January 23, 2024

Deyaar profit surges 206% in red-hot Dubai real estate market

The net profit has increased to $120 million, up from $39.26 million for the corresponding period in 2022, while revenue has seen a 56% growth, reaching $341.5 million. Deyaar, a prominent real estate developer and service provider in Dubai, reported a 206 percent increase in net profit for the full financial year ending on December 31, 2023, reaching AED440.7 million ($120 million). This marks a...

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Dubai developer to select tenants for new building through exclusive auction

The online auction initiated by Alphabeta Properties commenced on January 21 and is expected to continue for approximately two weeks.The online auction initiated by Alphabeta Properties commenced on January 21 and is expected to continue for approximately two weeks. On Meydan Avenue, Alphabeta Properties unveiled its residential project, M77, on Sunday, introducing unconventional rental procedures. M77...

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