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  • Select Grp & Select Prpty Plan AED 678mn Project


    The Dubai-based Select Group and the UK based property developer Select Property today jointly launched West Avenue, a 32 storey luxury Manhattan style complex on one of the last remaining plots on Dubai Marina. Press Release - 28Aug 08:28GMT
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  • Al Hanoo links Al Nujoom Islands project to GPS


    Al Hanoo Holding has finished linking the islands of the Al Nujoom Islands project - the biggest waterfront project in the emirate of Sharjah - to the Global Positioning System (GPS). Press Release - 28Aug 11:24GMT
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  • Oman's Amouage plans global expansion


    Frankincense is the unique selling point of the international fragrance house Amouage, but the worrying decline in the frankincense tree population may force the Oman-based manufacturers to look for alternatives Gulf News - 28Aug 05:49GMT
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  • ACI unveils new project in Dubai, eyes Qatar to develop properties


    ACI Real Estate, an affiliate of German-based investment firm Alternative Capital Invest (ACI), is looking to develop properties in Qatar, a top company executive said. Emirates Business 24/7 - 28Aug 05:27GMT
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  • Ferretti and ACI unveil luxury projects


    ACI Real Estate and Ferretti Group launched two luxury waterfront residences, Ferretti Luxury Beach Residence and Pershing Luxury Beach Residence. Gulf News - 28Aug 05:13GMT
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  • 3,458 Complaints Against Emirati Developer


    A total of 3,458 complaints have been filed against Emirati businessman Abed Al Boom, owner of Abed Al Boom Management and Development Properties, for reportedly swindling depositors of an estimated Dh847 million. Gulf News - 28Aug 05:07GMT
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  • Dubai Clamps Down On Illegal Off-Plan Sales


    The Government of Dubai wants property developers to register their holdings and stop selling unregistered properties "off plan". Gulf News - 28Aug 04:25GMT
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  • ACI-Ferretti Launch Two Beach Residences


    ACI Real Estate and Ferretti Group today launched two luxury waterfront residences, "Ferretti Luxury Beach Residence" and "Pershing Luxury Beach Residence". Press Release - 27Aug 11:49GMT
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  • Emaar - Armani Plan Armani Residences in Egypt


    Emaar Properties PJSC in partnership with Armani S.p.A have announced the highly sought-after Armani Residences in Marassi, Emaar's flagship resort development in Egypt. Press Release - 27Aug 06:56GMT
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  • Al Qudra to buy 400,000 hectares of land for farming


    Abu Dhabi based Al Qudra Holding is planning to acquire 400,000 hectares of land by the first quarter of next year in the Middle East and North Africa, Eastern Africa and Asia to cultivate wheat, maize, rice and vegetables. Khaleej Times - 27Aug 06:48GMT
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Zawya Select
ZawyaSelect
Heading Off-Plan
Speculation about whether Dubai's property bubble will burst has been a favourite pastime of analysts, but doom-laden predictions have not materialised - so far.
 

 
Capital Gains Tax Unlikely
It is extremely unlikely that the Dubai Government will start imposing a capital gains tax on property dealing, real estate analysts said.
 

 
UAE
New Mortgage Law
The new mortgage law in Dubai will encourage more companies to enter the business, but the industry still lacks in-depth market information.
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 Emaar Properties UAE 15,784
2 Ezdan Real Estate Company Qatar 9,287
3 Douja Promotion Groupe Addoha Morocco 7,623
4 Dar Al Arkan Real Estate Development Company Saudi Arabia 7,163
5 ALDAR Properties UAE 6,684
» View Full List
 
 
 
 
 
 
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