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 …
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 …
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 …
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 …
UAE’s RAK Properties adds four towers to its portfolio to tap into premium market
Abu Dhabi-listed RAK Properties is adding at least four residential towers to its portfolio, to tap into strong demand for prime properties.
Is Dubai heading for another property crash?
Since the global financial crisis of 2008, the city’s market has been boom and bust — now prices are rising again …
Investor-Friendly Policies, Regulations Keep Dubai Realty Thriving
Dubai’s real estate market continues to surge at an unprecedented pace, with June observing a record-breaking Dh22.7 billion in property sales. The …
Taraf announces the groundbreaking of its iconic residential property Luce on Palm Jumeirah
Abu Dhabi, United Arab Emirates – Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has completed the groundbreaking for its upcoming property Luce, an exquisite residential development located on Palm Jumeirah in Dubai.
With UAE property and stocks, ‘replacement values’ do have a say
Nowhere is this more true than when any sort of comparison is made between the equity markets and the real estate markets in the UAE. It is no secret that the property markets have surged since Covid …
Dubai’s Danube Properties announces $680mn Oceanz tower ‘sold out’
Oceanz represents Danube Properties’ 5th project of the year, featuring Italian interiors and luxury furnishings by Tonino Lamborghini Casast …
Dubai’s Nakheel launches first villa project on Palm Jebel Ali
Nakheel, the developer behind The Palm Jumeirah in Dubai, has launched the first waterfront villa project on the Palm Jebel Ali, amid strong demand for luxury homes in the emirate. The project, which …
Dubai real estate market booms: New projects gain momentum as new buyers flock in
New project launches in Dubai are going strong as developers are increasingly looking to tap new buyers – both residents and foreigners. These new launches are coming up not just from the local …
Dubai property sales hit $3.5bn in a week, Barsha apartment sold for $24m
The top three apartment and villa transfers included an AED88m ($24m) apartment sold in Al Barsha First, another apartment sold for AED75m ($20m) in Palm Jumeirah, and a third in Al Thanayah Fourth …
Dubai’s Next Big Wave: Chinese Dominance in Dubai’s Property Market
A noteworthy AED 15 billion worth of property was acquired by Chinese nationals in the past nine months. Over 10,000 new Chinese investors have signaled interest in Dubai properties since the …
Abu Dhabi royal launches $50B global investment fund
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in …
Imkan buys Abu Dhabi Arch Marble and Granite Factory in expansion push
Abu Dhabi-based real estate developer Imkan has acquired Abu Dhabi Arch Marble and Granite Factory, a manufacturer of building materials, as the company aims to diversify its revenue stream and expand …
Abu Dhabi Royal’s Firm Sets Up $50 Billion Investing Force
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in …