Monthly Archives: August 2021

V-shaped recovery in progress

31 August 2021, Khaleej Times –

Dubai has been a shining light in an unpredictable year, showing signs of steady recovery and growth in the second half of 2021 onwards

The year 2020 was blemished by pandemic-driven volatility and halted …

Dubai, Abu Dhabi corporates post big Q2 surge in net profits

30 August 2021, Khaleej Times –

Net profits for listed companies in Dubai and Abu Dhabi soared 29.7 per cent and 49 per cent respectively year-on-year in the second quarter of 2021, driven by banking, real estate and the telecom …

Aldar launches new project ‘Magnolias’ at Yas Acres

30 August 2021, Arab News –

Building on the success of the first two phases of its flagship development on Yas Island, UAE real estate developer Aldar Properties has announced the launch of Yas Acres The Magnolias. The third …

AED6.2 bn of weeklong real estate transactions in Dubai

29 August 2021, Emirates News Agency –

DUBAI, 26th August, 2021 (WAM) — Dubai recorded a total of 1,345 real estate and properties transactions valued at over 6.2 billion in total during the current week.

According to Dubai Land Department, …

Union Properties unveils Motor City Views

29 August 2021, Khaleej Times –

Dubai’s leading developer, Union Properties, announced on Thursday its new project – Motor City Views.

The development, one of the upcoming integrated residential communities, is expected to add value to Dubai’s comprehensive urban redevelopment …

Dubai’s most affordable areas: Rents start from Dh14,000

25 August 2021, Khaleej Times –

The upcoming Expo 2020 Dubai is expected to lift real estate demand for the short-term period

The vast majority of communities across Dubai recorded rental rate growth in the second quarter of 2021, resulting …

Dubai villa, apartment prices to rise modestly in coming years

24 August 2021, Khaleej Times –

This stands in stark contrast with other world property markets, where already record-high house prices were expected to rise in double digits this year.

Dubai’s residential property market is on a steady course, with …



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