No rent hike seen in near future – News

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[…]

Deyaar reports Dh2.6 million Q1 net profit

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[…]

Palm Jumeirah property weather Covid-19 downturn | News

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[…]