Author: Paromita Dey

Nakheel is investing AED15mn to increase boat mooring capacity on Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600.

Dubai Land Department has issued a decision to seize the properties and land plots registered to Schon Properties and its funds deposited in Escrow account.

Dubai Municipality is collaborating with government entities as part of its efforts to preserve the heritage of the city, represented by the old buildings.

Master developer Dubai Properties has appointed ART Marine as the exclusive operator of its 60-berth marina at Culture Village.

The Abu Dhabi Municipality announced that a total of 220 buildings have been demolished so far as part of its ongoing crackdown on abandoned structures

Tabreed reported a net profit of AED211.9mn in the first half of 2018, an increase by 10%, from AED192.7mn in the same period last year.

Dubai-based developer, Azizi Developments, is set to complete Shaista Azizi, one of their five projects in Al Furjan, by the end of the year.