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Category: PROPERTY

Posted on 18/10/2021

More villas released as demand for UAE’s Jubail Island project grows

Jubail Island Investment Company (JIIC) has announced the release of 100 additional villas to be built on Jubail Island in response to increasing high demand for the AED7 billion project. The new …
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Posted on 18/10/2021

Mideast Stocks: Abu Dhabi outperforms Gulf markets; Saudi retreats

Most stock markets in the Gulf ended higher on Monday, mirroring strong oil prices, although the Saudi index snapped a four-day winning streak on profit taking. Oil prices hit multi-year highs buoyed …
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Posted on 18/10/2021

Abu Dhabi Department of Energy highlights its energy and water consumption heat map dashboard at GITEX 2021

The new tool aims to help stakeholders assess their energy and water usage on the spot at GITEX Technology Week 2021 …
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Posted on 18/10/2021

Property market sets new records as prices continue to climb in Q3

The swift vaccine rollout, visa reforms and 100% business ownership rules have all contributed to attracting new investors and residents to Dubai, a trend that seems to be gathering pace …
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Posted on 18/10/2021

Radisson RED Dubai is on the hunt for resident DJ

The Silicon Oasis hotel has launched a DJ competition to find the right fit. Radisson RED Dubai is on the hunt for resident DJ. Dubai djs, hospitality news, hotel news, radisson red, Radisson red …
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Posted on 18/10/2021

Anantara World Islands Dubai Resort appoints a resort manager

It is Giacomo Puntel’s first time pivoting away from F&B operations. Anantara World Islands Dubai Resort appoints a resort manager. ananatara hotels, anantara hotels resorts and spas, anantara world …
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Posted on 18/10/2021

Abu Dhabi businessman sells Warwick Village Shopping Centre for $1.8m through LJ Hooker Toowoomba

A major shopping precinct in the Southern Downs that was held by a businessman from Abu Dhabi has sold at auction for $1.8m.
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Posted on 18/10/2021

Saudi regulator books real estate firms for violating advertising rules

A number of real estate companies across Saudi Arabia have been fined for not complying with the rules related to advertising and promotions, the regulator said. The firms were pulled up by the Saudi …
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Posted on 17/10/2021

Dubai’s off-plan property market is taking off again. But what’s triggering recovery?

Dubai’s off-plan property market is on the path of a V-shaped recovery thanks to renewed investor confidence. This trend is expected to continue in the coming months, according to a property analyst.
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Posted on 16/10/2021

ADIA-Backed LOGOS Platform and AustralianSuper Acquire Qantas Property for Logistics Development

Upon development completion, the property is forecast to have an end value in excess … LALV is a partnership established in late 2014 between LOGOS and the Abu Dhabi Investment Authority to acquire …
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Posted on 16/10/2021

UAE Public Prosecution: Up to 5 years in jail, Dh10,000 fine for destroying property

The UAE Public Prosecution has stated that destruction of property is a crime that can cost defendants up to five years in prison.According to a recent video on their official handle, the crime can …
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Posted on 16/10/2021

Why real estate recovery is likely to be fragmented in Dubai

Real estate recovery is likely to be fragmented in Dubai with the residential sector gaining momentum during 2021 while hospitality and retail lag behind, according to new research. S&P Global Ratings …
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Posted on 14/10/2021

Breaking Travel News interview: Alessandro Redaelli, general manager, Conrad Abu Dhabi Etihad Towers

Breaking Travel News speaks to Alessandro Redaelli, the newly appointed general manager at Conrad Abu Dhabi Etihad Towers, about the property, the reopening of the Abu Dhabi tourism market and his …
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Posted on 14/10/2021

Taha Mohamed appointed EAM at W Abu Dhabi – Yas Island

Mohamed was previously posted at the Sheraton Grand Tokyo Bay Hotel. Taha Mohamed appointed EAM at W Abu Dhabi – Yas Island. hospitality news, hotel news, marriott hotels, marriott international, taha …
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Posted on 13/10/2021

Dubai property records best ever third quarter as value of sales hits $11.5bn

Dubai recorded real estate transactions worth Dh42.4 billion ($11.5bn) in the three months to September 30, making it the best third quarter in the emirate’s history in terms of the value of sales …
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Posted on 13/10/2021

Jeff Ubben and Singapore’s GIC Back $830 Million Fertiglobe IPO

Abu Dhabi’s state energy company and OCI NV are selling a stake worth as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and U.S.
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Posted on 13/10/2021

Activist Ubben Joins Fertiglobe Board Ahead of $830 Million IPO

Abu Dhabi’s state energy company and OCI NV are selling a stake of as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and activist …
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