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dubailand

Emaar Properties declares cash dividend of Dh1b

emaar

Emaar Properties declares cash dividend of Dh1b Emaar Properties PJSC on Sunday evening approved the distribution of a Dh1 billion ($272.25 million) dividend to shareholders. Sunday’s announcement brings the total cash dividend for the year to Dh4 billion ($1.089 billion). The distribution of Dh3 billion ($816.8 million) in dividend was approved at Emaar General Meeting…

Dubai’s rental declines cool off in first quarter

Dubai rental

Dubai’s rental declines cool off in first quarter Residents expecting a further — and immediate — drop in rents need to be patient. The rate of decline in rents seem to be stabilising… at least for the moment. “As against the 8 per cent or so year-on-year decline, Q1-18 transactions suggest that this is coming…

Happy Cities’ is theme for realty event

happy city

Happy Cities’ is theme for realty event The Dubai Land Department (DLD) has announced ‘Happy Cities’ as the theme for the 69th FIABCI World Congress 2018 to be held from April 27 to May 2. FIABCI is the French acronym for “Federation Internationale des Administrateurs de Bien-Conselis Immobiliers”, which means “The International Real Estate Federation”….

New policies to boost FDI in real estate

FDI in property

New policies to boost FDI in real estate ew policies and incentives will soon be announced which will lead to further growth in foreign direct investment (FDI) into Abu Dhabi, a top government official said on Tuesday. In his opening remarks at the 12th edition of Cityscape Abu Dhabi, an official from the Department of…