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Category: PROPERTY

Posted on 21/04/2021

Ammar Hilal appointed managing director of Raffles Dubai and Sofitel Dubai The Obelisk

Ammar Hilal has joined Raffles Dubai and Sofitel Dubai The Obelisk as managing director. He moves from Fairmont Dubai, another Accor property. In his new role he will oversee the daily operations of …
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Posted on 21/04/2021

Revealed: Popular areas for rental demand in UAE

Dubai Marina, Al Majaz in Sharjah and Al Reem Island were the top areas for rental demand in the UAE during the first quarter of 2021, said a new report.These figures were released by Property Finder …
( read original story …)


Posted on 20/04/2021

Gain in deal to tackle UAE property market challenges

Gain, a newly launched private community concierge app, has signed strategic partnerships with 11 home and business service providers in order to address the key property market challenges in the UAE …
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Posted on 20/04/2021

2021 best year for real estate investment in UAE, says expert

“Even during the toughest of times, the real estate market in Dubai and the UAE in general continued to attract investors from Europe and the US as global migration movement is pi …
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Posted on 19/04/2021

Royalty, celebs among investors in new Dubai ultra-luxury residences

Luxhabitat Sotheby’s International Realty says Four Seasons Private Residences have sold out within three months of launch …
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Posted on 19/04/2021

Why Dubai’s luxury real estate industry continues to attract investors

Demand for luxury properties in Dubai is increasing despite the continued economic uncertainty caused by the coronavirus pandemic, according to George Azar, CEO of Luxhabitat Sotheby’s. Azar was …
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Posted on 19/04/2021

Gain signs 11 partnerships to reduce service charges for property owners

Private community concierge app, Gain, has announced key partnerships with 11 home and business service providers in order to address the UAE property market challenges of rising service charges for …
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Posted on 19/04/2021

Dubai’s residential capital values down 11% in Q1

The residential capital values in Dubai for the first three months of 2021 registered a 11 per cent drop compared to the previous year, standing at 61.9 points, according to leading UAE-based local …
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Posted on 18/04/2021

UAE top choice of global property investors

DUBAI: The UAE’s real estate market is currently experiencing renewed vigor and momentum, which can be attributed to peaked rental and capital appreciation across some of the high-end properties …
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Posted on 17/04/2021

Dubai sees first quarterly property price rises for seven years

ValuStrat Price Index shows average quarterly improvement of 0.8% as Q1 sees accelerated positive trends for the first time since 2014 …
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Posted on 16/04/2021

Shrinking population to continue to put pressure on UAE property prices

Knight Frank says pre-coronavirus pandemic population levels in the UAE are not expected to return until late 2022 at the earliest …
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Posted on 15/04/2021

Inside the ‘£200m’ UK property empire of Dubai ruler Sheikh Mohammed who kidnapped his own daughter from Britain

WHEN you’re among the richest royalty in the world, sometimes a single multimillion-pound mansion just won’t do. That seems to be the case for Sheikh Mohammed bin Rashid Al Maktoum, …
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Posted on 15/04/2021

Residential property values in top UAE markets down in 2020

With population levels in UAE’s top real estate markets, Abu Dhabi and Dubai, estimated to have declined by roughly 5% in 2020, growing levels of supply and existing vacancy levels, there has been a …
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Posted on 15/04/2021

Bloom’s 181-unit residential development in Abu Dhabi sold out in 6 hours

Aldhay is designed to become an exclusive residential community in one of the most prestigious areas in Abu Dhabi city …
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Posted on 15/04/2021

Dubai property investors hold back assets’ sale as prices increase

As the property prices recover in Dubai, investors are holding back the sale of their assets to bargain for a better price, as an element of greed has set in, according to analysts. They said signs of …
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Posted on 15/04/2021

UAE sees strong demand for villas, townhouses as prices drop

With work from home becoming a central aspect of post-pandemic life, the UAE is witnessing a strong demand for good quality villas and townhouses mainly driven by end-users capitalizing on favorable …
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Posted on 14/04/2021

Developer Bloom says new Abu Dhabi project sells out in six hours

Abu Dhabi-based real estate development company, Bloom Properties, on Wednesday announced that the first phase of its Aldhay project has sold out within six hours of release onto the market. The …
( read original story …)


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