Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe

Business, Economy, Video

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Post-Covid UAE real estate upswing to continue

By TRENDS Desk
November 13, 2022 10:17 pm
  • In a report, real estate advisory firm JLL said that the residential sector was the highest performer “within construction asset awards”.
  • The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market.

Global commercial real estate services company Jones Lang LaSalle has said that UAE’s construction projects market rebounded during 2021 after Covid setbacks. In a report, JLL said that the residential sector was the highest performer “within construction asset awards”. The momentum will continue through 2022 as the real estate market in the Emirates witnessed the launch of several residential projects. The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market. TRENDS takes a look at these developments:

 

Most Read