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Category: PROPERTY

Posted on 15/07/2021

Ex-bikie and missing property magnate among Australian names granted Vanuatu citizenship

Marco Coffen and Zhou Xiang Huang on list of those who bought passports from the Pacific nation in 2020 …
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Posted on 14/07/2021

Miral’s Hilton Abu Dhabi Residences set for Q4 opening

… cent of the work has been completed on its DoubleTree by Hilton Abu Dhabi Yas Island Residences project which is set to open in the fourth quarter of this year. The 156-unit property, with a mix …
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Posted on 14/07/2021

NRIs: Should I take loan in India or the UAE? Finding the more cost effective option of the two

Dubai: One of the question that often arises for Indian expats in the UAE is how beneficial it is for the NRIs to opt for a loan in the UAE and invest in India, as opposed to taking a loan in India.
( read original story …)


Posted on 14/07/2021

Capital values of Dubai residential properties jump in Q2 2021

The Valustrat Price Index (VPI) for capital values of Dubai residential properties has jumped in the second quarter of 2021 compared to Q1, thanks to the rise in demand for villas and apartments. The …
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Posted on 14/07/2021

Abu Dhabi investors acquire DoubleTree by Hilton London ExCel hotel

ADNEC also owns Anantara Sir Bani Yas Island Abu Dhabi and Qasr Al Sarab Desert Resort by Anantara. Abu Dhabi investors acquire DoubleTree by Hilton London ExCel hotel. abu dhabi hotels, abu dhabi …
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Posted on 13/07/2021

For June Abu Dhabi’s Hotel Industry Reported Its Highest Occupancy Since the Start of the Pandemic

Abu Dhabi’s hotel industry reported its highest occupancy since the start of the pandemic, according to preliminary June 2021 data from STR. Occupancy: 68.5%; Average daily rate …
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Posted on 13/07/2021

Mansion Global Daily: Mental Health at Home, European Buyers Are Driving up Property Prices in Dubai, and More

Read More The co-founder of award-winning firm SPF:a talks about drawing on the city’s mid-century architecture, the scourge of oversized homes and how wellness is at the core of Modernism. Read More …
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Posted on 12/07/2021

Reportage Properties sales surge 107% in first half as demand surges

The robust sales during the first half of this year reflected the high performance and the attractiveness of the company’s projects …
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Posted on 12/07/2021

Aldar Properties launches second phase of Al Gurm

Aldar Properties has announced the launch of the second phase of its Al Gurm development, a luxury secluded waterfront community on the South-West side of Abu Dhabi’s main island. In a statement, the …
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Posted on 12/07/2021

More UAE tenants, homeowners see property price declines coming to an end

Home sentiment in the UAE continues to improve as more renters and property owners expect an end to the decline in residential prices which began in 2015 and was exacerbated by coronavirus, according …
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Posted on 12/07/2021

Sustainability Agenda Becoming Mainstream As Occupier Activity Rises In Dubai’s Office Market

Prime headline office rents in Dubai have started to stabilise, according to the latest research by global property consultants, Knight Frank. Overall, however, rents still remain at 9-year lows, …
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Posted on 10/07/2021

Dubai notes real estate transactions of $4bn in June

The month of June 2021 witnessed 6,388 transactions worth $4bn (AED14.79bn), 44.33% more than May 2021 in terms of volume and 33.2% more in terms of value, Property Finder reported. The real estate …
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Posted on 10/07/2021

Dubai real estate: Short-term lets, long-term rewards

How the rental market in Dubai is moving towards a short-term, on-demand model – and what that could mean for investors …
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Posted on 09/07/2021

Real estate deals in Dubai top $1.4bn for first week in July

A total of 1,705 real estate and property deals were recorded in Dubai during the first week of July, worth AED5.3 billion ($1.4bn), according to the latest figures from Dubai Land Department. AED628 …
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Posted on 09/07/2021

Dubai’s Emaar Properties to Merge Retail Arm by Year-End

Emaar Properties expects to complete its planned merger with retail arm, Emaar Malls, by the end of 2021, and is currently awaiting regulatory clearance from the United Arab Emirates’ Securities and …
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Posted on 09/07/2021

Dubai property deals top Dhs5 billion record mark

The real estate sector in Dubai showed a continuous flow of investments despite the COVID-19 challenges. The real estate and properties transactions reached Dhs5.3 billion in total during the week.
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Posted on 09/07/2021

Property firm owned by Abu Dhabi royals pulls $350 million sukuk

A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, was pulled …
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