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Company News - Dubai Properties
Allsopp & Allsopp Helps Brits Buy 30 Billion AED Properties In Dubai (21 May 2018)
If there was ever any doubt that people from the UK love Dubai and the UAE, the latest figures shared by Dubai Land Department dispel that doubt for good and reinforces real estate agent Allsopp & Allsopp’s decision to advertise all of their sales listings in the UK.

DAMAC Properties Rings Bell To Celebrate Listing Of USD 400 Million Sukuk On Nasdaq Dubai (13 May 2018)
Adil Taqi, Group Chief Financial Officer of DAMAC Properties, today rang the market opening bell to celebrate the listing of a 400 million US dollar Sukuk, issued by DAMAC Real Estate Development Limited (DRED), on Nasdaq Dubai. DRED is a wholly owned subsidiary of DAMAC Properties PJSC.

Nasdaq Dubai Welcomes Two Sukuk Listed By Sharjah Islamic Bank And DAMAC Properties (18 April 2018)
SIB supplies a broad range of Sharia’a-compliant retail, corporate and investment services through its networks across the country, including asset management and international banking, serving individual and institutional clients.

Dubai Properties Announces On-Time Handover Of Mudon’s Arabella Townhouses (2 April 2018)
Dubai Properties today announced the on-time completion of Mudon’s Arabella townhouses, located in Dubailand.

MAG Robotic Investments And Emaar Properties PJSC Join Forces To Develop A Fully Automated Parking Facility At Dubai Marina (14 March 2018)
MAG Robotic Investments has signed a contract with Emaar, the global property developer based in the UAE, for the development of a fully automated parking facility on a Build Operate Transfer (BOT) basis at Dubai Marina.

Dubai Land Department Values 8,000 Properties Worth AED 287 Billion In 2017 (10 March 2018)
Dubai Land Department (DLD) has confirmed that it successfully conducted 8,173 real estate valuations worth over AED 287 billion - the highest value ever recorded - in 2017.

Emaar Properties Records Upsurge In Dubai Property Sales By 25% to AED 18.03 Billion (US$ 4.91 billion) In FY 2017; Net Operating Profit Increases By 16% To AED 5.70 Billion (US$ 1.55 Billion) (14 February 2018)
Emaar Properties PJSC (DFM: EMAAR) recorded a net operating profit of AED 5.704 billion (US$ 1.553 billion) during full-year (January to December) 2017, a growth of 16 per cent over the FY 2016 net operating profit of AED 4.917 billion (US$ 1.339 billion).

Dubai Properties’ Dragon Boat Race To Paddle Down Marasi Business Bay (25 January 2018)
Dubai Propertiesis proud to hosttheannual Dragon Boat Race at Marasi Business Bay from 9-10 February. The 11th edition of the popular water sport race will welcome an estimated 5,000 spectators and over 1,500 participants across 75 teams. The 2018 edition of the race promises to be the biggest yet!

Dubai Investments Buys Union Properties’ Stake In Emicool (21 January 2018)
Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has acquired additional 50% stake in Emirates District LLC [Emicool] from Union Properties PJSC for AED 500 million.

Dubai Land Department Launches Dubai Property Festival To Promote The Sale Of Completed Properties (8 January 2018)
Dubai Land Department (DLD) announced the launch of Dubai Property Festival (DPF), a three-day sales and purchase event to be held at the Dubai World Trade Centre April 9 - 11, coinciding with a series of events in Dubai aimed at attracting global investment to the UAE.


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