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Category: PROPERTY

Posted on 04/05/2022

Here’s why investors are lining up to own and operate Airbnb properties near the Burj Khalifa

Airbnb properties in Dubai make the most money, according to a recent study by CIA Landlord Insurance, which shows the emirate topping a global list of the most profitable locations for landlords to …
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Posted on 04/05/2022

UAE: Now, electronic registration of vehicle ownership for government departments, private firms in Ajman

This will save the cost of printing and reduce the fees for printing and delivering property ownership documents … Dear Reader, This section is about Living in UAE and essential information …
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Posted on 03/05/2022

UAE: Foreigners ‘laundering illicit billions’ through Dubai real estate

A new leak of Dubai real estate data has revealed the extent to which foreigners accused, convicted or suspected of international crime own property in the United Arab Emirates. The data was obtained …
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Posted on 03/05/2022

BREAKING NEWS: Overhaul of Residency Rules Makes Dubai the Monaco of the Middle East

New Residency Visas Send Dubai Property Deals Skyrocketing for Memorable-Dubai DUBAI, UAE, May 3, 2022 /PRNewswire/ — On April 18, the Emirate of Dubai announced a comprehensive overhaul of its …
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Posted on 03/05/2022

Report: 68 Bosnians own 105 properties worth a total of $ 27 million in Dubai

According to a report published by the Center for Advanced Defense Studies (C4ADS), 68 Bosnian citizens own 105 properties worth a total of $ 27 million in Dubai. “In Dubai, weak regulation, poor …
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Posted on 01/05/2022

Dubai property boom: Tenants’ rights and Rera’s rent calculator explained

Confusion often reigns over tenants’ rights. As the property market makes a strong rebound from the pandemic, it has raised many questions about tenancy do’s and don’ts. This year, Dubai’s property …
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Posted on 01/05/2022

My Dubai Rent: businesswoman adores stylish Dh65,000 duplex loft apartment

How did you find the apartment? I Googled loft apartments for rent in Dubai and came across Lootah Properties. I had viewed two other apartments before this one but my mind was made up as soon as I …
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Posted on 30/04/2022

Abu Dhabi records over $3bn in property transactions in Q1

Abu Dhabi recorded 3,304 real estate deals worth Dh11.3 billion ($3bn) in the first quarter of this year, as the UAE’s property market continues to rebound from pandemic-induced slowdown, according to …
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Posted on 29/04/2022

Dubai property broker fined Dh50,000 for cold calling

The Real Estate Regulatory Agency (Rera) at the Dubai Land Department has fined a property broker Dh50,000 for making cold calls and practising direct telemarketing. The agency also suspended nine …
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Posted on 29/04/2022

Ellington Properties, a Property Developer Co-Founded by Nitin Bhatnagar, Brings a New Restaurant Roobaru to Its DT1 Residences in Downtown Dubai

DUBAI, Arab Emirates, April 29, 2022 (GLOBE NEWSWIRE) — Ellington Properties, Dubai’s leading design-led boutique property developer, has welcomed a new restaurant Roobaru to its award-winning DT1 …
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Posted on 29/04/2022

Dubai developer Damac Properties starts accepting Bitcoin and Ethereum

Dubai developer Damac Properties will accept certain cryptocurrencies for property transactions as part of efforts to offer more flexibility to investors, the company has announced. The developer will …
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Posted on 29/04/2022

Dubai property sets record for price per square foot

An apartment at the Bulgari Resort and Residences in Dubai has set a new record for the highest price per square foot in the city. The three-bedroom property on Jumeirah Bay Island sold for Dh40 …
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Posted on 29/04/2022

$1.8bln in weeklong real estate transactions in Dubai

DUBAI- The Dubai real estate and properties transactions valued at 6.6 billion in total during the week ending 29 April 2022. The sum of transactions was 2,259. 197 plots were sold for AED 1.15 …
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Posted on 29/04/2022

Driven Properties sells highest recorded price of $3,439 per sqft at Bulgari Residences

Kianoush Darban, Associate Partner at Driven Properties. Similarly, Lina Allaoa, the second broken behind the deal, said: “It comes as a true testament how far Dubai has come. All initiatives made by …
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Posted on 29/04/2022

Ask the Law: Can buyer seek termination of property purchase contract upon losing job?

Worker with a year or more in service, is entitled to end-of-service benefits in UAE Question: A year ago, I purchased a property from a developer through bank financing. However, a month ago …
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Posted on 29/04/2022

Gem in the Desert: A Look Inside Dubai’s $1.4 Billion Hotel Residential Property

After 14 years of construction, Dubai’s Atlantis The Royal Resort & Residences will open in November 2022 featuring over 90 pools and 18 restaurants.
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Posted on 28/04/2022

Conrad Abu Dhabi Etihad Towers gets five-star rating from Forbes Travel Guide

Conrad Abu Dhabi Etihad Towers celebrated in the 2022 Star Awards. Conrad Abu Dhabi Etihad Towers gets five-star rating from Forbes Travel Guide. abu dhabi, conrad, Conrad Abu Dhabi, Conrad Abu Dhabi …
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