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Category: PROPERTY

Posted on 27/10/2022

Dubai records $326.7 million property transactions on Wednesday

Wednesday’s property deals include 371 sales transactions worth AED1.01 billion, in addition to 78 mortgage deals of AED164.26 million, and eight gift deals amounting to AED57.07 million Dubai records …

Posted on 27/10/2022

Aldar Properties third quarter profit jumps 18% on higher revenue

Aldar Properties, Abu Dhabi’s biggest listed developer, reported an 18 per cent increase in its third-quarter profit on the back of higher revenue and rental income as the UAE’s property market …

Posted on 27/10/2022

UAE property: ‘Can a landlord increase rent with 30 days’ notice?’

In the second year of the lease, my tenant asked me not to increase the rent and I agreed. However, they made the same request this time around. The Real Estate Regulatory Agency (Rera) rent …

Posted on 26/10/2022

Dubai property market sees another high on Tuesday with AED1.7 billion deals

Tuesday’s property deals recorded include 425 sales transactions worth AED1.32 billion, 71 mortgage deals of AED386.7 million and 12 gift deals amounting to AED56.77 million Dubai property market sees …

Posted on 25/10/2022

Dubai’s first seven-star hotel to open; which hotels are coming to Heart of Europe?

Monaco de Dubai is a boutique hotel located on the Côte d’Azur beach, incorporating key elements of the French Riviera’s architecture and design. The beachfront property is planned to be an adult-only …

Posted on 25/10/2022

UAE public transport plans, Dubai property deals, Saudi Arabia considers airport alcohol sales: 10 things you missed this week

Here is a rundown of ten top stories – including UAE public transport plans, Saudi Arabia considering duty free alcohol sale at airports and Dubai’s most expensive villa being purchased by Mukesh …

Posted on 24/10/2022

Saadiyat Lagoons: Aldar launches nature-inspired community in Abu Dhabi

Aldar Properties has launched Saadiyat Lagoons, a nature-inspired residential community in one of the most desirable areas of Abu Dhabi. The development, on the east side of Abu Dhabi’s Saadiyat …

Posted on 24/10/2022

A Guide To Buying Properties During Festive Time

It’s a time when preparations are standing formed throughout the country for the festive time. Aside from the celebrations and shopping binges that take pl..

Posted on 22/10/2022

UAE public transport plans, Dubai property sales, Saudi Arabia considers airport alcohol sales: 10 things you missed this week

Here is a rundown of ten top stories – including UAE public transport plans, Saudi Arabia considering duty free alcohol sale at airports and Dubai’s most expensive villa being purchased by Mukesh …

Posted on 21/10/2022

Abu Dhabi tracks global shares lower; Dubai flat

Abu Dhabi stocks closed lower on Friday, tracking losses in global markets on worries that hefty rate hikes to control surging inflation would push major economies into recession. MSCI’s broadest …

Posted on 20/10/2022

Dubai realty market to end 2022 on strong note

Ata Shobeiry, CEO of Zoom Property, said the real estate growth momentum will continue in the fourth quarter and beyond due to strong demand in the market.

Posted on 20/10/2022

UAE property: ‘Can I claim compensation for a delayed handover?’

I have suffered financially since I already paid 70 per cent of the property price as per the sales and purchase agreement, while the balance of 30 per cent is due on handover. How can I get …

Posted on 20/10/2022

Dubai property market to grow further in Q4, Zoom Property insights

Visa reforms and relaxed policies for investors are contributing to sectoral growth The Dubai property market is heading for a strong end to the year 2022 as it recorded steady and persistent …

Posted on 19/10/2022

Metropolitan Capital Real Estate registers record Q3 2022 sales in Abu Dhabi property market

The Abu Dhabi real estate market has seen phenomenal growth and has become a really attractive opportunity for investors and residents this past year. The summer is usually pretty quiet however this …

Posted on 18/10/2022

UAE property buyers rush to lock in mortgages amid rising rates – JLL

Residential property sales in the UAE continue to build a strong momentum, bolstered by stronger demand and increasing buyer activity. Meanwhile, buyers are turning to mortgage financing as they rush …

Posted on 18/10/2022

UAE: Russians are top property buyers in Dubai; Indians come third

Following the crisis in February, a number of high-net-worth individuals have moved to safer, stable and fast-growing countries around the world …

Posted on 16/10/2022

Dubai property values still have more room to grow

Compare, and investors can find Dubai property prices are still in fair territory The current cycle of super-charged gains in Dubai luxury property category is because demand is far outstripping …

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