Aldar appoints contractor for second phase of AED 10 billion Alghadeer project
Aldar Properties has announced the appointment of Al Rakha Contracting & General Transport LLC as the main contractor for infrastructure buildings and early works package for the first neighbourhood in the second phase of Alghadeer – a AED 10 billion mega development, situated close to the...
SENAAT, one of the largest industrial investment holding companies in the UAE, announces that it has successfully issued AED 1.1 billion (US$300 million) through a fixed rate senior unsecured US dollar denominated RegS sukuk with a 7 year tenor.
Annual house price growth in Dubai has softened and are expected to continue declining, according to the latest Dubai House Price Index report by Cavendish Maxwell Property Monitor.
Aldar reports 8% increase in Revenue to AED 1.5 billion Q3 2018
Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties commented: “Our financial results for the quarter reflect the solid performance of our two core businesses, with gross profit steady year on year.
Pace of decline in prices in Abu Dhabi investment zones has slowed over the third quarter.
Cavendish Maxwell release their Q3 2018 Abu Dhabi Market Report showing Abu Dhabi apartment and villa/townhouse rents have continued to decline in Q3 2018, albeit at a slower pace than 2017.
New investment policies to drive Dubai’s real estate market, says JLL
Policies aim to boost foreign direct investment in Dubai and increase demand from overseas businesses, says JLL's Dubai Real Estate Market Overview - Q3 2018.
