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Ellington in deal to build 88-unit residential project on Palm Jumeirah

Dubai-based Ellington Properties has teamed up with Northacre, Shuaa Capital s real estate unit, and Sol Properties, to develop a new residential project on Palm Jumeirah featuring 88 units with a mix of two- to six-bedroom units as well as duplex units.

Eshraq in deal with Reportage for sale of prime Reem Island plot

Abu Dhabi-based Eshraq Investments has entered into an agreement with Reportage Properties for the sale of a plot on the Al Reem Island. With this deal, Eshraq has sold 27% of its land bank gross floor area for a consideration of AED160 million.

GFH net profit for 2021 surges 87pc to $84m

GFH, a leading financial group with interests in asset management and real estate, has reported a 87% growth in its net profit for FY 2021 which soared to $84.22 million, mainly due to the strong performance across the group’s core business lines.

GFH net profit for 2021 surges 87pc to $84m

GFH, a leading financial group with interests in asset management and real estate, has reported a 87% growth in its net profit for FY 2021 which soared to $84.22 million, mainly due to the strong performance across the group’s core business lines.

GFH net profit for 2021 surges 87pc to $84m

GFH, a leading financial group with interests in asset management and real estate, has reported a 87% growth in its net profit for FY 2021 which soared to $84.22 million, mainly due to the strong performance across the group’s core business lines.

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