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Category: PROPERTY

Posted on 05/08/2021

European hotel chain 25Hours to open Dubai property in Q4

European hotel chain 25Hours has announced it will be opening its Dubai location’s doors in the fourth quarter of this year. The Dubai 25Hours Hotel One Central will be the first of its kind in the …
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Posted on 05/08/2021

UAE citizens spend about 40pc on rent

Citizens of UAE spend 39.85% of their monthly outgoings on rent, the 4th highest percentage spent on rent in the world, a new study by money.co.uk reveals. The research looked at the average cost of …
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Posted on 05/08/2021

Revealed: How much UAE residents spend on rent a month

UAE residents spend nearly 40 per cent of their monthly expenditures on rent, the fourth-highest percentage spent on rent in the world, according to a new study.Data showed that the UAE residents …
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Posted on 05/08/2021

The 5 Best Dubai’s Communities Boasting Spectacular Views

A community in Dubai is not restricted to dazzling swimming pools, premium restaurants and greenery streets. Oftentimes, people want to appreciate the simple things when they are in the comfort of …
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Posted on 05/08/2021

Dubai’s property sales deals hit 12-year high

DUBAI: Property sales transactions in Dubai hit a 12-year high in July, driven by demand in the secondary market as the UAE economy continues to recover from the Covid-19 pandemic. The emirate last …
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Posted on 04/08/2021

Betterhomes affirms Dubai’s property market is “back in the spotlight”

In Betterhome’s latest H1 2021 Dubai Real Estate Market Report, the real estate brokerage highlighted Dubai’s re-appearance in the property market. UAE. Betterhomes affirms Dubai’s property market is …
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Posted on 04/08/2021

Wellness real estate gains momentum following COVID-19 as Vincitore Realty builds the region’s first wellness property in Dubai

Vincitore Realty is redefining real estate, healthy living and wellness with the development of the Dh375 million Vincitore Benessere project, that will change homes and lives – giving people a way …
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Posted on 04/08/2021

Property Sales in Dubai Hit 12-Year High in July

According to Property Finder, a listings portal, demand in the secondary market led Property sales transactions in Dubai to hit a 12-year high in July with 4,384 sales deals worth Dh11.18 billion.The …
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Posted on 04/08/2021

UAE-based businessman Talwar’s family buys sea-facing luxury villa Raheja Arbour in Mumbai’s Worli

The property with nearly 21,000 sq ft built-up area has three large duplexes with a private garden and an infinity swimming pool on the terrace overlooking the Arabian Sea.
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Posted on 04/08/2021

Aldar announces sell-out of Abu Dhabi waterfront land plots

Aldar Properties has announced the sell-out of land plots within the second phase of Al Gurm, the luxurious and secluded beachfront community on the South-West side of Abu Dhabi’s main island. This …
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Posted on 04/08/2021

Dubai Land Department launches global virtual real estate platform

HE Sultan Butti bin Mejren, director general of Dubai Land Department, said: “By removing many traditional limitations in the real estate transaction process, the smart real estate system allows …
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Posted on 03/08/2021

Dubai realty back in spotlight with deals hitting 10-year high

Dubai’s property sector is back in the spotlight as one of the hottest real estate markets where individuals and investors flock in droves to …
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Posted on 03/08/2021

Positive economic & employment sentiment in Dubai boosts property sales in H1 2021

The H1 2021 report shows that Dubai’s property market is back in the spotlight as one of the hottest real estate markets where individuals and investors flock in droves to purchase high-end proper …
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Posted on 03/08/2021

Sharjah, Ajman ‘turning hot property markets for investors’

The real estate markets in the northern emirates of Sharjah and Ajman have recorded stability in sales and rental prices in the first half of 2021, thanks to the affordable prices, family-friendly …
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Posted on 02/08/2021

Abu Dhabi’s Aldar sells out exclusive land plots at Al Gurm waterfront

Abu Dhabi’s Aldar Properties has sold out land plots in the second phase of Al Gurm development, a luxurious beachfront community in the emirate. All 71 plots, available exclusively to UAE nationals, …
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Posted on 02/08/2021

Jacob Zuma: Msholozi demands retraction of 2017 Dubai property story

Times have been given 24 hours to retract a 2017 story in which they claimed that Zuma was gifted a Dubai property by the Guptas.
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Posted on 02/08/2021

UAE: Man jailed for causing fire while illegally refilling gas cylinders

The Dubai Criminal Court has sentenced a man to one year in prison for illegally refilling gas cylinders and causing a fire on a farm. According to public prosecution, the accused, along with his …
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