The Timeshare Law, which regulates the timeshare industry, aims to protect the rights of all parties and stimulate further growth across the hospitality, tourism and real estate sectors Average Dubai …
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Dubai South records achievements in 2021, attracts over 700 companies
Master developer Dubai South Properties handed over almost all its units at The Pulse, an urban mixed-use development comprising 1,400 apartments and 240 townhouses, and thanks to the project’s …
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Majid Al Futtaim partners with Emirates Post to launch digital initiative in UAE
Marking a new milestone in the digital transformation of the UAE property sector, the initiative is designed to significantly enhance the customer experience across Majid Al Futtaim Communities. Upon …
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Abu Dhabi Property of the Week: Dh9.99m Saadiyat Island villa with putting green
It is on the market for Dh9.99 million with Henry Wiltshire. This is very much a property for a family that likes to spend time outside. And there is an extra appeal for golf fans. Abu Dhabi can be …
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Asteco appoints new UAE head of sales and leasing
DUBAI — Asteco has appointed Brett Whalley as its new head for sales and leasing for the UAE. Whalley has been actively involved in the New Zealand property sector since 1990 with extensive experience …
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Dubai Properties unveils leadership programme
DUBAI — Dubai Properties recently launched the High Potential Leadership Development Programme, incorporating 14 of its future leaders. The programme is part of the company’s strategy to invest in its …
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Property Management Professionals to be in Demand this Year
DUBAI — Demand for property management professionals within the regional real estate sector will rise in 2009, according to Macdonald & Company. In a Press statement issued on Wednesday, the company …
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Emaar offers waterfront properties at Dubai Marina
DUBAI — Emaar Properties is offering a collection of waterfront homes located in Marina Promenade, Marina Quays and Park Island residential projects at Dubai Marina at its central sales centre located …
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Mayfair Launches $50m Distressed Property Fund
DUBAI — Cayman Islands-based wealth management company Mayfair Wealth Management, has launched a $50m Shariah-compliant distressed property fund that seeks to acquire cheap properties in the UAE’s …
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Abu Dhabi prime properties sustain rates
Prime developments in Abu Dhabi sustained rates while old properties witnessed rise in vacancy levels in the third quarter, according to property management company Asteco. Tenants living in Abu Dhabi …
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Abu Dhabi goes digital with ‘Investor Journey’ to ease business set up
Abu Dhabi Econnomic Department brings in digital add ons to speed up business launches Abu Dhabi: Abu Dhabi Department of Economic Development he launched Investor Journey to help with the needs …
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Expo 2020 spurs demand for Dubai South units
Master developer Dubai South Properties handed over almost all its units at The Pulse, an urban mixed-use development comprising 1,400 apartments and 240 townhouses. Due to the project’s success, the …
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Dubai rental market skyrockets into landlord’s favour, experts divided on future
Last year saw property prices make their way upwards following a five year slump that was further exacerbated by the pandemic. Dubai rents see biggest rises since 2014 as villa demand continues “Dubai …
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Renovations revealed at legendary hotel Radisson Blu Dubai Deira Creek
Radisson Blu Dubai Deira Creek has been renovated, bringing a fresh new look and feel to the longstanding property. The hotel opened in 1974 as the first five-star hotel in Dubai. The property’s 288 …
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Up to 2 years’ jail, Dhs20,000 fine for embezzling property pledged as debt security
The UAE Public Prosecution (PP) explained on Wednesday, through a video on its social media accounts, the penalties for the embezzlement of moveable property that is pledged as security for debt.
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Abu Dhabi’s Aldar acquires RAK’s Al Hamra Mall for $111.64mln
Abu Dhabi’s leading developer Aldar has acquired Al Hamra Mall in Ras Al Khaimah for AED 410 million ($111.64 million). The company said in a statement that the 27,000 sq.m. mall, which was completed …
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Dubai prime residential property market records 3rd highest growth in 2021
Alongside a return to offices, education and travel will also deliver growth to all major cities.” Dubai property prices still undervalued Swapnil Pillai, Associate Director, Middle East Research said …
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