Anyone who enjoys spending time by the water will enjoy a stay at Traders Hotel. With the capital’s Maqta Creek on its doorstep, this 301-room property not only has its own private beach, but also offers some of the best night views in the city. ( read original story ...)
The St. Regis Saadiyat Island Resort, Abu Dhabi Installs Four Tesla Chargers
“As a forward-thinking property, we always strive to reduce our environmental impact, and adopting the latest technology can help us achieve our goals,” said Fadel, adding that the hotel’s parent company, Abu Dhabi United Hospitality, is also ... ( read original story ...)
No slowdown in Dubai property market
Dubai's real estate is increasingly becoming mature and investors' trust level is at its highest in the emirate's property market, a senior official has confirmed. Mahmoud Al Burai, CEO of Dubai Real Estate Institute, Dubai Government, ruled out any ... ( read original story ...)
Soon, UAE workers can rent houses for Dh700
"This initiative aims to provide proper and legal options of residential units befitting the financial means of low-income individuals and at the same time open an investment opportunity to owners of commercial properties in Abu Dhabi Emirate," said ... ( read original story ...)
Abu Dhabi’s Aldar Boosts Marketing Spending as Revenue, Profit Fall
The Abu Dhabi-based property developer Aldar ramped up its marketing spending in the second quarter of the year in an effort to bolster declining revenues and profits. The company posted a 5.6 percent decline in quarter-on-quarter net profit in its results ... ( read original story ...)
Apartments to rent in Abu Dhabi for less than Dh30,000 a year
Search volumes for cheap housing are surging in the UAE, leading to an increase in affordable properties to meet demand. While the trend was reported days after the Abu Dhabi Municipality announced an initiative to offer low-income residents cheaper ... ( read original story ...)
Rising Dubai property sales boost Emaar’s H1 profits
Dubai developer Emaar Properties on Monday announced 15 percent profit growth to $772 million in the first half of 2017, with property sales in the emirate up 22 percent. Property sales in Dubai reached 10.814 billion dirhams ($2.94 billion, 2.5 billion ... ( read original story ...)
UAE Property Demand Continues to Slow
Demand for commercial property space is continuing to fall in the United Arab Emirates as economic growth slows, according to a report published by the Royal Institution of Chartered Surveyors on Sunday. The professional trade body for the surveying ... ( read original story ...)
UAE commercial landlords offer tenant incentives as demand falls
LONDON: Commercial property landlords in the UAE have been forced to offer tenants better incentives to stay as occupier demand fell for the seventh consecutive quarter. The claim, made in the latest quarterly report from the Royal Institution of Chartered ... ( read original story ...)
Dubai real estate projects worth AED21 billion launched in H1 2017
Dubai Land Department, DLD, has announced that a total of 88 real estate projects have been launched from the beginning of 2016 until H1 2017. In a statement, DLD confirmed that 68 real estate projects were registered during H1 2017, representing a value ... ( read original story ...)