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Category: PROPERTY

Posted on 29/10/2021

Dubai mortgage market set for record year as first-time buyers rush in

First time buyers have been particularly active, making up 83% of mortgage transactions in Dubai The mortgage market in Dubai is heading for a record year as the total number of deals registered year …
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Posted on 28/10/2021

T20 World Cup in UAE: Mr Cricket UAE Anis Sajan rewards workers at Jafza with match tickets

Asset & Property Management … secure tickets for the T20 World Cup semi-final and final matches happening in Dubai. Get Breaking News Alerts From Gulf News We’ll send you latest news updates …
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Posted on 28/10/2021

Dubai Completes 98% of Its Paperless Strategy’s Objectives

Dubai Police, Department of Land and Property, Dubai Aviation Engineering Projects, The Government of Dubai Legal Affairs Department, Security Industry Regulation Agency, Islamic Affairs …
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Posted on 28/10/2021

Dubai Billionaire Sajwani Ups Damac Offer Amid Investor Backlash

Dubai-based billionaire Hussain Sajwani increased his bid to buy the rest of Damac Properties PJSC by about 8%, after a previous offer triggered a regulatory review and backlash from minority …
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Posted on 27/10/2021

Property prices up, rents down in Abu Dhabi during Q3

New research says capital values in Abu Dhabi’s residential investment zones saw quarterly improvements for the fourth time in a row …
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Posted on 27/10/2021

Dubai’s Sunset Hospitality expands hotel portfolio with Marbella property

Dubai-based Sunset Hospitality Group has strengthened its global hotel portfolio with the addition of a property in the Spanish resort of Marbella. The new five-star METT Hotel & Beach Resort Marbella …
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Posted on 27/10/2021

Expo 2020 Dubai generates property demand

The Dubai real estate sector has witnessed an upward trend in the rental market in Q3, 2021, with an estimated 14% increase in affordable housing and up to 30% increase in luxury housing in selected …
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Posted on 27/10/2021

Dubai property of the week: Dh14m One at Palm Jumeirah apartment has Miami vibes

Each week, The National showcases some of the finest homes on offer in its Property of the Week. Here, we take a closer look at an apartment at One at Palm Jumeirah in Dubai. This three-bedroom home …
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Posted on 26/10/2021

Rents to sustain an upward trend as Expo 2020 Dubai generates property demand

Areas closer to Expo 2020 site to yield high returns for property owners; Up to 14% hike in affordable housing and 30% increase in luxury property rents likely in Q4; The Dubai re …
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Posted on 26/10/2021

UAE’s long-term residency visas trigger large-scale Indian property investments

Indian real estate investments in the UAE are also seeing a marked change, with Abu Dhabi emerging as a new attraction …
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Posted on 26/10/2021

Mideast Stocks: Abu Dhabi falls, Saudi gains as major Gulf bourses end mixed

Abu Dhabi’s stock index ended lower on Monday following record highs in the previous session, while Saudi Arabian shares reversed course to close in the green as major Gulf bourses marked a mixed note …
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Posted on 25/10/2021

Alpha Dhabi Holding’s third-quarter net profit surges on acquisitions

Alpha Dhabi Holding, a subsidiary of Abu Dhabi’s International Holding Company, reported a sharp jump in its net profit during the third quarter of this year as revenue surged thanks to acquisitions.
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Posted on 25/10/2021

UAE Opens Investigation into Property Developer over Financial Violations

Emirati prosecutors said Sunday they launched a major investigation into Dubai-based real estate developer Union Properties, saying they would probe allegations the long-troubled firm committed fraud …
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Posted on 25/10/2021

DoubleTree by Hilton Abu Dhabi Yas Island Residences to Open on Nov 17

Miral, Abu Dhabi’s leading curator of magnetic experiences, in collaboration with Hilton, announced today that the DoubleTree by Hilton Abu Dhabi Yas Island Residences, will open its doors to guests …
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Posted on 24/10/2021

UAE opens investigation into local property developer over alleged financial violations

DUBAI: The United Arab Emirates attorney general has announced an investigation into allegations of financial violations by the chairman and other officials of Dubai-based developer Union Properties, …
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Posted on 23/10/2021

Reportage announces discount offers for Oasis Residence 2 project

With a down payment of Dh77,900 and a monthly installment pay of Dh7,790 for a period of 20 months, the offer also includes a payment of 70 per cent …
( read original story …)


Posted on 23/10/2021

Dubai’s Jumeirah Bay Island sees second most expensive property deal at $32.6m

Double residential plot stands at 66,000 sq ft and was sold to an anonymous buyer by Dubai-based Luxhabitat Sotheby’s International Realty …
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