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Dubai Properties is a property development and management company based in Dubai, United Arab Emirates. [2] The company is a member of the Dubai Holding group. [3] In 2009 the attorney general of Dubai stated that Hashim Al Dabal, then chairman of Dubai Properties, was arrested on "suspicion of embezzlement". [4]
Wasl is a semi-government entity established on May 25, 2008, by the Dubai Real Estate Corporation (DREC) to oversee the development and management of its assets. [4] It was created following the merger of two public sector organisations: Dubai Development Board and Real Estate Department.
In 2019, a UAE court ordered Dubai-based developer Limitless to pay Deyaar AED 411.9 million in a land dispute, AED 61.1 million in fees and compensation. [ 4 ] [ 5 ] In October 2022, Deyaar's board of directors approved an AED 500 million cash settlement made by Limitless.
Last year, MANTRA agreed with developer MAG Property Development to tokenise real estate assets worth an overall $500 million, starting from a residential project in Dubai, which is the Gulf's ...
Developer Expected completion Costs Area Description 1 Dubai Marina: Emaar: Complete: 1.56 km 2 (0.60 sq mi) World's largest man-made marina, with 200 residential and hotel high rises 2 Nakheel Properties: Complete: 1.8 km 2 (0.69 sq mi) Comprises 79 high-rises, mostly residential skyscrapers 3 Business Bay: Dubai Properties Group: Complete
Nakheel Properties (Arabic: نَـخٍـيْـل, romanized: nakhīl, lit. 'palm tree') is a real estate development company based in Dubai, United Arab Emirates. [3] The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. [4] [2]
Dar Global PLC is a real estate developer headquartered in Dubai and is a publicly listed company in the London Stock Exchange. [1] [4] [5] Dar Global, started trading on the London Stock Exchange (LSE) on February 28, and was the first Saudi company to list on the main market of the London stock exchange.
Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. [1] Dubai's real estate market has experienced growth and transformation, driven by the city's rapid economic development, strategic location, and urban planning. Real estate is a driver of Dubai's economy. [1] The city's real ...