Last year saw property prices make their way upwards following a five year slump that was further exacerbated by the pandemic. Dubai rents see biggest rises since 2014 as villa demand continues “Dubai …
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Renovations revealed at legendary hotel Radisson Blu Dubai Deira Creek
Radisson Blu Dubai Deira Creek has been renovated, bringing a fresh new look and feel to the longstanding property. The hotel opened in 1974 as the first five-star hotel in Dubai. The property’s 288 …
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Up to 2 years’ jail, Dhs20,000 fine for embezzling property pledged as debt security
The UAE Public Prosecution (PP) explained on Wednesday, through a video on its social media accounts, the penalties for the embezzlement of moveable property that is pledged as security for debt.
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Abu Dhabi’s Aldar acquires RAK’s Al Hamra Mall for $111.64mln
Abu Dhabi’s leading developer Aldar has acquired Al Hamra Mall in Ras Al Khaimah for AED 410 million ($111.64 million). The company said in a statement that the 27,000 sq.m. mall, which was completed …
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Dubai prime residential property market records 3rd highest growth in 2021
Alongside a return to offices, education and travel will also deliver growth to all major cities.” Dubai property prices still undervalued Swapnil Pillai, Associate Director, Middle East Research said …
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Outlook: Dubai property market likely to face headwinds in 2022 – CBRE
Dubai’s residential property market is likely to face some headwinds this year compared to past 12 months, but villa and apartment sales will remain strong in a post-pandemic world, according to the …
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Nakheel hires builder for sold-out Dubai homes project
Dubai property prices forecast to close in on 2014 peak this year Launched in May, homes in the Murooj Al Furjan community are set among extensive green spaces, walkways and amenities including …
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UAE’s property market stays strong in 2021 despite pandemic
Despite the uncertainty caused by the onset of a number of Covid-19 variants, the UAE’s property market has seen a marked upturn in performance in 2021, according to leading real estate advisory firm …
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Dubai property sector gains pace as realty deals reach Dhs4.9 billion
A total of 1,724 real estate transactions worth Dhs4.9 billion were conducted during the week in Dubai, according to figures released by the Dubai Land Department.
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UAE: FAB Properties collaborates with Ades to enhance power productivity
FAB Properties, a unit of the UAE’s largest lender First Abu Dhabi Bank, is cooperating with Abu Dhabi Energy Services in order to minimize water and …
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FAB Properties teams up with Ades to boost energy efficiency across its portfolio
FAB Properties, a unit of the UAE’s biggest lender First Abu Dhabi Bank, is teaming up with Abu Dhabi Energy Services to reduce water and electricity consumption across its portfolio of properties.
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Dubai home price growth may moderate this year after the surge in 2021
Price gains in Dubai’s residential property could moderate this year amid continued oversupply, after a surge in demand for larger homes helped end a six-year losing streak in 2021.
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Abu Dhabi’s 2021 residential capital values up 11%
Abu Dhabi’s residential capital values rose 11% annually and 2.1% quarterly to 70.2 points, fully recovering from pandemic fallouts, and performing better than 2019 by 1.7%. However, prices are still …
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New Aloft Dubai Creek hotel manager promises to be “sassy and savvy” in role
Zee Bassila joins Aloft Dubai Creek, succeeding Gurnoor Bindra. New Aloft Dubai Creek hotel manager promises to be “sassy and savvy” in role. Aloft Dubai Creek, aloft hotels, dubai hotels, gurnoor …
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New art mural at Sheikha Fatima Park brightens up Abu Dhabi’s cityscape
Yet another mural has been added to Abu Dhabi’s urban art, and this time, it depicts the pet-friendly nature of the capital’s newest park. Created by artist Jack Lee, it The mural was realised through …
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Dubai property deals in 2021 worth a record $82bn
Dubai registered 84,196 property transactions worth Dh300 billion ($82bn) last year, which is the highest annual value recorded in the emirate’s history, the Dubai Land Department has said. The volume …
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Dubai property prices forecast to close in on 2014 peak this year
New research says both the secondary and off-plan markets are expected to see a steady uptick in 2022 Dubai property prices forecast to close in on 2014 peak this year Dubai apartment prices, Dubai …
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