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Category: PROPERTY

Posted on 19/12/2023

Hong Kong stocks fall as Longfor slides with China’s property woes in focus, while Nio jumps on Abu Dhabi fund injection

Local stocks retreat amid concerns about China’s property market slump. Nio bucks the trend, after getting a second fund injection from Abu Dhabi. Companies in Gansu slip after an earthquake hit the …

Posted on 18/12/2023

Contemporary Dubai Villa With Extensive Art Collection Heads to Auction

Designed by Viktor Udzenija, the 21,000-square-foot megamansion, once listed for $125 million, is an interpretation of an Arabian courtyard hous …

Posted on 18/12/2023

Abu Dhabi is the world’s newest wealth haven for nillionaires – Bloomberg

For decades, many of the world’s richest people chose to safeguard their assets in overseas locales from the Cayman Islands to Switzerland to the British Virgin Islands. But a new wealth hub is …

Posted on 18/12/2023

Aldar, Tadweer, Ne’ma And Polygreen Partner To Eliminate Landfill And Food Waste Across Aldar Owned And Managed Assets In Abu Dhabi

Tadweer (Abu Dhabi Waste Management Company) and global circular economy solutions expert Polygreen have formed a joint …

Posted on 18/12/2023

Gulf countries dominate top positions in new global residential property investment ranking for 2024

“Oman and Qatar’s strong showing in our 2024 Index reflects a growing investor confidence in the Gulf region as a whole. With gross rental yields ranging from approximately 6% in Qatar to up to 10% in …

Posted on 18/12/2023

Dubai real estate gig: Sparks fly as job ad demands dating prowess

Selling real estate in Dubai’s booming property market is proving to be one of the most in-demand jobs at the moment. However, a job ad asking for female candidates, of any nationality, to …

Posted on 18/12/2023

Dubai’s Population Growth Outstripping Property Supply By Far

Dubai’s residential property market supply has been lagging behind population growth with the affordable segment also witnessing shortage after luxu …

Posted on 17/12/2023

Population growth outstripping property supply by far

After the luxury segment shortage, the affordable segment also faces shortage as Dubai population grows faster than the supply..

Posted on 16/12/2023

Dubai records $3.5bn of real estate transactions in past week, including MASSIVE $136.2m Palm Jumeirah apartment

The Dubai real estate sector saw transactions valued at AED12.9bn ($3.5) this week, according to Dubai Land Department data. In total there were 3,888 transactions in the week ending Friday, December …

Posted on 15/12/2023

India’s wealthy splurging millions on Dubai property

Dubai brokerage Betterhomes says Indians are the top buyers of real estate in Dubai. Read more at straitstimes.com.

Posted on 15/12/2023

ADCB Sells 80% Stake In Abu Dhabi Commercial Properties

Abu Dhabi Commercial Bank (ADCB) has signed an agreement to divest 80 per cent stake in its wholly owned property management subsidiary Abu Dhabi Co …

Posted on 15/12/2023

Seeking a property management company in Dubai for the year 2024?

If you’re in the market for buying property in Dubai, it’s advisable to explore the services of a property management company. Given the significance of this decision, ensure thorough research is …

Posted on 14/12/2023

Art-Filled Dubai Mansion Designed by Norman Foster Protégé Heads To Auction

The mansion, dubbed Villa 71, will sell at or above its unpublished reserve price and is expected to bring in starting bids of at least $50 million. The sleek residence is located in the …

Posted on 14/12/2023

Is Kanye West moving to Dubai? The rapper explores real estate in the city

Kanye West explores real estate opportunities in Dubai. Here’s everything you need to know about his interest in the city.

Posted on 14/12/2023

UAE Property: ‘Can my landlord evict me with 15 days’ notice?’

Question: I am having trouble with my landlord in renewing my lease for a two-bedroom apartment. The landlord is asking me to vacate the premises on the last day of my rental contract. However, he …

Posted on 14/12/2023

Arcilla wins contracts to develop 100,000 sq ft UAE luxury real estate

Arcilla Property Partners, a leading development and design company, has announced it has won contracts to develop and design more than 100,000 sq ft of luxury residential real estate following a …

Posted on 14/12/2023

Exclusive: This $125 Million Dubai Villa—and Its Gallery-Worthy Art Collection—Are Heading to Auction

The 23,000-square-foot ultra-modern mansion near Jumeirah Beach is being offered turnkey, complete with its art collection.

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