Tag: Property News
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Emaar achieved group property sales of AED 26.9 billion (US$ 7.3 billion) in the first 9 months of 2022
Dubai, United Arab Emirates – 14 November 2022: Emaar Properties PJSC (DFM: EMAAR), announced continued growth in the first nine-month profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. Key performance highlights Emaar recorded revenue during the first nine months of 2022 (“9M 2022”) amounting to AED 18.9 billion…
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Ellington Properties signs strategic partnership with BSBG for a new era of expansion
November 14, 2022, Dubai, UAE,: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, has appointed Brewer Smith Brewer Group (BSBG), an award-winning international design architecture and executive architecture group, as their lead consultant for new and upcoming projects located in Downtown Dubai, Jumeirah Lake Towers (JLT) and Business Bay. The partnership marks a new era…
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WITH A SHORTAGE OF HIGH-END, READY-TO-LIVE PROPERTIES IN DUBAI, DEMAND FOR OFF-PLAN IS ON THE RISE
Dubai, UAE, October 13. 2022: Property buyers in Dubai are moving towards off-plan purchases as the emirate experiences a shortage of available high-end assets, according to a leading premium real estate developer in the emirates. Speaking ahead of Cityscape – The UAE’s largest property event – PNC Menon, the founder and chairman of Sobha Realty,…
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SHUAA Capital delivers AED 20 million net profit in Q3 2022
United Arab Emirates, 11 November 2022: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has announced its financial results for Q3 2022. In the third quarter, SHUAA and its subsidiaries (the “Group”) reported a net profit attributable to shareholders of AED 20 million compared to a net loss of…
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Eshraq Investments reports its highest ever quarterly profit in its history of AED 474 million for Q3 2022
Abu Dhabi, UAE; 11 November 2022: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), today announced its results for the period ended September 30, 2022. The Company reported its highest ever quarterly net income of AED 475 million, a 27-fold jump year-over-year. Eshraq’s book value stood at AED 0.9238…
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Driven Properties wins Quality Brokerage of the Year 2022
11 November 2022 – Dubai, UAE: Driven Properties, Dubai’s leading luxury real estate brokerage, won Quality Brokerage of the Year at last night’s Property Finder Real Estate Awards. It is the second consecutive year the company bags the coveted award – and the first ever that the same agency wins twice in a row. The…
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Four Seasons and Midad Real Estate Announce Plans for Hotel in Jeddah’s Corniche District
The upcoming luxury hotel, serviced apartments and branded residences will have exceptional views of the Red Sea and easy access to Jeddah’s dynamic commerce hubs Toronto, Canada, November 10, 2022- Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, announces plans to expand its presence in the Middle East alongside Saudi-based investment firm…
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ZāZEN Properties shares insights on unprecedented growth in the UAE’s residential real estate sector
Dubai, UAE – 10 November 2022: ZāZEN Properties, a leading sustainable property developer in the UAE, is observing strong growth in the UAE’s residential real estate sector. The homegrown brand notes that the sale of off-plan and secondary properties in Dubai reached a 12-year high in the third quarter, both in terms of volume and…
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Change Your Money Mindset with Miracles Wellness Center’s New Workshop
Dubai, UAE, November 2022 – Get ready to improve your relationship with money and change your money perceptions as Miracles Wellness Center launches an exclusive workshop on the Art of having Money with Dr David Kubes. To be held on 14th November, this one-of-a-kind class is aimed at anyone having difficulty with money or wishing to improve their relationship…
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The DAMAC Hills 2 Hotel is set to open in the coming months
A sought-after destination for business and leisure travellers alike, this Edge by Rotana managed hotel will be an exemplary destination to stay and explore. Dubai, UAE, November 2022 – The brand-new DAMAC Hills 2 Hotel, an edge by Rotana managed hotel that is set to open in the coming months in DAMAC Hills 2, a vibrant…

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