Markets Dubai shares slide nearly 2% on Israel and Iran tensions Dubai’s benchmark stock index fell sharply on Friday, as heightened geopolitical tensions in the Middle East triggered a sell-off in heavyweight property shares. The DFM General Index dropped 1.87 percent after Israel launched strikes on Iranian military targets. Israel said it had hit nuclear and missile sites as well as targeting senior commanders, calling it […] June 13, 2025
Real Estate Emaar shares rise after upgrade by rating agencies Shares of Emaar Properties, Dubai’s largest listed real estate developer, rose on Wednesday after two global rating agencies upgraded its credit ratings. The stock was trading 1.5 percent higher at AED13.45 at close of trading on the Dubai Financial Market. More than 14.3 million shares had been traded. The stock has jumped nearly 5 percent […] June 12, 2025
Real Estate Branded homes in Abu Dhabi cheaper than Dubai and RAK Prices of luxury branded homes in Abu Dhabi are significantly lower than those in smaller emirates such as Dubai and Ras Al Khaimah (RAK), and below other rival global mature cities, new industry data shows. Branded properties in the UAE’s capital city cost between AED2,500 ($681) and AED4,000 per sq m. In comparison, similar homes […] June 12, 2025
Real Estate Emaar’s Indian unit expands amid sale talks The Indian subsidiary of Dubai-listed Emaar Properties has launched a new housing project in the state of Uttar Pradesh amid buyout talks with the local business Adani Group. The launch follows reports in March that the Dubai developer was planning to sell its Indian venture for $1.4 billion to a conglomerate led by billionaire Gautam […] June 4, 2025
Real Estate Aldar says Fahid Island development will cost $11bn Aldar Properties, the largest Abu Dhabi-listed developer by market capitalisation, will build more than 6,000 luxury residences on Fahid Island, one of its largest mixed-use masterplans in the emirate. The gross development value of the project is estimated at more than AED40 billion ($10.89 billion), the developer said in a statement. The company announced […] June 3, 2025
Real Estate Emaar Development buys new land in Dubai for $790m Emaar Development, the UAE development arm of Emaar Properties, has acquired a new land plot in Dubai for the potential expansion of its master communities. The land, the size of which was not disclosed, was acquired for AED2.9 billion ($790 million) from Amlak Property Investment in Ras Al Khor, the developer said in a statement. The […] June 2, 2025
