of us don’t know the real estate facts about, apparently the most fascinating place in the world, Dubai. ezEstate brings you a comprehensive list of the facts related to real estate in Dubai. No Property Tax Imposed 8 Facts You Don’t Know about Dubai […]

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Dubai off-plan sales start to dwarf ready units

Dubai off-plan sales start to dwarf ready units

  Dubai: A gap is building up between off-plan transactions and those involving ready properties in Dubai, with the third quarter numbers further amplifying the difference. “Buyers have been attracted away from older second-hand properties with modern specification, lower price points, attractive payment plans and hoped-for appreciation during the pre-handover build period,” said Declan King, […]

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Damac net profit clocks in at Dh2.3 billion, while sales gain 13% to Dh6b

Damac net profit clocks in at Dh2.3 billion, while sales gain 13% to Dh6b

  Dubai: Revenues came in higher for Damac Properties at Dh5.8 billion in the first nine months, against Dh5.12 billion a year ago, but net profit took in a decline to Dh2.3 billion from Dh2.84 billion. Gross profit was at Dh2.9 billion. But there were enough signs of a strong and sustainable income flow for […]

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Value of property shares on UAE stock markets surges to Dh43.8bn in 9 months

Value of property shares on UAE stock markets surges to Dh43.8bn in 9 months

  The value of real estate shares traded on UAE stock markets during the first 9 months of 2017 amounted to AED43.8 billion, accounting for 34.6 percent of the total transactions conducted on the country’s two main bourses since the beginning of the year, which is estimated at AED126.6 billion. The growing trading share boasted […]

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How to recover down payment from a developer in the UAE

How to recover down payment from a developer in the UAE

How to recover down payment from a developer in the UAE Property, employment, tenancy and more – your questions answered by experts Image Credit: Supplied Published: 14:25 February 23, 2017 Bassam Za’za’, Legal and Court Correspondent   Question Around four years ago, I purchased a four-unit residential apartment from a developer in Ajman. The project […]

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