Dubai’s fountain show resumes beneath the Burj Khalifa tower, on June 5, 2020, following coronavirus lockdown. (File photo: AFP) Interest from buyers and renters in villas throughout Dubai skyrocketed …
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Sheikh who installed Evian water tanks at mansion accused of ‘reckless extravagance’ in lawsuit
A blockbuster case making its way through the London High Court is shedding light on the finances and extravagant, secretive lifestyle of the world’s fourth richest royal. Sheikh Khalifa bin Zayed …
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Sheikh with so many homes: RICHARD KAY goes through the Emir of Abu Dhabi’s keyhole
This week the High Court heard how Sheikh Khalifa was accused of reckless extravagance in a legal battle between him and the former managers of his London property empire.
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COVID-19 – NRIs: UAE expats going home? Here are your top options when purchasing property in India
I have a UAE job offer but can’t fly in. What should I do? COVID-19: I got a job in another emirate, can I put my family visa on hold in the UAE? If, as an Indian expat, you have decided to live in a …
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After COVID-19, UAE property market is expected to recover in phases – Time now to buy a home?
The COVID-19 pandemic has been causing disruption across most industries and the UAE’s real estate market is expected to face strong headwinds Given the uncert …
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UAE: Why holding on to your money is crucial to riding out COVID-like emergencies!
Most people who are working from home now do not spend as much money as they did earlier. They don’t go to malls or eat out at restaurants. Now, most people prefer to cook at …
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Khalifa Hasan Ali Saleh Al Hammadi appointed chair of Union Properties
Khalifa Hasan Ali Saleh Al Hammadi has been appointed chairman of Dubai-based developer Union Properties. Al Hammadi, who was appointed as vice chairman and chief executive officer of the Dubai Motor …
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Emaar Properties permits interim dividend distributions
DUBAI – Properties Emaar, PJSC, in its General Assembly meeting on Sunday, approved the amendment of Article (57) of the company’s Articles of Association that may allow the distribution of interim …
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Top Dubai executives earned over AED3m each in salaries and bonuses in 2019
According to latest data and filings: Dubai Investments CEO earned AED4.65m in 2019 and AED5.25m in bonuses during 2019. Du’s CEO was paid AED4.75m plus an additional AED4.76m in bonuses during the …
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Dubai Tourism awards Meliã Desert Palm Dubai five-star status
Boutique polo resort Melia Desert Palm Dubai is celebrating its 12th anniversary with the announcement that they have received the five-star certification from the Department of Tourism & Commerce …
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Saudi property financing firm Amlak says sets price range for IPO
Saudi Arabian real estate financing firm Amlak International has set the price range for its planned initial public offering (IPO) at between 15 riyals ($4.00) and 17 riyals, it said in a statement on …
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Illegal slaughterhouse shut down in UAE for flouting hygiene rules
Besides the residential house, two other facilities were also seized for flouting commercial activity norms and storing goods in unlicensed warehouses.
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Jumeirah Group launches daycation packages at four of its Dubai hotels
Hotels and resorts within Dubai have been given the green light to reopen private … Celebrating the ease in restrictions, Jumeirah Group has rolled out daycation packages at four of its properties …
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Revealed: Eleven of the best staycation deals in Dubai
Issa Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DCTCM) said he hopes encouraging local visitors to the properties across the emirates will help kickstart the sector, which has …
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Chinese interest in Australian property shrinks as diplomatic rift grows
Chinese buyer enquiries for Australian homes fell to their lowest in almost three years in May, according to independent data, suggesting multi-billion dollar housing demand could be another casualty …
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Residential property prices in Saudi Arabia rose 2.1% in Q1 2020
DUBAI — Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its Saudi Arabia Property Market Report for 2020 comprising key property data and …
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Deeds to property in Dubai seized by gardaí along with watches, drugs, designer clothing
One vehicle, valued at € 50,000, and jewellery and luxury watches with a combined value of €100,000 were confiscated by Cab, along with the deeds to a property in Dubai. Designer clothing was …
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