Net profit during the third quarter (Jul to Sep) 2015 was Dh376 million ($102 million), 17 per cent higher compared to third-quarter (Jul to Sep) 2014 net profit of Dh321 million ($87 million).
Net profit during the third quarter (Jul to Sep) 2015 was Dh376 million ($102 million), 17 per cent higher compared to third-quarter (Jul to Sep) 2014 net profit of Dh321 million ($87 million).
Bin Kalban said the current slowdown in the real estate market was natural.
A quick look back at the history of these reports and it quickly becomes clear just how far apart the predictions are to the actual reality of the number of delivered projects.
Union Properties launches sales for affordable townhouses and duplexes in Green Community West.
The exhibition had some of the top names in the real estate industry participating and providing consumers with a wide variety of choices.
More purchasing power, consumer confidence key factors.
Almoosa notes that real estate transactions worth over Dh64 billion were recorded in the first quarter of 2015 alone, and that a significant number were initiated by foreign investors.
With over 40 exhibitors at the show, customers can choose properties from several projects with varying options ranging from apartments, plots, farm houses, villas and much more with prices to suit all budgets.
Majority of residents are citing rent rises contrary to analysts' reports.