Real Estate

Dubai’s property boom fuels rise of integrated fit-out firms

Growing demand for faster delivery and all-in-one design models across the UAE Dubai’s booming real estate sector is accelerating a major transformation in the UAE’s fit-out and construction industry, as developers and investors increasingly turn to integrated delivery models that combine design, construction, and post-handover services under a single platform. Amid rising...

Emaar spends near Dh3b in major Dubai land deal

Emaar has been on a new project launch drive, and new land will come in handy Dubai: Emaar is spending a substantial Dh2.98 billion to buy land in Ras Al Khor, as the Dubai master-developer goes about adding to an already substantial land bank in the city. The deal for the new land was with Amlak Property Investment, the DFM-listed entity that is selling non-core operations as part...

Dubai property sees handover of 10,000 units for second straight month

Average apartment rents rose by around 2 per cent quarter-on-quarter, supported largely by sustained demand in the affordable housing segment, Property Finder report shows Dubai’s property market is showing signs of transitioning from a rapid-growth cycle into a more mature and stabilised phase, supported by strong economic fundamentals, infrastructure investment and sustained buyer confidence, even...

Do UAE tenants now need approved credit checks before signing rental contracts?

Here’s how UAE’s new credit score screening system will work for tenants, landlords Dubai: Is the UAE rental market now entering a new phase of financial screening? Private landlords across the country can now request the credit scores of prospective tenants through a new “Tenant Screening” solution launched by Etihad Credit Bureau in collaboration with UAE PASS. For UAE residents...

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