Abu Dhabi Investment Authority (Adia), one of the world’s biggest sovereign wealth funds, is exploring opportunities to invest in energy transition as the global landscape shifts to investments in …
Emaar’s nine-month profit surges 42% on property sales boost
Emaar Properties, Dubai’s largest listed developer, reported a 42 per cent annual jump in its nine-month profit on higher sales as the UAE property market continues to grow strongly.Net profit for the …
Dubai property price increase slowing down, residential supply declines, rental growth moderates
The market has seen a gradual moderation in rental rate growth. Asteco’s data reveals a definite slowdown, with rental gains at 3 per cent, 2 per cent, and 4 per cent for apartments, villas, and …
Dubai’s Emaar Properties, Emaar Development see surge in 9-month net profits
Dubai-based Emaar Properties PJSC posted a nine-month 2023 net profit of 8.24 billion dirhams ($2.2 billion), up 42% compared to the same period last year on rising retail sales and higher real estate …
Dubai cements its lead as the global hotspot for luxury, branded residences
Armani, Bugatti, Versace, Kempinski, Address are just some of the world’s top luxury brands who have their branded residences in Dubai. The emirate which is riding an unprecedented boom in its real …
Abu Dhabi-based ADCB to sell 80% majority stake in subsidiary to Nine Yards Plus Holding
to acquire a majority stake in Abu Dhabi Commercial Properties (ADCP), its wholly-owned subsidiary. In a regulatory filing with Abu Dhabi Securities Exchange (ADX), the bank said it would retain 20 …
Dutco and Ellington Properties unveil a new residential development, One River Point, under the Dutco Ellington brand
One River Point is expected to be completed in Q2 2027 Dutco and Ellington Properties today announced the launch of their new waterfront project, One River Point, in Dubai. This comes on the back of …
UAE Property: ‘Can landlords offer tenants conditional contracts?’
Question: Can landlords and tenants make conditional tenancy contracts with a future start date in Dubai?For instance, as a landlord, can I make a rental contract that is subject to the advance …
Dutco and Ellington Properties launch One River Point residential development
Developers Dutco and Ellington Properties have announced the launch of a new waterfront project – One River Point – at Business Bay in Dubai, which will house a collection of 295 residences with a mix …
ADCB to sell majority stake in Abu Dhabi Commercial Properties for more than $108m
Abu Dhabi Commercial Bank, the UAE’s third-largest lender by assets, said it has received a binding offer for a majority stake acquisition in Abu Dhabi Commercial Properties (ADCP), the lender’s …
Dubai’s 10-month residential property deals surpass full 2022 level
Residential transactions in Dubai during the first 10 months of 2023 surpassed last year’s record total transactions, underscoring the sustained demand surge for secondary market and off-plan …
Which Surfing Stars Attended the Opening of Kelly Slater’s Abu Dhabi Wave Pool? Names, Special Moments, and More Discussed
Abu Dhabi is known for its untold riches, which the city has used to build many architectural marvels. Now, Kelly Slater has partnered with Modon Properties, one of the biggest developers in the UAE, …
Finding Your Ideal 1 Bedroom Apartment for Rent in Abu Dhabi
Are you in search of the perfect 1 bedroom apartment for rent in Abu Dhabi? This city, known for its stunning architecture, vibrant culture, and economic opportunities, offers an array of options when …
How Abu Dhabi is fuelling growth in real estate, construction
Abu Dhabi’s construction and real estate sector is governed by both emirate-level and federal laws and agencies. These include the national Civil Transactions Law, which allows moveable property to be …
Russians Lose Taste for Suddenly Pricey Dubai Property
The steep drop in the Russian currency has accelerated a decline in a market that was naturally running out of steam, brokers say.
South African investors turn to Dubai property as a haven
Buyers were mostly entrepreneurs from various industries, as well as experienced and upcoming property investors.
Why Dubai Metro and Etihad Rail could hold secret to next real estate boom
Dubai Metro and Etihad Rail expansion plans could power a real estate boom in Dubai, according to analysis by property investment specialists Provident Real Estate.