Company News
Dubai Properties
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.

RTA, Dubai Properties team up to operate smart vehicle in Business Bay (12 November 2016)
The Roads and Transport Authority (RTA), in collaboration with Dubai Properties, has recently started the trial operation of autonomous vehicles.

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