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Category: PROPERTY

Posted on 28/01/2021

Abu Dhabi, Aldar Properties to develop capital projects worth $12.25bln

The Abu Dhabi Executive Council has approved a framework between Abu Dhabi Government and Aldar Properties for the development of capital projects in the emirate. The decision follows the …
( read original story …)


Posted on 27/01/2021

Lender FAB buoys Abu Dhabi as major Gulf markets rise

Major stock markets in the Gulf traded higher on Wednesday, with the Abu Dhabi index leading the gains, boosted by top lender First Abu Dhabi Bank.
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Posted on 25/01/2021

Why Dubai property agency has one billion reasons to be optimistic in 2021

Luxhabitat Sotheby’s International Realty has sold 70% of last year’s total sales in the first three weeks of this year …
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Posted on 25/01/2021

Revealed: 10 most expensive properties sold in Dubai in 2020

A villa in Dubai Hills was the most expensive property sold in Dubai last year, priced at Dh75 million followed by a Dh69 million villa in Sector L of Emirates Hills. According to an analysis by …
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Posted on 24/01/2021

Dubai prime house market records Dh29.5b deals in 2020

Dubai’s prime residential market recorded Dh29.54 billion worth of transactions in 2020 notwithstanding the challenges posed by the pandemic. Last year, transactions of more than 10,557 apartments and …
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Posted on 24/01/2021

UAE becomes more affordable in the Year of Covid-19 pandemic

Fall in rents and decline in costs of education, transport etc. made UAE more affordable in the year of the pandemic …
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Posted on 21/01/2021

Luxury Hotel Brand SLS Opens New Property In Dubai

It’s the brand new SLS Dubai Hotel & Residences – the new kid on the block, which is opening this coming March. Standing 75 stories tall, the new SLS Dubai Hotel & Residences boasts over 254 expertly …
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Posted on 20/01/2021

Abu Dhabi, Aldar Properties to develop Dhs45b projects

The Abu Dhabi Executive Council has approved a framework between Abu Dhabi government and Aldar Properties for the development of capital projects worth Dhs45 billion in the emirate. The decision foll …
( read original story …)


Posted on 20/01/2021

Dubai’s real estate sector seen ‘bottoming out’ in 2021

Consultants ValuStrat says both residential and office values could start to rebound this year as coronavirus impact subsides …
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Posted on 20/01/2021

Aldar Shares Jump as Abu Dhabi Signs Off on $12 Billion in Deals

Aldar Properties PJSC climbed the most in almost three months after Abu Dhabi signed off on deals worth $12.3 billion.
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Posted on 20/01/2021

Gulf stocks gain in early trade

Stock markets in the Gulf rose in early trade on Wednesday, with Abu Dhabi on track to extend gains for a fourth session.
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Posted on 20/01/2021

Abu Dhabi Government and Aldar Properties partner up for capital projects

The Abu Dhabi Executive Council has approved a framework betwee Government and Aldar Properties for the development of capital projects in the emirate. The decision follows the recommendation of the …
( read original story …)


Posted on 20/01/2021

Dubai property sales on an upswing, despite Covid woes

Dubai has been registering an uptick in property sales transactions in the last six months.Secondary, ready villas, and townhouses are in high demand as per Dubai Land Department. But it is not just …
( read original story …)


Posted on 20/01/2021

Time to buy? Dubai property sales on an upswing, despite Covid-19 woes

Dubai has been registering an uptick in property sales transactions in the last six months. Secondary, ready villas, and townhouses are in high demand as per Dubai Land Department. But it is not just …
( read original story …)


Posted on 19/01/2021

Fewer Dubai real estate project launches expected in 2021 as developers rethink plans

Property sales prices and rents in Dubai are set to remain under downward pressure during 2021 with apartment districts expected to face further headwinds, according to new research. Consultants Core …
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Posted on 18/01/2021

Dubai tops LEED GCC rankings

Not only is Dubai home to a high concentration of LEED-compliant commercial properties, but also features 804 LEED-certified homes. This means that the emirate actually has a combined area of more …
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Posted on 18/01/2021

Reportage Properties working on 10 major projects in UAE

Reportage Properties said work is currently under way on 10 key projects which will add about 4,000 new housing units into the UAE real estate market. Of these, six are in Abu Dhabi and rest in Dubai.
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