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Category: PROPERTY

Posted on 26/05/2021

Dubai posts property deals worth Dh36b in four months

In terms of volume, April transactions were up 4.2 per cent compared to March and 0.6 per cent more in terms of value …
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Posted on 26/05/2021

Dubai realty posts largest single-month price surge in 7 years

Prices remain well below past peaks and offer great value, but the lack of available stock is impacting transaction volumes …
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Posted on 26/05/2021

Dubai real estate sales hit four-year high in April as off-plan market rebounds

Dubai’s property market witnessed 4,832 sales transactions throughout April worth AED10.98 billion ($3bn) – the highest value in four years – indicating further how the emirate’s real estate sector is …
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Posted on 26/05/2021

Dubai property fund unmoved by renegade creditors in debt clash

Emirates REIT, whose portfolio ranges from schools to office space, has said it needs to improve its balance sheet after the global pandemic compounded a property slump in Dubai …
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Posted on 26/05/2021

Select Group and ESIC snap up one of last remaining plots on Dubai’s Palm Jumeirah

Development on West Crescent to include ultra-luxury villas and boutique hotel, with work set to start this year …
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Posted on 26/05/2021

I’m earning £84k tax-free in Dubai, saving towards building a property portfolio and one day becoming a millionaire. Here’s my money month

Don’t forget to join GLAMOUR’s new Facebook group, Money Matters, for more exclusive finance content, and get in touch with us at moneymatters@condenast.co.uk to submit your own anonymous money diary.
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Posted on 26/05/2021

Abu Dhabi-based Reportage Properties sales grow 200% in 4 months

Developer is working on 11 projects, providing about 5,000 housing units within the most important investment sites in Abu Dhabi and Dubai …
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Posted on 25/05/2021

Aldar launches new Yas Island villa community amid rising demand

Aldar Properties on Tuesday announced the launch of 189 standalone villas at Noya Luma on Yas Island following the success of the first two phases of the development. Noya Luma sits adjacent to the …
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Posted on 25/05/2021

Aldar Launches ‘Noya Luma’ On Yas Island Following Rapid Sale Of First Two Phases

Following the success of the first two phases of its Noya development, Aldar Properties (‘Aldar’) has announced the launch of 189 standalone villas at N …
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Posted on 25/05/2021

Ellington Properties Wins Luxury Lifestyle Award 2021 For ‘Best Luxury Real Estate Developer In Dubai’

Ellington Properties, Dubai’s design-led property developer, has won the ‘Best Luxury Real Estate Developer in Dubai’ award at the prestigious Luxury Li …
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Posted on 24/05/2021

Dubai records Dhs92b worth of realty transactions

Dubai property sector is on a solid growth track and marching ahead despite the COVID-19 challenges. The City of Wonders has registered 25,455 real estate transactions worth Dhs92 billion from January …
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Posted on 24/05/2021

Dubai rental rates for villas surge in Q1

Rental rates for villas in Abu Dhabi and Dubai remained strong in the first quarter, driven by a surge in demand within well-developed mature and emerging villa communities.The rental market in Dubai …
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Posted on 24/05/2021

US removes UAE from intellectual property protection watch list

The United Arab Emirates has welcomed the Office of the United States Trade Representative (USTR) decision to remove the country from the US intellectual property protection (IPP) Watch List. In its …
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Posted on 24/05/2021

Dubai’s Ramadan property sales hits new high in 2021

Ramadan in 2015 came closest with 3,870 property sales transactions and since then the number of transactions for this festive period has averaged around 2,500 every year. Ramadan 2020, being in the …
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Posted on 23/05/2021

UAE removed from US intellectual property watchlist

The US has removed the United Arab Emirates from its intellectual property watchlist after the Gulf country took steps to combat the trade of counterfeit …
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Posted on 23/05/2021

Revealed: 10 most expensive properties sold in Dubai in 2021

Led by Palm Jumeirah, prime residential property in Dubai is attracting strong interests from investors during the first quarter (Q1) of 2021. According to an analysis by Luxhabitat Sotheby based on …
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Posted on 23/05/2021

Dubai shares gain most in Gulf as real estate rallies

Dubai: The Dubai Financial Market General Index rose as much as 1.3%, up for a fifth day in its longest winning streak since March. The sub-index tracking Dubai-based real estate shares climbed as …
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