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Real Estate firm in Dubai compelled to return Dhs12.4 million to investor

The Dubai Appellate Court obligated a real estate developer to return Dhs12.4 million to an Arab investor, in addition to and a 5 per cent interest from Nov.19, 2024, until...

Woman wins Dhs100,000 compensation for rain water leakage in her Dubai flat

23 Mar 2025

The Dubai Real Estate Court ordered a famous resort and hotel to pay compensation of Dhs100,000 to a European woman who owns a property unit in the hotel, due to...

Berlin debt splurge affects German property firms

20 Mar 2025

Berlin’s borrow-to-spend splurge is driving up borrowing costs, further choking embattled property companies seeking fresh loans and threatening to compound the country’s wider economic woes.A property crisis in Germany, Europe’s...

Court orders liquidation of Real Estate firm in Dubai

16 Mar 2025

The Commercial Court in Dubai has issued a ruling to liquidate a real estate company after it was proved that its manager had been negligent in performing his duties and...

29,000 companies operating in trading, services sector join Dubai Chamber of Commerce in 2024

16 Mar 2025

A recent analysis conducted by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 29,000 new companies operating in the...

Sharjah real estate transactions hit Dhs3.5 billion in February

14 Mar 2025

The monthly statistical data issued by the Sharjah Real Estate Registration Department revealed that the volume of real estate transactions across various regions and cities in Sharjah amounted to Dhs3.5...

Ajman records Dhs9.655 billion in contracts

06 Mar 2025

The Ajman Municipality and Planning Department announced that construction contracts’ value in the emirate exceeded Dhs9.655 billion in 2024.This aligns with the emirate’s strategic goal of achieving sustainable development in...

Dubai court orders woman to pay Dhs300,000 compensation to a real estate firm for breaching deal

06 Mar 2025

The Real Estate Court in Dubai has ruled to terminate a sales and purchase agreement for a residential unit between a real estate development company and a European woman.The court...

Abu Dhabi real estate transactions hit Dhs17.24 billion in first two months of 2025

03 Mar 2025

Real estate transactions in Abu Dhabi reached Dhs17.24 billion in the first two months of 2025, with over 5,000 transactions, reflecting the sector’s strong activity.According to the “DARI” platform of...

India’s average housing prices increase 10% in Q4 of 2024

02 Mar 2025

In the fast-changing real estate scenario across eight cities in India, average housing prices witnessed a 10% annual rise at INR 11,266 per sq ft during Q4 2024 backed by...

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