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The company's net income climbed to $353 million as development sales hit $1.7 billion Aldar Properties, Abu Dhabi’s biggest listed developer, reported a more than 81 per cent annual jump in its first-quarter net profit on higher sales, as the property market remains robust amid the continued economic momentum in

Residential communities and villas in Dubai have suffered the brunt of the record-breaking downpours in the UAE this week, with many properties being submerged in floodwater. Many families across the emirate have seen their belongings destroyed, while some have been forced to evacuate their homes after the highest ever-recorded rainfall

The sale of a 49 percent stake in ICD Brookfield Place should plant a flag in terms of institutional investment in commercial real estate in the Middle East, according to the regional boss of one of the sellers. The almost half-share in the 1.1 million square-foot office tower - part

The first quarter of 2024 opened up to strong demand for existing projects across both Dubai and Abu Dhabi unlike the first quarter of 2023. Demand for ready properties grew in the UAE in the first quarter of 2024 as tenants are increasingly opting for ownership to beat rising rentals.

The real estate market is a cornerstone of any economy and affects a vast number of people through its movements. In 2024, the real estate sector continues to have promising long-term potential. Robust economic growth, expanding population, and government investment could all contribute to increasing demand for real estate. Governments,