Prior to the impact of Covid-19, rents in the residential segment were recovering in markets. Residential market will remain tenant-friendly for a longer duration because real estate recovery will take longer to stabilise owing to fewer transactions, lower sales as well as uncertainty surrounding the coronavirus pandemic, say property analysts. Due to ongoing[…]

Thank you for your reading and interest in the news Deyaar reports Dh2.6 million Q1 net profit and now with details Aden – Yasmin Abdel Azim – Deyaar’s Midtown is located in Dubai Production City. The company on Sunday reported revenues of Dh98.8 million and net profit of Dh2.6 million for the first quarter of[…]

“We started seeing the demand grow [for these properties} almost immediately after the COVID-19 crisis began and the demand grew weekly at a significant pace, while apartment demand declined,” Abad told Zawya. “We also started to see a rise in searches for keywords such as outdoor space, garden and pool. It is very clear, through[…]

As the Dubai real estate market copes with the disruption caused by the Coronavirus pandemic, leading brokerage Appello Real Estate has said it is seeing positive levels of buyer interest in the Palm Jumeirah as the destination move through quarter two. The iconic man-made island celebrated several exciting new launches recently. This should see the[…]

DUBAI/LONDON (Reuters) – The governments of Abu Dhabi and Dubai are discussing ways to prop up Dubai’s economy by linking up assets in the two emirates, with Abu Dhabi’s state fund Mubadala likely to play a key role in any deal, three sources familiar with the matter said. FILE PHOTO: A general view of Business[…]

23 shows Arbery on the property right before the shooting. … That helped boost Dubai's crucial real-estate market and had officials hoping for more … Source link

Thank you for your reading and interest in the news British educational charity under investigation over ex-trustees ‘Dubai‘ investment and now with details Hind Al Soulia – Riyadh – An investigation has been launched into a charity which housed an Islamic school found to be unlawfully segregating its students at the centre of the UK’s[…]

The Beach at Jumeirah Al Naseem adhering by social distancing rules Image Credit: Supplied Dubai: Private hotel beaches in Dubai are now open within the directives of Dubai Tourism. At this point in time, pools, spas, saunas, gyms, fitness and kids clubs are still closed. If you’ve missed being in the water, you now have[…]

Dubai bourse led the regional fall, losing 1.8 per cent to 1,886.5 points in the morning trade. The UAE and other GCC stock markets fell on Thursday morning, in line with decline in other global markets. Dubai bourse led the regional fall, losing 1.8 per cent to 1,886.5 points in the morning trade.[…]