Fall in revenue and intense competition drive S&K Estate Agents to file for bankruptcy.
Fall in revenue and intense competition drive S&K Estate Agents to file for bankruptcy.
According to real estate investment and advisory firm JLLdemand growth has softened, stock completions currently remain stable and vacancy rates remain minimal.
Sales accounted for a value of Dh53 billion, while the mortgages accounted more than Dh65 billion, leaving all remaining operations with the total value of Dh10 billion.
The majority of the new supply was added along the Sheikh Mohammed Bin Zayed road, with the International Media Production Zone (IMPZ) area accounting for 26 per cent of the total supply.
In order to boost performance in markets under stress, HMH has deployed strategic measures.
Affordable housing, the growing demand for quality facility management and the need to improve broker knowledge of Dubai regulations are the three themes scheduled for discussions at the new one-day conference.
Dubai developer makes first international foray outside the Middle East with luxury residential tower, writes Deepthi Nair.
The volume of threats and attacks that have compromised data belonging to individuals and organisations has increased sharply year-on-year.
Property market in the UAE is set to soften as rental rates for apartments and villas drop in second quarter.