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Category: PROPERTY

Posted on 14/06/2021

HSBC Joins Morgan Stanley With Bullish Call on Dubai Real Estate

HSBC Holdings Plc said a growing demand for larger homes during the pandemic would further boost Dubai’s property market, echoing analysts at Morgan Stanley who expect the rally to last for “several …
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Posted on 14/06/2021

Wealth Fund ADIA Reviews Real Estate Strategy as Pandemic Bites

The Abu Dhabi Investment Authority, one of the world’s biggest property investors, is considering changes to its real estate strategy after some of its major holdings suffered during the coronavirus …
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Posted on 14/06/2021

Pictures: ‘Most expensive’ villa in Dubai’s Palm Jumeirah sells for Dhs119.5m

A villa in Dubai’s Palm Jumeirah villa has sold for Dhs119.5m, making it the ‘most expensive’ villa sold in Dubai since 2015, according to its developer. Located within the XXII Carat beachfront …
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Posted on 14/06/2021

Dubai developer says real estate market is ‘as low as it’s going to get’

A Dubai-based developer has claimed the emirate’s real estate market “is as low as it’s going to get”. But while Madhav Dhar, co-founder and COO of ZāZEN Properties, told Arabian Business that the …
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Posted on 14/06/2021

Dubai: Enjoy free rides on Palm Jumeirah Monorail this week

Residents and visitors to the Palm Jumeirah can enjoy a free ride on The Palm Monorail this week, Nakheel Properties said. According to a notice sent by Nakheel Community Management, the Dubai …
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Posted on 13/06/2021

Abu Dhabi revealed as the top place to go for luxury travel

With Abu Dhabi known as a haven for luxury travellers, there’s plenty of five-star properties in this capital for tourists or residents to unwind at, as the rooms will make you feel like royalty from …
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Posted on 13/06/2021

New director of operations at Sofitel Abu Dhabi Corniche

Angela Christodoulopoulou has been promoted at the hotel. New director of operations at Sofitel Abu Dhabi Corniche. appointments, dubai, hotel, hotel jobs, news, operators, owners, reports, …
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Posted on 13/06/2021

Who is buying Dubai’s villas, apartments?

Here’s a quick peek into what’s behind the buying frenzy …
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Posted on 13/06/2021

Dubai’s Palm view launches luxury apartments in Palm Jumeirah

After a successful pre-launch in April, 263 fully-furnished apartments are now for sale Dubai: Dubai’s property market welcomes new luxury apartments at the foot of The Palm Jumeirah, Palm View. It is …
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Posted on 13/06/2021

What else may the investors wait for to buy a property in Dubai? Expert asks

Dubai: Expert, Walid Al Zarooni, noted the unprecedented robust investing response in the Emirate of Dubai, and the record turnout local and foreign investors take out. Most of the real estate …
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Posted on 12/06/2021

Villas continue to lead Dubai property market out of price slump in May

New research indicates that Dubai residential values have risen by up to 5.4% so far this year Average residential property prices in Dubai have increased by up to 5.4 percent so far in 2021 following …
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Posted on 11/06/2021

Mouni Roy’s Latest Meal At Abu Dhabi Was A Lavish Affair – See Pics

Mouni Roy is a self-confessed foodie. She shares glimpses of her meals every now and then. Recently, Mouni enjoyed a lavish meal at Abu Dhabi. See pics inside. Mouni Roy is known for her fitness. One …
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Posted on 11/06/2021

Dubai’s weeklong real estate transactions valued at $2.91bln

According to the DLD weekly report, 219 plots were sold for $397mln, 1,418 apartments and villas were sold for $765mln …
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Posted on 09/06/2021

Founder of Dubai’s Damac offers $255mn all cash plan to take property firm private

United Arab Emirates property tycoon Hussain Sajwani made a $255mn offer yesterday to buy out minority shareholders in Damac Properties, which he has run for nearly two decades.
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Posted on 09/06/2021

Moody’s affirms Aldar Properties’ Baa2 rating; stable outlook

Moody’s has affirmed Aldar Properties’ Baa2 issuer ratings, with the rating outlook remaining ‘stable’, driven by strong property …
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Posted on 09/06/2021

Ultra-luxury Dubai property deals jump to $68m during Q1

Luxhabitat Sotheby’s announced the complete project sell-out of the ultra-luxury Four Seasons Private Residences within three months of its launch. Ultra-luxury property deals in Dubai are booming …
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Posted on 09/06/2021

Abu Dhabi, Saudi manage small gains

DUBAI: Major Gulf markets ended lower on Tuesday, while Abu Dhabi and Saudi Arabia eked out marginal gains, as sentiment was pressured by weak oil prices. Brent crude was down 58 cents, or 0.8%, at …
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