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Category: PROPERTY

Posted on 10/04/2021

UAE Public Prosecution highlights penalties for breach of trust

ABU DHABI – The UAE Public Prosecution has clarified the penalties for … bills or any other movable property to the prejudice of those entitled whenever the. said movable property are delivered to …
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Posted on 08/04/2021

Dubai weekly realty deals top Dh5b

The real estate and properties transactions valued at 5.1 billion in total during the week ending 08 April 2021, according to Dubai Land Department (DLD). The DLD weekly real estate report said the …
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Posted on 08/04/2021

Emaar Properties first-quarter sales more than double, MD tells Al Arabiya

DUBAI (Reuters) – The managing director of Emaar Properties, Dubai’s largest listed real estate developer, on Thursday said the company achieved first-quarter sales of 6 billion dirhams ($1.63 billion …
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Posted on 08/04/2021

Dubai real estate revival: Properties are selling within hours; deals hit 6-year high

Data Finder, the real estate insights and data platform under the Property Finder Group, has reported that in March 2021 the market saw 10.93 billion dirhams ($2.9 billion) worth of properties sold …
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Posted on 08/04/2021

Aldar launches new 480-unit residential project in Abu Dhabi

Leading UAE developer Aldar Properties has announced the launch of Noya Viva, the next phase of its premium Noya development on Yas Island, Abu Dhabi. The community is open for buyers from all …
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Posted on 08/04/2021

Investors who struck gold in cryptocurrency are investing in UAE real estate

First-time buyers looking to invest in Dubai property should be aware of several elements While most transactions are still made the old-fashioned way, a few investors have begun to look to make …
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Posted on 08/04/2021

Brits are snapping up Dubai golf real estate amid pandemic

A global increase in demand for green spaces and the opportunity to work from home is driving new investment from British buyers into Dubai golf properties. UK property buyers now account for 40 …
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Posted on 08/04/2021

No prison: Dubai naked photoshoot models will be deported from UAE

Dubai government’s media office announced that the girls would be spared prison All individuals involved in the photoshoot will be deported from the United Arab Emirates Detained models were facing …
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Posted on 08/04/2021

Bloom starts delivery of three-tower property in Dubai

Leading real estate developer Bloom Properties has announced that it has begun the handover of the luxurious apartments within its premium development, Bloom Towers, located in Jumeirah Village Circle …
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Posted on 07/04/2021

UAE’s house price falls decelerating

In Dubai, residential property prices fell by 2.93% during 2020, an improvement from the prior year’s 4.05% decline. During the latest quarter, house prices in Dubai increased slightly by 0.52% q-o-q.
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Posted on 06/04/2021

How 130 Dubai Assets Were Traced To Nigerian Ex-Governors, Senators

“Corrupt Nigerian elites have managed to evade detection and massively invested into the UAE property market particularly in Dubai. As argued by Barnaby Pace, “We know that the criminal and …
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Posted on 06/04/2021

Bloom Properties Begins Handover Of Bloom Towers Apartments In Dubai

Leading real estate developer, Bloom Properties announced today that it has begun the handover of units to owners at its premium development in Dubai, B …
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Posted on 06/04/2021

UAE to launch e-notary notary management system to detect fake agencies

Sultan Al Badi, UAE’s Minister for Justice … He pointed out that an agent who misuses the power of attorney regarding the sale of a property is liable to be prosecuted by a jail term and a penalty, …
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Posted on 06/04/2021

TMKN Property completes $217m Al Jimi Avenue in Abu Dhabi

Mixed-used development offers 600 apartments, in addition to commercial and office spaces and other facilities …
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Posted on 06/04/2021

Dubai’s Ellington Properties and Al Hilal Homes launch high-end villas in The Palm Jumeirah to meet lifestyle aspirations of international investors

Ellington Properties, Dubai’s design-led property developer, has signed an agreement, valued at about US$82 million, with Al Hilal Homes, a leading real estate brokerage firm, to offer premium homes …
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Posted on 05/04/2021

UAE: Man celebrates baby’s birth with fireworks, burns 5 cars and property

Dubai Police arrested a young Arab man who celebrated the arrival of his newborn baby with crackers and fireworks — and ended up causing considerable damage to his neighbours’ property in the process.
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Posted on 01/04/2021

Dubai property price rise reflects healthy demand

Brokers report strong demand, especially in the popular locations, with a further acceleration in prices now likely as the world exits the pandemic.
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