UAE issues new rules for real estate transactions to combat money laundering
09 August 2022 – The National News – www.thenationalnews.com
Dubai records over AED1.6 billion in real estate transactions Monday
09 August 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae
Dubai real estate market recorded 376 sales transactions worth AED897.38 million, in addition to 122 mortgage deals of AED704.22 million, and 13 gift deals amounting to AED23.3 million on Monday, data …
Golden Visa, affordability will keep driving Dubai’s property market
08 August 2022 – GULF NEWS – www.gulfnews.com
Through the years, we have witnessed Dubai introduce a string of initiatives, encompassing simplified financing, low mortgage rates, and swift enactment of policies to further its dynamic economy.
Its leadership also played a …
Dubai’s weeklong real estate transactions total AED5.3 billion
08 August 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae
The real estate and properties transactions valued at AED5.3 billion in total during the week ending 05 August 2022. The sum of transactions was 2,247.
255 plots were sold for AED1.24 billion, …
Union Properties returns to profit in Q2; cost savings help
05 August 2022 – Trade Arabia BUSINESS NEWS INFORMATION – www.tradearabia.com
Dubai-based developer Union Properties has reported a net profit in Q2 2022 as it turnaround strategy was able to achieve significant cost savings.
Revenue from contracts with customers remained stable …
Dubai’s new real estate law to attract foreign capital
05 August 2022 – ARAB NEWS – www.arabnews.com
DUBAI: The new law on incentivizing property investment funds will lead to a boost in foreign capital, according to Amira Sajwani, general manager of sales and development at Damac Group.
Dubai’s ruler Sheikh …
Tecom Group Q2 profit up 54% on Dubai’s strong economic growth
04 August 2022 – The National News – www.thenationalnews.com
Tecom Group, the operator of business districts in Dubai, recorded a 54 per cent annual surge in net profit in the second quarter on “continued buoyancy” in the emirate’s economy.
Profit for the …
Dubai records over AED888 million in real estate transactions Wednesday
04 August 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae
Dubai real estate market recorded 310 sales transactions worth AED668.1 million, in addition to 86 mortgage deals of AED163.78 million, and 18 gift deals amounting to AED56.24 million on Wednesday, data …
UAE: Etihad Rail connecting 11 major cities set to spur property market growth
03 August 2022 – Khaleej Times – www.khaleejtimes.com
The national rail network of the UAE, Etihad Rail, is expected to contribute to the country’s economy and sustainability, with the real estate sector leveraging the most benefits, property analysts said.
The rail …
Dubai records over AED1.2 billion in real estate transactions Tuesday
03 August 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae
Dubai real estate market recorded 396 sales transactions worth AED845.37 million, in addition to 110 mortgage deals of AED376.93 million, and 11 gift deals amounting to AED96.55 million on Tuesday, data …
