Latest Property News

UAE Launches 10 Years Residence Visa

The outcome of a cabinet meeting chaired by His Highness Sheikh Mohammed Bin Rashid Al Maktoum on Sunday 20th May 2018 is set to improve the trust and confidence of foreign investors, creating countless new opportunities within the UAE.The meeting...

How will VAT be applied on properties in the UAE?

The Federal Tax Authority (FTA) has clarified that all owners of commercial buildings, developers, providers of services to the commercial or residential property sector should register before 31 December 2017 if their taxable supplies made and impor...

Emaar leads the pack of developers in the Arab world

Emirati companies' revenues reached $10.4 billion as against $18.1 billion by 40 Arab developers. Seven UAE companies have been ranked among the top 40 listed real estate developers in the Arab world, led by Emaar, Aldar and Damac Properties, acco...

Where residents want to live

How consumers benefit from a growing number of new communitiesResidents are becoming smarter consumers of real estate, utilising their money more efficiently when buying or leasing property. As several newer communities have come up, offering value f...

Dubai to host international forum for real estate professionals

The Dubai Land Department, DLD, will host the 69th World Congress of the International Real Estate Federation, FIABCI, in Dubai on April 27 - May 2, 2018.FIABCI provides access and opportunity for real estate professionals interested in gaining knowl...

EMAAR PROPERTIES RECORDS 15% GROWTH IN NET PROFIT TO AED 1.384 BILLION (US$ 377 MILLION) IN Q1 2017

Q1 2017 revenue increases by 15% to AED 4.072 billion (US$ 1.109 billion)Recurring revenues from malls, hospitality, entertainment and leisure businesses at AED 1.592 billion (US$ 433 million), 39% of the total Group revenueRevenue from international...

Is this Dubai’s most expensive penthouse?

A 14,000 square feet penthouse at Bvlgari Resorts & Residences, Jumeirah Bay has sold for Dh60 million.Developed by Meraas, property deal was conducted by real estate brokerage, Luxhabitat, with the project due for completion by the end of 2017.T...

Nakheel releases construction tender for Dh670m RIU resort

A joint venture between Dubai master developer Nakheel and leading Spanish hospitality group RIU Hotels and Resorts has moved a step closer with the release of a construction tender for an 800-room, beachfront resort and water park at Deira Islands.W...

India's new property law seeks to protect home buyers

In 2010, Neena Nagpal and her husband spent their life savings on a flat outside Delhi that was never built. Now, a new law seeks to protect thousands of home buyers like her from unscrupulous property developers."The entire experience has been p...

Find out which city has the most expensive real estate, and how Dubai fares…

Residential property in Monaco has emerged as the most expensive real estate in the world, according to Savills, in its ‘Spotlight on Monaco’.Dubai’s prime market is seven times more affordable, ranking in the 10th position on a lis...

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