A new leak of Dubai real estate data has revealed the extent to which foreigners accused, convicted or suspected of international crime own property in the United Arab Emirates. The data was obtained …
( read original story …)
BREAKING NEWS: Overhaul of Residency Rules Makes Dubai the Monaco of the Middle East
New Residency Visas Send Dubai Property Deals Skyrocketing for Memorable-Dubai DUBAI, UAE, May 3, 2022 /PRNewswire/ — On April 18, the Emirate of Dubai announced a comprehensive overhaul of its …
( read original story …)
Report: 68 Bosnians own 105 properties worth a total of $ 27 million in Dubai
According to a report published by the Center for Advanced Defense Studies (C4ADS), 68 Bosnian citizens own 105 properties worth a total of $ 27 million in Dubai. “In Dubai, weak regulation, poor …
( read original story …)
Dubai property boom: Tenants’ rights and Rera’s rent calculator explained
Confusion often reigns over tenants’ rights. As the property market makes a strong rebound from the pandemic, it has raised many questions about tenancy do’s and don’ts. This year, Dubai’s property …
( read original story …)
My Dubai Rent: businesswoman adores stylish Dh65,000 duplex loft apartment
How did you find the apartment? I Googled loft apartments for rent in Dubai and came across Lootah Properties. I had viewed two other apartments before this one but my mind was made up as soon as I …
( read original story …)
Abu Dhabi records over $3bn in property transactions in Q1
Abu Dhabi recorded 3,304 real estate deals worth Dh11.3 billion ($3bn) in the first quarter of this year, as the UAE’s property market continues to rebound from pandemic-induced slowdown, according to …
( read original story …)
Dubai property broker fined Dh50,000 for cold calling
The Real Estate Regulatory Agency (Rera) at the Dubai Land Department has fined a property broker Dh50,000 for making cold calls and practising direct telemarketing. The agency also suspended nine …
( read original story …)
Ellington Properties, a Property Developer Co-Founded by Nitin Bhatnagar, Brings a New Restaurant Roobaru to Its DT1 Residences in Downtown Dubai
DUBAI, Arab Emirates, April 29, 2022 (GLOBE NEWSWIRE) — Ellington Properties, Dubai’s leading design-led boutique property developer, has welcomed a new restaurant Roobaru to its award-winning DT1 …
( read original story …)
Dubai developer Damac Properties starts accepting Bitcoin and Ethereum
Dubai developer Damac Properties will accept certain cryptocurrencies for property transactions as part of efforts to offer more flexibility to investors, the company has announced. The developer will …
( read original story …)
Dubai property sets record for price per square foot
An apartment at the Bulgari Resort and Residences in Dubai has set a new record for the highest price per square foot in the city. The three-bedroom property on Jumeirah Bay Island sold for Dh40 …
( read original story …)
$1.8bln in weeklong real estate transactions in Dubai
DUBAI- The Dubai real estate and properties transactions valued at 6.6 billion in total during the week ending 29 April 2022. The sum of transactions was 2,259. 197 plots were sold for AED 1.15 …
( read original story …)
Driven Properties sells highest recorded price of $3,439 per sqft at Bulgari Residences
Kianoush Darban, Associate Partner at Driven Properties. Similarly, Lina Allaoa, the second broken behind the deal, said: “It comes as a true testament how far Dubai has come. All initiatives made by …
( read original story …)
Ask the Law: Can buyer seek termination of property purchase contract upon losing job?
Worker with a year or more in service, is entitled to end-of-service benefits in UAE Question: A year ago, I purchased a property from a developer through bank financing. However, a month ago …
( read original story …)
Gem in the Desert: A Look Inside Dubai’s $1.4 Billion Hotel Residential Property
After 14 years of construction, Dubai’s Atlantis The Royal Resort & Residences will open in November 2022 featuring over 90 pools and 18 restaurants.
( read original story …)
Conrad Abu Dhabi Etihad Towers gets five-star rating from Forbes Travel Guide
Conrad Abu Dhabi Etihad Towers celebrated in the 2022 Star Awards. Conrad Abu Dhabi Etihad Towers gets five-star rating from Forbes Travel Guide. abu dhabi, conrad, Conrad Abu Dhabi, Conrad Abu Dhabi …
( read original story …)
Abu Dhabi Islamic Bank to set up asset management firm
The Shariah-compliant lender is also continuing to look at organic and inorganic growth opportunities for its banking business.
( read original story …)
UAE property: ‘Can my tenant demand an extension on his eviction?’
The tenant is now ignoring our calls. How do we ensure he leaves the property on May 2? Do we get the police involved or does the Real Estate Regulatory Agency (Rera) do the eviction? FN, Dubai I …
( read original story …)