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Category: PROPERTY

Posted on 29/06/2022

UAE: Bank announces first-ever plot finance as demand for land ownership increases

The Abu Dhabi Islamic Bank (ADIB) has announced the launch of its first-ever plot financing offering. The scheme enables customers to purchase a piece of land for purpose of investment or to fulfil …
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Posted on 28/06/2022

Summer 2022: Make money, here is how to register as a holiday home in Abu Dhabi

If you are interested in putting up your property as a holiday rental in Abu Dhabi, there are three factors that you should keep in mind before you begin: • Firstly, you need to be the home …
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Posted on 28/06/2022

New Investigation: Dubai Properties of Belarusians Close to Lukashenko

In May, OCCRP and over 20 partners published Dubai Uncovered, an investigation that revealed how sanctioned individuals, convicted or accused criminals, and public officials in Russia and Europe …
( read original story …)


Posted on 28/06/2022

Alpha Dhabi raises stake in Aldar to become Abu Dhabi developer’s parent company

Alpha Dhabi Holding, a subsidiary of Abu Dhabi-listed conglomerate International Holding Company, has increased its stake in Aldar Properties to become the parent company of the property developer.
( read original story …)


Posted on 28/06/2022

Sonder to open 401-unit Business Bay property in Dubai

Sonder Holdings, a leading next-generation hospitality company, is set to open a 401-unit property in Business Bay, Dubai later this year. It will become the largest property in Sonder’s global …
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Posted on 28/06/2022

Alpha Dhabi becomes parent company of Aldar Properties

Alpha Dhabi Holding (ADH) has increased its stake in Aldar Properties, becoming its largest shareholder and parent company. ADH, the Abu Dhabi-based multi-sector business group, already has majority …
( read original story …)


Posted on 28/06/2022

Alpha Dhabi raises its stake in Aldar Properties, making it a subsidiary

Aldar now transitions into a full-fledged subsidiary of Alpha Dhabi Dubai: Alpha Dhabi Holding has increased its stake in Aldar Properties, whereby the Abu Dhabi mega-developer will be a full-fledged …
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Posted on 28/06/2022

Is now the time to invest in UAE property? — Pocketful of Dirhams

But where should you buy and how do you apply for the golden visa once you have decided on a property? Host Felicity Glover is joined by Richard Waind, group managing director of Betterhomes, who …
( read original story …)


Posted on 27/06/2022

Dubai’s Property Finder is using AI to identify the best agents

The new system uses millions of data points and aims to help home-seekers find the most responsive agents with up-to-date and improved knowledge of the properties. Dubai’s Property Finder is using AI …
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Posted on 24/06/2022

Dubai real estate market shines with transactions worth $544.5 million on Thursday

The transactions included AED 1.19 billion from 438 sales transactions, 118 mortgage deals of AED 852.36 million and 18 gift deals amounting to AED 29.65 million, latest DLD data shows Dubai real …
( read original story …)


Posted on 24/06/2022

Real estate transactions in Dubai climb to $462.8 million on Wednesday as property demand soars

Dubai witnessed the completion of 486 sales transactions worth AED 1.31 billion, in addition to 93 mortgage deals worth AED 360.57 million, and 10 gift deals amounting to AED 30.74 million Real estate …
( read original story …)


Posted on 23/06/2022

Dubai’s real estate transactions climb to $462.8 million on Wednesday as property demand soars

Dubai witnessed the completion of 486 sales transactions worth AED 1.31 billion, in addition to 93 mortgage deals worth AED 360.57 million, and 10 gift deals amounting to AED 30.74 million Dubai’s …
( read original story …)


Posted on 23/06/2022

UAE property: ‘What is the maximum amount a landlord can raise rent?’

My landlord notified me of a 13 per cent annual rent increase 90 days before the expiry of the contract. However, the Real Estate Regulatory Agency’s rent calculator stipulates a rent increase of 5 …
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Posted on 22/06/2022

Alpago announces completion of ultra-luxury Palm Jumeirah property

Unveiling the ultra-luxury property, Alpago said its vision was to always set new global benchmarks within the ultra-high-end real estate segment and Riva Del Lusso was at the pinnacle of this …
( read original story …)


Posted on 22/06/2022

Aldar launches new apartments in Saadiyat Island with views of the sea and iconic Abu Dhabi landmarks

Construction of the AED 10 billion Saadiyat Grove destination began earlier in 2022, with handovers expected to begin in Q2 2025 Aldar launches new apartments in Saadiyat Island with views of the sea …
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Posted on 22/06/2022

‘Billionaires’ Row’ on Dubai’s Palm Jumeirah welcomes Alpago Properties’ first signature villa

The exclusive strip of properties on Palm Jumeirah’s Frond G is currently home to 13 signature villas. Alpago Properties has started developing six of them. ‘Billionaires’ Row’ on Dubai’s Palm …
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Posted on 21/06/2022

Completed homes vs off-plan properties: UAE real estate market marks major shift in demand

Ready apartment buildings with larger spaces and a strong community offering are performing well in 2022 as the stock of ready villas deplete Completed homes vs off-plan properties: UAE real estate …
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