• Dubai real estate stabilises as new supply enter the market

    Dubai: Real estate sales and rentals suffered correction in the third quarter of the year compared to previous quarter but witnessed growth in both the segments compared to same period last year, according to a latest report. Dubai’s real estate sector witnessed further stabilisation and a slowing down of both rental rates and sales prices […]

  • Dubai property sector sound and growing

    Dubai’s property market is growing and very importantly growing sustainably, with developers all round showing signs that they have learnt some very important lessons from the past; chief among those the need for development to be both sensible and maintainable. This is especially evident in the diverse range of developments currently being undertaken in what […]

  • Dubai developer Nakheel announce Dhs2.6 billion profits

    Nakheel made a net profit of Dhs2.6 billion for the first nine months of 2014, the developer has announced. The figure is higher than the company’s profit for the whole of 2013 and an increase of 47 per cent on a profit of Dhs1.77 billion in the same period last year. Strong revenue from property […]