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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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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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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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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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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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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Is Dubai’s real estate market on its recovery path? (Part 2)
We sit down with Property Finder’s Director for Research and Data, Lynnette Abad Sacchetto to take a closer look at the current state of the market …
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Abu Dhabi property prices rise 4.1% in Q1 while rents stabilise
Residential capital values in Abu Dhabi rose by more than 4 percent on average during the first quarter of 2021, according to real estate consultants ValuStrat. Residential rental values stabilised …
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How 35 Former, Serving Governors Acquired 800 Properties Worth Over N152billion In Dubai
Some of those implicated include a North-West governor, two former Deputy Presidents of the Senate and a former National Chairman of the Peoples Democratic Party.
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Azizi first in UAE to register Israeli property purchase
Azizi Developments, a leading private developer in the UAE, has become the first developer in the country to register an Israeli property purchase. The developer has received interest from thousands …
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Temperatures Soar for Dubai’s Super Prime Property Market
Since Dubai property transactions broke a seven-year record in November 2020, predictions started pouring in that the market was headed for …
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Buoyancy returns to Dubai realty
Transactions during March were at a 10-year high as strong market growth continued, Property Monitor monthly market report said …
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Dubai’s Q1 real estate sales transactions surge to $6.8bn
In total, Q1 real estate sales transaction figures were 6 per cent more than the previous quarter with the secondary properties showing a 16 per cent jump, while the off-plan properties sales figures …
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Property sales continue recovery in Dubai
Figures from Mo’asher, the official sales price index from Dubai Land Department in cooperation with Property Finder, recorded 4,643 transactions worth Dh10.9 billion last month.
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Exclusive: What legal implications can renters and landlords expect from Dubai’s rent freeze?
To understand how the Dubai rent freeze impacts renters and property owners, we interviewed the offices of BSA Ahmad Bin Hezeem & Associates LLC. Landlords that properly forecast …
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Dubai crisis aftershocks are felt in developer’s third restructuring
Dubai property developer Limitless, one of the biggest casualties of the emirate’s financial crisis in 2009, may end up taking close to two decades to complete its debt restructuring under the …
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Property Prices in Prominent Communities in the Capital Show Marked Improvement
According to Bayut & dubizzle’s Abu Dhabi property market reports for Q1 2021, sales and rental prices in the capital city have shown promising gains in …
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