Emaar Properties Achieves 43% Rise in Q1 Profit on the Back of Strong Sales

Emaar Properties Achieves 43% Rise in Q1

Emaar Properties, the largest listed developer in Dubai, has announced a significant surge of 43% in its first-quarter profit, driven by real estate sales and efficient operations across its business units. According to a statement released by the company, net profit for the three-month period ending in March rose to Dh3.2 billion ($871 million), up […]

Introducing Al Habtoor Tower: A Remarkable Landmark

Al Habtoor Tower: A Remarkable Landmark

As The National News announced last week that Al Habtoor Group, a renowned Dubai conglomerate, has unveiled its latest grand venture – Al Habtoor Tower, an impressive residential complex that is set to become one of the world’s largest. With 81 floors and a remarkable built-up area of approximately 327,000 square meters, this iconic structure […]

Dubai’s real estate market saw deals worth Dh6.7 billion in January

Dubai’s real estate

More than 70 per cent of all transactions in January were for ready properties Dubai’s real estate market saw deals worth Dh6.74 billion in January, 2021 – this is up 37 per cent from the same period last year. Dubai: Dubai’s real estate market saw deals worth Dh6.74 billion in January, 2021 – this is […]

All the latest residency options available to live in the UAE

Long-term residence

Students’ family visa, retirement visa or remote working programme are some of the options Dubai: If you are looking to move to the UAE or are looking for new residency options, the UAE has announced several visa options recently, where students, entrepreneurs, working professionals or retirees can get a residence visa and sponsor their families […]

Surging investor confidence lifts Dubai real estate in 2020

real estate services

In December, Dubai recorded 3,751 transactions worth Dh7.50 billion, the 10th edition of Mo’asher, Dubai’s official sales price index launched by DLD in cooperation with Property Finder, shows A spike in property transactions in December lifted Dubai’s annual real estate deals in 2020 to 35,400 with a value of Dh72.47 billion, according to Dubai Land […]

EXCLUSIVE COVID-19: Dubai Tourism clarifies new rules for Dubai tourists, hotels

Tourists coming from anywhere must show negative PCR result of test taken within 72 hours All residents and tourists are required to adhere to all precautionary measures, wear their masks in public places and maintain social distancing. Dubai: The introduction of a new set of precautionary measures in Dubai was prompted by a spate of […]

UAE sets out legal overhaul of personal and family law

Property management

New regulations cover divorce, inheritance and alcohol, as well as tougher punishments for men who harass women and a Good Samaritan law A raft of changes will ensure that UAE laws cater for people of all backgrounds, religions and nationalities. The National The UAE government has embarked on one of the biggest overhauls of the […]

UAE allows 100% ownership of businesses for foreign nationals from December 1, 2020

President signs new Decree that updates 2015 Commercial Companies Law In one of the most consequential changes to the business landscape, UAE now allows foreign nationals to own their companies in full. Dubai: The UAE has scrapped the need to have UAE nationals as sponsors, thus allowing expatriate investors 100 per cent ownership with effect […]