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Category: PROPERTY

Posted on 05/05/2021

Dubai Customs’ IP Protection Efforts Get The UAE Off U.s. Anti-counterfeiting Watch List

The contributions of Dubai Customs toward protection and enforcement of intellectual property (IP) rights have significantly paved the way for a new UAE …
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Posted on 05/05/2021

Wasl Properties Releases ‘Masaken Wasl’ In Al Qusais Onto The Market

Dubai, announced the release of ‘masaken wasl,’ a new project in Al Qusais, onto the Dubai leasing market. The development offers 777 modern and spacious apartments to meet the various needs of …
( read original story …)


Posted on 05/05/2021

Wasl properties launches ‘masaken wasl’ in Al Qusais

Wasl properties has announced the release of ‘masaken wasl,’ a new project in Al Qusais, onto the Dubai leasing market. The …
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Posted on 05/05/2021

Exclusive: Kempinski exits management of Emerald Palace hotel in Dubai’s Palm Jumeirah

Hotel operator Kempinski is no longer managing the ultra-luxurious Emerald Palace Kempinski Dubai in Palm Jumeirah. In a statement to Gulf Business, Kempinski confirmed that the decision, which took …
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Posted on 05/05/2021

Wasl properties launches new 777-unit residential project in Dubai

UAE-based wasl properties has announced the release of its new residential development, ‘masaken wasl,’ in Al Qusais, strategically located between Dubai and Sharjah. The development offers 777 modern …
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Posted on 05/05/2021

Aldar Selects Three Global Proptech Startups For First Edition Of Scale Up Programme

Aldar Properties (‘Aldar’) has selected three PropTech startups as part of the inaugural Aldar Scale Up accelerator programme, which aims to provide a g …
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Posted on 05/05/2021

JP Morgan, FAB poised to win roles on IPO of UAE’s Adnoc drilling unit

IPO could value Adnoc’s drilling business up to about $10 billion Dubai: Abu Dhabi National Oil Co. is close to hiring JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to help arrange the potential …
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Posted on 05/05/2021

Will Dubai company’s factory put Beeville on the map?

Bee County listed no private companies among its largest employers as of 2018. With the arrival of the first U.S. factory for a Dubai-based company, that could change.
( read original story …)


Posted on 04/05/2021

Abu Dhabi’s real estate transactions totaled $3.1 billion in Q1 2021

Value of mortgages exceeded AED6.5 billion generated from 2,092 transactions with the remain total coming for real estate transactions …
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Posted on 04/05/2021

Dubai and Madrid offer residential tenants the world’s most space for US$ 10,000 per month

According to the latest Knight Frank global property rents research, despite the pandemic and political headwinds, Hong Kong has retained its crown as the world’s most expensive city in which to rent …
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Posted on 02/05/2021

Dubai property trends: Q1 shows record sales over improved investor confidence

The Dubai real-estate market recorded a high number of home and office sales transactions in the first quarter of 2021, according to a report by ValuStrat. “A positive trend which commenced [during …
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Posted on 02/05/2021

JLL’s Salbak on Luxury Home Sales Boom in Dubai

Head of MENA Research at JLL, Dana Salbak, discusses her firm’s latest report, which says that newly announced regulatory measures, the vaccine rollout and the upcoming Expo 2020 are all opportunities …
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Posted on 30/04/2021

Dubai ‘Butt Squad’ organizer admits he slept with two of the models

The US-Ukrainian playboy detained in Dubai for posting the infamous “Butt Squad” photoshoot of naked models admitted in a new interview that he had sex with two of the young women – and insisted …
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Posted on 29/04/2021

Dubai property sector gains pace, deals hit Dhs8.5 billion

A total of 1,791 real estate and properties transactions valued at Dhs8.5 billion were registered during the week, according to a report issued by the Dubai Land Department (DLD) on Thursday.
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Posted on 29/04/2021

UAE: Do I need to pay service charges if the unit was not occupied?

If property owner passes away, does legal heir need to cover unpaid service charges? Dubai: If a mortgaged property is not occupied by the owner or a tenant, is the property owner still liable to …
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Posted on 29/04/2021

The Rich Find Haven in Dubai, and Luxury Home-Sale Boom Ensues

(Bloomberg) –The wealthiest home buyers fleeing virus lockdowns for Dubai are still finding bargains aplenty, turning March into the busiest month ever for the emirate’s top-end residential …
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Posted on 29/04/2021

Dubai emerges as office location of choice for tech companies in Q1

Savills says Dubai’s response to Covid has elevated its status, making it a viable alternative to major European cities …
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