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Category: PROPERTY

Posted on 27/09/2023

Over 500 property brokers queue up overnight in Dubai to buy Palm Jebel Ali villas

Real estate agent says that phase 2 villas were launched at $5.44mln, nearly 10% higher than phase 1 villa prices …

Posted on 26/09/2023

Ministry Of Economy Highlights UAE’s Efforts In Developing Intellectual Property Legislation

Intellectual Property Technical Committee meeting takes place in Cairo. The Ministry of Economy (MoEc), represented by the Intellect …

Posted on 26/09/2023

Property developers could make up to 40% additional profits through AI

Real estate developers in the UAE and rest of the world could extend their profit margin in high-rise buildings by up to between 25-40 per cent of the total value of the project while reducing carbon …

Posted on 26/09/2023

Dubai real estate prices surge 52% YoY in August 2023

The average sales price for properties in Dubai reached AED3,291,555 in August 2023, marking a year-over-year increase of 52 percent from AED2,167,206 in August 2022, according to Allsopp & Allsopp.

Posted on 26/09/2023

VIDEO: Rich Chinese buyers are striking all-cash deals in Dubai’s luxury properties

Economic stability and high yields from the sector have drawn investors after China lifted Covid-19 travel restrictions. Watch the Zawya video here. Disclaimer: This article is provided for …

Posted on 26/09/2023

AED 102bln Dubai real estate sales this summer, “W Capital” study

Dubai- United Arab Emirates:W Capital, a Dubai based real estate brokerage, followed up a record rise in real estate sales in Dubai during summer 2023, confirming the highest numbers for the summer …

Posted on 26/09/2023

UAE companies to face some of the lowest security threats in the region

Large companies in the UAE expect to face some of the lowest regional rates of internal and external security threats next year, confirming the country’s status as one of the safest countries in the …

Posted on 24/09/2023

Look: Dubai Unveils 136 Modern Residential Villas In Al Warqaa Fourth

The MBRHE unveiled 136 modern residential villas in the Al Warqaa Fourth area, spanning over 728,510 square feet. Part of the framework of the Dubai 2040 Urban Plan, the project features the highest …

Posted on 24/09/2023

Why the rich are lining up to own property on Dubai’s Palm Jebel Ali

Long queues of property agents at the launch of villas by Nakheel at Palm Jebel Ali last week reminded us of similar queues that used to be formed during the first property boom in Dubai in the …

Posted on 22/09/2023

Dubai Has Record-Breaking Week with Over $2.1 Billion in Property Transactions

The bustling real estate market in Dubai has surged to unprecedented heights reporting transactions valued at over AED 8 billion during the week ending September 22 2023 …

Posted on 21/09/2023

Reportage Properties to hold a special sales day in Abu Dhabi next Sunday

Abu Dhabi: Reportage Properties, the leading UAE real estate developer, is holding a special sales day at the Sofitel Abu Dhabi Corniche Hotel, next Sunday, September 24. The event includes a special …

Posted on 21/09/2023

UAE Property: ‘Can my landlord evict me if the home fails to sell?’

Question: I’m in the second year of my rental agreement for a townhouse. At the end of the first year of the contract, the landlord wanted to raise the rent but couldn’t do so as he had not given me …

Posted on 20/09/2023

Do Dubai Property Prices Face A Bubble Risk? Here Is What The Swiss Bankys

(MENAFN- Khaleej Times) Dubai property is not facing a bubble risk as prices are fairly valued despite a strong rally after the pandemic. According to UBS Global Real Estate Bubble Index 2023, the …

Posted on 20/09/2023

Do Dubai property prices face a bubble risk? Here is what the Swiss bank says

Dubai property is not facing a bubble risk as prices are fairly valued despite a strong rally after the pandemic. According to UBS Global Real Estate Bubble Index 2023, the housing market of Dubai is …

Posted on 20/09/2023

UAE unemployment insurance deadline; Dubai $1 million property guide; 4-day Sharjah holiday – 5 things you need to know today

UAE workers must sign up for mandatory job loss insurance before October 1 or face fines, said the Ministry of Human Resources and Emiratisation (MoHRE). The MOHRE called on UAE citizens and residents …

Posted on 20/09/2023

Budget-friendly, luxury living: UAE’s top residential areas revealed; rents start from Dh20,000

Business Bay, DIFC, Downtown Dubai, Dubai Marina, Palm Jumeirah and Jumeirah Beach Residences offer a host of premium facilities. Average rents in these areas for one-bedroom apartments are around …

Posted on 20/09/2023

Taraf Announces The Groundbreaking Of Its Nic Residential Property Luce On Palm Jumeirah

Abu Dhabi, United Arab Emirates – 19 September 2023: Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has completed the groundbreaking for its upcoming …

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