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dubai real estate

Dubai real estate brokers earn Dh842 million in commissions

dubai property market

The Dubai Land Department (DLD) has announced that real estate brokers earned commissions worth Dh842 million in the first nine months of 2018. The brokers contributed to concluding 18,121 transactions in that period. The report issued by the department of real estate studies and research at DLD shows that brokers earned Dh429 million from land…

Abu Dhabi realty offers unique destination, diverse products

Abu Dhabi

Diversifying into different sectors with quality products is the way forward to stay afloat, real estate experts and developers said during the 10th edition of International Real Estate and Investment Show held in the Capital. They said the new investment law will add much-needed confidence in the market. Chairman of Real Estate Sector Committee, Abu…

Dubai named world’s top mega city for construction

Dubai construction

Dubai has been named as the world’s top city for construction projects with a pipeline worth $374.2 billion, according to new research. The UAE city beat London into second place, with $328.7 billion worth of projects, in a list of the world’s 50 Construction Mega Cities compiled by GlobalData. According to the report, an estimated…

Beirut’s swanky property market bears economy’s scars

Beirut real estate

Permanently-drawn curtains on the city’s empty luxury high-rises and dust gathering over shuttered storefronts in the Beirut Souks mall offer a glimpse of the economic gloom gathering over one of the world’s most indebted countries. Prolonged conflict in Syria and political divisions at home have hit market confidence. Economic growth has been stagnant for years,…