Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice president and prime minister of the UAE, issued Law No. (2) of 2022 on the expropriation of property for public use in the Emirate of Dubai. The new Law regulates the procedures for expropriating property for public use.

It also formed a risk committee before upcoming payment deadlines.

The Dubai Land Department or DLD said the emirate saw a total of 1,850 real-estate transactions over the seven-day period.

Emaar Development sales were AED20.943 billion in Jan-Sept 2021.

The Business Bay came on top in terms of volume and value, recording 155 transactions worth AED170 million ($46.29 million).

The Chinese firm has restarted work on 10 projects.

The UAE prosecutors have begun an investigation into Union Properties, the Dubai-based real estate developer, after allegations arose of the company selling property at less than its real value.

Dubai Investments and Marjan have tied up for the project.

Buyers from Middle East have been scouting London for property deals in prime central London, with sales in the first eight months of 2021 surpassing those for the whole of 2020.

Mubadala is biggest shareholder of asset manager Investcorp.

Jordan has said the act of revealing the addresses of the properties, spread all across the world, owned by the king — something that some media outlets have done — “is a flagrant security breach and a threat to His Majesty’s and his family’s safety.”

Shuaa Capital, the United Arab Emirates (UAE) based company, has said that it intends to fully complete and deliver the $2.7 billion worth of property projects in London through Northacre.

The once-mighty Evergrande Group has long been the face of Chinese real estate, surfing a decades-long property boom to expand into more than 280 Chinese cities as it peddled home-ownership dreams.

The figures indicate that the property market, particularly the residential market, is recovering after hitting a low at the start of the pandemic last year.

If you are an investor, you can now own a share of Dubai property for as little as $136.

DUBAI: Real estate and property transactions worth AED 6.2 billion were recorded in Dubai during the week ending Thursday. Dubai Land Department said a total of 1,345 deals comprised 215 plots that sold for AED1.2 billion and 1,163 apartments and villas that went for AED 2.45 billion. The most expensive...

This new move could make Saudi Arabia appear more expat-friendly as the nation looks to project itself as a regional hub of business activity.

The Dubai-based firm's net profits rose to AED302 million in the first half of this year.

4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.

Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent to AED265.1 million in the first half of 2021, the latest financial results have highlighted.

Hyde will work with Emerald Palace Group to develop the property The hotel will be located in Business Bay For the first time in its history, Hyde will launch its first property outside the US in Dubai during the later part of the year. Hyde, a brand under global hospitality...

The developer has reported a surge in pre-sales in the UAE to $2.85 billion S&P Global Ratings give Emaar Properties a stable outlook The Dubai property market might not be booming yet, but the first signs of recovery have begun to appear on the horizon. Emaar Properties, the developer of...

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Bahrain’s Survey and Land Registration Board has said property transaction volumes in the first quarter rose to $600 million This is a rise of more than a third compared to $440 million in the same period last year Bahrain’s Survey and Land Registration Board has said in a report that...