property developers in Dubai

The Dubai real estate market continues to attract attention from investors as major developers move ahead with large-scale residential projects. Nakheel has awarded a main construction contract worth more than AED 800 million, approximately $218 million, for Phases 1 and 3 of Bay Grove Residences at Dubai Islands. The contract has been awarded to Metac General Contracting Co and covers 537 one- to...

Dubai Property Investment: Emaar Announces Dh4.4 Billion Special Dividend Dubai property investment continues to attract attention from Indian buyers, investors and business owners as Emaar Properties announces a new special dividend worth Dh4.4 billion. The Dubai-based developer's board has approved a one-time dividend of Dh0.50 per share, in addition to its regular annual dividend. The announcement...