Aldar Properties, Abu Dhabi’s biggest listed developer, has acquired UK developer London Square for Dh1.07 billion ($291 million), marking its first acquisition outside the Mena region as the company …
Abu Dhabi’s Aldar buys UK developer London Square for $291mln in first foray beyond MENA
Abu Dhabi’s Aldar Properties has competed the acquisition of the London-based developer, London Square, for an enterprise value of 1.07 billion dirhams ($291 million) in its first foray beyond the …
UAE’s Aldar Properties buys London developer in Dh1.07-billion deal
Aldar Properties, a top real estate developer in Abu Dhabi, said on Friday that it has completed the acquisition of London-based developer London Square in..
Dubai real estate experts silence ‘oversupply’ concerns as UAE sees influx of luxury property developments
Imaghe: Shutterstock Dubai property experts have silenced concerns over a looming oversupply issue as the emirate sees a recent uptick of announcements for new luxury real estate projects ranging from …
Dubai real estate: Property market hits 9-year high, breaking 2014 records
This marks a substantial increase and surpasses the previous record set in 2014, signifying a robust performance in Dubai’s property market …
Abu Dhabi weighs bid for US$1 billion PCCW fibre unit stake
ABU Dhabi Investment Authority is considering bidding for a stake … holds interests in businesses including telecommunications, media, IT solutions, property development and investment, its website …
UAE issues new AED500 note; ‘Best time’ to buy Dubai property; December petrol price change – 5 trending stories to read today
On Wednesday, Arabian Business covered some of the most happening stories in the region, which included UAE issuing a new AED500 note to celebrate COP28 and National Day; Netflix to release …
Beyond Ray Dalio: As billionaire hedge fund managers flock to the Middle East, a key official lays out his vision of Abu Dhabi as a financial hub
There’s London, New York, and Hong Kong, of course. More recently, Miami and Singapore have made strong cases as emerging financial hubs. And now—Abu Dhabi?
10 sparkling long weekend ideas in Abu Dhabi: December 1 to 4
December is nigh, and here are our picks of things to do in the capital this long weekend… Friday, December 1 Catch slam-bang action at the Abu Dhabi T10 View this post on Instagram A post shared by …
My Own Home: Dubai resident’s waterfront penthouse surges by Dh2 million in two years
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Ben Harvey, the chief executive of digital and …
Dubai developer awards massive $1.2bn contract for Vegas-style island project, MGM, Bellagio hotels planned
The Island has been under development for several years and is a new 10.5 hectare project off the coast of Umm Suqeim. Located near the Burj Al Arab, Jumeirah Beach Hotel and public beach it is tipped …
A new dawn for real estate as UAE prepares to exit FATF Grey List
For developers and property buyers, the UAE’s exit from the grey list may lead to more favourable financing options. International banks and financial institutions may become more willing to provide …
Dubai real estate: Ultra-rich target mansions in hunt for privacy
“Dubai has traditionally been known for its iconic skyscrapers and luxurious high-rise living, but there’s a growing appreciation for the privacy, space, and grandeur that mansions offer,” MAJ …
AB in Focus: Transforming Dubai’s skyline: R.Evolution COO shares vision behind Eywa and its unconventional approach to luxury living
R.Evolution’s COO Qasim Mansour reveals new details about its major futuristic, Avatar-inspired development, Eywa …
Dubai: Property prices not yet peaked, says billionaire
The Dubai market is currently witnessing its third rally after the pandemic with prices rising across the board …
Dubai: Here’s why property prices will continue to rise in 2024
Rise in foreign fund inflows fuels surge in the rally along with tenants turning into property ownership, availability of ready-to-move-in properties, among others …
Dubai Metro Blue Line: How Property Prices, Rentals Will Increase Along Route
Rents and property prices in Dubai’s key areas such as International City, Silicon Oasis, Ras Al Khor, Mirdif, Al Warqa and others will see double-digit increases that will be connected through Dubai …