New Law comes into effect removing developers from setting charges or collecting funds
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Construction giant Emaar Development says new JV venture will build new mega project on Dubai-Al Ain Road
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Rented housing units hit 6,049 units hosting 168,502 guests in 2019
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Damac Properties recorded a sharp decline (46 per cent) in nine-month revenues to Dh2.8 billion from Dh5.2 billion. Net profit was down to Dh133 million from Dh1.1 billion a year ago, a drop of almost 88 per cent.
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Dubai developer Damac cites low profitability as it announces it will withhold dividends at the end of this year
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Developer agrees to joint venture for project called The Valley on Dubai-Al Ain Road
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The month also sets the record of second highest off-plan sales in Dubai since 2008
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The modern housing concept is gaining ground among young professionals
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Studio One is Select Group’s 14th development in Dubai Marina
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Out of 1004 dubizzle users surveyed, 83% are looking to move into a new home in the next six months, with only 18% downsizing, and 37% going for a similar sized property
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Dubai Hills recognised as the World’s Best New Course
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Damac’s latest figures revealed an 87 percent plunge in Q2 profits to $13.7m with revenues falling 46 percent to $264m
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