Explore new properties launched in Dubai in Nov 2023 – both apartments and villa projects. Discover the hot new properties creating a buzz in the market.
Dubai’s weeklong real estate transactions exceed AED 10.3 billion
Dubai’s real estate market saw transactions worth over AED 10.3 billion in the week ending November 10, 2023, according to the Dubai Land Department (DLD). The report revealed that 1,782 sales transactions were conducted,
Dubai real estate records $2.8bn of transactions this week, including $441m in Palm Jebel Ali
The Dubai real estate sector saw transactions worth AED10.3bn ($2.8bn) this week, according to Dubai Land Department data. There were 1,782 transactions in the week ending November 10. 396 plots were sold for AED3.
Abu Dhabi property market booms with 100 per cent increase in sales in past year, prices stable
Several new projects, including residential, commercial, and mixed-use developments, are in the planning and design stage, with official announcements expected in the next six months …
The St. Regis Abu Dhabi’s new director of sales and distribution
The new hire will oversee the strategic operations of the sales and reservations teams. The St. Regis Abu Dhabi’s new director of sales and distribution. abu dhabi, appointments, hires, jobs, new hire …
Abu Dhabi-based ADCB to sell 80 percent majority stake in subsidiary to Nine Yards Plus Holding
ADCB plans to retain a 20 percent stake in ADCP and expects to generate AED400 million ($108.9 million) from the sale …
Abu Dhabi wealth fund Adia exploring investment opportunities in energy transition
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 …