Tag: Property News
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DAMAC’s Cavalli Tower Set to Redefine Luxury Living with Completion on Target
Dubai, UAE, 6 March 2024 –DAMAC Properties, a leading luxury real estate developer in the UAE, announced that the Cavalli Tower, its inaugural branded residential tower project in the UAE is on target for completion. Situated in the vibrant Dubai Marina, adjacent to DAMAC’s Ocean Heights, the 71-storey Cavalli Tower will set a new standard in…
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“Deyaar” Board reaches landmark decision to distribute dividends
Dubai, UAE – 05 March 2024: In a major milestone, the Board of Directors of Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), has announced the approval of dividend distribution for the first time in the company’s history.This landmark decision marks a…
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The Real Estate Day for Emiratis Employment 2024 supports localisation efforts, provides over 300 job opportunities
Sultan bin Saeed Al Mansouri: During my tour of the event, I discovered many opportunities awaiting exploitation by the national talents.Hessa bint Essa Buhumaid: We invited job seekers with a high school diploma or higher to attend the events of this day, which significantly contributed to the success of the event.Ghannam Al Mazrouei: We were…
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DLD honours owner of real estate investment transaction number ‘1,000,001’ with several top-performing real estate brokers and investors
Dubai, United Arab Emirates, 01st March 2024: Dubai Land Department (DLD) concluded its participation in the International Property Show – IPS 2024, which spanned three days with the involvement of 125 local and international exhibitors. The event provided a platform for exchanging expertise and showcasing the latest projects and most promising investment opportunities the real…
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MERED wins ‘Project of the Year with Best Architecture’ at the Pillars of Real Estate Awards 2024
Dubai, United Arab Emirates, 28th February 2024 – MERED, an award-winning international real estate developer, known for its flagship project – ICONIC Tower in Dubai Internet City has today announced its win for the Project of the Year with Best Architecture at the Pillars of Real Estate Awards. The flagship tower is developed in collaboration…
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Deloitte reports record real estate transaction levels in Dubai: Sales prices up 18% and rents up 26% in 2023
Dubai, United Arab Emirates, February 28, 2024 – Theleading global professional services firm, Deloitte, released its annual Real Estate Report for the year 2023, reflecting on the robust performance of Dubai across all market sectors. The residential market in Dubai has experienced remarkable growth in 2023, with sales prices increasing by 18% and rental rates soaring by…
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SEE Holding recognized for excellence in sustainable residential development at International Property Awards 2024
SEE Holding named Best in Arabia in the “Sustainable Residential Development” category for The Sustainable City, and “Public Service Development” category for Sanad Village.Dubai, United Arab Emirates, February 22, 2024: SEE Holding, the region’s leading sustainably focused global holding group and the visionary force behind The Sustainable City, has been honored with prestigious accolades at…
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e& reports record consolidated net profit of AED 10.3 billion growing 3% year-over-year
Abu Dhabi, 21 February 2024 – e& announced its consolidated financial results for fiscal year 2023 reporting a record consolidated net profit of AED 10.3 billion, a growth of 3 per cent year-over-year. Underlining the Group’s commitment to value creation for its shareholders, e&’s Board of Directors proposes a dividend of AED 0.40 per share for…
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Amsaan partners with MOTIONGATE™ Dubai to pioneer Deaf-accessible theme park experience
Dubai, UAE, 21 February 2024: In an innovative move, Amsaan, a pioneer in accessible IT solutions developed by Gulf People of Determination Information Technologies (GPDIT), has joined forces with MOTIONGATE™ Dubai, the flagship theme park of Dubai Parks and Resorts™ part of Dubai Holding Entertainment, to enhance the theme park experience for Deaf visitors. This…
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International developer MERED opens its official headquarters in Dubai Internet City
Dubai UAE, 19th February 2024: MERED, an award-winning international real estate developer, has created a visionary space for its headquarters in Dubai, with an immersive atmosphere that seamlessly marries luxury with forward-thinking design. The office showcases how the brand is set to redefine the essence of real estate development in the most captivating way.Located in…
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